General Motors has announced that it plans to stop selling Chevrolet brand cars in India at the end of 2017. The company currently runs two production facilities in the country. It will keep the Talegaon facility operational and use it to export vehicles to Mexico and South America, while selling the Halol facility to Chinese joint venture partner SAIC group. The move comes after GM’s....More>>>
Related BTC Does Bitcoin Actually Hold Any Value At All? China & The Code: Keys To Bitcoin Hitting A 2-Year High
Forks have been in the news a lot recently due to controversy in the bitcoin community.
There was the potential fork that threatened to split bitcoin into two....More>>>
Roshni Nadar, chief executive officer for HCL Corp., an IT outsourcer, will inherit a lot of money from her billionaire father Shiv Nadar. That is, if she doesn’t become a billionaire on her own before that. (Photo by Dhiraj Singh/Bloomberg)
Anyone who has been to India has seen the poverty. Mumbai is home to one of the largest slums in the world. India’s per capita income....More>>>
U.S. stock futures on Monday pointed to a rise at the open, putting the S&P 500 on track to rise on the third quarters first trading day after the benchmark notched is seventh straight quarterly win.
Traders are facing a shortened session ahead of Independence Day on Tuesday, but they still will get fresh reports on manufacturing, construction spending and car sales.
Related CYB Dalio's Bridgewater Associates Won Approval To Set Up Subsidiary In China 4 Very Bearish Trades This Hedge Fund Is Making Daily State Of The Markets: Alternatives – Exploration Of Investing's Final Frontier (Seeking Alpha) Related CNY Chinese Yuan (CNY) Hits 6-Year Low Against US Dollar....More>>>
Change is scary, but it is good. For First Solar (NASDAQ:FSLR), the company knows it must change and adapt its business to the increasing competition coming from China. If it does not develop new products, low panel prices and excess supply will leave First Solar unable to compete. The fourth-quarter results give investors reasons for optimism: R&D spend, operating expenditures, project successes,....More>>>
Top executives at United Parcel Service Inc. (NYSE: UPS) took home outrageously high compensation last year, even though the parcel carrier missed many of its performance targets, like revenue growth and total shareholder returns.
In fact, UPS said in its March filings with the U.S. Securities and Exchange Commission (SEC) its three-year performance missed targets for revenue growth,....More>>>
One of the nation’s best-known toolmakers, Stanley Black & Decker, said Thursday that it will move more manufacturing back to the U.S. from overseas, including construction of a new $35 million factory after acquiring the Craftsmanbrand from ailing retailer Sears Holdings.
Expanding American manufacturing makes “business sense” amid “pervasive” uncertainty....More>>>
Ford Motor Company and My Position
I have been invested in Ford Motor Company (NYSE:F) for some time now. I made my fist small investment in F three years ago, and mostly over the last two years I have increased my holding. As can be seen from previous articles I have written, I have been a bull of the company. At the current time I do not consider the stock a buy based upon an appreciation....More>>>
As Tyler and Cameron Winklevoss’s almost four-year-long pursuit to offer a Bitcoin exchange-traded fund or ETF nears its final deadline on March 11, developments in bitcoin continue to shift the calculus for tea-leaf readers.
On Thursday, bitcoin shed 10% of its price as two of the biggest Chinese cryptocurrency exchanges put a hold on withdrawals after the People’s Bank....More>>>