General Motors

GM Boosts Shareholder Returns Amidst Labor Challenges

On Wednesday, General Motors unveiled a major stock buyback program, doubled its dividend, and informed investors that it can withstand additional labor costs from a six-week autoworkers strike.

General Motors lays off 1,100 employees in Lansing plant

The workers keeping their jobs now are still safe from any employment actions as General Motors just invested $583 million in the plant.

Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses

French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.

Mexico economy minister sets meeting with US automaker executives in trade push

Trump's threats and unpredictability drives Mexico to build support from companies and US states that rely on business on the south border.

GM going for ignition switch trial in January

General motors will go to trial on January 11 in the case of defective ignition switches after the company a US judge rejected automakers bid to bellwether case.

Cadillac launches again its XT5 Luxury SUV, this time in a Dubai public school fashion show

General Motors unveiled its new luxury 2017 XT5 SUV again in a public school fashion show in Dubai.

GM promises UAW $1.9 billion for US operations, 3,300 union jobs

General Motors entered a contract with The United Auto Workers union to provide $1.9-billion investment in US operations that would add 3,300 union jobs in the country.

Mastercard launches new program to turn wearables into payment devices

Mastercard introduced a new program, the extension of Apple Pay technology, to turn wearable things like clothes and accessories into payment devices.

Analysts says there is a bigger economic story behind the quarterly snapshots of Caterpillar and McDonald's

The third quarter report of Caterpillar and other heavyweight international companies could give a clearer picture of how the global economy is doing. It reveals that there really is a global economic slowdown.

GM Pre-Tax Profit Higher than Expected

General Motors exceeded expectations with a pre-tax profit increase of 37 percent or $3.1 billion in the third quarter thanks to strong sales in North America and improved performance in China.

Reviving the Ranger will get Ford back to action

For several years Ford Ranger became invisible in the autoworld but now it's coming back with new look and new features.

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American Dream Deferred: Wealth Gap Deepens Among Millennials

A recent study found that there is a fresh wave of class conflict and animosity due to the widest wealth difference of any generation between affluent millennials and the rest of their age group.

Could You Qualify for SNAP Benefits?

The United States Department of Agriculture (USDA) oversees the food stamp program, also known as supplemental nutritional assistance, which is a vital tool for helping low-income families and individuals buy nutritious food.

Forget Stocks, Crypto Now Directly Impacts Housing Prices

According to a new study, as cryptocurrencies grow in importance inside American investment portfolios, their impact is seen not just in virtual transactions but also in real estate and consumer purchasing.

Bond Yields Drop as Job Growth Slows

After the April jobs data revealed weaker-than-expected payroll growth and an unexpected tick higher in the unemployment rate, U.S. Treasury rates fell on Friday.

Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance

Even as late as 2020, four years after his investment colossus began to build a sizable stake in the business that produces iPhones, Warren Buffett of Berkshire Hathaway was still using a flip phone.

Must Read

Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II

The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.