GM postpones expanding production of electric trucks
General Motors is putting off adding a second factory for production of its electric pickups until late 2025, the automaker announced Tuesday.
2023-10-18 05:56
Hedge Fund Sculptor Sued by Billionaire Founder Over Rithm Deal
Dan Och and a group of former executives of Sculptor Capital Management Inc. sued the hedge fund and
2023-10-18 05:46
Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt
A joint venture tied to a Pacific Investment Management Co. fund surrendered a portfolio of 20 hotels with
2023-10-18 05:20
A busy summer pushes United Airlines to a $1.14 billion profit, but fuel cost will hurt 4Q results
The summer travel season was very good for U.S. airlines, but rising fuel prices are setting up a turbulent fourth quarter
2023-10-18 05:17
Laurentian Bank Slides on Analyst Downgrade Over Credit Risks
Laurentian Bank of Canada’s mounting troubles have put its credit rating at risk, according to the latest analyst
2023-10-18 05:16
Australian LNG Unions Call Off Strikes After Deal With Chevron
Labor unions halted plans to strike at Chevron Corp.’s liquefied natural gas facilities in Australia, ending a dispute
2023-10-18 04:50
Biden Plans to Ask Congress for $100 Billion in Ukraine, Israel Aid
President Joe Biden is considering a supplemental request of approximately $100 billion that would include defense assistance for
2023-10-18 04:47
Wall Street in ‘Wait and See’ Mode as Middle East Crisis Goes On
Even as the conflict in the Middle East threatens to escalate, Wall Street traders remain squarely focused on
2023-10-18 04:21
BofA Says Funds Boost Energy Stock Holdings to Most Since March
Investors keep plowing into oil and gas stocks, brushing off warnings from some on Wall Street that the
2023-10-18 04:21
Victoria's Secret will sell intimate apparel for women with disabilities
Victoria's Secret, for the first time, has introduced a collection of bras and panties specifically designed to meet the needs of women with disabilities.
2023-10-18 03:58
Brands Hand Out Freebies as Online Ads Lose Appeal
Online ads are delivering less bang for the click these days, so brands are turning to an old
2023-10-18 03:52
U.S. Bancorp Surges After Fed Eases Firm’s Regulatory Burden
U.S. Bancorp surged after the Federal Reserve released it from a commitment to meet requirements for larger banks
2023-10-18 03:50