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Business - Page 2

Stellantis CEO’s Strategy for Higher Profits Pushes Away Loyal Buyers

When 24-year-old Elena Aragon set out to purchase a new car last year in her hometown of Cadiz, Spain, she considered several budget-friendly brands, including Stellantis’ Fiat and Peugeot. However, she found…

by Nicole Kenny
December 4, 2024
Business

In Effort to Boost Finances, Boeing Seeks $24.3 Billion to Avert Rating Downgrade

Boeing, the planemaker in a desperate battle to stave off a downgrade over its shattered finances, has launched a stock offering that could rise to $24.3 billion. This move is a crucial…

by Vogue Daily
October 30, 2024
Business

Rivian Seeks Federal Loan to Restart Georgia EV Factory Construction

In a strategic move to bolster its electric vehicle production capacity, Rivian Automotive has applied for a federal loan to restart construction of its planned factory in Georgia. The factory, estimated to…

by Alex Turner
October 7, 2024
Business

The Oracle of Omaha Holds Court: Buffett Takes Center Stage at Berkshire Hathaway Annual Meeting

All eyes are on Omaha, Nebraska, this weekend as Berkshire Hathaway’s annual shareholder meeting kicks off. The legendary investor Warren Buffett is guaranteed to be the star of the show, but his…

by Brielle Dudek
May 15, 2024
Business

US Confirms Delivery of Advanced Long-Range Munitions to Ukraine

Following successful trials in the United States, Ukraine is on the verge of acquiring its initial substantial shipment of long-range missiles, set to significantly enhance its reach into regions under Russian control.…

by Alex Turner
February 3, 2024
Business

New Study: Global Billionaire Tax Could Generate $250 Billion Annually

Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could yield $250 billion annually, the EU Tax Observatory said on…

by Vogue Daily
October 26, 2023
Business

Israel Will Persist in Its Efforts to Dismantle Hamas, Netanyahu Tells Putin

On Tuesday, the office of Israel Prime Minister Benjamin Netanyahu shared details of his telephonic conversation with Russian President Vladimir Putin, saying that the latter briefed him on the ongoing counter-offensive against…

by Nicole Kenny
October 19, 2023
Business

Will the Charter-Disney Dispute Lead to New Laws Regulating Cable TV?

Charter Communications, one of the biggest cable companies in the United States, is locked in a battle with Walt Disney in a distribution dispute that may shape the future of television in…

by Nicole Kenny
September 8, 2023
Business

Citigroup Considers Major Overhaul, Could Split Investment Banking Unit

The plan envisages splitting the bank’s Institutional Clients Group (ICG) into its three primary business segments: investment and corporate banking, global markets, and transaction services, the FT reported on Monday. The division…

by Vogue Daily
August 24, 2023
Business

Fed Economists See Soft Landing More Likely Than Recession

Blame it on economic theory not matching reality, groupthink among forecasters, or political partisanship by opponents of the Biden administration. However, a year ago, much of the U.S. was convinced the country…

by Nicole Kenny
August 18, 2023
Business
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