Corporate/Finance: Page 2


  • The front badge of the Nissan Aiyra electric SUV.
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    Courtesy of Nissan Motor Co. Ltd
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    Nissan plans to cut 9,000 jobs as it slashes global production

    CEO Makoto Uchida said the cost-cutting move is in response to weak sales and a 90% drop in operating profit. 

    By Nov. 7, 2024
  • A man stands in front of a podium in a suit.
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    Bill Pugliano via Getty Images
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    Automotive groups react to Donald Trump’s victory

    Companies say they are now turning their focus on policies to protect and grow jobs.

    By Nov. 7, 2024
  • The 2025 Toyota RAV4 hybrid SUV.
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    Courtesy of Toyota Motor North America
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    Toyota’s Q2 profit falls by $1.8B, its first quarterly decline in 2 years

    The automaker cited several factors for the decline, including uncertain economic conditions, market demand and a more competitive environment.

    By Nov. 7, 2024
  • Two workers at Stellantis's Toledo, Ohio Assembly Complex installing the windshield on a blue Jeep Gladiator.
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    Courtesy of Stellantis
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    Stellantis to lay off 1,100 at its Toledo South Assembly Plant

    The layoffs are effective as early as Jan. 5, 2025. The automaker called it a “necessary action to reduce high inventory levels.”

    By Nov. 7, 2024
  • Republican presidential nominee former U.S. President Donald Trump speaks at a campaign rally at the Johnny Mercer Theatre on September 24, 2024 in Savannah, Georgia.
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    Brandon Bell via Getty Images
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    4 employment actions to expect under a second Trump presidency

    Employers are likely to see immigration raids, agency chair replacements and a slowing in regulatory activity, experts at Littler predicted.

    By Emilie Shumway • Nov. 6, 2024
  • Subaru WRX dealer lot
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    jetcityimage via Getty Images
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    Subaru anticipates 15% drop in 2025 profits

    The automaker reported a 20% sales decrease — including a 10% decline in the U.S. — during the first half of its fiscal year.

    By Nov. 6, 2024
  • A red 2024 Volkswagen Tiguan SUV driving on a highway.
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    Courtesy of Volkswagen Group
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    Volkswagen’s Q3 revenue drops by 41.7% YoY

    The automaker attributed the decline to slowing sales in the China market, restructuring expenses for its passenger cars business and investments in new products.

    By Nov. 5, 2024
  • Stellantis Dodge Charge Daytona SRT
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    Provided by Stellantis

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    Stellantis Q3 year-over-year revenue nosedives 27%

    The automaker shipped fewer new vehicles during the quarter as it prioritizes EV rollouts and selling excess inventory.

    By Nov. 4, 2024
  • A corporate photo of Ford Integrated Services CEO Peter Stern.
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    Courtesy of Ford Motor Co.
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    Ford Integrated Services unit chief departs for Peloton

    Peter Stern's team was tasked with building out the automaker’s BlueCruise hands-free highway driving system and other key technology projects.

    By Updated Nov. 11, 2024
  • A view of office buildings on October 27, 2022 in San Francisco, California.
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    Justin Sullivan via Getty Images
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    Employers willing to pony up for in-office work, Robert Half says

    Companies are offering return-to-office premiums of up to 20% for new hires, the consulting firm’s recent managers’ survey found.

    By Ryan Golden • Oct. 31, 2024
  • A woman speaks to colleagues on a video connection.
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    SDI Productions via Getty Images
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    More than half of older US workers say ageism hinders their hiring

    Few workers over age 50 feel optimistic about their job search in coming months, a new report shows.

    By Carolyn Crist • Oct. 30, 2024
  • Ford F-150 pickup truck 2024
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    jetcityimage via Getty Images
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    Warranty spend weighs on Ford’s Q3 profit

    The automaker said it would be on pace for record profit in 2024 if it weren’t for higher-than-expected warranty costs.

