GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would…
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General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would…
The growing list of major economies warning of weaker growth because of U.S. tariffs has a new member. The Bank of Japan said on Thursday…
General Motors has pulled its annual forecast, reflecting the uncertain effects of US President Donald Trump’s global trade war, even as…
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President…
MOST US manufacturers surveyed by the American Chamber of Commerce (AmCham) in Vietnam said they would be likely forced to lay off workers…
It expects a net profit of 1.08 trillion yen (S$9.44 billion) in the year ending March 31, compared with an earlier projection of 980…
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9…
Welcome to The Forecast—a fresh new series on our blog where I share a glimpse into the month ahead. From upcoming plans and favorite…
NXP and its peers have been struggling with a stubborn glut of chips that help power electric cars and manufacturing operations NXP…
Denver is experiencing near-record temperatures for early February, with highs reaching 70 degrees Fahrenheit, significantly above the…
LEVI Strauss forecast annual profit well below analysts’ estimates, taking a cautious stance despite a strong holiday quarter and sending…
MICROSOFT on Wednesday (Jan 29) forecast disappointing growth in its cloud computing business, sending its shares down more than 5 per…
Houston's weather is warming up following recent cold conditions, with temperatures surpassing the five-year historical average for this…
TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand…
-8°. That was the wind chill this morning in Springfield. It’s days like this that make me wish spring was already here. Sadly, we are…
Winter storm warnings from the National Weather Service (NWS) are in place for six U.S. states as of early Friday, with heavy snow…
According to preliminary estimates provided by the Ministry of Trade and Industry (MTI) on Thursday (Jan 2), Singapore's GDP grew 4.3…
What's New A National Weather Service (NWS) winter storm warning remains in place until 1 p.m. ET on Saturday for parts of south-eastern…
MICRON Technology, the largest US maker of computer memory chips, tumbled in late trading after its revenue forecast missed projections by…
WALL Street’s main indexes opened higher on Friday (Dec 13) after an upbeat forecast from Broadcom kept alive the euphoria around…
GLOBAL airlines body International Air Transport Association (Iata) has forecast industry-wide 2025 revenue of more than a trillion US…
C3.AI raised its forecast for fiscal year 2025 revenue on Monday (Dec 9), helped by healthy demand for the company’s enterprise artificial…
We’ve been raided overnight by an Arctic cold front robbing us of our nice temperatures from Wednesday. Temperatures at midnight were…
Big temperature spike today with highs near 60° after an extended spell of cold weather. The day got off to a warmer start with…