Fossil CEO says turnaround is ahead of plan as sales return to growth
Watchmaker Fossil said Tuesday that the company is returning to profit and sales growth in the first signs of its turnaround strategy.
AMD’s stock fades as investors weigh whether Nvidia’s turmoil will mean lasting wins
It’s one thing for money to shift between stocks, but it’s another thing for customers to shift their supplier relationships.
How GM is trying to talk used car shoppers into buying new vehicles
Automakers say that substantial shares of the customers walking into a dealership looking for certified used cars end up buying new. Here’s how it works.
Rivian CEO says new R2 SUV, autonomy make 2027 an ‘inflection year’ as EV maker marks five years since IPO
Rivian CEO RJ Scaringe says 2027 will be an “inflection year” as the EV maker scales R2 and invests in autonomy.
Fed’s Waller puts half-point rate hike into the mix for December
U.S. central bank official had put a half-point discussion into the mix ahead of Labor Department data, which came in as hot as he feared.
Boeing to cut 5% of commercial airplane workers as production increase takes longer than expected
Boeing has been working to stabilize production rates of its bestselling 737 Max planes, which are made outside of Seattle.
The short seller who saw signs of Nvidia’s China scandal months ago claims Megaspeed isn’t the only company helping China access chips
‘We were confident in the research initially, and we’re still confident in it now,’ says Christian Lamarco, founder of Culper Research
Children’s Place files for bankruptcy protection, seeks buyer
The Children’s Place has filed for chapter 11 bankruptcy protection and is seeking bids from potential new owners by Dec. 9.
‘We had the worst fight’: I want my husband to retire at 65, but I don’t want to lose his $280,000 salary. Is that unreasonable?
“We have $2.6 million, most of it in his 401(k) and IRAs, plus $450,000 in a brokerage account.”
Lucid misses Wall Street’s earnings expectations, expands loan from Saudi Arabia fund
The quarterly results are the first since Lucid CEO Silvio Napoli, who started leading the company in June, announced a restructuring plan.
