US Business
GM Dials Back EV Sales Target
The auto maker posted a 37% rise in third-quarter profit while warning that battery-production challenges could slow its electric-vehicle rollout.
Articles by Erin Slifka
Education
Missouri Southern State University Hosts Business Gateway Event
(Joplin, MO) – The Plaster School of Business hosted the Business Gateway – a business competition and workshop event for area high-school students – on Tuesday, October 25, at Missouri Southern State University (MSSU). A […]
US Business
Coca-Cola Raises Outlook as Sales Jump 10%
The beverage company is introducing packages at lower price points as it prepares for a global recession.
Education
Crowder College Roughrider eNews – October 24, 2022
(Neosho, MO) – Stay up to date on news from Crowder College and know what’s happening on and off campus! Academics Priority enrollment for Spring 2023 Classes begins on October 31, depending on your priority status. Make an appointment […]
US Business
Russian Oligarchs Obscure Their Wealth Through Secretive Isle of Man Network
The web of shell companies and middlemen managed by services firm Bridgewaters makes it hard for authorities to track assets and enforce sanctions. The company has connections to now-blacklisted oligarchs including Alisher Usmanov, Andrei Skoch and Sergei Chemezov.
US Business
Juul Discusses a Possible Bailout With Two of Its Biggest Investors
Hyatt Hotels heir Nick Pritzker and California investor Riaz Valani are considering putting up money to cover the vaping company’s operations and near-term legal liabilities, according to people familiar with the matter.
US Business
Meta Investor Urges Zuckerberg to Slash Staff, Cut Costs
Investment firm Altimeter Capital says in a letter that drastic action is needed for the social-media company to “get its mojo back.”
US Business
Tesla Cuts Prices in China as Costs Fall, Competition Heats Up
Tesla has lowered prices for vehicles sold in China, days after Chief Executive Elon Musk said most materials costs are falling and amid growing competition from local rivals.
US Business
Elon Musk’s Twitter Takeover Seen Swelling the Company’s Debt
The social-media platform’s annual interest burden will climb to more than $1 billion from $51 million last year, analysts estimate, adding pressure to grow sales.
US Business
Philips to Cut 4,000 Jobs as Big Recall, Supply Snags Hit Earnings
The Dutch healthcare conglomerate said that the job cuts, which amount to about 5% of its 80,000 workforce, would save Philips almost $300 million a year.