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Jeep parent Stellantis announces  billion U.S. investment plan

Jeep parent Stellantis announces $13 billion U.S. investment plan

A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images DETROIT — Chrysler and Jeep parent Stellantis plans to invest $13 billion in U.S. manufacturing operations over the next four years, as […]

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Walmart teams up with OpenAI to allow purchases directly in ChatGPT

Walmart teams up with OpenAI to allow purchases directly in ChatGPT

Serene Lee | SOPA Images | Lightrocket | Getty Images Walmart said Tuesday it has struck a deal with OpenAI to allow shoppers to make faster purchases directly through artificial intelligence chatbot ChatGPT. With the move, the retail giant and largest U.S. grocer is trying to keep up with changes in how consumers discover items to buy. Along

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‘The job is stressful enough’: Air traffic controllers get partial paychecks as government shutdown heads for third week

‘The job is stressful enough’: Air traffic controllers get partial paychecks as government shutdown heads for third week

An airplane takes off the control tower at Reagan National Airport in Arlington, Virginia, on Oct. 8, 2025. Brendan Smialowski | AFP | Getty Images U.S. air traffic controllers have received partial paychecks, their union said Tuesday, and they could miss their next paychecks altogether if the shutdown lasts another two weeks. “The job is

‘The job is stressful enough’: Air traffic controllers get partial paychecks as government shutdown heads for third week Read More »

Jamie Dimon says auto company bankruptcies reveal ‘early signs’ of excess in corporate lending

Jamie Dimon says auto company bankruptcies reveal ‘early signs’ of excess in corporate lending

Jamie Dimon, CEO of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, D.C., on March 12, 2025. Al Drago | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Tuesday that bankruptcies in the U.S. auto market are a sign that corporate lending standards grew too lax in the

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Rockefeller Capital secures backing from Chanel dynasty’s family office and others

Rockefeller Capital secures backing from Chanel dynasty’s family office and others

Greg Fleming, Rockefeller Capital Management president and CEO, speaks during CNBC’s ‘Squawk Box’ on July 10, 2025. CNBC Rockefeller Capital Management, the wealth manager born from John D. Rockefeller’s family office, has raised new funds from investment firms of other ultra-rich families, CNBC has learned. On Tuesday, Rockefeller plans to announce the recapitalization and its

Rockefeller Capital secures backing from Chanel dynasty’s family office and others Read More »

Goldman Sachs tops estimates on better-than-expected investment banking, bond trading

Goldman Sachs tops estimates on better-than-expected investment banking, bond trading

David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box on April 22nd, 2025. CNBC Goldman Sachs reported third-quarter earnings before the opening bell Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings per share: $12.25, vs. expected $11 a share Revenue: $15.18 billion, vs. expected

Goldman Sachs tops estimates on better-than-expected investment banking, bond trading Read More »

GM to take .6 billion charge related to EV pullback

GM to take $1.6 billion charge related to EV pullback

A Chevrolet Silverado EV and a Chevrolet Brightdrop, which is assembled in Canada, are seen on display at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2025.  Carlos Osorio | Reuters DETROIT — General Motors’ third-quarter results next week will include a $1.6 billion impact from its all-electric vehicle plans not playing out

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Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

Dana Walden and Josh D’Amaro. Michael Buckner | Errich Petersen | Getty Images As 2025 enters its final months, Disney inches closer to the announcement the entire entertainment industry has been waiting for — who will take over for Bob Iger as the company’s next CEO. Disney has publicly stated it will name Iger’s successor

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea Read More »

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. Drew Angerer | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings per share: $4.84, according

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects Read More »

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