DETROIT - General Motors Co on Thursday posted a higher-than-expected profit for the third quarter on strong demand in its home North American market and in China.
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LONDON/BEIJING - Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster but there were worrying signs that the upturn could be short-lived.
TOKYO - Honda Motor Co said on Thursday its president and 12 other executives would take an unprecedented, quality-related pay cut after the Japanese automaker announced the fifth recall in a year of its new Fit hybrid model.
Consumer prices edged higher in September, up 1.7 percent year-over-year, according to data released today by the Bureau of Labor Statistics.