DETROIT (AP) - General Motors said Thursday that its second-quarter profit fell 41 percent as losses in Europe and South America cut into strong North American earnings.
The company earned $1.5 billion from April through June, $1 billion less than its $2.5 billion net income a year earlier.
GM earned 90 cents per share compared with $1.54 a year earlier. Revenue fell 5 percent to $37.6 billion.
The company beat Wall Street expectations. Analysts polled by FactSet expected earnings of 75 cents per share.
GM lost $361 million before taxes in Europe, compared with a $102 million profit a year earlier. Even North America showed a little weakness. Pretax profits fell nearly 13 percent to about $2 billion.
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After almost 80 years, a piece of naval history is on its way home. A model of the Japanese luxury liner Hikawa Maru is being packed up in Manitowoc and returned to Japan.
Visitors to Green Bay's Neville Public Museum will soon see hours slashed. The county-owned attraction is cutting access starting the first of the year.
An 11-foot-long model of the Japanese passenger liner Hikawa Maru is being sent back to Japan after 34 years at the Wisconsin Maritime Museum in Manitowoc.
Area volunteers are making a difference in the community this holiday season. At this time of the year, many people are looking for ways to help their neighbors. The Salvation Army is one of the many places where you can do just that.
For the second year in a row, St. Norbert College could house overflow of homeless people from the St. John the Evangelist shelter in Green Bay.
A memorial fund has been created for a Grand Chute firefighter killed in a weekend car crash.