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Stellantis appoints North America boss Antonio Filosa as new CEO

Stellantis North America Chief Operating Officer and former Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles on Nov. 21, 2024. Etienne Laurent | Afp | Getty Images Auto giant Stellantis on Wednesday appointed North American Chief Operating Officer […]

Hybrid leader Toyota targets major growth in plug-in vehicles

2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC PLANO, Texas — Twenty-five years after introducing many Americans to hybrid vehicles with the Prius, Toyota Motor is targeting significant growth in plug-in hybrid electric vehicles, or PHEVs. Such cars can function as an all-electric vehicle for a certain number of miles before […]

Abercrombie & Fitch (ANF) Q1 2025 earnings

Shares of Abercrombie & Fitch soared Wednesday, even after the retailer slashed its profit outlook due to tariffs, which are expected to hit its business by $50 million.  The company is now expecting full-year earnings per share to be between $9.50 and $10.50, down from a previous range of between $10.40 and $11.40. Analysts were […]

E.l.f. Beauty to acquire Hailey Bieber brand Rhode in $1 billion deal

Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London, England.  Dave Benett | Dave Benett Collection | Getty Images E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as the cosmetics company […]

The U.S. now has a third of the world’s millionaires and billionaires

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The U.S. now accounts for more than a third of the world’s millionaires and billionaires, as tech companies and startups mint […]

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