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Ford's $28 billion cash pile doesn't buy love on Wall Street

Ford may be both flush with cash and struggling with its stock price, but new CEO Jim Hackett is in no rush to buy Wall Street's love. The carmaker's $28 billion cash pile isn't “burning a hole in our pocket,” Hackett said earlier this month.

GM, in battle over stock split, outmaneuvered hedge fund, Einhorn concedes

Hedge fund manager David Einhorn said he bungled his campaign to get GM to split its stock and conceded he was outmaneuvered by the auto giant.

UPDATED: 10/19/17 10:21 am ET - adds details

Toyota, Honda, Mazda say hoods containing Kobe aluminum are safe

Toyota, Honda and Mazda said hoods and other parts with aluminum supplied by Kobe Steel are safe, allaying some concerns that Kobe's falsified quality data had compromised safety.

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