Tag Archives: Business

5 Questions for CEO Mary Barra on General Motors to recall 1.5 million vehicles

Mary Barra has spent much of her first three months as General Motors CEO apologizing for the company’s failure to recall 2.6 million vehicles until after 13 deaths had occurred. Tuesday she’ll have to answer some very tough questions from the House Energy and Commerce Committee about why it took GM 10 years to order […]

Argentina faces lawsuit over US satellite contract

An Argentine bondholder seeking to collect on hundreds of millions of dollars in judgements stemming from the country’s historic 2002 default filed a lawsuit today aiming to take control of the country’s rights under a contract for satellite launches with a private US firm. The lawsuit, pending in Los Angeles federal district court, was filed […]

The Strategy behind FedEx’ fast service.

FedEx Express or Federal Express is the world’s largest airline in terms of freight tons flown and the world’s fourth largest in terms of fleet size. It is a subsidiary of FedEx Corporation, delivering packages and freight to more than 375 destinations in nearly every country each day. The firm was named by Fortune magazine […]

Your New Sales Cycle: Optimizing for the Ultimate Moment of Truth

Search is a natural step in the discovery process. In a web-based world, search engines offer a lens into a qualified and structured view to help online consumers focus and make informed decisions. With Google dominating search, marketers concentrated on improving search ranking through tried and true techniques to ensure that what they were marketing […]

Hyundai Motor launches ceiling solar power system at Asan plant

SEOUL, Dec. 23 (Yonhap) — Hyundai Motor Co., South Korea’s biggest carmaker, said Monday that the country’s single largest ceiling-mounted solar power system went into operation at its local plant. Hyundai said the power system built in cooperation with Korea Midland Power Co. is made up of 40,000 solar individual panels that are all placed […]

China Estimates 2013 Growth at 7.6% as Challenges Seen Ahead

China estimates that growth slowed to 7.6 percent this year, with mounting challenges putting pressure on the nation’s traditional growth model of investment-led spending, according to the official Xinhua News Agency. The calculation for the gain in gross domestic product for 2013 was included in a report by the State Council, or cabinet, to the […]

Investors Slam The Brakes On Tesla, Time To Stay On The Shoulder?

Forbes.- Valuation doesn’t matter, until it does. That’s the refrain I hear from countless analysts, investors and strategists when it comes to momentum or “story” stocks, where enthusiasm for where the company is going next overshadows the financial performance it can deliver now. Dozens of stocks have been carried by the frenzy of lofty expectations, and then […]

Starbucks aims to hire 10,000 vets, active-duty spouses over 5 years

  Seattle Times.- Starbucks is announcing Wednesday a plan to hire at least 10,000 military veterans and active-duty spouses over the next five years. Chief Executive Howard Schultz, who will detail the plan at Starbucks headquarters, has charted an aggressive global expansion that ultimately calls for 500,000 employees companywide, up from 200,000 today. The announcement also […]

Google to spend another 450 mln euros on Finnish data centre.

(Reuters) – Google said on Monday it would invest another 450 million euros ($607 million) over the next few years on a data centre in southeastern Finland, a boost for a country struggling with Nokia’s decline and weakness in paper and steel industries. The investment is in addition to 350 million euros the world’s No. […]

GM Q3 net off 53% to $698M after ‘specials’ but beats forecasts

USA Today.  General Motors reported third-quarter earnings of $698 million, after the cost of special items, down 53% from a year ago on a slight increase in revenue to $39 billion — which still was more than Wall Street expectations. Without special items earnings were $1.6 billion. A year ago, GM reported earnings of $1.5 […]