General Motors, a big US car company, just took a massive $5bn hit because of its businesses in China. This is a big deal because China used to be their largest market. They said the losses came from changes in their business plans and some restructuring. This isn't great news for GM, as it means th
You know how time flies? DREAMS is celebrating its tenth birthday, and it's like they were just starting yesterday. But wait, there's more! They're not just reminiscing about the good old days; they're also planning for the future. It's like when you finish a big project and you're proud of what you
Jim Cramer, from CNBC, discussed the recent success of artificial intelligence (AI) in the business world, taking Salesforce as an example. He believes that the company's earnings show the true potential of AI in enterprise settings. Salesforce, a big player in enterprise software, reported higher-t
Jay-Z, a well-known business mogul in the music industry, has faced a setback with his luxury weed brand, Monogram. The brand, launched in 2020, was supposed to be a high-end product in the cannabis market. However, recent reports show that Monogram is struggling financially. The company has faced a
Hyundai's U. S. division is hitting new heights, with sales records shattering left and right. What's their secret? A mix of smart tech investments, a wide range of powertrain options, and quick decision-making, all guided by their leadership. Hyundai's not just focusing on electric vehicles. They'
The logistics business has been all over the place this year, making it tough for new and small companies to keep up. But a newcomer, Waggon, has not only survived but thrived. Starting with a goal to improve customer service in brokerages and treat employees well, Waggon is showing it can do both.
President-elect Donald Trump has made his stance on the potential purchase of U. S. Steel by Japanese steelmaker Nippon Steel very clear. In a post on his social media platform, Trump expressed his strong opposition, stating that he would use tax incentives and tariffs to strengthen the American ste
A Delaware judge has rejected Tesla's request to reconsider her decision to scrap CEO Elon Musk's massive $56 billion pay package, even after shareholders voted to approve it again. Judge Kathaleen McCormick explained that Tesla's legal team's arguments were flawed and against established laws. Tesl
Intel has seen some big changes just recently. The company's long-time CEO, Pat Gelsinger, has left the scene after over 40 years. A surprise announcement came this Monday, naming two other executives, David Zinsner and Michelle Johnston Holthaus, as temporary co-CEOs while they look for a new leade
In a significant move, Cargill, the globe's top agricultural commodities trader, has announced a 5% cut in its workforce. This decision comes after the company faced falling revenues due to declining crop prices. The Minnesota-based company has been working to enhance its competitiveness and adapt t
