AFP Persistent worries about the global economy and the possibility of Brexit — Britain’s pullout from the European Union — will probably keep the Federal Reserve on hold this week as it reviews interest rates. The policy-setting Federal Open Market Committee will also be buying time to be sure the US economy picks up from a modest first-quarter slowdown ...

  AFP General Motors reported soaring first-quarter earnings, easily topping expectations as it broke even in Europe and scored more banner results in North America. Earnings came in at $2.0 billion, compared with $0.9 billion in the year-ago period. Revenues were up 4.5 percent to $37.3 billion. GM boasted record pre-tax profits in North America of $2.3 billion. Auto deliveries ...

  Bloomberg Regulators around the world are getting tougher on automakers after a series of cheating scandals on fuel economy and emissions, with China set to become the strictest, according to Ford Motor Co. Chief Executive Officer Mark Fields. “The regulatory environment around the world is becoming more and more strict, particularly on things like greenhouse gases and fuel economy,” ...