Today, General Automotive Company, a North American provider of aftermarket parts and advanced technology for the automotive industry, announced its financial results for the first quarter ended March 31, 2009.

Puda Coal Inc., a Chinese provider of coking coal, primarily used in the manufacture of steel products, has recently received provincial approval to consolidate and maximize manufacturing capabilities.

According to Federal Reserve Chairman Ben Bernanke, the national economy should start growing again later this year, but warned that economic activity is expected to be slow to gain momentum. Since December 2007, the start of the economic recession, more than 5.1 million jobs have been lost and Bernanke notes that the unemployment rate could remain high in the short term.