General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks are having a mixed session on Tuesday as investors await a slate of earnings this week, including Microsoft and Meta on Wednesday and Apple on Thursday. Meanwhile, the…
The exterior of an Amazon Fresh grocery store is seen on December 12, 2024 in Federal Way, Washington. David Ryder | Getty Images Amazon said Tuesday it plans to sunset its Fresh and Go brick-and-mortar chains, marking a major pivot in the company’s grocery strategy. “After a careful evaluation of the business and how we…
A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multi-year turnaround plan. CFO…
Sheldon Cooper | Lightrocket | Getty Images Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company embraces artificial intelligence. In a securities filing, Pinterest said it expects the cuts will be complete by the end of its third quarter in late…
A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing reported revenue ahead of Wall Street expectations for the fourth quarter as the company’s turnaround picked up steam following years of crises. The company’s airplane deliveries last…
The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT – General Motors beat Wall Street’s fourth-quarter earnings expectations Tuesday, while guiding for another year of “strong financial performance.” The Detroit automaker, which slightly missed revenue expectations, also announced a 20% increase in its quarterly dividend and…
(1st row from L to R): Australia’s Prime Minister Anthony Albanese, Brazil’s President Luiz Inacio Lula da Silva, South Africa’s President Cyril Ramaphosa, President of Angola and Chairperson of the African Union Joao Lourenco and Canada’s Prime Minister Mark Carney react as they attend a family photo event during a G20 Leaders’ Summit plenary session…
Signage at an Anta Sports Products Ltd. pop-up store in Beijing, China, on Saturday, Aug. 24, 2024. Anta is scheduled to release earnings results on Aug. 27. Na Bian | Bloomberg | Getty Images Shares of Puma surged Tuesday after China’s Anta Sports said it would acquire a 29% from the French billionaire Pinault family,…
Diminishing perspective of downtown London skyscrapers Chunyip Wong | E+ | Getty Images LONDON — European stocks opened broadly higher on Tuesday, as investors reacted to the European Union’s landmark trade deal with India and braced for a flurry of corporate earnings. Twenty minutes into the trading session, the pan-European Stoxx 600 was 0.3% higher,…
