The Traderszone Network

9 November, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: GM ordered new switches long before recall

The Wall Street Journal: GM ordered new switches long before recall

General Motors ordered a half-million replacement ignition switches to fix Chevrolet Cobalts and other small cars almost two months before it alerted federal safety regulators to the problem, The Wall Street Journal reports.
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9 November, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: China’s president says economic risks ‘not that scary’

The Wall Street Journal: China’s president says economic risks ‘not that scary’

China’s economic risks are manageable, President Xi Jinping says, pledging to help boost growth and improve infrastructure, trade and transport links across the Asia-Pacific region.
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9 November, 2014 by The TZ Newswire Staff Comments Off on Veterans are more likely to be home owners

Veterans are more likely to be home owners

Here’s why veterans are more likely than the rest of the civilian population to own a home.
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9 November, 2014 by The TZ Newswire Staff Comments Off on Card issuers go easy on late payments: Survey

Card issuers go easy on late payments: Survey

Punitive rates on late credit card bills are getting less stiff, according to a new survey.

9 November, 2014 by The TZ Newswire Staff Comments Off on China’s stock markets change forever next week

China’s stock markets change forever next week

China is launching its game-changing “Shanghai-Hong Kong Stock Connect” program next week, and for the first time ever, retail investors around the world will be able to invest in mainland Chinese equities.
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9 November, 2014 by The TZ Newswire Staff Comments Off on Wal-Mart: Online rivals can’t sway Chinese moms

Wal-Mart: Online rivals can’t sway Chinese moms

Wal-Mart doesn’t expect its growth in China will be hampered by rivals’ push into the mainland market via e-commerce.

9 November, 2014 by The TZ Newswire Staff Comments Off on GM ordered new switches months before recall: WSJ

GM ordered new switches months before recall: WSJ

General Motors Co (GM.N) ordered half a million replacement ignition switches almost two months before it alerted federal safety regulators of the issues that prompted a recall of millions of vehicles, the Wall Street Journal reported, citing email exchanges between the automaker and its supplier Delphi Automotive Plc (DLPH.N). The email exchanges, which took place in mid-December 2013 between a GM contract worker and Delphi, indicate GM placed an “urgent” order for 500,000 replacement switches on Dec. 18, a day after a meeting of senior executives, the newspaper said.

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