Facebook's Mobile Numbers Impress; GM Beats Street by DailyFinance Staff May 2nd 2013 9:00AM A mixed bag from Facebook's earnings, but revenue from the all-important mobile sector was stronger than expected. GM's earnings fell from a year ago but still beat...
GM Profit Hit by Lower North American Earnings by The Associated Press May 2nd 2013 7:56AM General Motors' net income fell 14 percent to $865 million in the first quarter, weighed down by losses in Europe and weaker earnings in North America.
GM Boosts CEO Pay 44%; Gov't Still Owns 16.4% Stake by The Associated Press Apr 25th 2013 3:04PM General Motors boosted Chairman and CEO Dan Akerson's pay package by 44 percent last year, as the value of his stock awards significantly increased.
Toyota Maintains Crown as World's Best-Selling Automaker by The Associated Press Apr 24th 2013 6:20AM Toyota held onto its status as the world's top-selling automaker in the first quarter of this year, although the three-way race with GM and Volkswagen is proving tight.
Bellwether Caterpillar Posts Disappointing Profit and Sales by DailyFinance Staff Apr 22nd 2013 9:15AM Caterpillar's profit and sales came in short of expectations. It also forecast that sales for the full year will be below target, because of slow growth in the world economy.
Cars Powered by Cheap, Safe Batteries Likely Years Away by Reuters Apr 16th 2013 5:00AM Used in everything from laptops to electric cars, lithium-ion batteries nonetheless have an image problem following several high-profile incidents involving smoke and fire.
Yum Brands' China Sales Catch a Case of Bird Flu by DailyFinance Staff Apr 11th 2013 8:55AM The bird flu outbreak in China is taking a big bite out KFC's sales there. They fell 16% last week, and the downtrend for the unit of Yum Brands is continuing this month.