GM announced plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.
June 11, 2025Latest News Updates From Michelle Chapman
GM to Invest $4B to Shift Some Production From Mexico to US
Procter & Gamble to Cut Up to 7,000 Jobs
Procter & Gamble will cut up to 7,000 jobs over the next two years as the maker of Tide and Pampers wrestles with tariff-related costs and customers who have grown anxious about the economy.
June 5, 2025Dollar General Posts Record Sales as Shoppers Pinch Pennies
Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.
June 3, 202591ÊÓÆµ Depot Revenue Rises as Customers Tackle Small Projects
91ÊÓÆµ Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects.
May 20, 2025General Motors Trims 2025 Guidance
General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto tariffs as high as $5 billion in 2025.
May 1, 2025Dollar Tree Sells Family Dollar for $1 Billion
Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion after a decade of trying to make its acquisition of the bargain chain fit.
March 26, 202591ÊÓÆµ Depot Breaks Same-Store Sales Slump in Q4
91ÊÓÆµ Depot broke a two-year slump in same-store sales during the fourth quarter as customer demand improved in a housing market that has been buffeted by soaring mortgage rates.
February 25, 2025GM Reports Q4 Loss on Charges Related to China
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.
January 28, 2025Investor Seeks to Quash US Steel-Nippon Deal
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
January 27, 2025Exxon Mobil Profit Tops Q3 Expectations
Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition.
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