Recent News

American Axle Q2 net grows 12%

American Axle and Manufacturing Holdings said today its second-quarter net income increased 12 percent from the year-earlier period to $58.6 million. ... Read More »

Adjusting to a new country’s financial system takes time

Wei Jiang, the author, as a young adult in China. I had a worry-free life before I came to the United States. I lived with my parents and grandparents. I had a job and was paid in cash. I divided my pay into three equal portions. One-third went to Grandma as my...

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FCA battles in court with Australia ex-CEO

FCA traded charges in court with its former Australia CEO, who denied breaching his legal duties and said he acted on instructions from above after a lawsuit by the carmaker accused him of excessive spending and illegally enriching himself through... ... Read More »

Denso lifts profit forecast on weaker yen

Toyota-affiliated supplier Denso lifted its profit forecast for the first half of its fiscal year, citing bigger-than-expected currency gains from a weaker yen and higher overseas production of auto parts. ... Read More »

FTC Seeks Public Comment on Riyo Proposal for Parental Verification Method Under COPPA Rule

The Federal Trade Commission is seeking public comment on a proposed verifiable parental consent method that Riyo has submitted for Commission approval under the agency’s Children’s Online Privacy Protection Rule.Under the rule, online sites and services...

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FTC Approves Final Order Preserving Competition in U.S. Market for Cigarettes

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the $27.4 billion merger of tobacco companies Reynolds American Inc. and Lorillard Inc. would likely harm competition in the U.S. market for cigarettes.Under...

... Read More »

FTC Seeks Public Comment on Riyo Proposal for Parental Verification Method Under COPPA Rule

The Federal Trade Commission is seeking public comment on a proposed verifiable parental consent method that Riyo has submitted for Commission approval under the agency’s Children’s Online Privacy Protection Rule.Under the rule, online sites and services...

... Read More »

FTC Approves Final Order Preserving Competition in U.S. Market for Cigarettes

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the $27.4 billion merger of tobacco companies Reynolds American Inc. and Lorillard Inc. would likely harm competition in the U.S. market for cigarettes.Under...

... Read More »

GM recalls 82,620 Cadillac ATS sedans over sunroof issue

General Motors is recalling 82,620 Cadillac ATS sedans and issuing a stop sale on the vehicle for issues with the power sunroof. GM already had recalled 67,000 ATS sedans in February for the same issue. ... Read More »

Toyota holds Apple, Google at bay with Telenav navigation deal

Toyota will turn to a little-known company instead of Apple or Google to provide navigation and phone connectivity, as it seeks to maintain control of the car features. ... Read More »
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