COMPANIES

Piaggio Aero P180 Avanti II: Too Much Private Plane Or Just Right?

The Piaggio Aero P180 Avanti II in flight.
The P180 Avanti II is striking. Even stationary on the tarmac, the plane from Italian aerospace company Piaggio Aero looks like it will rise into the air with the slightest breath of breeze, a magnificent Roc ready to take to the skies and transport its travelers to wondrous lands, or the Essex County Airport in Caldwell, New Jersey, in other circumstances.
The AOL logo is seen on the outside of the building housing the companies corporate headquarters in New York

AOL Dissidents Get Big Boost; Shares Near High

Shares of AOL Inc. (NYSE: AOL), the No. 7 website, traded near their 52-week high Monday after activist investors Starboard Value Management won crucial backing to win seats on the board of directors.
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Portugal To Keep 3 Big Banks Going With $8.2B

Portugal will give ?6.6 billion ($8.2 billion) to its three largest banks to help them beef up their balance sheets. Receiving the capital injection are two private banks, Banco Comercial Português and Banco BPI, and state-owned Caixa Geral de Depositos.
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US Manufacturing Jobs Begin The Long March Back From China (And Elsewhere)

The U.S. had been losing industrial jobs to low-cost countries, particularly in Asia, for years, but its manufacturing sector appears to be staging a surprising turnaround. In 2009, manufacturing accounted for about 11 percent of U.S. gross domestic product; in 2011, the comparable figure was 12.2 percent.
Visitors are silhouetted against a Logo of the Honda Motor at the company showroom in Tokyo

American Honda Sales In US Skyrocket 47.6 Percent In May

U.S. car sales soared 47.6 percent for the American Honda unit of Honda Motor Co. Ltd. (NYSE: HMC) in May, as the Japanese automaker consummated its recovery from last year's triple disaster (earthquake, tsunami, and nuclear meltdowns), with strong sales of its flagship Civic and Accord cars.
Mazda CX-9

Mazda U.S. Sales Tepid in May

Mazda Motor Corporation (Tokyo: 7261) struggled in May posting U.S. sales growth of just 5.4 percent on a daily selling rate adjusted basis, however, the company's sales for the year to date remain strong compared to last year, up an adjusted 19.3 percent.
Volkswagen Passat

VW's May US Sales Gain 28%

Volkswagen AG (Frankfurt: VOW) U.S. sales grew 28.4 percent in May, the company's best May since its heyday as a 70s era-icon.
2. JPMorgan Chase

CFTC Probing JPMorgan Emails: WSJ

The U.S. Commodity Futures Trading Commission has issued subpoenas to JPMorgan Chase & Co. to determine whether fraud was committed in connection with the bank's multibillion-dollar proprietary-trading fiasco, the Wall Street Journal reported Friday.
The Nissan logo on a car.

Nissan U.S. Sales Increase 21 Percent In May

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.

General Motors Launches $26 Billion Pension Buyout

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.
New Cars Dealership

May US Car Sales: American Automakers Gain, GM Predicts Return to Prerecession Levels, Toyota Surges

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.
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BP To Sell Stake In TNK-BP, May Be Worth $30B+

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.
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May Retail Sales Stronger Than Expected: Reuters

Several top retailers reported stronger-than-expected sales in May Thursday, Reuters is reporting, providing a moderate surprise to Wall Street retail analysts, who had warned May might prove a disappointing month in terms of revenue for many stores.

Apple Without Steve Jobs: 9 Things CEO Tim Cook Is Doing To Move Forward

It was strange not to see Steve Jobs fill one of the iconic red executive chairs at the D10 Conference in Rancho Palos Verdes, Calif., hosted by All Things Digital's Walt Mossberg and Kara Swisher, but current Apple CEO Tim Cook did his best to fill the massive vacancy left by Jobs with some heartwarming stories about Steve, his life at Apple, and some encouraging signs that the world's most valuable technology company is moving in the right direction.
US Stocks

3 Dividend-Plus-Growth US Stocks For Jittery Investors

No, you haven?t imagined it: trying to find a decent investment in these volatile financial times is like trying to find a diamond amid ashes. With the aforementioned in mind, here are three dividend plays that may not be diamonds, but they're worthy of consideration.

Ford Launches Major Pension Buyout Plan

Ford Motor Company (NYSE: F) will offer a pension buyout to 98,000 retirees and former employees of the nation's second biggest car company, Reuters reported Thursday.

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