Political Ad Spending for Presidential Election To Reach $2.9B
Spending on advertising by Republican and Democratic presidential campaigns and Pro-Romney or Pro-Obama Super PACs is expected to reach $2.9 billion, even as national TV ad spending shrinks in the face of the looming "fiscal cliff."
Kia Roars Into Motorsports With Forte Koup, Optima And Unexpected Success
The South Korean car manufacturer Kia has become an unexpected success with its Forte Koup and Optima cars on the Grand Am and Pirelli World Challenge racing circuits.
Auto Bailout To Cost Extra $3.4B
The cost of the 2009 bailout of the U.S. automotive industry by the federal government will cost the country $3.4 billion more than was previously estimated, reports said Tuesday.
3 Reasons The 3-Martini Lunch Could Fix the Economy, Improve Your Work and Open New Horizons
The three-martini lunch has gone out of vogue in the last fifty years, but maybe, just maybe, it's time to return to the time-honored, vermouth and gin soaked tradition of the 1940s, 50s and 60s.
US Manufacturing Jobs Will Grow As Japan's Carmakers Move Capacity To North America
Amid constant political caterwauling about the demise of American manufacturing, Japanese automakers like Toyota Motor Corporation (NYSE: TM), Honda Motor Co. (NYSE: HMC) and Nissan Motor Co. (Tokyo: 7201) are gradually bringing manufacturing jobs to North America by building new factories and adding extra shifts to meet resurgent demand in the U.S. automotive market.
Obama’s Going To Make It Rain (Money) To Stave Off Drought And Food Shortages
U.S. President Barack Obama is going to make it rain money to ensure the nation's livestock get enough water and to fight rising food prices during one of the country's worst droughts in half a century.
US And Turkey Considering No-Fly Zone Over Syria
Turkey and the United States are launching a new working group to draft stronger measures, including a possible no-fly zone, in response to the deteriorating situation in Syria.
Paul Ryan Noodles Catfish And Five Other Weird Facts About Mitt Romney’s VP
Rep. Ryan has some unusual, controversial and even downright weird hobbies and personal history to contend with. Here are six weird facts to know about Paul Ryan, Mitt Romney's vice presidential running mate.
Five Paul Ryan Positions Americans May Love
Republican presidential hopeful Mitt Romney selected Rep. Paul Ryan of Wisconsin as his vice presidential running mate Saturday, and while the fresh-faced number-two man can be a divisive figure, he has some positions that conservative Americans, as well as some moderates and liberals, may love.
Five Paul Ryan Positions Americans May Hate
By picking Rep. Paul Ryan of Wisconsin as his running mate Saturday, Mitt Romney signaled that he was trying to put a fresh face on his campaign for his core demographic of conservative voters. But Ryan comes with some positions that many moderate or liberal voters may hate, and even some conservatives too.
Wanxiang Lifeline For A123 Faces Anti-China Backlash
Chinese conglomerate Wanxiang Qianchao Co. (Shanghai: 000559) is offering a $450 million lifeline to struggling battery manufacturer A123 Systems Inc. (Nasdaq: AONE), but the deal is facing right-wing opposition in the U.S.
Money's Winners And Losers: Rentech, Goldman Sachs, NASA And Curiosity; Standard Chartered, Apple And Samsung, Social Security Administration
Each week, the International Business Times money team picks three winners and three losers. Our choices are made based upon the amount of money involved and how compelling, dramatic, or just generally interesting the story behind the money is.
Bentley Continental Supersports Convertible Review: Tiger In the Dining Room
The Bentley Continental Supersports Convertible embodies contradictions: British class and refinement contain the aggression and power of a tiger about to pounce. The Supersports Convertible strives to be perfect, and in most regards it is. Any review of a car of the Supersports Convertible's caliber has to focus on the details or limit itself to five short words: this is a great car.
Renault Bets On Africa With Continent's Largest Automotive Factory
The Renault-Nissan Alliance headed by superstar CEO Carlos Ghosn is hoping to beat the crowds in the nascent African automotive market with the largest assembly plant on the continent.
General Motors’ Akerson Wants Company To Stop Being A Dinosaur
General Motors Company (NYSE: GM) chairman and CEO Dan Akerson seems to think that it is finally time for the company to leave the 1970s and enter the 21st century. He also implied that it was time for the nation's largest automaker to stop being a dinosaur, according to the Detroit News.
