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Wednesday, October 28, 2020
Transportation GM starts up a profit

GM starts up a profit

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Exxon’s oil slick

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Folk music’s Mark Twain: 7 Essential tracks from John Prine,

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Tarrant County records another COVID-19 death

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Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

General Motors made money last year despite a 40-day strike by factory workers and slumping sales in the U.S. and China. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. Excluding one-time items, GM made 5 cents per share, soundly beating Wall Street estimates. Revenue for the quarter was $30.8 billion, down

almost 20% from a year ago. GM said the strike, which ran from Sept. 16 through Oct. 25, cost the company sales of 191,000 vehicles and cut quarterly pretax earnings by $1.39 per share. For the full year, the strike cost GM $1.89 per share, the company said. The bitter strike paralyzed GM’s U.S. factories and cut production in Mexico and Canada before it was settled.

Latest News

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American, Southwest, Alaska add to airline loss parade in 3Q

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Tesla posts net profit for fifth straight quarter

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American plans flights with Boeing 737 Max by year-end

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GM expected to announce electric vehicle for Tennessee plant

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