Ford posted a $2.4 billion dollar second quarter profit, coming in right where analyst expected.
About three-fourths of Ford Motor Co. noteholders have accepted the company’s offer to exchange notes for shares of stock and cash, allowing the company to reduce its debt by more than $1.9 billion, the automaker […]
Building battery plants in Michigan. Rehabilitating New York’s Staten Island Ferry Terminal. Cutting a new highway through Nelsonville, Ohio. In a report being released Friday by Vice President Joe Biden, the White House pushes back […]
More than a half-billion eggs have been recalled in the nationwide investigation of a salmonella outbreak that Friday expanded to include a second Iowa farm. The outbreak has already sickened more than 1,000 people and […]
Global sales of vaccines grew by a healthy 16 percent last year, when sales shot up to $22.1 billion, healthcare market research publisher Kalorama Information reported Friday.
The $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries’ financial rescue plans did on the U.S., according to a new report […]
General Motors says it made $1.33 billion in the second quarter, a sign of growing strength as the company prepares to sell stock to the public.
After a five-year wage freeze, Ford Motor Co. Executive Chairman Bill Ford Jr. is getting paid again. It’s another sign that the automaker founded by his great-grandfather Henry Ford is healthy enough to award its […]
Geely Holding Group completed its acquisition of Ford Motor Co.’s Volvo unit Monday in a $1.5 billion deal that gives the small-but-ambitious Chinese automaker a global brand and huge management challenges.