2014-04-09 06:44:00 by Metro Networks, Inc.
Stocks rose yesterday for the first time in four days as the S&P 500 is, barely, back into positive territory for the year. Alcoa officially kicked off earnings season last night posting a bigger than expected profit as global aluminum demand grew by 7% last year. (Associated Press)
In a sign the American manufacturing renaissance continues, BWM will soon make a decision where to put their second North American factory to build their 3-series sedan and the US is still in the running. This comes as they are investing $1 billion to expand their current South Carolina factory. (Bloomberg)
Ford, the only domestic auto manufacturer not to be bailed out with your tax dollars, says sales in China grew 28% over the last year. Ford sold 271,321 cars during the first quarter in the country up 45% from last year. The Ford Focus is the best-selling car in China. (Reuters)
Under the category hard work pays off. Affluent Americans expect to delay retirement to age 68 according to a new report. The average age when people stop working overall is 60 years. (Investor Retirement Income Trends)