Business - Page 19

The latest updates and key developments from the business world.

January 9, 2026

GM to book $7.1bn EV and China restructuring charges

Fourth-quarter writedowns tied to EV strategy reset General Motors said Thursday it will record $7.1 billion in special charges for the fourth quarter of last year, reflecting a pullback in its electric

January 6, 2026

Ford boosts U.S. sales on hybrids and affordable models

Annual growth offsets slowdown in electric vehicles Ford reported higher vehicle sales in the United States in 2025, supported by strong consumer demand for its hybrid lineup and more affordable pickup trucks.

January 5, 2026

Toyota US sales rise 8% in 2025 on electrified demand

Strong full-year performance across Toyota and Lexus Toyota Motor North America reported US vehicle sales of 2,518,071 units in 2025, an increase of 8.0% compared with 2024. On a daily selling rate

Google Found Guilty of Illegal Monopoly in Ad Tech Market

by Jamie Spencer

In a landmark ruling, U.S. District Judge Leonie Brinkema declared that Google had illegally monopolized two major markets in the online advertising technology space. This decision, made on Thursday, adds to the

April 17, 2025

UnitedHealth Stock Tumbles After Slashing Profit Outlook

by Jamie Spencer

UnitedHealth Group’s stock plunged by 20% on Thursday, sending shockwaves through the healthcare industry. The company, a key player in the insurance sector, revised its annual profit forecast downwards, citing unexpectedly high

April 17, 2025

j&j-stock-drops-despite-earnings-beat-and-guidance-hike

Johnson & Johnson Stock Dips Despite Earnings Beat and Guidance Hike

by Jamie Spencer

J&J’s Earnings Exceed Expectations Johnson & Johnson (JNJ) saw its stock fall on Tuesday, despite surpassing Wall Street’s first-quarter earnings expectations and raising its sales guidance for the year. Shares closed at

April 16, 2025

American Airlines to Offer Free Wi-Fi Starting in 2026

by Jamie Spencer

Free Wi-Fi for American Airlines Passengers in 2026 American Airlines has announced it will offer free Wi-Fi on most of its flights starting in January 2026. The service will be available to

April 16, 2025

LVMH Faces Setback Amid Declining Sales, Overtaken by Hermès

by Jamie Spencer

First-Quarter Sales Drop and Market Impact LVMH shares plunged 7.8% on Tuesday, losing its position as the world’s largest luxury firm to rival Hermès. The sharp drop followed a 3% year-on-year fall

April 15, 2025

Ireland Investigates X Over AI Training Using Personal Data

by Jamie Spencer

Data Privacy Commission Launches Inquiry Ireland’s Data Protection Commission (DPC) has announced an investigation into X, the social media platform owned by Elon Musk, over its alleged use of personal data from

April 11, 2025

Amazon Warns Prices Could Rise Due to China Tariffs

by Jamie Spencer

CEO Andy Jassy Says Tariff Costs Likely Passed to Consumers Amazon shoppers may soon see higher prices as a result of the U.S.–China tariff war. During an interview on CNBC’s “Squawk Box,”

April 10, 2025

Delta Air Lines Halts Expansion Amid Trade Concerns

by Jamie Spencer

Delta Adjusts Financial Outlook Due to Trade Policy Impact Delta Air Lines will not expand its flying capacity in the second half of the year due to disappointing bookings attributed to President

April 9, 2025

shopify-ceo-tobi-lütke-pushes-for-ai-driven-workforce-efficiency

Shopify CEO Lütke Pushes AI for Workforce Efficiency

by Jamie Spencer

Shopify’s Bold AI Policy Shifts Workforce Dynamics In a recent memo to employees, Shopify CEO Tobi Lütke introduced a bold policy that could redefine the company’s approach to workforce expansion. Lütke stated

April 7, 2025

Pharmaceutical Sector Faces Uncertainty Over Tariff Plans

by Jamie Spencer

Pharmaceutical Companies Brace for Uncertainty Over Tariffs Pharmaceutical companies recently exhaled in relief when President Donald Trump announced that they would not face immediate reciprocal tariffs. However, the pause in tariff actions

April 3, 2025

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