GM believes it will stop losing money on electric vehicles in 2025 as higher margin vehicles arrive
General Motors is losing money on every electric vehicle it sells, but the company says it’s on track to generate mid single-digit pretax profit margins in 2025 as it produces more higher margin EVs, works out kinks in battery manufacturing and sees battery cost reductions
2023-11-30 23:19
Yellen tours North Carolina lithium plant to bolster Biden's case on US economy
By David Lawder and Howard Schneider U.S. Treasury Secretary Janet Yellen travels to North Carolina on Thursday to
2023-11-30 22:56
Activist investor Peltz seeks two seats on Disney board - CNBC
Activist investor Nelson Peltz is seeking two seats on Walt Disney's board, CNBC reported on Thursday. The media
2023-11-30 22:55
Pharmaceutical company AbbVie buying ImmunoGen in $10.1 billion deal
Pharmaceutical company AbbVie is buying ImmunoGen in a deal valued at about $10.1 billion that will speed up its entry into the commercial market for ovarian cancer
2023-11-30 22:50
SLUSH 2023: Doublepoint Technologies Unveils World’s Most Advanced Wristband Controller with Continuous Touch-Based Gesture Tracking
HELSINKI--(BUSINESS WIRE)--Nov 30, 2023--
2023-11-30 22:48
Italy, Spain stocks hit peaks after over 20% rally in 2023
By Matteo Allievi and Danilo Masoni GDANSK/MILAN Italian and Spanish stocks hit multi-year highs on Thursday following a
2023-11-30 22:47
UN atomic chief backs nuclear power at COP28 as world reckons with proliferation
The world wants more nuclear energy as a means to fight climate change and supply an ever-growing demand for electricity, part of a generational shift in thinking on atomic power
2023-11-30 22:28
Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died
British ex-Treasury chief Alistair Darling has died at age 70
2023-11-30 22:27
Traders bet Fed will hold rates steady, start cuts in May
Traders on Thursday maintained bets the Federal Reserve will hold interest rates steady for three more meetings before
2023-11-30 22:20
Anthony Fauci to Testify for House Committee Investigating Origins of Covid
Anthony Fauci will testify in Congress both privately and in public early next year, the Republican chairman of
2023-11-30 21:57
Kroger trims annual sales view on choppy grocery demand, lower prices
(Reuters) -Kroger on Thursday cut its annual sales forecast, pinched by moderating food and grocery prices at a time when
2023-11-30 21:57
A Wave of Hate Crime Unleashed by Israel-Hamas War Is Testing the World
Three college students of Palestinian descent out walking over the Thanksgiving break were shot in Vermont. A synagogue
2023-11-30 21:52