US Business
After Years of Increases, Companies Are Rolling Back Prices
Businesses that sell a range of products from IKEA sofas to Air Jordan sneakers have said in recent weeks that they have lowered prices this year.
Month: October 2024
US Business
Korea Zinc Raises Buyback Offer to Stop Takeover Bid
The South Korean company raised its share-buyback offer to frustrate a takeover bid by private-equity firm MBK Partners, in a battle for control over the world’s largest zinc smelter.
US Business
BP Flags Earnings Hit From Weak Refining Margins
BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices continue to weigh on the energy sector.
US Business
Five Takeaways From Tesla’s Robotaxi Show
The driverless vehicle marks a strategic pivot for the electric-vehicle pioneer. Here are some key takeaways from the event.
Chamber Updates
Hot Links Golf Tournament 2024 — Fall Edition!
The Joplin Area Chamber of Commerce had 27 teams compete in their bi-annual Hot Links Golf Tournament on October 11! Players had the opportunity to compete in a marshmallow long drive and a dice game. […]
US Business
Tesla’s Robotaxi Event Disappoints Investors
Shares in the EV maker fell after a much-hyped event was heavier on showbiz than financial details.
US Business
Volkswagen Car Deliveries Fall as Industry Challenges Mount
Volkswagen delivered fewer cars in the third quarter as the automaker navigates an increasingly challenging market hit by a price war in China and high domestic production costs.
US Business
Stellantis Falls as Executive Shake-Up Fails to Calm Nerves
Stellantis shares slipped following the troubled automaker’s announcement of a sweeping management reshuffle just days after it slashed full-year earnings guidance.
US Business
Sanofi in Talks to Sell Controlling Stake in Consumer Health Arm to CD&R
The French drugmaker said the negotiations are for a potential sale of a 50% controlling stake in Opella.
US Business
Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal
ArcelorMittal said it would take on Nippon Steel’s 50% stake in the joint venture if the Japanese steelmaker managed to acquire U.S. Steel.