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Meeting higher MPG standard likely to bring higher profits for all automakers, nearly $2.5 billion in extra profits for Detroit Three
Apr 04, 2012
Automakers will likely make billions more dollars in profits - under proposed new national gas mileage and emissions standards that will be finalized later this summer. A new report - produced by Citi Investment Research and Analysis in collaboration with Ceres - shows that American automakers will likely enjoy the biggest percentage increase in profits.
Buffett Says Shortcuts on Environment Can Risk Profits
Apr 03, 2012
Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said companies won’t last if they fail to consider the impact of their businesses on the environment. “Taking shortcuts is not the pathway to achieving sustainable competitive advantage, nor is it an avenue toward satisfying customers,” Buffett, 81, said.