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News & Updates
April 30, 2015 GM to invest billions of dollars in U.S. plants: sourceSource: Reuters
General Motors (GM.N) on Thursday will announce a multibillion-dollar, multiyear investment in several U.S. manufacturing plants in a move to boost production and vehicle quality, a person familiar with the matter said.
Source: Journal of Accountancy
New rules proposed by a divided SEC on Wednesday would require public companies to disclose the relationship between executive compensation and the company’s financial performance
April 30, 2015 Greece signals concessions in crunch talks with lenders
investing.com - Compounding the pressure on Athens, ratings agency îMoody'sî cut Greece's credit rating deeper into junk territory late on Wednesday due to fears about whether a deal will be found in time to meet...
April 30, 2015 World shares fall after US reports meager 1Q growthSource: Washington Post
TOKYO — World stock markets were mostly lower Thursday after the U.S. economy skidded to a near halt in the first three months of the year and Japan’s central bank held off from expanding its monetary stimulus
The Federal Reserve downgraded its view of the U.S. labor market and economy on Wednesday in a policy statement that suggested the central bank may have to wait until at least the third quarter to begin raising interest rates.
April 29, 2015 The Oil Rally Looks Doomed, in Five ChartsSource: Bloomberg
Oil has surged 20 percent this month to $57 a barrel as expanding violence in Yemen stoked concern that supplies could be disrupted. The rally follows the biggest drop since 2008, with crude falling as low as $43.46 a barrel in...
April 29, 2015 Sustainable Investing: A Fiduciary Win-WinSource: Wealth Management
Sustainability is considered by many to be an antidote to chaos, introducing or perhaps restoring order to situations that threaten long-term survival. A well-known definition of sustainable development, coined by the United...
April 29, 2015 VW Seeks to Move Past Piech’s Exit With 17% Profit JumpSource: Bloomberg
Volkswagen AG reported a 17 percent jump in first-quarter profit, beating analysts’ predictions, as the company sought to move past a tumultuous power struggle that culminated with the resignation of Chairman Ferdinand Piech.
Billionaire Elon Musk thinks he can pave the way to a better energy future by turning the mattress-shaped batteries in Tesla’s electric car into upright pillars so they can be used to power homes, businesses and even utilities.
BEIJING/SHANGHAI - Giant U.S. retailer Wal-Mart Stores Inc plans to expand its footprint in China by nearly a third by opening 115 new stores by 2017, the firm's chief executive said, in a renewed push to lure China's grocery...
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