Starlink Becomes SpaceX’s Profit Engine
The Growth Story Behind The IPO SpaceX is best known for reusable rockets and its high-profile push into artificial intelligence through its merger with xAI. But as Elon Musk’s company prepares investors
Schlitz Beer Retired After 177 Years
A Milwaukee Icon Reaches Its End Schlitz beer, one of Milwaukee’s most historic brands and once the largest brewer in America, is being retired after 177 years. Pabst Brewing Company, which owns
Meta Layoffs Deepen AI Workforce Anxiety
A Different Tone From Zuckerberg Meta is preparing another major round of job cuts, but the message from the top is different from the one employees heard during the company’s first post-pandemic
Stellantis CEO focuses on execution and U.S. market recovery
Stellantis CEO Antonio Filosa is pushing ahead with a sales turnaround plan for the automaker, with a particular focus on restoring U.S. market share for its Jeep and Ram brands after years
JPMorgan takes over Apple Card from Goldman Sachs
Deal reshapes Apple Card’s banking partnership JPMorgan Chase has reached an agreement to assume control of the Apple credit card portfolio, taking over from Goldman Sachs, the original issuer of the product.
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
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.
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
Nvidia CEO to outline strategy amid rising AI competition
Keynote set for CES in Las Vegas Nvidia chief executive Jensen Huang is scheduled to deliver a keynote address on Monday at the Consumer Electronics Show in Las Vegas, where he is
Berkshire Hathaway enters new era under Greg Abel
Shares dip as Buffett formally steps aside Berkshire Hathaway shares fell on Friday as investors absorbed the formal end of Warren Buffett’s six decade tenure as chief executive and the beginning of
BYD overtakes Tesla as top global EV seller
Tesla sales fall for second consecutive year China’s BYD has overtaken Tesla as the world’s largest seller of electric vehicles, marking the first time it has surpassed its US rival in annual
Boeing Seeks FAA Waiver to Sell More 777F Freighters
Request tied to demand and certification delays :contentReference[oaicite:0]{index=0} has asked the :contentReference[oaicite:1]{index=1} for a waiver from upcoming aircraft emissions rules in order to sell an additional 35 Boeing 777F freighters. The request
BP Names Meg O’Neill CEO, Signals Strategic Reset
Leadership change at a critical moment BP has appointed Meg O’Neill, currently chief executive of Woodside Energy, as its next CEO, marking another leadership shift as the British oil major continues to