Imagine this: A border wall in the distance, a row of trucks laden with vehicles are ready to enter the U. S. The auto industry in the US is feeling the heat of possible tariffs on autos from Canada and Mexico. Before February 1, the industry hasn't had a solid strategy but guess what, they need to
Issues are brewing at Costco. Most of Costcos' stores are prepared to strike with midnight coming closer. The notable Teamsters workers union persuaded thousands to back them. The company is refusing to cooperate in with union's demands. The Teamsters believe Costco needs will have to boost their o
In the fourth quarter of 2024, a big Swiss drug maker, Novartis, beat expectations but missed its own yearly goals. It announced a huge 16% jump in net sales. That's $13. 2 billion, way more than the estimated $12. 795 billion. The company's adjusted core operating income also surpassed expectation
Wine lovers in Argentina faced an interesting challenge. They had to make tough choices, not just about their favorite drinks but also how sure they were about those choices. Instead of just listing what they liked, these folks had to think about how confident they were in their selections. This is
Big changes are coming to top positions here - A major switch in managing leadership has happened at City National Bank Two key people are stepping in to oversee entertainment banking and private wealth. Kelly did a great job leading that group. But she's stepping away for new challenges.
Imagine this: the world's second-largest fashion retailer H&M has just released its year-end numbers. The story isn't super straightforward, and it's not just about the sales. It's no surprise that H&M's stock took a hit recently. Sales for the last quarter of 2024 were a bit of a disappoi
Tariffs. They're a big worry for many businesses, especially Tesla. The electric car giant is super reliant on parts from all around the globe. But that's a problem. The company's top money expert just warned that new tariffs might shrink the company's earnings. The company's CFO, didn't
First off, this is not the first rodeo for MoviePass. When it kicked off again in 2023, it had something new on its mind: exploring the possibilities of web3 and blockchain technology. MoviePass wants to understand if its patrons are interested in this digital ledger concept that puts control o
Tesla recently shared its financial report for the last quarter of 2024. The company, under the leadership of Elon Musk, saw a significant drop in profits. Compared to the previous year, Tesla's earnings fell from $7. 9 billion to $2. 3 billion, a notable decline. However, it's essential to remember
Tesla's fourth-quarter earnings report wasn't what Wall Street expected. They made about $25. 71 billion, which was less than the predicted $27. 22 billion. This news caused their stock to drop by about 4%. The company's been facing tough competition from cheaper electric cars, especially from China
