Fourth of July Travel Expected to Increase

Fourth of July Travel Expected to Increase

AAA today projected the number of Americans traveling this Fourth of July holiday weekend will increase 17.1% from 2009. This means about 34.9 million travelers taking a trip at least 50 miles away from home. Last year, 29.8 million Americans traveled during the same...
Sorting Out GM Stock – Old versus New

Sorting Out GM Stock – Old versus New

As General Motors prepares to register with the U.S. Securities and Exchange Commission for sale of stock in the new Company, confusion exists about the old stock of the bankrupt Corporation. It’s worthless. General Motors Company is the “new GM,” which emerged...
Houston Man Added to EPA’s Fugitive List

Houston Man Added to EPA’s Fugitive List

The U.S. Environmental Protection Agency has added Yousef Ishaq Abuteir of Houston, Texas to the agency’s fugitive Web site for failing to appear for several scheduled court proceedings. Abuteir, an Israeli citizen, pleaded guilty to conspiring to impede the Internal...
Lazarus Named to National Commission on BP Spill

Lazarus Named to National Commission on BP Spill

The co-chairs of the bipartisan National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling have selected a highly regarded Georgetown University law professor to serve as the commission’s executive director, the U.S. Department of Energy said...
Toshiba to Supply Electric Motors to Ford in U.S.

Toshiba to Supply Electric Motors to Ford in U.S.

Toshiba Corporation (TOKYO:6502) will expand manufacturing capacity at its plant in Houston, Texas for production of drive motors for hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs), the Japanese company said...
GM Reorganizes Its Thriving South American Ops

GM Reorganizes Its Thriving South American Ops

General Motors Company announced today that it is creating a new regional organization “to meet rising customer demand” in South America by splitting it off from the existing International Operations division. GM South America will be headquartered in Sao...
Cadillac Matches BMW on Free Maintenance

Cadillac Matches BMW on Free Maintenance

Cadillac announced today that it would provide owners of all 2011 models with required maintenance services for the first four years or 50,000 miles. The latest marketing move follows an announcement yesterday that Lincoln, Ford’s luxury brand, would offer free...
Adults Worse than Teens about Cell Distractions

Adults Worse than Teens about Cell Distractions

Adults are just as likely as teens to have texted while driving and are substantially more likely to have talked on the phone while driving. These findings come from a new survey by the Pew Research Center’s Internet & American Life Project. The Pew survey also...
Volvo Recalls C30, S40N, V50 for Defective Shifters

Volvo Recalls C30, S40N, V50 for Defective Shifters

Volvo is recalling model year 2010-2011 C30, and model year 2010 S40 and V50 vehicles equipped with 6-speed manual transmissions. The gearshift lever stud-assembly may not have been tightened to the correct specification during assembly. If the gearshift lever cable...
Taxpayers to Subsidize EVs and Charging Stations

Taxpayers to Subsidize EVs and Charging Stations

A company called Ecotality has received another $15 million from the Department of Energy to provide free home chargers to the purchasers of Chevrolet Volt and Nissan Leaf electric vehicles, a $1,000 to $2,000 saving courtesy of U.S. workers. This new Federal grant...
Hoffa Joins UAW’s King at Good Jobs Now Rally

Hoffa Joins UAW’s King at Good Jobs Now Rally

Teamsters union General President Jim Hoffa joined newly elected United Auto Workers (UAW) President Bob King yesterday in a march down to Detroit’s banking district to “tell big banks and corporations that the assault on the middle class must end now.”...
Toyota Restarts Work on Mississippi Plant

Toyota Restarts Work on Mississippi Plant

Toyota is resuming construction of its Blue Springs, Mississippi plant that was put on hold in late in 2008 as the reckless practices of Wall Street caused the collapse of the global economy. Instead of building Prius hybrid models as previously announced, though, the...