Wednesday January 22nd, 2025 7:46AM

AP Business

Ford quarterly profit drops almost 26% due to $1B write-offs for canceled electric SUV
Ford’s third-quarter net profit fell nearly 26%
4:32PM ( 2 months ago )
Ford cuts 2024 earnings guidance due to warranty costs and slow pace of cost cutting
Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.’s profits this year, causing the company to lower its full-year earnings guidance
4:32PM ( 2 months ago )
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach and Michael Kors handbags, according to a court filing Monday
4:16PM ( 2 months ago )
PepsiCo to close Chicago bottling plant, impacting 150 workers
PepsiCo said Monday it’s closing a Chicago bottling plant, a move the Teamsters union says will impact 150 workers
3:21PM ( 2 months ago )
Brazil fines meatpacking companies, including giant JBS, for buying illegally raised cattle
Brazil's environmental agency levied $64 million in fines against 23 meatpacking and their suppliers companies for buying and selling cattle raised illegally on deforested land in the Amazon
2:20PM ( 2 months ago )
Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle East
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared
1:39PM ( 2 months ago )
Philadelphia DA says he is suing Elon Musk's America PAC over its $1 million giveaway
Philadelphia’s district attorney says he has filed a lawsuit to halt Elon Musk’s $1 million giveaway as part of his political organization’s effort boosting Donald Trump’s presidential campaign
12:17PM ( 2 months ago )