GM ditching ‘Ultium’ name for batteries, tech amid EV changes
General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it […]
Boeing delivers 33 jets in September but strike impact looms
Boeing 737s on the ground in Renton, Washington. Leslie Josephs | CNBC Boeing delivered 33 airplanes in September, six more than during the same period a year earlier, as the company and its customers keep an eye on the impact of a machinist strike, now in its fourth week. Through September, Boeing has handed over […]
This London firm is using Middle Eastern oil money to finance the green transition
The world needs more hydropower to hit its net-zero goals. Here’s how Augusta & Co. is helping to get there.
PepsiCo (PEP) Q3 2024 earnings
A truck with Pepsi logo on a semitrailer is seen at Interstate 95 highway in Maryland, United States, on October 21, 2022. Beata Zawrzel | Nurphoto | Getty Images PepsiCo on Tuesday lowered its full-year outlook for organic revenue after its second straight quarter of weaker-than-expected sales. The repercussions of the Quaker Foods North America […]
Leaving the U.S. to live abroad? Plan now to avoid an unexpected homecoming.
Relocating to a new country — whether to retire or just for a year or two — carries risks
‘This was a money grab’: My uncle took over the family business when my grandfather died — and left my father out in the cold. What now?
“When my grandfather passed away, my uncle continued running the business and, at that point, he decided that my father would not receive any financial inheritance.”
Cruise, cash and EVs top of mind for Wall Street
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — A lot has changed since General Motors’ last investor day two years ago, but one thing that hasn’t […]
Fed’s Musalem says going slow on interest-rate cuts makes sense
Cutting interest rates at a gradual pace seems to make sense given where the economy is today, St. Louis Fed President Alberto Musalem said Monday.
Rolls-Royce NYC Private Office showroom caters to top-tier clients
Rolls-Royce has opened its first U.S. “Private Office,” a secret VIP design studio for ultra-wealthy clients who want highly personalized cars. The Private Office, in Manhattan’s trendy Meatpacking District, is central to the fabled British automaker’s new strategy of growing sales and profits from selling more customized, higher-priced vehicles rather than boosting production. Rolls-Royce produced […]
The bull market is nearing its second birthday. Here’s why it will likely continue.
The bull market in U.S. stocks is about to turn two years old, the latest milestone for a rally that has surpassed the expectations of all but the most bullish investors on Wall Street.
