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GM’s Wall Street vindication is happening as it outperforms its peers in 2024

GM’s Wall Street vindication is happening as it outperforms its peers in 2024

Business News

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024.  Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is proving it’s a standout among automakers this year as it continues to consistently outperform Wall […]

GM’s Wall Street vindication is happening as it outperforms its peers in 2024 Read More »

Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult website on packaging

Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult website on packaging

Business News

Still from the film “Wicked” Source: Universal Studios Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand. The toy company has been forced to pull its line of character dolls after a package misprint. Instead of listing the website for Universal’s “Wicked” movie, boxes featured a link to

Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult website on packaging Read More »

Painting the town pink and green: ‘Wicked’ takes over retail ahead of theatrical debut

Painting the town pink and green: ‘Wicked’ takes over retail ahead of theatrical debut

Business News

Cynthia Erivo and Ariana Grande star as Elphaba and Glinda in Universal’s “Wicked.” Universal “Barbie” painted the town pink in 2023, and now “Wicked” is upping the ante by adding a splash of green. Universal‘s theatrical retelling of the famed Broadway musical is creating buzz ahead of its Nov. 22 release with hundreds of merchandise

Painting the town pink and green: ‘Wicked’ takes over retail ahead of theatrical debut Read More »

MLB, Braves object to Diamond Sports reorganization plan, question company’s future viability

MLB, Braves object to Diamond Sports reorganization plan, question company’s future viability

Business News

A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images Major League Baseball and the Atlanta Braves have raised issues with the reorganization plan and future viability of Diamond Sports Group, the country’s largest owner of regional sports networks, according to a Friday bankruptcy court filing.

MLB, Braves object to Diamond Sports reorganization plan, question company’s future viability Read More »

Philadelphia Phillies capital raise values the team at around billion

Philadelphia Phillies capital raise values the team at around $3 billion

Business News

Philadelphia Phillies managing partner and principal owner John Middleton signs autographs prior to the 2024 London Series game between the New York Mets and the Philadelphia Phillies at London Stadium in London on June 9, 2024. Daniel Shirey | Major League Baseball | Getty Images The Philadelphia Phillies recently raised close to $500 million in

Philadelphia Phillies capital raise values the team at around $3 billion Read More »

Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal

Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal

Business News

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images DETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are “impossible” to meet and, if they’re not changed,

Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal Read More »

GM’s Wall Street vindication is happening as it outperforms its peers in 2024

Lucid slightly tops Wall Street’s third-quarter expectations amid widening losses

Business News

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Lucid Group slightly beat Wall Street’s third-quarter expectations as the electric carmaker cuts costs ahead of plans to begin consumer production of a new SUV by the end of

Lucid slightly tops Wall Street’s third-quarter expectations amid widening losses Read More »

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

Business News

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Rivian Automotive lowered its earnings forecast for the year after missing Wall Street’s third-quarter expectations, including a significant miss in revenue. Here’s how the company performed in the quarter, compared with

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations Read More »

Steve Madden to slash China sourcing by as much as 45% as Trump’s tariff plan looms

Steve Madden to slash China sourcing by as much as 45% as Trump’s tariff plan looms

Business News

The logo of the label Steve Madden at the fashion fair Premium.  ens Kalaene | Picture Alliance | Getty Images Steve Madden said Thursday that it will slash the goods it imports from China by as much as 45% over the next year as it braces for President-elect Donald Trump to carry out his pledge

Steve Madden to slash China sourcing by as much as 45% as Trump’s tariff plan looms Read More »

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