President Obama's week-long trip to Africa will take him to Senegal, South Africa and Tanzania. Obama's visit is aimed, in part, at increasing U.S. trade and investment in Africa.
U.S. auto sales are expected to show strong growth in May as Americans snap up new cars and switch to more fuel efficient models. It's great for the car companies, but the deals aren't as sweet for consumers.
The 'big three' automakers — Chrysler, GM, and Ford — are reporting sharp gains in sales for the month of March. Chrysler says the latest month was their best since 2007.
General Motors and AT&T have announced that so-called 'LTE' wireless connections will come as an option in many Chevys, Buicks, Cadillacs, and GMC's next year.
Under its bailout terms, GM was banned from owning corporate jets. Now that U.S. government has announced its selling its remaining GM shares, that ban will be lifted.
Car country played a big role in President Obama's re-election last night. Michigan and Ohio both benefited from the auto industry bailout and both went for the President last night.