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General Motors pivots focus to its Super Cruise technology, aiming for significant revenue growth by enhancing driver assistance systems and expanding its advanced fleet.
Shell predicts a robust recovery in oil and gas reserves with an 85% replacement ratio for 2024, indicating strong exploration momentum and strategic asset management.
Tullow Oil Plc explores asset sales to strategically manage debt, focusing on core West African assets and production forecasts amid leadership changes.
Toyota maintains its lead as the top automaker in 2024, despite challenges in Japan and China. Focus on hybrids boosts global success.
Volkswagen's financial struggles continue as insiders suggest more job cuts may be necessary. The brand delays its profitability targets in the face of intense competition and evolving market demands.
Nissan Motor Corp. announces U.S. production cuts to boost financial health, part of a strategy including a global 20% capacity cut and workforce reductions.
The EU addresses electrification challenges and foreign competition to secure the future of its automotive industry. Discussions emphasize emissions, trade, and infrastructure development for sustainable growth.
Shell and Thebe Investment Corp. near resolution on $1 billion valuation dispute, potentially paving the way for the sale of Shell's South African assets and impacting the region's oil sector dynamics.
FSIS warns consumers about potential bone fragment contamination in Wegmans frozen chicken nuggets, urging caution and offering refunds.
F5 Inc. sees record-high stock prices after a stellar first-quarter earnings report, reflecting strong earnings, revenue growth, and improved financial outlook.
The U.S. upstream oil and gas sector achieved $105 billion in deals in 2024, marking it the third highest on record amidst shifting strategies and regional expansions.
Wabash beats Q4 revenue estimates but faces a significant sales decline and industry challenges. Despite a robust backlog, the company grapples with declining profitability and competitive market pressures.