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Categories Business

GM ditching ‘Ultium’ name for batteries and tech amid EV changes

Author admin October 10, 2024

DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as

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Categories Business

Boeing withdraws contract offer after talks with union end without a deal

Author admin October 10, 2024

Boeing withdrew a contract offer for 33,000 machinists who have been on strike since mid-September, and said further negotiations “do not make sense

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Categories Business

Shares of generator maker soar, insurance stocks fall as Hurricane Milton intensifies

Author admin October 9, 2024

Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 5 storm. Hurricane Milton is

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Categories Business

Walmart-owned Sam’s Club tests a future without checkout lines

Author admin October 9, 2024

GRAPEVINE, Texas — When shoppers walk into Sam’s Club’s newest store, they’ll soon see a shiny blue Mercedes-Benz SUV, a sectional sofa

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Categories Business

Hurricane Milton could reduce Disney earnings, Goldman says

Author admin October 9, 2024

Projected park closures and disruptions from Hurricane Milton could cut into Walt Disney’s earnings, according to Goldman Sachs analysts. The firm estimated Tuesday that

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Categories Business

CVS is under pressure and considering a breakup. Here’s why that could be risky.

Author admin October 7, 2024

It’s time for a wellness check at CVS Health. Shares of the company are down more than 20% this year as it grapples with higher-than-expected

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Categories Business

As Apple enters AI race, iPhone maker turns to its army of developers for an edge

Author admin October 7, 2024

As Apple prepares Apple Intelligence to jump into Silicon Valley’s AI race, it’s relying on one of its strongest advantages: Its army of 34

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Categories Business

How a tiny town hit by Helene could upend the global semiconductor chip industry

Author admin October 5, 2024

Virtually all of the world’s supply of a mineral that is critical to semiconductor production comes from one tiny town in the foothills of

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Categories Business

Dockworkers on East and Gulf Coast to return to work after reaching agreement on wages

Author admin October 5, 2024

Thousands of dockworkers on the East Coast and Gulf Coast will return to work after reaching a tentative agreement on wages, ending

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Categories Business

CVS is under pressure and considering a breakup. Here’s why that could be risky

Author admin October 5, 2024

It’s time for a wellness check at CVS Health. Shares of the company are down more than 20% this year as it grapples with higher-than-expected

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