Major U.S. automakers criticize U.S.-U.K. trade deal
General Motors (GM), Ford and Stellantis, the three major U.S. automakers, have criticized the trade agreement with the United Kingdom...
Donald Trump
Tesla’s quarterly earnings dropped 71%, and Musk distanced himself from DOGE
This has been Elon Musk's most anticipated—and most likely dreaded—quarter at Tesla. which, in a cruel turn of events, falls...
Ford estimates that tariffs will cost $1.5 billion
Ford Motor suspended its annual forecast due to uncertainty surrounding President Donald Trump's tariffs, saying the levies would cost the...
Despite tariffs, Amazon merchants are stockpiling, but this is only a temporary solution
Amazon attempted to allay investor worries about how the Trump administration's tariffs might affect its online store, but given the...
American automakers may face tariffs of up to $12,000 per vehicle
A Michigan economic consulting group said Thursday that automakers will continue to face a tariff impact of between $2,000 and...
Trump’s decision to lower US auto tariffs
In an effort to encourage the auto industry to shift more production back to the United States, U.S. President Donald...
Google’s first-quarter earnings were the highest to date
In a time of increased economic uncertainty that could affect Google, a business with a significant advertising presence, Alphabet, the...
Tesla’s first-quarter 2025 earnings fell 71%
Following a 20% decline in its automotive revenue, Tesla's net profit dropped 71% to $409 million in the first quarter...
Prada buys Versace for roughly $1.4 billion after Trump’s tariffs almost ruined the acquisition
Luxury fashion firm Prada Group has reached an agreement with Capri Holdings to acquire designer label Versace for $1.38 billion,...
General Motors suspends production at its Canadian factory
General Motors (GM) has announced that it will cease operations at one of its Canadian assembly factories until October, resulting...
