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U.S. car makers count among Pacific trade pact skeptics

December 5, 2015 by · Leave a Comment 

U.S. auto makers are unlikely to win a much bigger share of the Japanese vehicle market despite a bid to break down trade barriers under a new Pacific trade pact, a key advisory committee found, highlighting the difficulties ahead in winning votes for the deal through Congress. Car makers joined

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U.S. car makers count among Pacific trade pact skeptics

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First GM China-made import to U.S. to go on sale in mid-2016

December 5, 2015 by · Leave a Comment 

By next summer, the Buick Envision small SUV will become the first General Motors Co model imported from China to be sold in the United States, the company said on Friday. Reuters reported in August that by 2017 most Buick's U.S. sales could be of models produced in either China or Europe. The Envision will give Buick three “crossover” vehicles in the U.S. market.

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First GM China-made import to U.S. to go on sale in mid-2016

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Yahoo board in final talks on future of company

December 5, 2015 by · Leave a Comment 

By Deborah M. Todd SAN FRANCISCO (Reuters) – Yahoo Inc's board of directors on Friday is in the third and final day of meetings that could decide the future of one of Silicon Valley's most prominent but troubled companies. One option on the table for the nine board members is whether to sell Yahoo's core business, which includes Mail, its sports sites, and advertising technology. The company is also in …

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Yahoo board in final talks on future of company

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Fed’s Yellen faces battle in 2016 after getting all clear for December hike

December 5, 2015 by · Leave a Comment 

WASHINGTON/PHILADELPHIA (Reuters) – Federal Reserve Chair Janet Yellen has the evidence of U.S. labor market health she wanted in order to raise benchmark interest rates for the first time in a decade this month, but she may have a tougher time selling further hikes. Federal funds futures contracts imply a 79-percent chance that the Fed will end seven years of near-zero interest rates at its December meeting and about even odds of a second rate rise by March. Interest rate futures …

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Fed’s Yellen faces battle in 2016 after getting all clear for December hike