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GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again

Jennifer DuBois -
Key Takeaways GM once again noted that issues in producing new Ultium battery packs is slowing the manufacturing of its electric vehicles.CFO Paul Jacobson...
Business

Stocks close higher after inflation data, Disney pops: Stock market news today

Jennifer DuBois -
Stocks inched higher Thursday as newly released data showed inflation ticked up on an annual basis for the first time in over a...
Business

Guggenheim CIO Says Credit Market Is ‘Next Shoe to Drop’

Jennifer DuBois -
(Bloomberg) -- While calls for a soft-landing are piling up on Wall Street, Anne Walsh is staying on the defensive.Most Read from BloombergThe...
Business

Yellow employees getting paid a day late; $92.9M in vacation time in limbo

Jennifer DuBois -
Yellow employees who were expecting what are likely their final paychecks Thursday will instead receive them Friday, according to a company official.“Employees who...
Business

UPS drivers to make $170,000 in pay and benefits following union win

Jennifer DuBois -
UPS drivers will earn an average of $170,000 in pay and benefits at the end of a five-year contract their union negotiated with...
Business

‘Don’t be fooled’ by the uptick in inflation, economist says. Prices are falling, and the Fed now has the ammo to pause its rate...

Jennifer DuBois -
The latest inflation data could be a bit misleading to the untrained eye. But “don’t be fooled by the uptick,” said Julia Pollak,...
Business

Dow inches up as inflation trends stay positive: Stock market news today

Jennifer DuBois -
Stocks inched higher Thursday as newly released data showed inflation ticked up on an annual basis for the first time in over a...
Business

China’s heading for another real estate crisis — but it’s on a whole different scale than what it’s seen before

Jennifer DuBois -
Country Garden, a massive Chinese property developer, missed interest payments on two dollar bonds this week."Any default would impact China's housing market more...
Business

Tesla Stock Is Up. X CEO Linda Yaccarino Is Helping.

Jennifer DuBois -
Business

Virgin Galactic Went to the Edge of Space Today. The Stock Is Up.

Jennifer DuBois -
Virgin Galactic Went to the Edge of Space Today. The Stock Is Up. Source link
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