The automaker posted third-quarter earnings of $2.8 billion in 2016, more than doubling its earnings during the same period last year. The company recently partnered with the ride sharing company, Lyft. GM and Lyft have plans to test a fleet of self-driving taxis on public roads next year.
After posting $2.2 billion in third-quarter earnings a year ago (the company’s best third-quarter ever), Ford came back to earth in 2016. The company saw its third-quarter earnings drop to just $1 billion. Ford will look to rebound with sales of its popular F-Series Super Duty pickup in 2017
Last year, FCA lost $421 million in the third- quarter (mostly to cover the cost of future recalls and vehicles lost in a plant explosion in China). This year, the automaker got back on track, posting a profit of $659 million in the third-quarter.
Mike and Marian Ilitch stretched pizza dough into an empire, then initiated Detroit’s comeback. But even some Little Caesars employees don’t know their story.
The city's historical ward system produced mostly corruption and inefficiencies. An at-large city council wasn't much better. Now comes a city split into seven districts. Welcome to the brave new world of Detroit.
The Affordable Care Act will significantly impact corporate profits, productivity, operations, and hours worked by employees. Can your company survive?
A $500-million resort planned for the shorelines of Trenton and Gibraltar, and a neighboring island, was well on its way to being approved until U.S. Rep. John Dingell, key federal regulators, environmental groups, and others used their influence to help drive the development team into bankruptcy.