Nissan Set To Cut 12,500 Jobs As Profits PlungeNissan is slashing 12,500 jobs to cut costs as profits tumble and sales continue at a weak pace.
VW To Stop Making Iconic Beetle Next SummerVolkswagen has decided to squash its iconic Beetle. The company announced that it would end global production of the bug in July of next year.
Netflix Suspends 'House Of Cards' Production Over Spacey AllegationsStreaming entertainment mogul Netflix says it's suspending production on the popular drama 'House of Cards' following harassment allegations against star Kevin Spacey.
GM Not Changing Production Plans Despite Trump TweetGeneral Motors CEO Mary Barra said that her company has no plans to change its production plans because of criticism from Donald Trump, who threatened to slap a tax on GM for importing cars from Mexico.
Exxon, Chevron Set To Boost Production Just As Prices FallThe company said it earned $6.57 billion in the quarter, the lowest since the first quarter of 2010, on revenue of $87.28 billion. Last year Exxon earned $8.35 billion on revenue of $110.86 billion.
Low Oil Prices Send Chills Through Oil PatchOil has averaged $96 a barrel over the past four years, fueling more drilling, more hiring, and bigger appetites in North Dakota, Texas, Oklahoma and elsewhere. Now oil has hit a rough patch, plunging to $80 from $107
Film Official: Incentives Keep Texas In Picture The director of the Texas Film Commission says incentives used to reimburse production companies are helping lure them to the Lone Star State.
Bloody History“Bloody, Bloody Andrew Jackson” follows the founder of the Democratic Party as he worked his way from the frontier to the White House.