A sense of caution prevailed in the stock market as traders parsed mixed earnings ahead of Amazon.com Inc.’s results and jobs data. Bonds pared losses as Treasury Secretary Scott Bessent reiterated ...
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AutoGuide on MSNFord Projects Losing $15 Billion Over Three Years Building EVsFord is projecting its electric car business will lose another $5.5 billion dollars this year. That figure matches last ...
Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose ...
President Donald Trump agreed to a 30-day pause on 25% tariffs on Canada and Mexico on Monday, while a 10% tariff on China kicked in on Tuesday. The tariffs could inject chaos into auto supply chains, ...
The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it ...
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
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Musk is taking “the same Twitter playbook now with the federal government,” according to the lawyer representing thousands of ...
Two senators are giving Ford CEO Jim Farley one week to explain why the automaker ended a 40-year contract with car hauler ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
A restructuring plan is underway to kick-start sales after the conglomerate reported a 6 per cent sales dip in Q2.
Estee Lauder said it’s expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as ...
South Africa’s economy is deeply intertwined with the US through trade, investment, and aid. With US-South Africa tensions ...
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