GM Vows to Stick to U.S. Production Pledge

General Motors said it will stick to its pledge to keep certain levels of vehicle production in the United States until it has fully repaid the U.S. taxpayer.

GM had proposed making 1.8 million vehicles in the United States this year, with output inc…

Ford to Spend $850 Million to Overhaul Michigan Plants

Ford Motor (F) plans to spend $850 million during the next three years to improve and expand plants in Michigan that will result in in 1,200 new full-time jobs, the automaker said Monday.

The capital improvements are part of the company’s plan to upgr…

Apple’s Stealth Assault on the Video Game Market

By now you probably know that the surprise hit of Apple’s latest earnings call was the hockey-puck-size AppleTV device. But an unexpected upside for Apple is that AppleTV could be a backdoor entry into the video-game console ma…

CommScope in Talks With Carlyle Group About $3 Billion Sale

CommScope (CTV), a maker of telecommunications equipment, said that private-equity firm Carlyle Group is in talks to buy the company for about $3 billion.

If the deal goes through, Carlyle would acquire all of CommScope’s outstanding stock for $31.50…