Ford Lowers Profit Guidance as Labor Costs Rise $8.8 Billion
Ford Motor Co. restored financial guidance Thursday, saying profits would come in lower than earlier projections due to
2023-11-30 21:23
Musk Poised to Hand Tesla Cybertrucks Over to First Customers
After two years of delays and production snags, Tesla Inc. is finally ready to hand its Blade Runner-esque
2023-11-30 18:28
Musk Says He Cannot See Himself Voting for Biden in 2024
Elon Musk said he cannot envision himself voting for President Joe Biden in the 2024 election. “I think
2023-11-30 09:21
GM to Hike Dividend, Buy Back $10 Billion of Stock to Stem Slump
General Motors Co. will boost its dividend by 33% and implement a $10 billion share buyback program in
2023-11-29 19:51
Apple Offers Exit Ramp to Goldman for Troubled Card Accord
Goldman Sachs Group Inc., which has been trying to jettison its struggling credit card business, now has a
2023-11-29 08:45
Cruise CEO Vogt Resigns After California License Suspended
Kyle Vogt resigned as chief executive of General Motors Co.’s autonomous driving unit, Cruise LLC, following the loss
2023-11-20 11:48
Buffett’s Berkshire Trims HP Stake, Exits General Motors Bet
Warren Buffett’s Berkshire Hathaway Inc. reduced the number of stocks in its portfolio in the third quarter, exiting
2023-11-16 02:48
ECB Sends Stark Warning to Bank Executives With ESG Regulation
The European Central Bank wants finance executives to know they’ll be held to account for the industry’s continued
2023-11-15 17:47
Wall Street Is Talking About Unions More Than Ever
Labor is having a moment, and Wall Street has taken note. S&P 500 executives and analysts talked about
2023-11-11 03:59
Las Vegas Strike Averted as Hoteliers Round Out Labor Deals
Three Las Vegas casino companies have reached labor deals with the city’s most powerful hospitality workers union, ending
2023-11-10 23:27
World’s Biggest Bank Forced to Trade Via USB Stick After Hack
On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a
2023-11-10 11:28
Booming Profits Bolster Japan Automakers’ Cautious Shift to EVs
Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all raised their operating profit forecasts for the
2023-11-10 08:47