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Fiat Chrysler to build 3 new Jeeps, create 2,000 jobs in US

Fiat Chrysler to build 3 new Jeeps, create 2,000 jobs in US

DETROIT (AP) — Fiat Chrysler will add three new Jeeps to its lineup including a pickup truck as it invests $1 billion in two U.S. factories, furthering its effort to increase production of hot-selling SUVs and pickup trucks and get out of producing small and midsize cars. The expansion will create 2,000 new jobs.
The Italia ... (full story)


Explaining ROE, P/E and NPM

Dear Mr. Berko: I'm writing for our investment club and requesting your explanation of return on equity, price-earnings ratio and net profit margin. Could you please use untechnical English? We had a certified public accountant explain this to us last month, but he was too technical for us. -- HG, Charlotte, N.C.
Dear HG: This su ... (full story)


Mad River Mountain's new, larger lodge ready after 2015 fire

Mad River Mountain's new, larger lodge ready after 2015 fire

ZANESFIELD, Ohio (AP) — The snow machines billowed clouds of snow as the sun cut through the wintry haze to illuminate Mad River Mountain's new lodge. The beams of light also brought the promise of better luck this ski season.
Inside, carpenters, electricians and designers scrambled to complete work on the $7.5 million lodg ... (full story)


Gems or duds?

Dear Mr. Berko: I am 67, am divorced and inherited 172 shares of Diageo, 287 shares of Dollar Tree, 84 shares of Ruby Tuesday and 1,783 shares of AT&T. I know your opinion on AT&T. I'll keep it for the rest of my life. But I need your opinion on the other three. The certified public accountant who did my father's taxes intro ... (full story)


Trump's latest US corporate Twitter target: General Motors

Trump's latest US corporate Twitter target: General Motors

DETROIT (AP) — In another tweet targeting a U.S. company, President-elect Donald Trump is threatening to slap a tax on General Motors for importing compact cars to the U.S. from Mexico.
But GM makes the vast majority of compact Chevrolet Cruzes at a sprawling complex in Lordstown, Ohio, east of Cleveland.
Trump tweeted e ... (full story)