Stellantis unveils $70 billion turnaround plan, targets positive cash flow by 2028
Stellantis CEO Antonio Filosa unveiled a new five-year strategic plan Thursday worth 60 billion euros (US$69.7 billion)....
Category : Business
Walmart to report first-quarter earnings before the bell. Here’s what Wall Street expects
Walmart’s fiscal first-quarter earnings report will offer Wall Street a unique view into the health of the U.S. economy...
Sinkhole shuts runway at LaGuardia Airport, delaying flights, Port Authority warns
The Port Authority said travelers should expect delays and cancellations, with thunderstorms expected also expected to roll in Wednesday....
Target is set to report first-quarter earnings, offer read on consumer
Target has been struggling with a sales slump and decreased customer traffic, though CEO Michael Fiddelke has said the retailer is poised for a turnaround....
The AI economy is rewriting the American Dream — and blue-collar workers are poised to win
AI-driven hiring slowdowns are hitting some entry-level jobs for college graduates as companies like Ford and AT&T ramp up recruiting for skilled trade workers....
CDC says American tests positive for Ebola in Africa, risk in the U.S. remains low
No cases tied to the Ebola outbreak have been confirmed in the U.S., and the overall risk to the American public and travelers remains low....
Lululemon takes battle with Chip Wilson public, calls founder ‘misguided’ and ‘outdated’
Lululemon responded publicly to founder Chip Wilson’s campaign in a letter to shareholders, where it urged them to vote in its favor at its annual...
Creator content made the main stage at TV’s ‘upfront’ pitches — and not just for YouTube
In media companies’ annual pitch to advertisers this week, creator content played a bigger role as a new category for reaching younger audiences....
Chinese EVs are coming to Canada, and some dealers can’t wait to sell them
Canada is allowing 49,000 Chinese-made electric vehicles to be imported for retail sales annually at a tariff rate of 6.1%....
Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms
Reasons for the job declines vary by automaker, but are generally tied to evolving technological changes in the industry — including the rise of AI....