Early renderings released by Ford Motor of its next-generation electric pickup based on the upcoming Universal Electric Vehicle Platform. Thanks to Ford DETROIT- Ford engine‘s $5 billion ‘bet’ on the next generation of all-electric vehicles will feature a nascent technology Tesla commercialized in the U.S. on its Cybertruck, the Detroit automaker said Tuesday. The system, […]
U.S. Secretary of State Marco Rubio speaks during the Munich Security Conference (MSC) in Munich, Germany, on February 14, 2026. Thilo Schmuelgen | Reuters The US has no intention of giving up its deep alliance with Europe and wants the region to succeed, US Secretary of State Marco Rubio said on Saturday. “We care deeply […]
President Donald Trump said Friday he will “soon” issue an executive order outlining the “legal grounds” for the nation’s voter ID requirements. Trump said in a post in Truth Social late Friday that he wants voter ID laws implemented before the 2026 midterm elections, even though legislation requiring it appears to be on the verge […]
Stellantis CEO Antonio Filosa speaks at an event in Turin, Italy, November 25, 2025. Daniele Mascolo | Reuters DETROIT- Stellar CEO Antonio Filosa said Friday that the automaker plans to continue as one company, amid speculation that it would be better off selling or splitting brands after disappointing results. “Stellantis is a very strong global […]
The ‘no hire, no fire’ era may be coming to an end. U.S. employers announced 108,435 layoffs in January, the highest number in January since the 2009 financial crisis, according to outplacement firm Challenger, Gray & Christmas. The total was up 118% from January 2025. Companies announced just 5,306 new hires, the lowest number in […]
Eli Lilly posted on Wednesday profit and turnover in the fourth quarter and 2026 guidance that exceeded expectations as demand for the hit weight-loss drug Zepbound and diabetes treatment Mounjaro soars. The pharmaceutical giant expects its sales to reach between $80 billion and $83 billion by 2026. Analysts expected revenue of $77.62 billion, according to […]
Walmart is now one of the tech bros. The retail giant crossed the $1 trillion market capitalization threshold on Tuesday, joining an exclusive club consisting mainly of companies like Apple, Microsoft and Amazon. Walmart shares are up more than 28% in the past year and more than 14% so far in 2026. The secret of […]
Eli Lilly Chairman and CEO Dave Ricks speaks during a press conference in Houston, September 23, 2025. Antranik Tavitian | Reuters Eli Lilly said Friday it will spend more than $3.5 billion to build a factory in Pennsylvania’s Lehigh Valley that will help produce the next generation of obesity drugs. That includes a closely watched […]
The era of Amazon Fresh and Amazon Go is officially over. The e-commerce giant announced it is closing all 72 locations after a decade-long experiment. Amazon will convert some locations into Whole Foods stores and plans to open more than 100 new Whole Foods locations in the coming years. According to the company, its branded […]
A “sale pending” sign in front of a home for sale in Larkspur, California, November 30, 2023. Justin Sullivan | Getty Images Severe headwinds in the housing market and the broader economy are causing home sales to fall at an alarming rate. According to real estate brokerage Redfin, more than 40,000 signed home purchase agreements […]