Anyone still thinking that the U.S. has lost its manufacturing chops hasn't been to the Greenville/Spartanburg corridor in South Carolina. John Bussey has details on The News Hub. Photo: AP.
General Motors and its main Chinese partner, Shanghai Automotive Industry, agreed to restructure their joint venture to give GM equal say in key decisions. Gary McWilliams has details on The News Hub. Photo: Bloomberg.
India's SpiceJet, the Mumbai-listed low budget carrier which began operations in 2005, has had talks with Middle East and other foreign airlines about purchasing a stake in the low-cost carrier, according to its chief executive Neil Mills.
Air India plans to raise in the next few months a short-term loan of about $500 million to purchase four Boeing 787 Dreamliner planes, a senior executive said, as the national carrier steps up pace to expand its international operations.
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Starting this quarter, companies reporting their financials must give prominence to a measure that may look new to many investors, though it has been buried deep in regulatory filings for years.
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