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FBN’s Sandra Smith on General Motors’ plans to open a fourth technology center in the U.S. and hire 1,000 workers to support it.
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Good afternoon I'm Sandra Smith with your Fox Business -- it is a mixed day down on Wall Street with the blue chips on track to close at a record high for a second straight day.
The Dow Jones Industrial Average of 41 points the NASDAQ those tech stocks however in the red down four.
Oil prices could -- it as much as 270.
Dollars a barrel by 20/20 that's according to OECD.
As demand growth in emerging markets like India and China outpace expected supply.
The organization says -- expected climb in oil prices will likely be a volatile and for sudden changes in supply and demand having large have a fax in the short term.
And General Motors revving up its work force the automaker is planning to opening for technology center in the US.
We'll hire a thousand workers to help support its in house IT resources.
GM is undergoing a large scale restructuring of its operations and systems an effort to become more productive.
