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    44 ways to judge the Obama era

    WASHINGTON, D.C. — President Barack Obama, the 44th commander in chief of the United States, caps off eight years in office on January 20. Those eight years saw the nation grapple with the worst economic disaster since the Great Depression. The country’s response to that crisis helped reshape the economy and the makeup of the political system a few times over. And for every day of those eight years, the nation was at war — on multiple fronts, against multiple […]

  • General Motors company logo.

    GM to invest $1 billion in U.S. plants, add or keep 7,000 jobs

    NEW YORK — Under attack from President-elect Donald Trump for its investment in Mexican plants, General Motors announced plans Tuesday to invest at least $1 billion in U.S. factories and committed to creating or retaining about 7,000 U.S. jobs in the coming years. The company will move 450 jobs from GM supplier plants in Mexico back to the U.S., and will keep another 1,500 factory jobs in the U.S. that were at risk of moving to Mexico. In addition, GM […]

  • 2013 Geneva Auto Show

    Despite Trump’s latest threat, BMW won’t budge on Mexican plant

    NEW YORK — BMW won’t give into Donald Trump. For the second time in the span of just one week, the automaker has made it clear: It’s building a plant in Mexico, regardless of what Donald Trump thinks. In an interview with German news magazine Bild published this weekend, Trump said that BMW should reconsider plans to build a $1 billion plant in San Luis Potosí, Mexico. The automaker plans to begin building the BMW 3 Series sedan there in […]

  • GM CEO Mary Barra Holds Press Conference On Ignition Switch Recall

    GM CEO: Won’t change production plans despite Trump tweet

    DETROIT (AP) — General Motors CEO Mary Barra says her company has no plans to change its production plans because of criticism from President-elect Donald Trump. Barra says at an event before the Detroit auto show Sunday that capital decisions in the auto business are made two-to-four years in advance. Last week Trump threatened on Twitter to slap a tax on GM for importing the compact Chevrolet Cruze to the U.S. from Mexico. GM only imports a small number of […]

  • File photo/CNN

    Toyota is latest Trump target over Mexico production plans

    DETROIT — President-elect Donald Trump has trained his sights on Toyota in his latest effort to badger a company into building its products in the U.S. rather than Mexico. Trump tweeted Thursday that the Japanese automaker plans to build a factory in Baja, Mexico, to build the compact Corolla. He warned the company to build the plant in the U.S. or pay a big border tax. The threat is similar to those targeted at Ford Motor Co. and General Motors Co. […]

  • GM CEO Mary Barra Holds Press Conference On Ignition Switch Recall

    Trump threatens GM: Make Cruze in U.S. or ‘pay big border tax’

    NEW YORK — President-elect Donald Trump sent a threat Tuesday to General Motors: Make the Chevrolet Cruze in the United States or face a heavy tax. “General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border,” Trump tweeted. “Make in U.S.A.or pay big border tax!” GM, in a statement, stressed that it makes the sedan version of the Cruze at its plant in Lordstown, Ohio. It makes the Cruze hatchback, mostly meant for […]

  • US-POLITICS-TRUMP

    Here is Donald Trump’s Supreme Court shortlist

    Judicial conservatives are buzzing about a new Supreme Court justice who could cement a conservative majority on the bench for decades. President-elect Donald Trump has given a firm commitment to Republicans that he will stick to a list of 21 potential conservative nominees released during the campaign. It is a list that dazzles conservatives and includes everyone from a tweeting justice who sits on the Texas Supreme Court to an appellate judge in Alabama who has called Roe v. Wade […]

  • Jobs Report

    Merry Christmas: You’re fired!

    NEW YORK — The Grinch stole Christmas this year for thousands of Americans who were given pink slips before the holidays. Boeing: Layoffs are nothing new for Boeing in 2016 — the company has already fired thousands as demand for jumbo jets slumps. But Boeing told employees Monday it will continue to cut jobs at its commercial airplane unit in 2017, citing fierce competition with rival Airbus and a drop in new orders. Airbus also told its labor unions in […]

  • General Motors company logo.

    GM announces 2,000 layoffs in Michigan, Ohio; first in six years

    NEW YORK (CNNMoney) — General Motors is cutting 2,000 factory jobs in Michigan and Ohio — its first round of layoffs since 2010. The company said it will cut the third shift of production at the Lordstown, Ohio plant, which makes the compact Chevrolet Cruze. It’s also cutting jobs at the Lansing, Mich., Grand River plant where it makes the Chevy Camaro and the Cadillac ATS and CTS. GM said the job losses will hit 1,200 factory workers in Ohio […]

  • After well over a century in the car business, Mercedes-Benz is just getting around to making its first luxury pickup truck. A concept version was revealed Monday.

    Mercedes-Benz unveils first pickup truck

    NEW YORK — After well over a century in the car business, Mercedes-Benz is just getting around to making its first luxury pickup truck. A concept version was revealed Monday. Plans for the truck were first announced in March, 2015, but this is the first look we’ve had at the design. It’s expected to go on sale late next year in parts of Europe, Africa, South America and Australia. But it won’t be available in the United States, even though […]