GM reports 2.2% decrease in third-quarter sales, but EVs make gains
The Detroit automaker reported a 2.2% drop in third-quarter sales compared to a year earlier to 659,601 vehicles sold.
Port strike could bring biggest impact to these retailers, says Truist
An extended strike could mean higher logistical and supply-chain costs — as well as potential product shortages — for some big names in retail, according...
U.S. manufacturing activity contracts for the sixth straight month
ISM PMI holds steady at 47.2% in September, below forecast 47.5%
Spices maker McCormick benefits as people cook more but won’t sacrifice flavor
McCormick’s stock edged higher Tuesday, after the spices and flavor company beat fiscal third-quarter profit expectations and raised its full-year outlook, as volume increased for...
A former Meta staffer stalked a co-worker for over a year. Then the company rehired him, lawsuit says
A Meta employee is suing the company after the tech giant rehired a former colleague who had been accused of stalking and harassment.
Spacecraft delivery startup founded by former SpaceX rocket guru raises $150 million, led by Founders Fund
Los Angeles space startup Impulse, led by renowned rocket specialist Tom Mueller, raised $150 million in a new round led by Founders Fund.
Saudi Arabia slashes growth forecasts, sees wider budget deficits
Saudi Arabia's real GDP is expected to grow 0.8% this year, a dramatic drop from a previous estimate of 4.4%, according to the latest government...
Schwab CEO Walt Bettinger to retire after leading financial firm since 2008
Schwab names insider Rick Wurster to be chief executive after working as president of the firm since 2021.