Bottom Lines Are Looking Up

The long dry spell for U.S. business appears to be coming to an end. A number of major companies last week reported healthy increases in profits for the first quarter compared with results for the same period last year. A star performer was General Motors, which earned $653 million as sales rose 14% from a year ago. Chrysler also did well, earning $172 million, an increase of 15% on sales of $3.1 billion from January through March. It was Chrysler's largest quarterly profit ever. Overall, though, the earnings picture in the first quarter...

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