Whenever economists discuss the “big picture”— where we’ve come from, where we’re going— someone is bound to bring up Joseph Schumpeter. Schumpeter (1883-1950) was, in fact, a master of thinking about the “big picture,” most famously in his writings on economic development, entrepreneurship, and the past and future of capitalist societies.
The United Auto Workers union has decided it will not identify an organizing target among foreign automakers with U.S. operations, a shift in strategy in a campaign that union leadership sees as central to its survival.
According to reports, the liquid coolant used in Chevrolet Volt batteries might have caused the fire that broke out inside the electric car. General Motors (GM) is, apparently, examining the possibility.
Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and Nasdaq 100 up 0.6-0.8 percent.
General Motors Co is closing in on a package of proposed fixes for the Chevrolet Volt battery pack that engineers believe would eliminate the risk of a fire being triggered days after a crash, two people with knowledge of the situation said on Tuesday.
General Motors Co is closing in on a package of proposed fixes for the Chevrolet Volt battery pack that engineers believe would eliminate the risk of a fire being triggered days after a crash, two people with knowledge of the situation said on Tuesday.
A Chinese bank is in talks about taking a stake in Saab, in the latest attempt to rescue the crisis-hit Swedish car maker after an earlier deal to secure its future ran into trouble.
Stock index futures pointed to a higher open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.8-0.9 percent.
Don’t look now but we’re already in the zettabyte era. Next year, market forecaster IDC predicts, the volume of digital content will rise 48 percent, to 2.7 zettabytes.
December 2 - General Motors Co is exploring design changes to the Chevrolet Volt battery to address issues raised after federal safety officials opened a probe into the plug-in electric car, a top executive said on Friday.
From the time when a statement by Massachusetts' attorney-general announcing a lawsuit against five major banks began appearing on the newswires, shares of the financial institutions being sued actually went up slightly.
General Motors Co may redesign the battery for its Chevrolet Volt to address issues raised after federal officials opened a safety probe into the plug-in electric car, GM's chief executive said on Thursday.
Suit targets nation's largest lenders
Nissan Motor Co and Volkswagen AG posted double-digit percentage gains in November U.S. sales, a strong showing for a month analysts were expecting to set a more than two-year record overall.
Higher incentives and better model selection in November led to the best month for U.S. auto sales in more than two years.
The Malkin family, the New York landlords who own the Empire State Building, plan to file to become a publicly traded real estate investment trust (REIT) in around three months, it said in a Securities and Exchange Commission filing.
General Motors Co will allow Chevrolet Volt owners to drive other GM vehicles while U.S. regulators investigate the safety of batteries used in the Volt after crash tests produced fires.
At a time when electric cars are beginning to steal the limelight from their gas-eating rivals, a new finding from the National Highway Traffic Safety Administration (NHTSA) over General Motors' (NYSE:GM) electric vehicle, Chevrolet Volt, may likely question the safety of electric cars.
U.S. auto safety regulators are opening a formal investigation into fire risks in General Motors' Volt vehicles, the National Highway Traffic Safety Administration said on Friday.
General Motors Co and the United Auto Workers announced details of expanded work on Monday at the former Saturn plant in Tennessee that will create nearly 1,900 jobs by 2014.
A Procter & Gamble Co. representative said former company CEO John Smale, 84, died Saturday in Cincinnati. No immediate details regarding his death were revealed.
The 10-day-long Los Angeles Auto Show began Friday at the Los Angeles Convention Center, with more than a thousand cars on display, including concept and ecofriendly vehicles.
