3 Behind-the-Headlines Takeaways From General Motors' Q1 Report

General Motors reported its first-quarter results on Tuesday morning, and they were good. Its net income of $3 billion, or $2.62 per share on an adjusted basis, and revenue of $43 ... Read More

General Motors results beat targets, forecast raised, shares jump

General Motors on Tuesday posted quarterly results that topped Wall Street targets and the automaker raised its annual forecast, citing stable pricing and demand for gasoline-engine vehicles, and its ... Read More

GM’s blowout earnings show ‘long-awaited turnaround appears to be under way’

General Motors earned $2.98 billion, or $2.56 a share, compared with $2.40 billion, or $1.69 ... the S&P 500 SPX. Meanwhile, the spreads on GM’s corporate bonds have tightened against U.S ... Read More

General Motors reports strong first-quarter profits as prices help offset small US sales dip

Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. Read More

Technology News

A school official in Maryland is accused of retaliating against the principal with a recording of a fake racist rant in a duplication of his boss’s voice. ABC News' Andrea Fujii explains. Read More

General Motors to invest $500M in Arlington Assembly plant to build next-gen SUVS

More than $500 million is heading towards General Motors Arlington Assembly. With the new investment, the plant expects to produce the next cycle of internal combustion engine (ICE) full-size SUVs. Read More

Here's why the auto industry got the EV adoption timeline wrong

"The challenge for me is definitely mostly the additional investment ... billion at the close of trading Thursday, with stock exchanges closed for Good Friday. That's compared to General Motors ... Read More

Owner of Fort Worth's tallest tower feuds with bank, contractors over finances

FORT WORTH, Texas — Read this story and more North Texas business news from our partners at the Dallas Business Journal Fort Worth's ... 1 million square feet. Tenants include General Motors ... Read More

Fujifilm to Invest Additional $1.2 Billion to Expand its Large-Scale Cell Culture CDMO Business in North Carolina

Investment to create an additional 680 highly-skilled ... today announced an investment of $1.2 billion in its Large-Scale Cell Culture CDMO*1 Business to further expand the planned FUJIFILM ... Read More

Xiaomi SU7 EV launch propels market value by $4 billion, near GM and Ford

At the day's highest, the Chinese company had a valuation of $55 billion at a share price of HK$17.34 — higher than that of traditional U.S. automakers General Motors and Ford, at $52 billion ... Read More

Xiaomi's EV launch propels its market value by US$7.6 billion, above GM and Ford

The company has already produced 5,000 SU7 vehicles it dubbed the "founders edition" that it says come with additional ... s foray into EVs in 2021, pledging to invest US$10 billion in the auto ... Read More

Xiaomi's EV launch propels market value by $4 billion, near GM and Ford

At the day's highest, the Chinese company had a valuation of $55 billion at a share price of HK$17.34 - higher than that of traditional U.S. automakers General Motors (GM.N) , opens new tab and ... Read More