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Ford shares dropped by more than 4% in after-hours trading following the announcement of quarterly results and guidance that fell short of expectations. Ford reported $46 billion in…

Boeing just announced that it will sell 90 million shares of common stock to raise up to $14 billion.  Along with this, the company plans to offer $5 billion in depositary shares. This…

Koninklijke Philips N.V. is adjusting expectations after a rough quarter marked by declining demand in China. The health-tech company lowered its 2024 sales growth forecast to a range of 0.5%…

China’s industrial sector had a difficult September, with profits plunging by 27.1% compared to the same month in 2023. The drop marks the worst monthly decline so far this year, deepening…

Scout Motors, founded in the 1960s as a producer of agricultural machinery and trucks, is being brought back to life by Volkswagen as an electric vehicle company. Volkswagen first…

Skechers reported impressive third-quarter results for 2024. The global footwear company achieved record sales in the third-quarter of $2.35 billion, a 15.9% increase year-over-year, and up…

The US Department of Justice (DoJ) has reached a settlement of $101.98 million with the Singapore-based companies that owned and operated the container ship responsible for the collapse of the…

Boeing workers on the West Coast have rejected a newly proposed contract by the company, extending the strike of more than 33,000 employees to over 5 weeks. An overwhelming 64% of…