Ford has revealed a racing version of the new Bronco ahead of Mexico’s Baja 1000 race. FOX Business’ Lauren Simonetti with more. (Reuters) – Ford Motor Co (F.N) will use the Mustang name, previously reserved for a muscle car, for an electric sport utility vehicle (SUV) that customers in the […]
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TC Energy restarts Keystone oil pipeline at 20% pressure reduction: US regulator
ClearView Energy Partners managing director Kevin Book discusses the Keystone pipeline spill, the trade war, how energy-efficient vehicles affect the price of oil and more. NEW YORK (Reuters) – TC Energy Corp has completed repairs and restarted the Keystone oil pipeline at a 20 percent pressure reduction after spilling more than 9,000 barrels in North […]
GM strike sends ripples across auto parts suppliers
Mackinac Center Director of Fiscal Policy James Hohman discusses the economic toll of the General Motors strike in the battleground state of Michigan. Nov 8 (Reuters) – Several auto parts makers and suppliers have lowered their full-year forecasts and disclosed hits to quarterly earnings from the 40-day strike at No.1 U.S. carmaker General Motors. Continue Reading Below […]
GM sells Ohio plant to start up seeking to build electric pickup trucks
Mackinac Center Director of Fiscal Policy James Hohman discusses the economic toll of the General Motors strike in the battleground state of Michigan. Nov 7 (Reuters) – General Motors Co confirmed on Thursday it has sold its shuttered Lordstown Assembly plant in Ohio to a start-up that has an ambitious […]
Mattel revenue beats on Barbie dolls, BTS K-pop band toys
It’s up more than 17 percent, possibly due to the launch of a new doll line. (Reuters) – Mattel Inc (MAT.O) reported a surprise jump in quarterly revenue on Tuesday as newer models energized demand for its flagship Barbie brand, while the launch of dolls based on Korean pop-sensation BTS […]
Fiat Chrysler recalls 108,000 diesel Ram 1500 pickup trucks for coolant leaks
FILE PHOTO: A 2019 Ram 1500 pickup truck is on display in front of the Fiat Chrysler Automobiles (FCA) Sterling Heights Assembly Plant in Sterling Heights, Michigan, U.S., October 22, 2018. Picture taken on October 22, 2018. REUTERS/Rebecca Cook/File WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV (FCHA.MI) said on Friday […]
How a major US farm lender left a trail of defaults, lawsuits
711 Ranch manager James Henderson discusses how the U.S.-China trade war is affecting his farm. HARROD, Ohio (Reuters) – After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared $12 million in loans for Ohio corn and soybean producer Greg Kruger in 2013. Continue […]
Hong Kongers accuse police of backing mob violence as relations hit rock bottom
Peterson Institute for International Economics senior fellow Mary Lovely discusses the implications of Hong Kong protests and U.S., China trade. HONG KONG, Oct 21 (Reuters) – Hundreds of Hong Kong riot police confronted pro-democracy demonstrators on Monday night as they gathered to commemorate the three-month anniversary of an assault by […]
Tyson Foods bans growth drug from US hog supply as meat firms chase China demand
Frobose Meat Locker owner Bob Frobose on how the U.S.-China tariff war may affect beef prices. Oct 17 (Reuters) – Tyson Foods Inc in February will stop buying U.S. hogs raised with a growth drug banned by China, the company said on Thursday, as global meat suppliers seek an edge in boosting […]
Boeing 737 Max victims’ lawyers to subpoena Southwest, American airlines
Fox Business Briefs: Can increased holiday travel costs be blamed on the grounding of the Boeing 737 Max? CHICAGO (Reuters) – Lawyers representing families of passengers killed in a Boeing 737 MAX crash in Ethiopia in March are set to issue subpoenas to Southwest Airlines and American Airlines, according to documents […]