Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations that led to sales declines, bloated inventories and investor concerns. Tavares said the convergence…
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Business
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What makes a happy camper this summer? S’mores, sing-alongs and — lately — streaming. The pandemic nudged millions of people toward outdoorsy trips and experiences, and many are now hooked. But they’re increasingly demanding a…
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Business
Summer Fridays are on the decline — companies may be replacing them with work-from-home days
The share of workers who say they get Summer Fridays has dropped dramatically in recent years. Just 11% of North American workers say they have access to Summer Fridays, according to a November 2023 survey…
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Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with the additional shares being distributed on Feb. 23. And from there, it…
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More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates. New listings from home sellers jumped in May, up 13% from a year ago, according to…
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Boeing is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered jets, two people familiar with the matter said. The…
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Netflix is trying to get ready for some football. The streaming giant has been reaching out to broadcasters this week in the hopes of finding a partner to produce the NFL games it will air on…
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WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told CNBC. “Trump doesn’t know what he’s talking about,” said one CEO who…
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Boeing and Airbus, the two biggest commercial airline makers, may have used titanium sold using fake documents, according to evidence from a supplier that has triggered a Federal Aviation Administration investigation. The FAA said in…
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Business
GM CEO says commitment to all-electric fleet remains firm despite industry-wide sales slowdown
General Motors CEO Mary Barra says the storied automaker’s plan to turn its fleet 100% electric will now play out ‘over decades.’ In an exclusive interview with NBC News, Barra clarified the company’s previously stated…