GM Cuts IT Jobs As AI Reshapes Workforce
Layoffs Hit Technology Teams General Motors laid off about 500 to 600 employees on Monday, largely affecting information technology roles in Austin, Texas, and Warren, Michigan. The cuts come as the Detroit
Disney Rises As New CEO Outlines Strategy
D’Amaro Sets A Clear Direction Walt Disney shares rose nearly 8% in early trading after new chief executive Josh D’Amaro outlined his strategy for the entertainment group. Speaking on his first earnings
Spirit Shutdown Empties LaGuardia Terminal
A Sudden Collapse Hits Terminal A The abrupt shutdown of Spirit Airlines has left LaGuardia Airport’s Marine Air Terminal nearly deserted, turning one of New York’s most historic aviation spaces into a
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
Southwest explores launching its own lounge network
A push to capture premium travelers Southwest Airlines is weighing a major shift in its customer experience strategy: building a network of airport lounges. CEO Bob Jordan said in an interview that
Eli Lilly plans $6 billion plant in Alabama
New facility expands U.S. manufacturing footprint Eli Lilly announced Tuesday that it will invest $6 billion in a new manufacturing complex in Huntsville, Alabama, aimed at significantly increasing production of its experimental
Netflix to acquire Warner Bros Discovery for $72 billion
Streaming giant makes bold move into Hollywood’s studio elite Netflix has agreed to buy Warner Bros Discovery for $72 billion, gaining control of some of Hollywood’s most iconic film and TV franchises.
BMO lifts dividend as U.S. banking overhaul shows progress
Improved credit performance drives stronger earnings BMO Financial Group reported $2.3 billion in fourth quarter profit and announced a higher dividend as improvements in its U.S. loan portfolio helped reduce provisions for