May U.S. car sales increased 20.5 percent for Nissan Motor Company Ltd. (Tokyo: 7201) on strong demand for the Altima, as the company continues to push out remaining inventory in advance of the launch of the 2013 model in June, demand remained high for fuel-efficient models and moderating gas prices drew some consumers back to trucks.
Nebraska landowners challenging the constitutionality of state laws dealing with the Keystone XL Pipeline will have to pin their hopes on Nebraska's lower district court, as its Supreme Court decided it will not hear their case.
General Motors Company (NYSE: GM) will provide certain salaried retirees with a lump-sum pension payment offer in lieu of normal monthly pension payments, a move which is expected to reduce the pension obligation of the nation's largest automaker by $26 billion, the company announced Friday.
The Venezuelan government passed a new gun law that prohibits the commercial sale of firearms and ammunition, moving the country closer to President Hugo Chavez and his administration's goal of disarming all civilians as crime rates continue to rise.
This backdrop of the weakening of the global economy could promote a broad round of coordinated central bank easing.
Got an extra long weekend to explore the British capital where Queen Elizabeth II will be celebrating her 60th year on the throne with a massive Diamond Jubilee party? Come explore London amid the royal hoopla.
Some 110,000 people were added to the unemployment rolls of the 17-nation euro zone in April, the statistical office of the European Union reported Friday, once again setting a record high, as every country in the common currency agreement save for Austria, Germany and Ireland reported a deteriorating labor condition. The unemployment rate held steady at 11 percent.
Verizon Communications (NYSE: VZ)?s plans to acquire Hughes Telematics (OTC: HUTC) for $612 million indicates the biggest U.S. phone company is seeking a new market: Mercedes-Benz drivers.
Shares of big gold mining companies rocketed higher Friday as the yellow metal regained its status as a safe-haven amid growing fear that the American economy may not be able to offset the combined drag of the euro zone crisis and sharply decelerating growth in China and India.
A higher-than-expected 60.3 percent voted yes in the euro zone's only national referendum on the fiscal pact, a binding agreement which will tie the 25 signatories to hard budget targets and set fines for missing them.
Enrique Peña Nieto has enjoyed a comfortable lead against his rivals for much of the Mexican presidential campaign season. But recent polling suggests his victory isn't as certain as it has appeared, leaving analysts pondering the future of Petroleos Mexicanos, the country's creaky state-owned oil company, should the candidate's main leftist rival win on July 1.
The president is reportedly telling donors that he may need to revisit the health-care law in a second term.
The value of the monetary unit of Canada slipped Thursday against the U.S. dollar as a consequence of underwhelming employment data issued by the U.S.
Traders woke up this morning to the quite shocking news of the US Non-Farm Payroll employment numbers.
Continued strong car sales were joined by a surge in truck and SUV demand to drive a 12.6 percent growth in May U.S. sales for Ford Motor Company (NYSE: F), which cited demand for fuel efficient vehicles as a primary driver of growth.
U.S. stocks followed global equities down Friday as fears mount that the American economy may not be able to offset the combined drag of the euro zone crisis and sharply decelerating growth in China and India.
Yesterday morning the Chicago PMI Data came in quite weak with a reading of 52.7 versus and expectation of 56.7.
General Motors Company (NYSE: GM) experienced modest U.S. sales gains of 10.9 percent in May with sales of 245,256 vehicles, the highest monthly volume for the company since August 2009.
Following a high-volatility period over that past few days that has seen the political situation in Greece worsen, highly disappointing economic data prints in the U.S. and China and -- most prominently -- a surprise banking crisis in Spain, U.S. Treasuries have been hitting historically low yields on a daily basis. Lawrence Dyer, a New York-based rates strategist for British giant bank HSBC says should soon fall to 1.32 percent or lower.
A third straight month of disappointing job data clearly suggests that the U.S. labor market conditions are deteriorating again, which economists say will undoubtedly prompt more speculation that a third round of quantitative easing by the U.S. Federal Reserve is coming soon.
It has been 18 months since the Arab Spring swept through the Middle East, and, while some nations have emerged with a renewed spirit, others have plunged into daily violence. Here's a country-by-country look at travel and tourism in the region as it stands now.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, plunged as much as 7.5 percent in Friday trading, reversing Thursday?s 5 percent gains. Overall markets fell about 2.5 percent.
A Wisconsin law that limited collective bargaining for local unions had led to a sharp decline in membership in the past 15 months, the Wall Street Journal reported.
She urged foreign investors to invest in Myanmar in order to provide jobs for the young and alleviate high rates of poverty.
Sales grew across the board in May for U.S. automakers with Chrysler Group LLC, a subsidiary of Italian Fiat S.p.A. (Milan: F), leading the way in growth and General Motors Company (NYSE: GM) leading in volume, while Ford's car and truck sales remained strong on demand for fuel-efficient vehicles. The Asian carmakers also reported U.S. sales on Friday with Toyota Motor Corporation (NYSE: TM) enjoying bumper growth of 73 percent.
Chrysler Group LLC, a subsidiary of Italian Fiat S.p.A. (Milan: F), reported May U.S. auto sales up 30 percent, the best showing for the month in five years and the 26th consecutive month of year-over-year sales gains for the revivified company.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, plunged as much as 4 percent in early Friday trading, reversing Thursday?s 5 percent gains.
U.S. stock futures plunged Friday after a surprisingly weak nonfarm payrolls report raised fears that the nation's nascent recovery may be losing steam and raising the possibility that the Federal Reserve may opt for economic stimulus measures.
Nonfarm payrolls rose by a paltry 69,000 in May, the weakest in a year, while the unemployment rate ticked back up to 8.2 percent as the labor participation rate edged up 0.2 percent to 63.8, the Labor Department said Friday. Economists polled by Thomson Reuters had called for a total gain of 150,000 jobs.
BP PLC is selling its stake in Russia-based crude oil and natural gas venture TNK-BP after receiving a unsolicited indications of interest regarding the potential acquisition, the British company said Friday.
