[LIVE BLOG] May 2013 US Auto Sales: Sales Seen Rising From April; The Detroit 3 GM, Ford, Chrysler Sold Almost 10% More Cars From April; World’s ‘Big 8’ Including Toyota, Honda, VW Report Their Sales Today
Final tally for May 2013 U.S. auto sales: 1,444,626 units sold.
Ford (F) May 2013 US Sales: Up 14% Led By Continued Strong Demand For Fusion Sedan, Escape SUV; F-Series Pickup Sales Shot Up 30%
Ford Motor Company (NYSE:F) said Tuesday it sold 246,585 vehicles in April, a 14 percent increase from a year ago.
Apple Comes One Step Closer To iTunes Internet Radio Service With Warner Music Deal; Big Announcement Expected June 10
Apple’s iTunes dominates digital music sales. Now a Warner Music deal is reportedly set in Apple’s Internet radio aspirations.
Chrysler May 2013 US Sales: Sales Rise 11%; Dodge Ram Pickup Sales Up 22%; Chrysler 300 Lux Sedan Loses Ground; Dodge Dart Outsells The Charger
Chrysler reports May record sales for eight models, including the Ram pickup truck and the Jeep Compass compact crossover SUV.
May 2013 U.S. Auto Sales Forecast: Sales Seen Rebounding From April, With Ford Up By As Much As 20%; Nissan Seen Expanding, Too; GM Spent Most On Incentives
Major auto companies are seen pushing the seasonally adjusted annual rate back up to 15 million after an April dip.
Blockupy Demonstrators Clog Frankfurt Streets Demanding End To Austerity Policies They Say Help Banks, Corporations Against Working, Unemployed
Thousands of demonstrators from the anti-austerity group Blockupy took to the streets in Germany's main financial district.
European Unemployment Just Keeps Rising; Euro Zone Jobless Figures Rises To 12.2% While EU Holds At 11%
More than one-quarter of Greeks and Spaniards are idle, along with nearly one-quarter of all younger working-age Europeans.
India Economic Expansion Slowest In A Decade; It Was 9% In 2011, Now It’s Less Than 5%
India's economy expanded by 4.8 percent in the first three months of 2013, the country's last fiscal 2012-13 quarter.
The Philippines' Economy Expanded More Than China's, Saw Robust Industrial Activity And Stronger Domestic Consumption
Guess which economy grew the most in the first quarter of 2013? If you said China, you’re wrong.
Japan’s Overbought Nikkei Stock Exchange Sheds Over 5% Thursday But Still Up 30% From Start Of Year
Japan's stock market gained 50% since November amid the country’s economic turnaround plan; now comes the technical correction.
Tata Motors' Q4 2013: Company’s Auto Sales, Production Figures Show Just How Much Country’s Economy Has Decelerated
India’s largest auto company surprised Wall Street with its Q4 earnings, but sales in India have plummeted.
Switzerland Seeks To ‘Put The Past To Rest’ Regarding US Probes Into Swiss Banks That Help American Tax Cheaters
Switzerland approved a bill Wednesday allowing Swiss banks to settle tax-dodging disputes with the U.S.
IMF Drops China Growth Estimate, Warns About Country’s Rapid Credit Expansion
China, a major driver of global GDP growth, is now expected to grow by 7.75%, just one-quarter of a point over China's own 7.5% target.
OECD Cuts Global Growth Forecast; The U.S. Leads In Developed Democracies; Germany Leads In Contracting Euro Zone; Japan Growth Down From Last Year
The OECD Wednesday downgraded its global economic growth forecast for the year. Even so, the U.S. is buoying developed-world growth.
Here's A Snapshot Of How European Parliament Sees The Scope Of Tax Evasion Among Residents Of The 27 Member States [INFOGRAPHIC]
European Parliament wants to see more done to crack down on widespread tax cheating.
