Daily Archives: 12/10/2018


GM Fights US Government to Retain Tax Credit for Electric Cars

General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation’s largest automaker contends with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers. Preserving the $7,500 …


Stocks Slip on China-US Tensions; Oil Resumes Slide

Stocks around the world are falling Monday morning, and U.S. indexes gave up modest early gains and turned lower, hurt by sharp drops for energy and financial companies. The British pound is dropping after the U.K. prime minister postponed a …


Japanese Economy Experiences the Worst Downturn in Four Years

Japan’s economy contracted 2.5 percent in the third quarter of this year, July-September, which marks the worst downturn in the past four years.  The revised data released Monday was more than double the initial estimate of a 1.2 percent contraction. …