Business

Rivian Lowers Delivery Forecast, Raises Spending Amid Tariff Costs

Rivian Automotive exceeded Wall Street Q1 expectations while maintaining its 2025 earnings targets but reduced delivery projections and increased capital...

Mattel Rules Out U.S. Toy Manufacturing Amid Tariffs

Mattel CEO Ynon Kreiz explained that the 145% China tariffs imposed by Trump will not cause toy manufacturing to move...

U.S. Pushes to Break Up Google’s Ad Tech Dominance

The U.S. Justice Department strengthened its antitrust case against Google by demanding the sale of its AdX and DFP ad...

United Airlines Cuts Newark Flights, Blames FAA Issues

United Airlines will eliminate 35 daily roundtrip flights (10% of its schedule) at Newark Liberty International Airport starting this weekend,...

GM’s Cadillac Revival: A Decade-Long Quest for American Luxury

Under President Mark Reuss General Motors has worked for ten years to restore Cadillac as the leading American luxury brand....

Hollywood Stocks Drop After Trump’s Foreign Film Tariff Plan

Stock prices of Hollywood studios declined on Monday after President Trump announced his plan to impose 100% tariffs on foreign-made...

Automakers See April Sales Spike Amid Tariff Fears

The U.S. sales of Ford, Hyundai, Kia, General Motors and Toyota increased by double digits in April because customers hurried...

Nvidia’s Jensen Huang Gets First Pay Raise in Decade

The Thursday SEC filing shows Nvidia CEO Jensen Huang received his first salary increase since 2015 which brought his base...

Kohl’s Fires CEO Buchanan Over Vendor Conflict Issues

Kohl’s terminated CEO Ashley Buchanan who started in January after an investigation showed he managed vendor transactions with undisclosed conflicts...