General Motors Co. eked out a small operating profit in the fourth quarter despite a crippling strike, and forecasted steady income this year even as it girds for a slowdown in U.S. and China. The company said Wednesday its operating profit in the October-to-December period plunged 96% to $105 million, reflecting lost production in October as workers continued to picket its U.S. plants after the company and union failed to reach a new labor contract in September.

Source: Wall Street Journal February 05, 2020 13:15 UTC