Mary Barra News
GM 2Q net earnings fall on loss from sale of European unit
General Motors' second-quarter net profit fell more than 40 percent as the carmaker lost money on the pending sale of its European unit
Rebecca Jarvis is the ABC News Chief Business, Technology & Economics Correspondent; the Host and Managing Editor of the podcast “No Limits with Rebecca Jarvis”; and the Host and Managing Editor of “Real Biz with Rebecca Jarvis”. Jarvis reports for all ABC News programs and platforms including
General Motors Jobs Touted by Trump Were in Works for Years
President-elect Donald Trump took to Twitter this morning to once again take credit for General Motors ' decision to add or keep thousands of American jobs, saying the jobs "came back because of me!" Trump went a step further by calling an NBC News report on the automotive giant's decision "fake
Trump Takes Credit for General Motors' Announcement to Invest a Billion Dollars in US Factories
General Motors says the plans have been in the works for years, while Trump's transition approval remains low.
Donald Trump Announces Advisory Committee of Big-Name CEOs
Donald Trump has enlisted a number of top business leaders for an advisory committee in order to help "bring back jobs and Make America Great Again," according to a statement from his transition team. The group, called the President's Strategic and Policy Forum, will be headed up by Blackstone
Hillary Clinton Campaign Sorted Potential VP Picks Into 'Food Groups' by Race and Gender, Email Shows
Clinton campaign officials grouped potential vice presidential running mates by race and gender, according to a recently leaked email, further suggesting the degree to which their run for the White House appeared to be scripted. Campaign chairman John Podesta -- whose hacked emails have been
GM to Pay $900M to Settle Criminal Probe Over Defective Ignition Switches
General Motors has agreed to a $900 million settlement and agreed to admit to misleading the public about vehicle safety amid defective ignition switches, according to court documents. The criminal charges were wire fraud and scheming to conceal information, according to court documents. The
What It's Like to Be Rich at the Annual Davos World Economic Forum
It's nothing but the best for the world's elite political and financial leaders who are eating, drinking and sleeping in Davos , Switzerland , this week. About 2,500 people will attend the annual World Economic Forum , where hot topics will invariably include wealth, inequality and the price of oil
GM Implores Lackadaisical Consumers to Heed Big Recall
Morning Money Memo: Eight months after General Motors began recalling more than 2 million cars because of a deadly ignition-switch defect, less than half the owners have gotten their vehicles fixed. The parts are available, but many drivers may not know how serious this is....
Here's What to Expect From Apple (AAPL) Announcement
Morning Money Memo: Apple’s big event Tuesday comes at a crucial time for the world’s most successful and highly valued computer company. A new iPhone 6 is expected to be announced along with a larger phone to compete with the popular big-screen Samsung Galaxy. Both...