GM beats quarterly targets, raises forecast for the year

General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 5%. Read More

GM says it will move headquarters from RenCen to Hudson's site in 2025

Bedrock plans to ... but it didn't have any takers. GM for a while has been looking to unload the more than 5.5 million-square-foot, seven-tower complex. Crain's Detroit Business previously ... Read More

Ferrari steps up battery know-how though no plans to make them

BOLOGNA, Italy, April 8 (Reuters) - Ferrari wants to increase its expertise in battery cells given their importance in its shift to electrified vehicles, but it has no plans to manufacture them ... Read More

Buffalo News

Buffalo's top commercial lender distributed $5.3 billion in 2023 © 2024 American City Business Journals. All rights reserved. Use of and/or registration on any ... Read More

Red Lobster reportedly weighs possible Chapter 11 bankruptcy filing as labor costs soar

The seafood restaurant chain — which has 649 locations ... Red Lobster’s funds have taken a hit in recent months by strenuous leases and rising labor costs, among other issues, said the ... Read More

Sacramento News

© 2024 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement ... Read More

Plans For Low-Cost Tesla Model Reportedly Scrapped

Tesla stock value fell roughly three percent upon release of the news that the company canceled plans to develop a new low-cost model ... Meanwhile, GM has confirmed the development of a new ... Read More

Junior bankers say they’ll quit after bonuses fall — but top 0.1% celebrate soaring market and plunging private jet costs

One vice president at a large firm who has a one ... don’t have to deal with a regular rental service — said people won’t give up luxury and convenience but want to cut costs where they ... Read More

Gwyneth Paltrow says she has no plans to try polyamory

Gwyneth Paltrow has explained why she doesn ... including one that asked: “Have you ever considered a poly relationship?” “No thanks!” Paltrow responded, noting: “Not for me but ... Read More

Is Jim Nantz calling the 2024 Masters? Yes, and he has no plans to stop anytime soon

You might have missed Jim Nantz's voice during March Madness, but he has no plans to stop calling the Masters any time soon. The veteran announcer will be a part of CBS' coverage of the 2024 ... Read More

Republicans more likely to say cost of living has gone up since 2020: survey

Pandemic-era inflation has ... to say their financial situation has gotten worse over the last three years. A new Bankrate survey published Monday shows 69 percent of Americans think their cost ... Read More

NC State's DJ Burns says he has no plans to play football

Angel Reese selected No. 7 overall in the 2024 WNBA draft, here's what she brings to Chicago Cameron Brink selected No. 2 in 2024 WNBA draft Caitlin Clark selected No. 1 by Indiana Fever in 2024 ... Read More