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GM To Invest $7.3B In S. Korea Unit Over Five Years

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  • Description

    FBN's Diane Macedo breaks down afternoon market news.

  • Duration 0:55
  • Date

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Hi everyone I'm Diana -- whether Fox Business -- General Motors is planning to invest more than seven billion dollars in its South Korean unit.

Over the next five years expanding its -- Asia's fourth largest economy.

The money will be used to develop new vehicles and -- dealerships and improve production and design facilities.

Casual -- is getting a make over the retail the retail have formally changing its name come Monday to destination XL group shifting focus toward its more profitable retail.

And online branding casual male has already changed -- ticker symbol CD XLG and and discovered CEO David -- up more than 28%.

Drop in his paycheck last year.

Due to lower stock awards according to discover that -- will proxy filed with the SEC -- has received nearly ten million dollars in compensation down from the nearly fourteen million.

He received the year before.

And that's the latest from the Fox Business Network giving you the power to prosper.

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