The real driver of the country's economic expansion is productivity, and 2 to 3 percent growth is needed, Bill Gross says.
Trump has made Twitter his mouthpiece, and recent tweets have seen him mention Boeing, General Motors, L.L.Bean, Carrier and Ford
Industry officials said a sharp slump in the peso could offset import tariffs, leading them to consider Mexican manufacturing options, NBC News reports.
MEXICO CITY— Donald Trump's assumption of the U.S. presidency couldn't come at a worse time for Mexico. Even before his swearing-in, Trump has already hurt the country's economy by pressuring automakers to shift factories out of Mexico, threatening its most important manufacturing sector and status as a rising star in auto production. He has also threatened to...
Is the president-elect actually behind what might appear to be a hiring bonanza? Economic evidence suggests otherwise, NBC News reports.
"It might be an attempt to buy good will, but I don't blame them for trying to do that," said Tom C. Korologos, a longtime Republican strategist says, New York Times reports.
Companies eager to avoid becoming the target of a Trump Twitter attack are pre-emptively announcing US job-creation plans, NBC News reports.
The SEC says GM did not properly assess the potential impact on its financial statements of a defective ignition switch.
General Motors agrees to pay a $1 million fine to settle SEC accounting control failure charges connected to the ignition switch scandal. CNBC's Phil LeBeau reports.
DETROIT— General Motors will pay the federal government a $1 million civil penalty for violating accounting rules involving the company's deadly ignition switch scandal. The penalty, announced Wednesday as a settlement with the U.S. Securities and Exchange Commission, is for failing to have accounting controls in place to determine the potential for a...
General Motors chairman and CEO Mary Barra and Girls Who Code founder Reshma Saujani sit down with CNBC's Becky Quick at the World Economic Forum in Davos, Switzerland. They talk about their strategic partnership and why it's important for young girls to get involved in technology.
WASHINGTON— From Wal-Mart to General Motors to Amazon, a growing number of the world's largest companies appear to be trying to get in step with President-elect Donald Trump's demand that employers hire and keep jobs at home. Trump, in response, has taken to Twitter to signal his approval. "Thank you to General Motors and Walmart for starting the big jobs push back...
Around 450 jobs will be returned to the U.S. as GM transfers back production of axles from a plant in Mexico, NBC News reports.
DAVOS, Switzerland— The Latest on the World Economic Forum in Davos, Switzerland:. Speaking to The Associated Press at the World Economic Forum, Ghosn said Trump's policy was clear: "It's America first and jobs in the United States." Jose Manuel Santos told a crowd of business and political leaders Wednesday that "before you go to bed today you will probably receive...
DAVOS, Switzerland— President-elect Donald Trump's threats to firms using Mexico as a manufacturing base will be counterproductive and could eventually cost thousands of American jobs, Lawrence Summers, the former U.S. Summers noted that Trump's "rhetoric and announced policies" over Mexico have led to a big fall in the value of the Mexican peso against the...
Policies influencing growth and innovation are key issues for domestic companies like ConAgra, according to its CEO, Sean Connolly.
Chris Liddell is no stranger to transitions, in both the public and private sector.
David Einhorn told clients how he is positioning his hedge fund portfolio for the Donald Trump administration.
CNBC's John Harwood reports on General Motors' big jobs announcement, as well as where Trump's border adjustment tax plans stand.
DETROIT— General Motors plans to invest $1 billion in U.S. factories and add thousands of new white-collar jobs, measures that have been in the works for years but were announced Tuesday after criticism from President-elect Donald Trump. In all, the Detroit automaker said it will create or keep 7,000 jobs in the next few years, including about 2,000 at factories.