The exterior of Goodyear’s “Motor City Garage” concept retail store inside one of the tire manufacturer’s Detroit tire shops. Courtesy Goodyear DETROIT — Goodyear Tire & Rubber Co. CEO Mark Stewart sits in the vehicle bay of a tire shop where the company is launching a new retail experience for customers. There’s a freshly painted…
US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026. Saul Loeb | AFP | Getty Images President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027,…
China was once one of the most attractive and fastest-growing markets for many American brands. With its population of more than 1.4 billion people and massive opportunities for businesses, companies were racing to take advantage of the boon that China could offer. But in recent years, some consumer brands, including Nike, Starbucks and General Motors,…
European equities have historically struggled to ignite the kind of investor enthusiasm enjoyed by U.S. stocks and certain fast-growing Asian markets. The continent has fewer high-growth companies, shallower capital markets and is thought to have a less compelling long-term earnings growth story. A spike in governments’ fiscal spending at the beginning of 2025, however, brought…
Washington has been stepping up efforts to curb Beijing’s technological ambitions, but from artificial intelligence to electric vehicle batteries, Chinese technology is becoming increasingly embedded in the businesses of some of the world’s biggest companies. Apple has tapped Alibaba and Baidu for AI in China, while Ford has turned to CATL for battery technology. Volkswagen…
My top 10 things to watch Friday, Aug. 7 1. Futures rose after nonfarm payrolls unexpectedly fell 23,000 in July. Big miss from the projected 83,000 increase, according to Dow Jones. But the unemployment rate ticked down to 4.1%. The market’s first take was that this bad news for the labor market was good news for…
My top 10 things to watch Monday, Aug. 3 1. Peace talks between the U.S. and Iran are back on the menu, so oil prices are falling. WTI crude is off more than 5%, trading below $80 a barrel this morning. Stock futures are higher across the board, led by the Dow . Within our…
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 Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America as the company…
U.S. President Donald Trump gestures as he speaks during bilateral meeting at the Bestepe Presidential Compound, following Trump’s arrival to attend the annual NATO Summit on July 7, 2026 in Ankara, Turkey. Win Mcnamee | Getty Images Hello, this is Leonie Kidd coming to you from London. Welcome to the Daily Open newsletter, a special…
A view of a Toyota RAV4 Hybrid on display before the game between the Washington Nationals and the Tampa Bay Rays against the at Nationals Park on April 03, 2023 in Washington, DC. ( G Fiume | Getty Images DETROIT — Second-quarter U.S. vehicle sales are turning into a tale of haves and have nots,…
