According to reports, the liquid coolant used in Chevrolet Volt batteries might have caused the fire that broke out inside the electric car. General Motors (GM) is, apparently, examining the possibility.
Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and Nasdaq 100 up 0.6-0.8 percent.
A Chinese bank is in talks about taking a stake in Saab, in the latest attempt to rescue the crisis-hit Swedish car maker after an earlier deal to secure its future ran into trouble.
Stock index futures pointed to a higher open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.8-0.9 percent.
Don’t look now but we’re already in the zettabyte era. Next year, market forecaster IDC predicts, the volume of digital content will rise 48 percent, to 2.7 zettabytes.
From the time when a statement by Massachusetts' attorney-general announcing a lawsuit against five major banks began appearing on the newswires, shares of the financial institutions being sued actually went up slightly.
Suit targets nation's largest lenders
The Malkin family, the New York landlords who own the Empire State Building, plan to file to become a publicly traded real estate investment trust (REIT) in around three months, it said in a Securities and Exchange Commission filing.
At a time when electric cars are beginning to steal the limelight from their gas-eating rivals, a new finding from the National Highway Traffic Safety Administration (NHTSA) over General Motors' (NYSE:GM) electric vehicle, Chevrolet Volt, may likely question the safety of electric cars.
A Procter & Gamble Co. representative said former company CEO John Smale, 84, died Saturday in Cincinnati. No immediate details regarding his death were revealed.
The 10-day-long Los Angeles Auto Show began Friday at the Los Angeles Convention Center, with more than a thousand cars on display, including concept and ecofriendly vehicles.
Volkswagen has pressed U.S. regulators to change a proposal to double auto fuel efficiency, arguing the plan puts it at a competitive disadvantage and unfairly de-emphasizes clean diesel engines.
The top aftermarket NYSE gainers Tuesday were: Hillenbrand, Stepan, Hewlett-Packard, Hecla Mining, Williams Companies, Edwards Lifesciences, Omega Healthcare Investors, Dean Foods, General Motors and Beazer Homes USA.
US officials have launched an investigation to scrutinize the safety of lithium-ion batteries used to power electric vehicles after a General Motors Chevrolet Volt caught fire after a routine test.
U.S. regulators are investigating the safety of batteries used to power electric vehicles after a General Motors Co Chevrolet Volt caught fire following a routine crash test.
General Motors Co posted a lower third-quarter profit on losses in Europe and offered a disappointing outlook that raised doubts about the speed of its turnaround two years after emerging from bankruptcy.
Stocks slid more than 2 percent on Wednesday as a spike in Italian bond yields heightened fears the debt crisis in Europe was spreading.
Too bad Greece never had a Tea Party. If it had, it wouldn't be in the mess it's in now. It wouldn't have become the beggar of Europe, eking out a living on the kindness of strangers.
Stocks dropped more than 2 percent in early trading on Wednesday as a spike in Italian bond yields prompted fears the region's debt crisis was spiraling.
General Motors Co posted a third-quarter profit that fell 15 percent after a loss in Europe and forecast that operating profit in the current quarter would be flat from a weak fourth quarter in 2010.
Mitt Romney is earning the ire of Democrats due to his opposition of the auto industry bailouts ahead of the GOP debate in Michigan on Wednesday.
Toyota Motor Corp posted a 32 percent drop in quarterly operating profit and withdrew its full-year profit forecasts.
