Japan’s stuck between its No. ally and its No. 1 trading partner. Read More
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In 1970, Milton Friedman wrote an op-ed that would embolden investors and enrage activists for decades. Its title: “The social responsibility of business is to increase its profits.” Despite insistence from many that his doctrine is dead, Friedman acolytes still count at least one powerful ally: the U.S. Labor Department. In a new rule to […]
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Profitability was strong in all areas of its business, but particularly impressed at its core light vehicles division, where a rising tide of demand lifted results already buoyed by emergency cost cutting undertaken last year. Read More