In the automotive world, some names provoke an immediate reaction. One is Malcolm Bricklin, who helped bring the Subaru to the United States in the 1960s. Now he wants to bring Chinese cars to the U.S. market.
The automaker confirms it will invest more in Mexico. A formal announcement follows the apparent leak of an internal coporate document to Detroit-area newspapers. The memo detailed a multi-year investment strategy.
It is about to get more expensive for many graduates to pay off college loans. Effective July 1, interest rates on two main financial aid programs, Stafford and Plus loans, will be rising. Those still in school, or who haven't yet begun paying back their loans, still have a time to lock in a lower interest rate.