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Jeep maker Stellantis to lay off an unspecified number of factory workers in the coming months
Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday. The statement comes as the company faces increased capital spending to make the transition from gasoline vehicles to electric autos. It also has reported declining U.S. sales in the first quarter, and it has higher costs due to a new contract agreement reached last year with the United Auto Workers
1 min read - BusinessMotley Fool
Why BigBear.ai, Super Micro Computer, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Surged on Tuesday
Developments involving another key player in AI helped boost others in the space.
5 min read - BusinessReuters
Exclusive-EU concerned about KKR, Telecom Italia deal impact on wholesale competition, sources say
European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia's (TIM) fixed-line access network by U.S. investment firm KKR could hamper Italy's wholesale market, people familiar with the matter said on Tuesday. Such regulatory worries could lead to a lengthy investigation of the deal and put pressure on KKR to offer significant remedies. KKR is buying TIM's domestic network for up to 22 billion euros ($23.5 billion) in a deal that would mak
2 min read - USBBC
Columbia University extends remote learning amid Gaza war protests
The hybrid learning comes amid reports of antisemitic harassment around Columbia University.
4 min read - WorldReuters
Analysis-Argentina's Milei revs up chainsaw and blender in fiscal deficit attack
Argentina's libertarian President Javier Milei is revving up his attack on the country's deep fiscal deficit, doubling down on "chainsaw" spending cuts and "blender" austerity that squeezes purchasing power - and he hopes brings down rampant inflation. The embattled country, facing drained central bank reserves and annual inflation nearing 300%, posted a third straight monthly fiscal surplus in March, a reflection of Milei's laser focus on cost-cutting since taking office in mid-December. "Zer
3 min read - BusinessMotley Fool
NextEra Energy (NEE) Q1 2024 Earnings Call Transcript
NEE earnings call for the period ending March 31, 2024.
41 min read - BusinessMotley Fool
NextEra Energy Partners (NEP) Q1 2024 Earnings Call Transcript
NEP earnings call for the period ending March 31, 2024.
41 min read