GM to spend $19 billion through 2035 to source EV battery materials from LG Chem
The 2025 Cadillac Escalade IQ.GMDETROIT — General Motors plans to spend $19 billion over roughly the next decade through a…
Latest Business News, Market Trends & Corporate Insights
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NYCB shares fall as much as 13% after Moody’s cuts regional bank’s credit rating to junk
The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024.Bing Guan | Bloomberg…
Yum Brands disappoints as KFC, Taco Bell and Pizza Hut fall short of same-store sales expectations
KFC and Taco Bell restaurants along 118th Avenue in Edmonton, on January 21, 2024, in Edmonton, Alberta, Canada.Artur Widak |…
Public utilities fall short on wildfire mitigation, putting residents and shareholders at risk
Five years and 2,500 miles apart, fires devastated thriving communities — and major U.S. utility companies stood at the center…
ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year
A FOX Sports TV camera operator during the week 5 NFL game between the Atlanta Falcons and the Carolina Panthers…
Ford is reassessing its EV plans, including vertical battery integration
A Ford Mustang Mach-E GT compact sports utility vehicle during the 2022 New York International Auto Show in New York…
Chipotle earnings crush estimates as restaurant traffic grows 7.4%
People visit a Chipotle restaurant in Miami on Feb. 9, 2022.Joe Raedle | Getty ImagesChipotle Mexican Grill on Tuesday posted…
Ford tops fourth-quarter estimates, guides toward strong 2024
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26,…
Bolts appeared to be missing from Boeing 737 Max door plug that blew off midflight, NTSB says
In this photo released by the National Transportation Safety Board, investigator-in-charge John Lovell examines the fuselage plug area of Alaska…
Healthy Returns: Novo Nordisk, Eli Lilly are tackling weight loss drug supply woes
Good afternoon! All eyes are on Novo Nordisk and Eli Lilly again as Wall Street looks for signs that they can address one of the…
Eli Lilly says weight loss drug shows promise as treatment for fatty liver disease
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. Brendan…
Eli Lilly results blow past estimates on strong Zepbound launch, surging Mounjaro revenue
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. Brendan…
Novo Nordisk parent to buy Catalent for $16.5 billion to expand Wegovy supply
Boxes of Novo Nordisk’s weight-loss drug Wegovy in Oslo, Norway, Nov. 21, 2023.Victoria Klesty | ReutersDanish drugmaker Novo Nordisk‘s parent…
Mortgage rates jump back over 7% as stronger economic data rolls in
This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae,…
McDonald’s and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while
People dit at McDonald’s outdoor seating after going out on a Saturday night along Rothschild Street on June 11, 2022…
McDonald’s revenue misses estimates as Middle East conflict weighs on quarterly sales
Visitors are attending a New Year event held by McDonald’s in Shanghai, China, on January 25, 2024. Costfoto | Nurphoto |…
McDonald’s is promising its ‘Best Burger.’ Now the chain will see if diners buy more of them
A man drinks a coke and eats a Big Mac at a McDonald’s in Cologne, Germany, on May 25, 2015.Oliver…
New Macy’s CEO Tony Spring looks to revive a 166-year-old retailer fighting for relevance
Tony Spring speaks at an event unveiling the Macy’s new women’s apparel brand, On 34th, in July. Spring is former…
LVMH takes aim at $30 billion watch market with high-end, reinvented pieces
Luxury giant LVMH is making a push to gain share of the global luxury watch business, with a newly formed…
Why Shari Redstone is trying to sell Paramount — and why she needs the right deal
Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21,…
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