America's Wealthiest Drive The Mercedes-Benz E-Class, BMW 328 And...Toyota Prius?
Keeping up with the Joneses can mean buying best-value vehicles for some of the wealthiest U.S. consumers.
Supercars On the Road Less Traveled: From New York To Saratoga Springs In the Aston Martin V8 Vantage And 2013 Porsche Boxster S
A road trip from New York City to Saratoga Springs, New York in the Aston Martin V8 Vantage and 2013 Porsche Boxster S is a reminder that life's about the journey, not the destination.
Why Bloomberg's Plan for More New York City Taxis Is Stupid
New York City's Bloomberg administration and the NYC Taxi & Limousine Commission are embarking on a stupid plan to expand the taxi fleet as a way of plugging holes in the 2013 budget.
GM Calls Spyker's $3B Saab Lawsuit 'Baseless'
General Motors Company (NYSE: GM) talked some smack at Dutch carmaker Spyker N.V. following its Monday announcement that it would sue GM for $3 billion over the bankruptcy of Saab Automobile AB.
Need Some Valtrex? GM Sued for $3 Billion by Spyker Over Saab Bankruptcy
Like a bad case of herpes, the bankrupt Swedish automaker Saab Automobile AB just keeps flaring up in General Motors Company's (NYSE: GM) private dealings. Dutch supercar company Spyker N.V. announced Monday it was suing General Motors for $3 billion in damages on account of alleged interference in a 2011 transaction between Spyker (which owned Saab) and Chinese investor Youngman, a deal which Spyker alleges would have saved Saab if it had been successful.
These Wildfires May Never Really Leave; They Just Go Underground To Flame Up Anytime
Peat fires, or underground blazes in the wake of wildfires, are an increasingly dangerous hazard globally and extremely expensive to contain for resource-challenged regions, as Michigan's Upper Peninsula is finding out.
Money's Winners And Losers: Boeing, Gabby Douglas, LinkedIn, Facebook, Ford, GM, and Knight Capital
Each week, we pick the biggest, most dramatic, or most captivating winners and losers in the world of money and business. Here are the winners and losers for July 29-Aug. 4.
2013 Porsche Boxster S Review: A Top Down Driver Fable for the Everyman
The 2013 Porsche Boxster S offers the most fun and best performance of any roadster for under $100,000.
Free Gas From Shell For Southern Calif. Hydrogen Fuel-Cell Drivers
Massive oil and gas companies don't usually give away free gas, but Royal Dutch Shell Plc. (NYSE: RDS.A) will be making some Southern California drivers very happy, at least if they drive hydrogen fuel-cell electric vehicles (FCEV).
Toyota July US Auto Sales Surge
Toyota Motor Corporation (NYSE: TM) reported on Wednesday July U.S. car sales up 26.1 percent to 164,898 as the company continued to recover from last year's natural disasters.
Japan's Car Companies Resurgent In July US Sales, Ford And GM Caught With Hands In 'Cookie Jar'
Japan's big three, Nissan, Toyota and Honda gained big in sales while Ford and GM had lackluster showings.
Honda July US Car Sales Rise on Accord, Civic Demand
Honda Motor Co. (NYSE: HMC) reported on Wednesday July U.S. sales rose 45.3 percent to 116,944 as the Japanese automaker continues its robust recovery from last year's earthquake and tsunami in Japan and flooding in Thailand.
Hyundai July US Car Sales Surge But Inventory Constrained
Hyundai Motor Co. (Seul: 005380) reported on Wednesday July U.S. car sales up 4 percent to 62,021 vehicles, the company's best July ever despite constrained inventory for the Korean automaker.
Nissan July US Sales Surge On Demand for Altima
Nissan Motor Co. (Tokyo: 7201) reported on Wednesday U.S. July Car sales up 16.2 percent over the year before on strong demand for cars, particularly the Altima and Rogue models.
Volkswagen July US Car Sales Up, But Jetta Demand Down
Volkswagen AG (Frankfurt: VOW) reported on Wednesday July U.S. car sales rose 2.3 percent, the company's best July U.S. sales since 1973 during the hey-day of the VW Bus.