Stellantis laying off 2,450 plant workers due to discontinuation of Ram ‘Classic’ pickup truck

The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show…

E.l.f. Beauty sales jump 50% on gains in color cosmetics and skin care, launch of Bronzing Drops serum

E.l.f. Beauty‘s growth story is still going. The cosmetics retailer on Thursday blew past quarterly estimates…

Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO

Kelly Ortberg, chief executive officer of Rockwell Collins Inc., stands for a photograph at the company’s…

Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs

DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad…

Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays

Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher…

Bill Ackman’s IPO of Pershing Square closed-end fund is postponed, NYSE says

Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor…

General Motors is set to report earnings before the bell

A GMC pickup truck is displayed for sale on a lot at a General Motors dealership…

Warner Bros. Discovery tells NBA it intends to match Amazon’s media rights package

Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to…

Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska…

Delta cancels hundreds more flights in struggle to recover from Microsoft outage

Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington,…