Ford Lowers Profit Guidance as Labor Costs Rise $8.8 Billion
Ford Motor Co. restored financial guidance Thursday, saying profits would come in lower than earlier projections due to
2023-11-30 21:19
Musk Poised to Hand Tesla Cybertrucks Over to First Customers
After two years of delays and production snags, Tesla Inc. is finally ready to hand its Blade Runner-esque
2023-11-30 18:23
New UAW Unionizing Drive Targets 13 Carmakers Including Tesla and Toyota
The United Auto Workers union is launching simultaneous, public organizing campaigns at more than a dozen automakers including
2023-11-30 07:58
GM to Hike Dividend, Buy Back $10 Billion of Slumping Stock
General Motors Co. will boost its dividend by 33% and repurchase $10 billion of shares — its biggest-ever
2023-11-29 20:59
Apple Offers Exit Ramp to Goldman for Troubled Card Accord
Goldman Sachs Group Inc., which has been trying to jettison its struggling credit card business, now has a
2023-11-29 08:59
GM’s Struggling Cruise Robotaxi Unit Plans Scaled-Back Service
General Motors Co.’s autonomous-vehicle business, Cruise, plans to resume service gradually after a series of missteps led it
2023-11-23 06:50
How the Tesla Cybertruck’s Price and Range Will Determine Its Fate
When Tesla Inc. starts delivering Cybertrucks to customers next week, it will answer a question with major implications
2023-11-21 01:26
Cruise CEO Vogt Resigns After California License Suspended
Kyle Vogt resigned as chief executive of General Motors Co.’s autonomous driving unit, Cruise LLC, following the loss
2023-11-20 11:51
UAW’s Two Weeks Paid Parental Leave Is a Starting Point for Labor
The United Auto Workers union’s tentative agreements with Detroit’s three automakers include a new benefit: two weeks of
2023-11-17 03:22
Buffett’s Berkshire Trims HP Stake, Exits General Motors Bet
Warren Buffett’s Berkshire Hathaway Inc. reduced the number of stocks in its portfolio in the third quarter, exiting
2023-11-16 02:56
ECB Sends Stark Warning to Bank Executives With ESG Regulation
The European Central Bank wants finance executives to know they’ll be held to account for the industry’s continued
2023-11-15 17:46
Las Vegas Strike Averted as Hoteliers Round Out Labor Deals
Three Las Vegas casino companies have reached labor deals with the city’s most powerful hospitality workers union, ending
2023-11-10 23:17