Latest in Stellantis Says Moving Quickly to Cut U.S. Inventories
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Stellantis Says Moving Quickly to Cut U.S. Inventories
Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...Business - The Wall Street Journal - October 31 -
Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories
Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.Business - CNBC - October 31 -
Stellantis Plans to Cut 1,100 Jobs at U.S. Jeep Plant
Jeep maker Stellantis said it is cutting 1,100 jobs at a U.S. factory as it seeks to reduce high inventory levels that have weighed on its performance.Business - The Wall Street Journal - November 7 -
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U.S. Chip Toolmakers Move to Cut China From Supply Chains
Applied Materials and Lam Research are telling vendors to follow new restrictions, spurred by U.S. government pressure.Tech - The Wall Street Journal - November 4 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
Universal Music Group will move to U.S. exchange in 2025, Ackman says
Antisemitic violence in Amsterdam following a soccer match prompted Bill Ackman's decision to move his publicly traded company and UMG out of the Netherlands.Business - CNBC - November 9 -
Trump moves quickly to announce picks for Cabinet, administration positions
President-elect Donald Trump is moving quickly to fill key spots in his incoming administration. On Friday night, he tapped campaign spokesperson Karoline Leavitt as White House press secretary, a ...Top stories - CBS News - November 16 -
Khanna: Musk may get 'frustrated fairly quickly' with process to cut government jobs, spending
California Rep. Ro Khanna (D) said Elon Musk may get “frustrated” while working through the ranks to cut unnecessary government spending. “I think Elon may get frustrated fairly quickly,” Khanna ...Politics - The Hill - 2 days ago -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - October 30 -
OpenAI CEO Sam Altman says new AI model is taking a while because 'we can't ship' as quickly as hoped
OpenAI CEO Sam Altman said that GPT-5, the company's next probable large AI model, likely won't come this year.Business - CNBC - October 31 -
Trump hush money case needs a ‘finite resolution’ quickly, says fmr. Manhattan assistant DA
The judge in President-elect Donald Trump’s hush money case postponed his sentencing but gave no indication on whether he would dismiss the case completely. Former Manhattan Assistant District ...Politics - NBC News - Yesterday -
U.S. and Europeans Move to Censure Iran for Nuclear Secrecy
Before Donald J. Trump takes office, the West wants to call out Iran for failing to adhere to treaty obligations to be transparent about its nuclear past and present.World - The New York Times - 3 days ago -
Deadly weather system moving across the U.S.
A bomb cyclone that is moving away from the West and toward the Midwest turned deadly. This comes as another weather system is headed toward the West. CBS News Sacramento's Sakura Gray reports.Top stories - CBS News - 2 days ago -
Moving in with someone cuts chances of being depressed, finds study
Being married or in ‘marriage-like’ situation may bring health benefits – but quality of relationship is key, say experts. They were portrayed as self-satisfied and insufferable by Bridget Jones’s ...World - The Guardian - November 4 -
F1 to move Canadian Grand Prix slot on calendar in drive to cut travel
Formula 1 will move the Canadian Grand Prix to a new slot in May from 2026 in an effort to cut down on travel and its environmental impactSports - ABC News - 5 days ago -
Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports
On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.Business - Inc. - October 29 -
Europe Urges Trump to Support Ukraine but Braces for Possible Cut in U.S. Aid
European leaders have discussed how to help Ukraine fend off Russia without Washington’s support, even as they try to convince the president-elect not to cut aid to Kyiv.World - The Wall Street Journal - November 8 -
U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.Business - The New York Times - November 13 -
U.S. allies warn of 'hybrid warfare' after two undersea cables cut
U.S. allies warned of "hybrid warfare" Tuesday after two undersea communication cables were severed in the Baltic Sea, raising suspicions that they may be the latest acts of sabotage targeting the ...Top stories - NBC News - 4 days ago -
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These 3 struggles sent this retired couple back to the U.S. after a move overseas
Moving to Portugal in retirement was a dream — but they weren’t ready for the reality.Business - MarketWatch - November 2 -
10-year Treasury yield ends lower after strong auction as investors await election results
Long-dated Treasury yields erased their rise to end lower Tuesday following an auction of 10-year notes that met solid demand as investors awaited the outcome of the U.S. presidential election.Business - MarketWatch - November 5 -
Searches for 'moving to Canada' spike during U.S. presidential election
As election night wore on and Vice President Kamala Harris' path to 270 electoral votes dwindled, some Americans were contemplating a move to the Great White North, Google data shows.Politics - The Hill - November 6 -
The U.S. Air Force Strategy That Flexport Uses to Move Billions in Merchandise
Ryan Petersen’s Flexport technology moved $32 billion worth of merchandise in 2023 alone.Business - Inc. - November 13 -
‘No Use for Hatred’: A Village Seeks to Move On From a U.S. Massacre
The hamlet of My Lai is infamous for American war crimes, but now it holds lessons in resilience and how to let go of anger.Top stories - The New York Times - November 17 -
How quickly are prices rising in the UK?
The rate at which prices are rising has dropped below the Bank of England's target of 2%.Top stories - BBC News - November 7 -
Wholesale inventories fall for first time in six months in sign of business caution
Wholesale inventories fell 0.2% in September to mark the first decline in six months, reflecting caution on the part of businesses until they get more clarity on the direction of the U.S. economy.Business - MarketWatch - November 7 -
U.S. Says It Killed Islamic State Militants in Syria
Airstrikes on Monday targeted people who the military said were senior leaders of the group, which has sharply stepped up its attacks in Iraq and Syria.World - The New York Times - October 30 -
Iranian-American journalist held in Iran, U.S. says
Reza Valizadeh had worked for Radio Farda, an outlet under Radio Free Europe/Radio Liberty that's overseen by the U.S. Agency for Global Media.Top stories - CBS News - November 3 -
Polymarket plans U.S. return after signaling Trump election win, founder says
Betting platform Polymarket halted U.S. operations in 2022, but plans to bring its prediction markets back to customers in the United States.Business - CNBC - November 8 -
4 smart home equity moves to make now that the Fed cut rates again
The Federal Reserve has issued another rate cut. Here are four smart moves home equity borrowers should make now.Top stories - CBS News - November 8 -
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Cop29 live: ministers told to ‘cut theatrics’, ‘move faster’ and ‘get down to business’ amid growing frustration at slow progress
Cop29 president calls for faster action as progress to agree a climate finance deal slows. Climate crisis to blame for dozens of ‘impossible’ heatwaves How usual is it to have G20 happening at ...World - The Guardian - 5 days ago -
Agent's Take: Why Jets cutting ties with Aaron Rodgers after 2024 season would be prudent move for franchise
With the math adding up, it's time for the Jets to move on from the future Hall of Fame QBSports - CBS Sports - 3 days ago -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
UK needs big emissions cut, climate watchdog says
The government's advisers say faster action is needed but the UK has the tools to achieve this.Top stories - BBC News - October 26