GM takes $6 billion hit as cost of backing away from EVs
CNN
General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back on its electric vehicle plans.
Finding a job continued to be a slog at the end of the year, new data shows: US businesses sought out fewer workers in November and hiring rates wilted even further.
Once again, Warner Bros. Discovery has chosen Netflix as its preferred suitor over Paramount.
Trump is running a private equity playbook on Venezuela
President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by the US.
President Donald Trump has spoken in unequivocal terms: US oil companies are headed back to Venezuela, they’ll spend the tens of billions of dollars required to restore the country’s energy infrastructure, and they’ll reap the potentially enormous rewards.
China has banned exports of some rare earth elements and other items to Japan that could be used for military purposes, straining already tense relations between the two countries following the Japanese prime minister’s recent remarks on Taiwan.
The American Dream has never felt further out of reach. And it’s not just because the house with the white-picket fence and the nanny to care for the children are unaffordable. They’re also, for many, unavailable.
Leaders of the Corporation for Public Broadcasting, a private agency that has steered federal funding to PBS, NPR and hundreds of public television and radio stations across the country, voted Monday to dissolve the organization that was created in 1967.
President Donald Trump may have made a major miscalculation about Venezuela’s oil.
With its new Galaxy Z TriFold, Samsung is betting it can wow consumers with an iPad-sized screen that folds up like a brochure to fit neatly in your pocket.
Like so many of Trump’s talking points, this one has its roots in the conservative media he consumes.
At 7 a.m., the earth began to rumble. Suddenly, oil blew out of its well in a massive eruption that towered 200 feet in the air and sprayed the fearful villagers of La Rosa.
The gas pump has emerged as a rare source of relief for Americans drowning in higher prices – and that positive trend is expected to continue in 2026.