Transportation equipment industry
Beijing remains a highly sought-after destination for global auto majors, with foreign manufacturers vying for a share of China's massive and growing car market. The 11th Shanghai International Auto Show, which concluded recently, saw a record exhibit area of over 120,000 square meters, with all major players
Transportation equipment industry
Eugene Kuznetsov, DataPower's CTO, was recently named one of the Top 25 most influential CTOs in the IT industry for his vision in XML-aware networking. He will moderate a panel discussion at the OASIS Symposium on Service-oriented Architecture (SOA), featuring industry experts from leading companies including Boeing, Cendant,
Transportation equipment industry
A comprehensive electronic prescribing initiative aimed at reducing medication errors and enhancing healthcare quality and cost-effectiveness has been launched in Southeast Michigan. The program, spearheaded by Blue Cross Blue Shield of Michigan, brings together automobile manufacturers General Motors, Ford Motor Company, and DaimlerChrysler Corporation, along with pharmacy benefit manager Medco
Transportation equipment industry
General Motors reported a record quarterly loss of $1.1 billion, its worst in over a decade, as rising healthcare costs and falling sales weighed on the company's finances. The loss, which amounts to $1.48 a share, was in line with market forecasts, but the company'
Transportation equipment industry
About 180,000 credit card holders, mainly GM-branded MasterCard users, may have had their credit card data compromised due to a security breach at clothing retailer Polo Ralph Lauren. The breach was reported in January 2005 to MasterCard, which immediately launched an investigation. Banks and credit-card issuers, including HSBC and
Transportation equipment industry
Market analysts from Schaeffer's Investment Research provide valuable insights into the stock market performance of various companies, including Hot Topic, General Electric, General Motors, Eli Lilly, and Apple Computer. The researchers highlight key trends, earnings announcements, and sentiment indicators that influence the market activity. Key Takeaways: * Hot Topic
Transportation equipment industry
The year 2005 was supposed to be a turning point for the American auto industry, with major manufacturers like General Motors, Ford, and Chrysler betting big on a new crop of sedans, coupes, and compacts to regain market share from Japanese rivals. However, the results so far are mixed, with
Transportation equipment industry
For the fourth consecutive year, Wal-Mart Stores has claimed the top spot on FORTUNE's annual ranking of America's largest companies, followed closely by Exxon Mobil and General Motors. This milestone marks a significant continuation of the company's success since the inception of the FORTUNE
Transportation equipment industry
American auto sales rose 0.8 percent in March, with foreign competitors gaining ground at the expense of domestic carmakers. General Motors (G.M.) and Ford Motor saw sales decline, while Nissan Motor had a 12.6 percent increase, its first time selling over 100,000 cars and trucks in
Transportation equipment industry
Gas prices have risen to an average of $2.15 a gallon nationwide, leading some to believe that consumers will shun gas-guzzling vehicles. However, recent sales data suggests that consumers are adapting to higher fuel costs by snapping up fuel-efficient vehicles and trucks. Meanwhile, some Asian brands have reported record
Transportation equipment industry
Winn-Dixie Stores Inc. has pushed back the release of its turnaround plan, despite expecting to finalize the store "footprint" plan by mid-April. The delay comes as the supermarket chain navigates a Chapter 11 bankruptcy reorganization, which it filed for on February 21. According to Winn-Dixie President and CEO
Transportation equipment industry
The United Automobile Workers union has made a compromise with Chrysler Corp. to introduce deductibles as part of its employee health coverage, and General Motors and Ford may follow suit. This move marks a significant departure from the union's traditional "first dollar" health care coverage, which
