Ford Motor Co
From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth. […]
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CEO of logistics giant C.H. Robinson says the business can weather Trump tariffs
Dave Bozeman, chief executive officer of C.H. Robinson. Source: C.H. Robinson As Dave Bozeman takes the stage at his first investor day as CEO of C.H. Robinson, he’ll have to contend with a freight recession, the threat of higher tariffs and the turnaround of a century-old logistics giant. “I want to lay out our vision […]
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Stellantis CEO Carlos Tavares lost control of the automaker with ‘arrogant’ mistakes, sources say
Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024. Benoit Tessier | Reuters DETROIT — “Arrogant.” It’s the word former Stellantis CEO Carlos Tavares used in June to describe mistakes that led to the automaker’s troubles in the U.S. It’s […]
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Trump may cancel U.S. Postal Service electric mail truck contract: Reuters sources
The United States Postal Service unveils two of its battery-powered vehicles at an event announcing its plan on implementing electric vehicles, at the Postal Service Headquarters on December 20, 2022 in Washington, DC. Kevin Dietsch | Getty Images Donald Trump’s transition team is considering canceling the United States Postal Service’s contracts to electrify its delivery […]
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U.S. proposes a $7.54 billion loan to Stellantis and Samsung SDI battery joint venture
The US Department of Energy building is seen in Washington, DC, on July 22, 2019. ALASTAIR PIKE | AFP | Getty Images The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants […]
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Mexico warns Trump tariffs would kill 400,000 U.S. jobs, threatens retaliation
Mexican President Claudia Sheinbaum speaks after reading a letter to be sent to U.S. President-elect Donald Trump, warning that tariffs would cause inflation and job losses in both countries, at National Palace in Mexico City, Mexico, November 26, 2024. Presidencia De Mexico | Via Reuters Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate […]
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CNBC Daily Open: The markets are living in Trump’s world for now
U.S. President-elect Donald Trump at a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on Nov. 19, 2024, in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to […]
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CNBC Daily Open: A new day, a new Trump policy for markets to digest
U.S. President-elect Donald Trump and Sen. Ted Cruz (R-TX) attend the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors […]
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Stocks making the biggest moves midday: Kohl’s, Best Buy, Zoom Communications, Stellantis and more
Check out the companies making headlines in midday trading. Kohl’s – Shares tumbled 18% after the retailer cut its sales outlook amid an uncertain holiday backdrop . The latest quarter’s earnings and sales fell short of Wall Street analysts’ estimates, and the CEO will step down in January. Amgen — The biotech fell more than […]
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How President-elect Donald Trump may impact investors in these 8 market sectors
FA Playbook How President-elect Donald Trump may impact investors in these 8 market sectors Published Tue, Nov 26 202412:24 PM EST Greg Iacurci@GregIacurci Lorie Konish WATCH LIVE Source
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