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This Ford vs. GM Feud Could Shape the Future of EVs in America
Business

This Ford vs. GM Feud Could Shape the Future of EVs in America

The Biden administration’s decision on a $7,500 tax credit could determine China’s role in the U.S. electric-vehicle industry. Source link

The New Face of Nuclear Energy Is Miss America
Business

The New Face of Nuclear Energy Is Miss America

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How Kroger Became the Biggest Sushi Seller in America
Business

How Kroger Became the Biggest Sushi Seller in America

Millions of shoppers agree: It’s OK to eat supermarket sushi.  At U.S. retailers, sales are up over 70% in the past year. Source link

China's Worsening Economy Is Hurting Corporate America
Business

China's Worsening Economy Is Hurting Corporate America

Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link

Why America's Largest Tool Company Couldn't Make a Wrench in America
Business

Why America's Largest Tool Company Couldn't Make a Wrench in America

A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed

Bonds Are a Problem, and One Solution, for Bank of America
Finances

Bonds Are a Problem, and One Solution, for Bank of America

Trading bonds is working out better than holding them. Source link

US banking concerns shift from crisis to growth woes By Reuters
Finances

Bank of America, Pinterest, Chipotle rise premarket; Morgan Stanley falls By Investing.com

© Reuters. Investing.com — U.S. edged lower Tuesday, with investors digesting a deluge of corporate earnings ahead of the release of retail sales and industrial

Bank of America profit beats on boost from interest income, investment banking By Reuters
Finances

Bank of America profit beats on boost from interest income, investment banking By Reuters

© Reuters. FILE PHOTO: A sign for a Bank of America office is pictured in Burbank, California August 19, 2011. Bank of America Corp plans

Bank of America registers 6% Y/Y increase in Global Markets income in Q1 2023
Finances

Bank of America posts Global Markets income of $1.1bn for Q2 2023, up 9% Y/Y

Bank of America Corp (NYSE:BAC) has just released its financial report for the second quarter of 2023. Across all segments, net income rose 19% year-on-year

OptionMetrics acquires dividend forecast data provider Woodseer Global
Finances

Marex North America accounts to transfer to Marex Capital Markets Inc

As of July 14, 2023, all accounts carried by Marex North America (MNA) transferred to Marex Capital Markets Inc. (MCM), an affiliate under common control