General Motors posted record net income — double the figure from a year ago, when it was hit by a $1.5 billion recall charge. …read more
DETROIT (Reuters) – General Motors Co on Tuesday said its third-quarter net income doubled on strong truck and SUV sales in its home U.S. market.
NEW DELHI/MUMBAI (Reuters) – Tata Sons’ shock move to oust Cyrus Mistry and his core team of advisors and bring back Ratan Tata as chairman of the salt-to-software conglomerate could lead to delays in the group’s bid to reduce its debt load across its businesses, analysts say.
SYDNEY (Reuters) – International Business Machines Corp apologized to Australia on Tuesday for what the government has described as a “malicious” cyber-attack that shut down a national census, but blamed two domestic internet providers for the security lapse.
NEW YORK (Reuters) – Fannie Mae said on Monday it has launched a program to streamline its underwriting on mortgages for some borrowers that uses electronic data instead of physical proof of their income, assets and employment.
By Armando Roggio Using a process derived from the scientific method, ecommerce marketers may be able to make their ads and other promotions more effective, increasing return on advertising spend and encouraging growth.
The … …read more
MILAN (Reuters) – Italy’s Monte dei Paschi di Siena prepared to unveil a capital-boosting and business plan on Monday under new chief Marco Morelli, as its shares extended a week-long rally buoyed by the prospect of an alternative rescue scheme.
PHOENIX (Reuters) – In search of higher profits margins, Boeing Co is aiming to win more of the lucrative market for replacement parts and repair services, pitting the plane maker against major suppliers who view that growing $62 billion a year market as their turf.