Business - Page 22

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

Samsung Halts Investment in Mexico Amid Tariff Concerns

by Jamie Spencer

Samsung Cancels Expansion Plans Over Economic Uncertainty Samsung has decided to suspend future investments in Mexico due to growing economic uncertainty fueled by President Donald Trump’s proposed tariffs, according to multiple media

March 19, 2025

PepsiCo Acquires Prebiotic Soda Brand Poppi for $2 Billion

by Jamie Spencer

PepsiCo announced Monday that it is acquiring prebiotic soda brand Poppi for nearly $2 billion, as it moves to capitalize on the growing demand for functional beverages. While overall soda consumption has

March 17, 2025

Forever 21 Files for Bankruptcy Again, Blames Shein & Temu

by Jamie Spencer

Fast-fashion retailer Forever 21 has filed for bankruptcy protection for the second time in six years, citing competition from Shein and Temu as key factors in its collapse. The company’s U.S. operations

March 17, 2025

FTC Says Amazon Trial Will Proceed as Planned

by Jamie Spencer

The U.S. Federal Trade Commission (FTC) confirmed Wednesday that it does not need to delay its September trial against Amazon (AMZN.O), reversing an earlier claim that resource shortfalls due to government cost-cutting

March 14, 2025

Dollar General Reports Mixed Q4 Results, Plans Store Closures

by Jamie Spencer

Dollar General (DG) on Thursday posted fiscal fourth-quarter revenue that slightly exceeded Wall Street estimates, though profit took a hit due to a store portfolio review. Store Closures and Strategic Shift As

March 13, 2025

Spirit Airlines Exits Bankruptcy, Eyes New Growth

by Jamie Spencer

Discount carrier Spirit Airlines (SAVEQ) has emerged from bankruptcy protection, finalizing a debt restructuring plan aimed at restoring profitability and strengthening its position in the competitive airline industry. Restructuring for a Stronger

March 13, 2025

Deutsche Bank Flags Auto Sector as Key Risk

by Jamie Spencer

Deutsche Bank warned on Thursday that the auto sector poses a growing risk to its portfolio, citing potential U.S. tariffs, economic challenges, slow EV adoption, and competition from China. Auto Sector Under

March 13, 2025

Volkswagen and Stellantis Avoid Tariffs While BMW Faces Levies

by Jamie Spencer

Automakers Volkswagen and Stellantis have confirmed that their North American-made vehicles will be exempt from U.S. President Donald Trump’s newly imposed 25% tariffs. Meanwhile, BMW has stated that it will face levies,

March 10, 2025

Walgreens Boots Alliance to Go Private in $23.7 Billion Deal

by Jamie Spencer

Walgreens Boots Alliance is set to go private in a deal worth up to $23.7 billion, marking the end of nearly a century as a publicly traded company. The move follows years

March 7, 2025

Dine Brands Revamps Applebee’s and IHOP Amid Sales Decline

by Jamie Spencer

Dine Brands, the parent company of Applebee’s, IHOP, and Fuzzy’s Taco Shop, is launching a bold initiative to modernize its restaurant chains as it faces declining sales and shifting consumer habits. Challenges

March 6, 2025

Previous 1 … 20 21 22 23 24 … 34 Next

Suggestions

Business - Page 22