(Bloomberg) -- General Motors Co. plans to cut hundreds of salaried workers from its information technology ranks in an effort to trim costs and clear the way to bring in staff with skills in other technology areas. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksChina Confirms
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Investing.com -- The U.S. Court of International Trade (CIT) has ruled that President Trump’s 10% universal tariff, imposed under Section 122 of the Trade Act of 1974, is unlawful.
The US economy grew by 115,000 non-farm payroll jobs in April, according to the Bureau of Labor Statistics' (BLS) latest report, above economists' forecasts of 65,000. The national unemployment rate held steady at 4.3%. Acting US Secretary of Labor Keith E. Sonderling sits down with Yahoo Finance Senior Reporter Jennifer Schonberger to talk about the fresh labor data, citing "resiliency" in job growth amid domestic investments in the US from major companies. Sonderling took on the mantle of Acting Secretary of Labor after Lori Chavez-DeRemer resigned from the Trump Cabinet position on April 20.
If you've ever felt like pressing on your brake pedal seemed a lot like stepping on a giant sponge, chances are your vehicle needed some brake and clutch fluid. And if you've recently needed brake fluid and purchased ACDelco brand, this product recall is for you. On Thursday, May 7, the National ...
LCID posts wider-than-expected Q1 loss and misses estimates as write-downs, costs and supplier issues hit margins, even as revenues grow and liquidity gets a boost.
CMI beat Q1 2026 estimates as Power Systems and data-center power demand lifted margins, even as Engine and Components sales fell.
HOG Q1 EPS misses as tariffs and incentives squeeze HDMC margins, even with retail sales up and 2026 guidance reaffirmed.