    By Oct. 30, 2024
  • Volvo XC90 AWD luxury SUV
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    Artistic Operations via Getty Images
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    Volvo dials back full-year growth projections

    However, Volvo Cars’ CEO Jim Rowan believes reluctant buyers will be swayed when the automaker introduces its expanded EV and hybrid lineup.

    By Oct. 29, 2024
  • Mercedes-Benz workers assemble the EQS SUV
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    Courtesy of Mercedes-Benz
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    Mercedes-Benz Q3 earnings tumble amid subdued world economy

    The automaker blamed lower vehicle sales on weak demand in many global markets, especially China, where the luxury segment struggled.

    By Oct. 29, 2024
  • BMW i8 BMW North America
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    Artistic Operations via Getty Images
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    BMW of North America shuffles C-suite leadership

    The automaker names new executives to lead its eastern and western operations after its U.S. sales slip.

    By Oct. 28, 2024
  • Two people prepare to enter a Waymo ride-haling vehicle in San Francisco.
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    Courtesy of Waymo
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    Waymo raises $5.6B to expand ride-hailing operations

    The company, which spun out of Google’s self-driving car project, aims to be the first to scale commercial robotaxis across the U.S.

    By Oct. 28, 2024
  • The 2024 Hyundai Santa Fe SUV on a dirt road with tress in the background.
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    Courtesy of Hyundai Motor America
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    Hyundai revenue grows 4.7% YoY in Q3

    The automaker’s hybrid sales increased nearly 30% in the U.S. year over year.

    By Oct. 25, 2024
  • A technician trains another on a boiler.
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    Sturti via Getty Images
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    Growth mindset culture drives workplaces forward, report says

    While executives think they lead growth mindset by example, more than half of workers surveyed said they don’t see evidence of that.

    By Laurel Kalser • Oct. 25, 2024
  • Tesla Cybertruck
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    Brandon Woyshnis via Getty Images
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    Tesla Q3 profits boosted by rising Full Self-Driving revenue

    CEO Elon Musk said rapid advancements with FSD have made it challenging to find flaws in the technology.  

    By Oct. 24, 2024
  • a tech training session featuring an instructor and a student sitting at their computer.
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    Weedezign via Getty Images
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    Few mid-career and older workers use AI at work — yet

    Many employers are offering some form of training support for workers using AI, including both formal programs and informal resources.

    By Carolyn Crist • Oct. 24, 2024
  • OSHA, workplace safety, independent board members, shareholder returns, liability
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    syahrir maulana via Getty Images
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    Independent boards found to enhance worker safety

    The positive impact is heightened in companies dominated by long-term investors, researchers say in an academic paper.

    By Robert Freedman • Oct. 22, 2024
  • An aerial view of flooding from Hurricane Helene.
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    Mario Tama via Getty Images
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    5 tips for businesses filing hurricane-related insurance claims

    With Hurricanes Helene and Milton estimated to have cost tens of billions of dollars in damage, it’s important for businesses to carefully document the impact.

    By Maura Webber Sadovi • Oct. 17, 2024
  • A charging Volvo EX30 small SUV
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    Courtesy of Volvo Cars
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    Volvo Cars deputy CEO steps down

    The automaker announced several leadership changes as it attempts to navigate geopolitical and macroeconomic uncertainties.

    By Oct. 17, 2024
  • A man standing next to a Jeep
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    Courtesy of Stellantis
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    Stellantis makes sweeping leadership changes

      The automaker parted ways with its CFO, named a new North America COO and confirmed its CEO’s plans to retire.

    By Oct. 11, 2024
  • The 2025 Ram 1500 REV
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    Courtesy of Stellantis
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    Quarterly sales roundup

    Stellantis US sales tank in Q3 while Tesla charges ahead

    Many automakers reported electric vehicle sales growth in the quarter, regardless of their overall sales numbers.

    By Updated Nov. 14, 2024