Tavares clashed with Stellantis board over revival plan, sources say
In a Sept. 10 letter to Tavares, Stellantis national dealer council president Kevin Farrish complained that the pursuit of short-term profits meant "rapid degradation" of the Jeep, Dodge, Ram and ...
Toast shares down after Goldman Sachs downgrades
Investing.com -- Shares of Toast Inc (NYSE: TOST) down nearly 3% at $42.3 on Monday after Goldman Sachs downgraded the stock ...
Syrian opposition leader says Lebanon truce opened door to Aleppo assault
ISTANBUL (Reuters) - Syrian rebel fighters began preparations to seize Aleppo a year ago but the operation was delayed by war in Gaza and ultimately launched last week when a ceasefire took hold in ...
Citi completes split of Mexico business ahead of Banamex IPO
The move to split Grupo Financiero Citi México from Grupo Financiero Banamex is part of Citi's sweeping overhaul under CEO Jane Fraser aimed at simplifying its sprawling structure as it looks to ...
US construction spending beats expectations in October
The Commerce Department's Census Bureau said on Monday construction spending rose 0.4% after an unrevised 0.1% gain in ...
‘Tech mess’ paving the way for broadening, BTIG says
Investing.com -- According to a note from BTIG on Monday, the tech sector's ongoing weakness is raising concerns as markets ...
The Energy Report: Demand Coming Back
Again, if the early demand numbers coming out of Asia are of any consequence, we may need some extra oil this winter after all. Energy World reported that India’s fuel consumption witnessed a robust ...
Bumble CFO to step down next year amid growth challenges
In other leadership changes, Bumble's Chief Marketing Officer, Selby Drummond, is also departing in January next year, the ...
Chinese lidar sensors pose hacking risk to US defense equipment, report says
(Reuters) - Chinese-made lidar sensors could expose the U.S. military to hacking and sabotage during a conflict, according to a Washington think tank report released Monday that calls for a ban on ...
US manufacturing improves in November as orders rebound, input price gains slow
WASHINGTON (Reuters) - U.S. manufacturing activity improved in November, with orders growing for the first time in eight months and factories facing significantly lower prices for inputs. its ...
Lending stocks down after JPMorgan downgrades fintech players
Investing.com -- Shares of several fintech lenders fell on Monday after JPMorgan downgraded and revised target price of ...
This is when China is likely to present new 'significant fiscal stimulus' plan: DB
Investing.com -- Deutsche Bank analysts anticipate that China will unveil a "significant fiscal stimulus" package in March 2025, coinciding with the announcement of a 4.5% growth target.