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GM Cheers China, Adidas Scores & Wal-Mart Throws Bentonville Bash

Gregg Greenberg
7/10/14 8:00 PM EDT
General Motors said Monday it sold 258K vehicles in China in June, up 9.1% from last year. GM's China president said the automaker plans to invest $12 billion in China between 2014 and 2017 and build five more plants to ramp up its manufacturing capacity. Meanwhile, Wal-Mart opened its world headquarters to more than 500 manufacturers Tuesday during the company⿿s first-ever ⿿Made in the USA⿝ open call. The nation⿿s largest retailer says it will spend an additional $250 billion on products supporting domestic manufacturing and American jobs over the next 10 years. Finally, both Germany and Argentina will be wearing Adidas when they meet on Sunday to decide soccer⿿s championship game, making the athletic apparel maker a big winner even before the first shot.
Stock quotes in this video: GM, WMT, NKE, ADDYY