Ford confessed in February to having taken a flawed approach to using road-load specifications to simulate how aerodynamic drag and tire friction can affect the fuel economy of its vehicles outside testing labs.
The weak showing in Exxon’s refining and chemicals units overshadowed booming crude output from wells in the Permian Basin of West Texas and New Mexico.
Performance improvements are starting to accumulate, said CFO Tim Shanks. “It’s like a rolling stone.”
Most of 3M's business segments lost sales in the first quarter, with the steepest declines in industrials, products that include structural adhesives, insulation components, electronics and energy.
A record drop in quarterly deliveries snapped the company’s two quarters-long streak of positive earnings.
Latest indictment focuses on Nissan money transfers to Ghosn.
Results hit by $1 billion in extra production cost on jetliner.
Company to lease idle American Axle facility to retrofit autos.