Category : Markets

General Motors on Tuesday announced a multibillion-dollar charge related to the realignment of its electric vehicle (EV) strategy following the release of its 2025 financial results and its guidance for 2026. GM reported that its net income attributable to stockholders was $2.7 billion with an EBIT-adjusted $12.7 billion. The Detroit......

Nike is planning to cut nearly 800 jobs amid an automation push at the footwear and apparel giant’s distribution centers. The company is cutting 775 jobs that will primarily impact jobs at the retailer’s distribution centers in Tennessee and Mississippi as the company looks to automate more of its supply......

The New York Stock Exchange’s quiet expansion into Texas is gaining rapid traction, with NYSE President Lynn Martin revealing that more than 100 companies have already dual-listed on NYSE Texas in under a year — a milestone that underscores Wall Street’s accelerating pivot toward the Lone Star State’s pro-business climate.......

Another major financial giant is planting its flag in Florida. Wells Fargo confirmed to Fox News Digital that it is moving its wealth management headquarters to West Palm Beach, underscoring a growing exodus of money and corporate influence from traditional financial hubs to low-tax, business-friendly states. The relocation makes Wells......

A handful of discounted staples can effectively offset the cost of a Costco membership, according to a recent report on the retailer’s biggest savings. The club’s $65 annual Gold Star Membership, or $130 Executive membership, may look steep to budget-minded shoppers, but the math can flip quickly: a few well-chosen......

Patriotism is on the upswing with that momentum coinciding with President Trump’s first year of his second term.  The 1789 Capital Growth Equity Fund, which invests in U.S. security and capitalism plays, saw assets swell to $2 billion through December 31, 2025, after starting the year at just $200 million.......

An estimated 6.5 million Americans will retire in 2026. Are you one of them? If so, you’ve likely already begun to consider where you might settle down and spend your golden years. You might even be considering buying a home just for your retirement. Before you make that leap, it’s......

Hilton Hotels announced on Tuesday that it was ending its relationship with an independently owned Minneapolis-area hotel after a newly released video appeared to confirm that the property was still refusing to accommodate Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) agents. The decision came shortly......

Hilton Hotels said it is investigating an independently owned Minneapolis-area property after the Department of Homeland Security (DHS) alleged law enforcement officers were refused service, a dispute that has renewed scrutiny of the company’s long-standing opposition to immigration-related activity at its hotels. Emails shared on social media by DHS and......

AT&T is planning to build a new corporate headquarters outside downtown Dallas in the suburban city of Plano, the company said in a letter to employees on Monday. CEO John Stankey said in a letter to AT&T employees that the company plans to relocate its headquarters, which has been in......