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Tesla sales plunge across Europe
Tesla’s sales continue to dive across Europe even as car buyers there increasingly buy electric vehicles.
GM CEO Mary Barra: Tariffs will cost us $5 billion, and prices ‘will stay at the same level’
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year. But in an interview on CNN, CEO Mary Barra said the company doesn’t necessarily expect to pass those higher costs onto consumers in the form of elevated prices.
Trump to sign executive order easing auto tariffs
President Donald Trump is set to sign an executive order on Tuesday to ease auto tariffs, White House press secretary Karoline Leavitt announced, the latest abrupt shift in a rapidly changing tariff policy that has left businesses scrambling to keep up.
America’s biggest exporter was already on the ropes. Then came tariffs
Boeing’s problems the last six years have been legion. Tariffs could be yet another gut punch for the beleaguered company – and, given Boeing’s importance as the top US exporter, for the economy as a whole.
Elon Musk is going back to Tesla. But is it too late to reverse the damage he’s done?
Elon Musk says he’s going back to Tesla. The question now is whether or not its too late to reverse the damage that’s been done.
Boeing shares fall on report that China has halted its deliveries as part of trade war
Shares of Boeing fell Tuesday following a report that China has halted the delivery of all its jets to airlines in the country as part of an escalating trade war that has enveloped the world’s two biggest economies.
Allstate expects $1.1 billion loss from California fires
Allstate Insurance says it will pay out $1.1 billion in claims caused by the wildfires that swept through Southern California in January. While the expected payout is significant, Allstate said Wednesday it was able to limit its losses partly by pulling back from the California market. Many insurers, including Allstate, have been canceling homeowners’ policies in many areas of California due to growing threat of wildfires — leaving many homeowners with more expensive and often limited alternatives, or with no insurance coverage at all.
Starbucks union goes on strike in three cities
Members of Starbucks Workers United staged their first strike in 13 months Friday and plan an escalating strike between now and Christmas Eve in what would become the union’s largest work stoppage since the organizing campaign started at the coffee retailer three years ago.
Thousands of Amazon drivers have gone on strike in the thick of the holiday package season
Amazon drivers went on strike in four states across the country with less than a week to go before Christmas – but the company is saying it’s not going to affect your holiday deliveries.
There were 458 workplace murders last year. They’ve become disturbingly frequent
On the day after Easter 2023, Dana Mitchell went to work, grabbed a coffee and walked to the conference room for the regular Monday morning meeting. She was talking to a co-worker about his tan from a vacation.