| Feb 6, 2014
| 7:30 AM
General Motors Co. posted a small increase in fourth-quarter profit but its results for the period disappointed Wall Street as business deteriorated in Asia and South America and the costs of restructuring operations in Europe mounted.
| Jul 25, 2013
| 8:09 AM
Profits at General Motors Co. fell by 19% during the second quarter as losses in Europe continued to offset strong sales in North America.
GM posted a proft of $1.2 billion, down from $1.5 billion in the same period a year earlier. Revenue rose 4% to...
| Jul 30, 2013
| 8:43 AM
Matching a trend set last week by its domestic rivals, Chrysler Group reported healthy second quarter earnings Tuesday, helped by the strong U.S. auto market and a boom in profitable truck sales.
The Auburn Hills, Mich., automaker said it posted...
| Feb 19, 2014
| 2:18 PM
Tesla Motors Inc. narrowed its losses in both the fourth quarter and the year as the electric car maker ramped up sales both in the U.S. and internationally and collected about $150 million from the sale of environmental credits.
Shares of Tesla...
| Oct 30, 2013
| 8:07 AM
General Motors Co. said its profit fell in the third quarter, but the automaker’s results also demonstrated that its troubled European operations are improving.
GM’s profit fell 53% to $698 million in the quarter compared with the same...
| Dec 9, 2013
| 10:35 AM
Abercrombie & Fitch is keeping controversial Chief Executive Mike Jeffries on board for at least another year after his current contract expires in February, ignoring recent calls for the struggling teen apparel company to cut him loose.
| Dec 14, 2013
| 9:55 AM
NEW YORK — Most media moguls spend their time building empires.
Time Warner Inc. Chairman and Chief Executive Jeff Bewkes has spent the last several years dismantling one.
Gone is AOL, the online platform that acquired Time Warner in 2000 in a...
| Sep 26, 2013
| 10:15 PM
Tribune Co., parent of the Los Angeles Times, is reviewing operations in an effort that will likely result in staff reductions at the company's daily newspapers.
Tribune announced in July that it planned to separate its newspapers from the company's...
| Sep 30, 2013
| 6:19 PM
WASHINGTON — The last time the federal government shut down, for three weeks in the winter of 1995-96, the American economy felt a jolt but recovered quickly.
Things don't look anywhere near as promising this time around.
The nation is currently...
| Oct 10, 2013
| 6:02 PM
The owner of the Orange County Register has increased his holdings in Southern California by agreeing to buy the Press-Enterprise, which circulates in Riverside and San Bernardino counties.
Freedom Communications Holdings Inc. said it will pay $27.25...
| Oct 11, 2013
| 4:42 PM
NEW YORK — The financial crisis has finally caught up with Jamie Dimon.
As leader of JPMorgan Chase & Co., he steered the nation's largest bank through the Wall Street collapse of 2008. At the prodding of panicked U.S. regulators, the mighty New...