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According to Reuters, Chrysler will idle its plant for a month to cut inventory and costs. Reuters reports that the…
Markets in Asia were mostly higher. The Nikkei rose .6% to 8,867. Honda (HMC) dropped after cutting profit forecasts. The…
According to Reuters, the Fed may need to use a trillion dollars to halt the economy from moving into a…
Hand it to Andrew Grove, the former CEO of Intel (INTC). He wrote a book about how paranoid he is…
Markets in Asia were mixed. The Nikkei rose .8% to 8,396. Honda (HMC) rose slightly. Nintendo was up on news…
GM (GM) distributed its turnaround plan to Congress. It was almost exactly what the market expected, but it fudges one…
A lot of fat, pork-barreling Congressmen who are supposed to vote on an auto bailout just want to go home…
Markets in Asia were sharply lower. The Niikkei fell 6.4% to 7,964. Honda (HMC) fell on a strong dollar. The…
Markets in Asia were mixed. The Nikkei fell 1.4% to 8,397. Honda (HMC) fell sharply on concerns about sales. The…
Near the Detroit Metropolitan Airport, visible from several major highways, is a four-story tall replica of a Uniroyal tire. It…
Markets in Asia were mostly higher after a rally in the US. The Nikkei was up 5.2% to 8,324. Canon…
When it comes to the trouble with the US car industry and a potential government bailout, the first and most…
According to Reuters, concerns about the global economy are growing as the G20 nations are meeting. Reuters says that Congress…
According to Reuters, Australia cut key interest rates. Reuters reports that a large Goldman Sachs (GS) fund lost $1 billion…
It was no secret that US auto sales were going to be down the drain. Frankly, it is hard to…
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