Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit
Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings.
2025 › February › 26
72 days ago
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.
Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit
Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings.
GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.
House Republicans hit the brakes on town halls after blowback over Trump's cuts
A number of Republican lawmakers faced significant pushback in their home districts over Trump and Elon Musk's slashing of the federal government.
Mortgage rates drop to lowest since mid-December, but demand still falls short
Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.
Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.
Amazon unveils revamped Alexa with AI features for $19.99 per month, free for Prime members
Amazon has been working for years to overhaul Alexa with generative AI features as it faced rising competition from OpenAI's ChatGPT and other chatbots.
Block's Bitkey rolls out bitcoin inheritance fix for 'multibillion-dollar problem waiting to happen'
After announcing its bitcoin inheritance product in November, Block's Bitkey is rolling out the offering on Wednesday.
Eric Adams seeks total dismissal of criminal case for 'prosecutorial misconduct'
New York City Mayor Eric Adams has denied he agreed to cooperate with Trump immigration policies in exchange for his corruption case being tossed.