GM adds third shift at Wentzville plant for Colorado Canyon demand
General Motors plans a third shift and 750 new jobs at its Wentzville Missouri assembly plant as dealers place orders near 30 000 for the Chevrolet Colorado and GMC Canyon. The move stacks with 1 315 previously created positions and 2 600 current workers. The expansion aims to boost U S plant jobs by about 27 000 and total spending around 11 2 billion.
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General Motors
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U.S
End of the federal tobacco price era opens to market forces
Fourth generation farmer Chris Haskins works in Chatham as subsidies end and last buyout checks totaling about 916.5 million go to roughly 425,000 tobacco farmers. The US crop remains worth about 1.5 billion with production steady, while many growers exit the industry.
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America
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Alibaba IPO Risks Outweigh Investor Appetite
U S investors chase a stake in Alibaba as it plans a record IPO amid a history of weak Chinese stock performance. Studies show Chinese shares lag U S and global markets over years despite Alibaba's strong revenue growth and 188 million monthly mobile visitors.
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Washington
Alibaba
China
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Jay Ritter
University of Florida
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Nicholas Lardy
Peterson Institute For International Economics
Elroy Dimson
London Business School
Guoping Li
Beijing
Central University of Finance and Economics
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