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Business

“GM posts 5.5% U.S. sales gain in 2025, Stellantis’ Jeep marks first increase in seven years”

January 18, 2026

“General Motors on Monday reported a 5.5% increase in its annual U.S. sales in 2025, despite a 6.9% decrease during the fourth quarter. The Detroit automaker retained its position as the largest seller of vehicles in the U.S. Stellantis, meanwhile,… Continue Reading…

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Economy

“Dollar General CEO warns consumers are cash-strapped, and says 2025 won’t be better”

March 13, 2025

“Dollar General’s CEO said customers’ financial situations have worsened over the past year due to inflation. CEO Todd Vasos said the company doesn’t expect the macro environment to improve in 2025. Tariffs and potential changes to government entitlement programs present… Continue Reading…

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Stocks

“GM board approves new $6 billion share buyback authorization” [TUE, JUN 11 2024]

June 28, 2024

“… …” https://www.cnbc.com/2024/06/11/gm-board-approves-new-6-billion-share-buyback-authorization.html

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Business, Stocks

“GE CEO forecasts heavy aerospace demand, voices support for Boeing CEO”

March 13, 2024

“…General Electric’s aerospace business on Thursday forecast operating profit of about $10 billion in 2028 on robust demand for its products and services, and said it was targeting an initial dividend payout at 30% of net income… GE’s shares were… Continue Reading…

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Stocks

“Billionaire Chris Hohn Has 31% of His Portfolio Invested in 2 Iconic Stocks”

January 30, 2024

“…Somewhat surprisingly, Hohn had 31% of his portfolio allocated across two stocks as of the September quarter: Visa (NYSE: V) accounted for 14% of his portfolio, and General Electric (NYSE: GE) accounted for 17% of his portfolio. That capital concentration indicates that Hohn has a great… Continue Reading…

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Business

“Facing fines, cluttered aisles and late-night mockery, Dollar General’s returning CEO tries to drive a turnaround”

December 23, 2023

“Dollar General has gotten hit by steep fines for safety violations, slammed on late-night TV and even overruled by its own shareholders. On Thursday, CEO Todd Vasos laid out on an earnings call with investors the discounter’s plans to try to turn around both the… Continue Reading…

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Business

“GM’s Cruise laying off 900 employees, or 24% of its workforce…”

December 18, 2023

“General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce, the company confirmed to CNBC. The layoffs, which primarily affected commercial operations and related corporate functions, are the latest turmoil for the… Continue Reading…

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Business

“GM initiates $10 billion buyback, boosts dividend and reinstates 2023 guidance after UAW strikes”

November 29, 2023

“…The Detroit automaker plans to increase its quarterly dividend next year by 33% to 12 cents per share; initiate an accelerated $10 billion share repurchase program; and reinstate its 2023 guidance to include an estimated $1.1 billion in earnings before interest… Continue Reading…

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Business

“GM offers 10% wage hike in contract talks that UAW calls ‘insulting'”

September 8, 2023

“General Motors on Thursday made a counterproposal to the union representing its U.S. hourly workers in a bid to avoid a costly strike, but United Auto Workers President Shawn Fain called the offer “insulting.” The largest U.S. automaker said it… Continue Reading…

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Business, Stocks

“GE Stock Jumps As Earnings Top, Free Cash Flow Estimate Raised” [89% Earnings Jump]

July 25, 2023

“…Estimates: Analysts, on average, expected GE earnings per share of 46 cents on revenue of $14.762 billion. Year-over-year comparisons were muddied by the GEHC spinoff. Results: GE earnings came in at 68 cents a share, up 89% from 36 cents… Continue Reading…

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