GM Making Money

GM Profit Jumps

General Motors Co. reported surprisingly strong third-quarter profits Wednesday, as it also said it offered buyouts to thousands of salaried workers to cut costs amid slowing sales in the global car business. The No. 1 U.S. auto maker by sales reported a 25% jump in its third-quarter operating profit...

By | November, 5, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Koch Brothers Not Happy

Koch Network to Fight Tariffs

Three organizations financed by conservative billionaire industrialists Charles and David Koch are launching a multimillion-dollar campaign against President Donald Trump’s tariffs on imports. The groups said Monday that the multiyear initiative will include advertising, education of activists, lobbying, policy analysis and “grass roots mobilization.”...

By | June, 5, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Tariffs for Everyone

Tariffs for EU

The Trump administration is reportedly planning to impose import tariffs on European steel and aluminum after finding no satisfaction in its effort to win trading concessions on the issue. An announcement dropping the EU from an exemption to global tariffs of 25% on imported steel, and 10% on aluminum, could come on Thursday...

By | May, 31, 2018|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

Tariff Talk Sends Markets Reeling, Again

More Tariff Talk

President Donald Trump threatened a major escalation in trade tensions with Beijing on Thursday, saying he was considering imposing tariffs on an additional $100 billion in imports from China. The move would triple the amount of Chinese goods facing levies when entering the U.S...

By | April, 6, 2018|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments