When Ford awarded CEO Alan Mulally more than $50 million in compensation for 2010’s record profit it raised eyebrows around Detroit. Now, the UAW is using that big payday as a rallying point for members as it starts negotiation…
Toyota Motor (TM) reportedly won’t resume vehicle production at any of its plants in Japan on Tuesday, as the automaker had planned. The continued stoppage leaves in question just how soon the world’s largest automaker will be able to resume operations…
The economy appears to be heading into a rare, but oft-predicted, scenario of strong growth and low inflation called “Goldilocks.” While it’s been called before, experts might be right this time around.
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It’s easy to be pessimistic these days. Libya’s civil war, surging oil prices and the disaster in Japan have combined forces to send financial markets tumbling. But the cold, hard facts about the economy paint a more optimistic…
Toyota, Nissan and Honda, among other companies, have shut down plants temporarily in Japan in the wake of Friday’s earthquake and tsunami. While many of their factories were undamaged, crippled nuclear plants are causing power…