In a country where big trucks are a big deal, those pickups and SUVs represent a big percentage of auto loans that come with a sizable monthly payment, more than $1,000 a month, according to new data. Experian Automotive’s analysis of more than 5 million open auto loans and leases in the first quarter shows … Read more
From the Dayton, Ohio, suburbs to boardrooms in Dallas, the employees fueling AT&T’s next wave of growth aren’t fresh-faced college graduates with expensive four-year degrees. They’re skilled, blue-collar workers ready to get their hands dirty — and AT&T can’t find enough of them. “We need people who know how to actually work with electricity. We … Read more
Ford Motor may be primed to become a strong play on buzzy market trends as it ramps up its new battery energy storage systems, or BESS, business, according to a few shops on the Street. On Monday, the automobile company said it would supply up to 20 gigawatt-hours of storage capacity to renewable power developer … Read more
Check out the companies making the biggest moves in midday trading: Dominion Energy — Shares popped more than 9% after NextEra Energy announced a deal to acquire the company in an all-stock transaction. NextEra said the combination of the two companies will create the world’s largest regulated electric utility business. NextEra shares were down about … Read more
Check out the companies making the biggest moves in midday trading: Microsoft — Shares rose nearly 4% after Pershing Square’s Bill Ackman said he has been accumulating stock in the software company since its the stock fell in the wake of its second-quarter earnings report. The hedge fund manger disclosed the investment, but not its … Read more
HALIFAX, NOVA SCOTIA — Michael MacGillivray sees the arrival of Chinese electric vehicles in Canada as a potential game changer. “I think it is going to a be a huge eye opener,” said MacGillivray, who oversees 10 dealerships in Nova Scotia and New Brunswick, Canada. As the CEO of Century Auto Group and SIGMA Auto Group, … Read more
The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — As artificial intelligence expands, it threatens to exacerbate a growing trend for America’s largest automakers: the elimination of white-collar workers. The “Detroit Three” automakers have together cut more than 20,000 U.S. salaried … Read more
President Donald Trump and a cavalcade of American business leaders landed in Beijing Wednesday for talks with Chinese leader Xi Jinping, and market bulls are following. Chinese stocks, ETFs and related themes posted some of the biggest rallies in months. Shares of e-commerce giant Alibaba surged 8% despite reporting earnings in the morning that missed … Read more
Stocks tied to semiconductors, aerospace and electric vehicles are likely to be in focus as President Donald Trump begins high-stakes talks with Chinese leader Xi Jinping in Beijing. Trump arrived in China for his second visit , with tariffs, rare earths, artificial intelligence, Taiwan and the Iran conflict expected to dominate discussions. The summit comes … Read more
Eric Haan, director of the Stellantis Poissy plant, poses for a portrait next to cars at the Stellantis multinational car manufacturer’s plant in Poissy, west of Paris, on April 15, 2026. Simon Wohlfahrt | Afp | Getty Images LONDON — A recent tie-up between Jeep maker Stellantis and China’s Leapmotor is seen as a watershed … Read more