News
16% Increase in Sales for Ford in Third Quarter
Ford Motor reported that its sales had increased by 16% compared with the previous year. However, it also noted a...
1.1-Million Fall in Number of Job Openings in August
Job openings fell by 1.1 million in August, showing the beginnings of a big U.S. labour gap
General Motors third-quarter auto sales jump 24%
General Motors’ third-quarter vehicle sales increased 24% compared to a year ago in the U.S., the company announced. The Detroit...
Hurricane Ian likely to be costliest since 1992, death toll climbs to 80
The death toll from Hurricane Ian climbed past 80 as affected residents in Florida and the Carolinas faced a recovery...
Famous Entrepreneurs: Tesla boss Elon Musk presents humanoid robot Optimus
Famous entrepreneurs’ stories: Tesla’s CEO entrepreneur Elon Musk presented on Friday a prototype of its humanoid robot Optimus. The electric...
Spanx promotes Kim Jones to CEO replacing founder Sara Blakely
Shapewear and clothing maker Spanx promoted president and chief financial officer Kim Jones to CEO, the company announced. Jones will...
Meta freezes hiring, cuts headcount and slashes budgets
Facebook’s parent company Meta will reportedly be slashing budgets across most teams, according to a Bloomberg report. Meta CEO Mark...
Nike shares fall as overstocked inventory weighs on earnings
Nike's stock plunged around 10% in pre-market trading on Friday following the sneaker giant's latest earnings report. The company on...
Tyson Foods overhauls management team, names new CFO
As beef profit margins are under pressure, Tyson Foods announced a major leadership team overhaul. John R. Tyson will take...
U.S. weekly jobless claims fall to five-month low
The number of Americans filing new claims for unemployment benefits fell to a five-month low last week, according to the...
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