Value Of Chinese Conglomerate Fosun International Climbs Most In Two Months After It Bids With AXA To Buy Club Med
The company recently opened two resorts in China and has three more in the works; AXA and Fosun approve, as do investors.
European Commission Wants Punitive Tariffs Placed On Solar Panels Made In China, But At Least 15 Member States Oppose The Measure
Brussels wants to impose a tariff on Chinese solar panels, but 15 European Union members oppose the plan.
Google’s Web Ad Strategy Subject Of Federal Antitrust Query As Competitors Complain About DoubleClick, Which Google Acquired In 2007
Google could face the antitrust investigation it has been trying to avert over its Internet advertising marketplace.
Perhaps Someday Oklahomans Will Thank Nation For FEMA Aid To Moore Tornado Victims By Voting Jim Inhofe And Tom Coburn Out Of Office
One sound is burned into my memory having grown up in Oklahoma City: tornado alarms.They were, and still are, tested every Saturday at noon. Dozens of sirens scattered throughout the city moan their alarms designed to give people precious minutes to pile into their storm shelters, huddle in their bathtubs or otherwise seek more fortified shelter.Like many residents of the state located in the heart of Tornado Alley, I had my share of close encounters. Tornadoes in the spring, and the chance of having everything you own wiped away, are part of the reality of life on the Southern Plains.
After Shedding 7.3% On Thursday, Tokyo Stocks Close Up Slightly On Friday On Volatile Trading
Japan's Nikkei recovered from a record fall to end a volatile day of trading in positive territory.
Faced With Cheaper Asian Imports, Ford Will Stop Making Cars In Australia Where Company Says It Costs Four Times As Much To Manufacture Cars There As It Does In Asia
Ford is ending manufacturing activities in Australia after 87 years as the country's auto production has been hit hard by cheaper Asian imports.
US Markets Shrug-Off Massive Sell-Off On Japan’s Nikkei Thursday Morning, Suggesting Asia's Plunge Is Regional
Investors seemed to weigh the Asian market sell-off and Europe decline against a stream of encouraging news about the U.S. economy.
Asian Markets Rattled By Positive Outlook On U.S. Economy, Contraction In Chinese Manufacturing
Comments by Ben Bernanke and the latest China manufacturing activity report pull down Asian stock markets.
Euro Zone Private Sector Activity Contracted In May While The UK Reported Flat Q1 Growth, Adding To Mounting Concerns The Global Economy Is Slowing
The euro zone purchasing managers’ index for May shows that businesses are still contracting. Meanwhile, the U.K. reported flat Q1 growth.
Wal-Mart (WMT) Hires Former Bush Advisor Dan Bartlett To Head Government Relations Efforts As Company Faces Controversies Over Wages, Bribery, Bangladesh
Wal-Mart has hired Dan Bartlett, ex-advisor to George Bush, to head government relations amid bribery and Bangladesh-factory controversies.
Will Troubled US Plug-In Electric Sports Car Maker Fisker End Up Being A Chinese-US Car Company?
The troubled maker of the Karma electric hybrid sports car could end up in the hands of a US boutique car company and a Chinese partner.
Euro Zone Deficits Are Narrowing, Thanks To Lack Of Borrowing Sources And Exports To North America, Asia
Italy, Spain, Portugal and Greece's account balances are heading toward pre-crisis levels, thanks to improved trade imbalances.
A Day After Apple CEO Cook Defends Irish Tax Dodge, EU Leaders Meet To Reign In ‘€1 Trillion A Year’ Worth Of Tax Evasion
Two important summits are coming up this year where Europe-based tax evasion and fraud will surely take center stage.
Here's Why Jamie Dimon Is Keeping His Powerful Dual Roles At World's Largest Bank JPMorgan Chase: $125 Billion In Profits Since 2003
CEO Jamie Dimon survives vote to strip him of chairmanship.
Home Depot (HD) First Quarter 2013: Housing Market Recovery Boosts Profits 18.5%
The world's largest home improvement retailer's Q1 results pleasantly surprised Wall Street's analysts.
