In 2017, General Motors, the largest U.S. automaker, with brands like Chevrolet, Cadillac, and Buick made one of its boldest moves in its history. It sold its European Opel and Vauxhall brand to the French automaker PSA, known for brands such as Peugeot and Citroen. It was the end of an era for GM, which had first ventured into Europe nearly 90 years before. GM left Europe after 20 years of losses, but why did the largest U.S. automaker leave such a big market? Did it simply fail? » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC #GM #GeneralMotors Why General Motors Left Europe
Entrepreneurs have raised more than $4 billion on the crowdfunding platform over the past decade. #Startup #CrowdFunding #Kickstarter Get social with Inc. on: Facebook: https://www.facebook.com/Inc Twitter: https://twitter.com/Inc Linkedin: https://www.linkedin.com/company/inc--magazine Instagram:...
The cost of home renovations could rise by thousands of dollars thanks to the increase in U.S. tariffs on Chinese goods. WSJ’s Jason Bellini takes a look at how consumers will be affected. Photo: Angus Mordant/Bloomberg Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street...
Companies like Apple and Walmart purchase outstanding shares of their own stock in a practice known as buybacks. Over the last year there's been an increase in politicians questioning buybacks and whom they actually benefit. In December 2017 President Donald Trump signed the GOP tax cut, which took effect the next...
Journalist Ellie Flynn goes undercover to investigate 'multi-level marketing', an online selling scheme that promises people the chance to earn big money as 'influencers' by selling products, often through social media. Watch the full episode on the BBC Three iPlayer page here:...
Beyoncé and Jay-Z are called "music's first billionaire couple," but they don't just make money through music— they are entrepreneurs. With their fortune, they buy houses, clothes, jewelry, private jets, donate to charity, and much more. MORE FORTUNE CONTENT: How Taylor Swift Makes And...
Investors concerned about the escalating trade war with China are hoping for some calm on Wall Street Tuesday. The Dow Jones Industrials plunged more than 600 points Monday, the worst in more than four months. It followed China’s decision to raise tariffs on $60 billion in U.S. goods. Ben Tracy reports. Watch...
Taylor Swift just dropped a new single and music video with Panic! at the Disco's Brendon Urie after a cryptic countdown on her website teased the release. The singer and songwriter has amassed an estimated $320 million net worth and owns at least $84 million in real estate across four states. Her...
Bernie Sanders released his tax returns - it turns out he made more than a million dollars in both 2016 and 2017. We dug through the 2020 presidential candidate's IRS filings to see how Bernie and his wife Jane make their money - mostly from book deals and the senator's salary. Watch the video to see how a...
Microsoft, Apple, and Amazon are the first three publicly traded U.S. companies to hit $1 trillion in market value. WSJ’s Dan Gallagher explains how each company reached the milestone. Photo illustration: Laura Kammermann Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall...
