General Motors is facing a huge financial setback. They just announced a $6 billion loss. This is because they are slowing down their electric vehicle (EV) plans. It's not the first time they've taken a hit. Back in October, they already reported a $1. 6 billion loss for the same reason. This chang
General Kyrylo Budanov, a prominent figure in Ukraine's military intelligence, has been appointed as the new chief of staff by President Volodymyr Zelenskyy. This change comes at a crucial time, as Russia's invasion of Ukraine approaches its fourth year. Budanov takes over from Andrii Yermak, who re
General Motors (GM) is having a stellar year in the stock market. As of the last trading day, its shares have climbed over 55%, reaching an all-time high of more than $80 per share. This is the best performance since the company's comeback after bankruptcy in 2009. Several things are fueling this g
Antonio Brown, the former NFL star, is heading back to Miami to face serious charges. He chose not to fight being sent back to Florida from a New Jersey jail. This decision came after his arrest in Dubai, where he had been living. Brown is accused of a shocking act. After a boxing match, he alleged
Antonio Brown, a former NFL wide receiver, is in serious trouble. He was recently arrested for attempted murder after a shooting incident in Miami. Police say he grabbed a gun from a security guard and fired at a man he had fought with earlier. The victim, Zul-Qarnain Kwame Nantambu, was hurt but su
General Motors (GM) is feeling the heat in the electric vehicle (EV) market. After a brief surge in sales due to a soon-to-expire federal tax credit, the company is now facing some tough realities. The Trump administration's policies have made things even harder, with changes in regulations, cancele
General Motors is making big changes to its electric vehicle (EV) plans. The company is cutting about 5, 500 jobs, with 1, 750 people being laid off indefinitely. This is part of a larger strategy to adjust to slower EV sales and new rules. One of the main changes is at the Factory Zero plant in De
General Motors (GM) recently let go of over 200 salaried employees, mainly from its Technical Center in Warren. This move came just days after the company raised its profit expectations for the year, which led to a significant boost in its stock prices. The company stated that these job cuts were du
Antonio Gracias, the CEO of Valor Equity Partners, has stepped down from his role at the Department of Government Efficiency (DOGE). This move comes after questions were raised about the potential risks his dual roles posed to the nine public pension funds that Valor manages, totaling nearly $2 bill
Antonio Filosa, the newly appointed CEO of Stellantis, has a lot on his plate. At just 51 years old, he's taking the reins of a company that's been struggling. Stellantis, which owns brands like Jeep, Ram, Fiat, and Chrysler, has seen its sales drop and profits shrink. Filosa's predecessor, Carlos T
