The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors CFO Paul Jacobson on Tuesday said the company expects earnings next year to top its 2025 results, which have performed far better than Wall Street’s expectations. Investors had…
A General Motors Co. Chevrolet Silverado truck at a dealership in Upland, California, US, on Wednesday, Oct 15, 2025. Kyle Grillot | Bloomberg | Getty Images DETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday amid a litany of challenges facing the automotive industry. Here is what Wall Street…
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other disruptions. All those factors created…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Top proxy advisor Institutional Shareholder Services is recommending that Tesla investors vote against a pay plan for CEO Elon Musk that would grant him nearly $1 trillion more…
Zoom In IconArrows pointing outwards Kremlin envoy proposes ‘Putin-Trump tunnel’ to link Russia and U.S. Reuters President Donald Trump said Friday that a Russian proposal for Elon Musk and his tunneling business, the Boring Company, to build an undersea rail tunnel through the Bering Strait was “interesting” and he’d have to think about it. “That’s…
Ron Conway, founder of SV Angel, speaks during the TechCrunch Disrupt NYC 2015 conference in New York on May 4, 2015. Michael Nagle | Bloomberg | Getty Images Days after suggesting that President Donald Trump should send federal troops to San Francisco, Salesforce CEO Marc Benioff is facing some consequences. Prominent startup investor Ron Conway,…
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images DETROIT — Stellantis, the parent company of Chrysler, Jeep and other auto brands, plans to invest $13 billion in U.S. manufacturing operations…
2026 Jeep Grand Wagoneer Jeep DETROIT – Jeep is overhauling its top-end Grand Wagoneer lineup for the 2026 model year under a yearslong turnaround plan for the quintessential American SUV brand. The changes include updating exterior styling, introducing a new forthcoming extended-range powertrain and creating a simplified, less expensive model lineup all under the “Grand…
Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024. Halil Sagirkaya | Anadolu | Getty Images As Salesforce welcomes tens of thousands of people to San Francisco for its annual Dreamforce conference, CEO Marc Benioff has found himself in the center of local controversy on…
Apple CEO Tim Cook holds a next generation iPhone 17 during an Apple special event at Apple headquarters on Sept. 9, 2025 in Cupertino, California. Justin Sullivan | Getty Images Apple is in late-stage talks to acquire top talent from computer vision startup Prompt AI, as well as the company’s technology, CNBC has learned. Leadership…
