Stellantis NV on Thursday reported a 2025 net loss of $26.3 billion (22.3 billion euro), the first time the automaker has reported an annual loss since its 2021 formation and just two years after posting a record $20 billion in profits.

The Jeep and Ram maker warned the disappointing results were coming earlier this month when it reported about...Read more

Two ratings agencies have downgraded the city of Chicago and kept their negative outlooks intact, citing the city’s back-to-back budget shortfalls since 2023, reliance on “non-structural solutions” to patch up holes, stubborn gaps in future years, and the ongoing fight between the Mayor’s Office and the City Council stymieing a long term...Read more

Instagram, a social media platform popular among young people, said Thursday it will alert parents if their teens repeatedly search for suicide or self harm-related terms.

"Our goal is to empower parents to step in if their teen's searches suggest they may need support," the company said in a blog post.

Parents will receive a notification ...Read more

Stellantis NV’s United Auto Workers employees will not receive a profit-sharing payout this year, a sharp turnaround from just two years ago when each worker took home nearly $14,000. The reason is simple: the company failed to generate enough profit in its North American operations to meet the target required under its labor agreement.

The ...Read more

As more than 100 million people watched the Super Bowl, the battle for the future of artificial intelligence spilled out into a massive public arena.

In a series of viral commercials, AI upstart Anthropic broadcast to football fans that they should avoid AI with ads. The commercial was obviously targeting OpenAI, which plans to add ads to ...Read more

Tesla is pushing back against California bureaucrats, suing the state's Department of Motor Vehicles for accusing it of false advertising.

California regulators say Tesla has misled consumers about the capabilities of its "Autopilot" and "Full Self-Driving" modes, which cannot be used without an alert human driver. Late last year, an ...Read more

Jack in the Box has lost its spring.

The San Diego-based fast-food chain is losing customers, its shares have nosedived, and some investors think it needs new leadership.

The 75-year-old company is trying to find its footing while everyday consumers pull back on spending. The company reported a more than 6% decline in same-store sales last ...Read more

Seattle residents will have a choice this summer: Get paid to ditch town for a few weeks, or learn to call soccer “football” in their own homes in exchange for hundreds of dollars. Many are considering renting out their homes to World Cup tourists.

Nearly 150,000 fans from around the world will need lodging throughout Seattle’s six 2026 ...Read more

Khang Phan rents a four-bedroom home in San Jose with his wife, their toddler, and his parents. For $3,500, he and his wife share one room, his parents share another, and the third is for the two-year-old.

Phan, a 29-year-old government worker, said that even though his family’s income tops six figures, they strictly limit eating out and shop...Read more

Paramount Skydance is betting its future on its streaming business, as gains at the media and entertainment company’s Paramount+ platform helped boost earnings for the fiscal fourth quarter of 2025.

On Wednesday, Paramount reported $8.1 billion in revenue for the three-month period that ended Dec. 31, up 2% compared to the previous year’s ...Read more

NEWARK, California — Lucid Group will slash hundreds of Bay Area jobs, a downsizing ushered in by billions of dollars in red ink that has stained the electric vehicle maker’s balance sheet.

Slated to occur on April 21, the company will eliminate 319 positions at its headquarters in Newark, Lucid reported to the state Employment Development ...Read more

Waymos are coming to Chicago — but they’re not driving themselves yet.

The self-driving taxi company is deploying about 10 vehicles in Chicago to start mapping the city’s streets — thus “laying the early groundwork” for future operations here — Waymo said Wednesday.

But for now, the cars will be driven by people. State ...Read more

Weight loss drugmaker Novo Nordisk will cut the list prices of Ozempic and Wegovy by up to 50% beginning in 2027, the company announced on Tuesday.

Wegovy currently carries a list price of $1,349 per month, while Ozempic is listed at $1,028 for a one-month supply. Both drugs will be listed at $675 per month beginning on Jan. 1, 2027, “...Read more

United Wholesale Mortgage reported another profitable three months to end 2025, posting net income of $164.5 million for the fourth quarter.

That compares with $12.1 million in net income the Pontiac-based company reported in the third quarter of 2025 and $40.6 million in the fourth quarter of 2024.

For the full year, the company reported net ...Read more

The messages arrive via WhatsApp and email, promising a deal that seems too good to be legal: a way to move goods from China to the U.S. while avoiding President Donald Trump’s tariffs.

For Michael Kersey, president of the American Lawn Mower Company, these solicitations represent an existential threat. His century-old firm, famous for its ...Read more

China's sportswear giant has arrived in Los Angeles County.

Nike rival Anta Sports opened its first North American retail store in Beverly Hills earlier this month as it seeks to expand its international presence.

The company's jackets have been sported on the slopes by brand ambassador Eileen Gu — the San Francisco-reared, Chinese Olympic ...Read more

Detroit under Donald Trump has rediscovered its love of the big, roaring engine.

By gutting climate regulations, the president has freed U.S. automakers to sell as many gas-burning trucks and SUVs as they can. Muscle cars powered by rumbling V-8s and Hemi engines are back, with beasts like the Dodge Charger and Ford’s Mustang Dark Horse ...Read more

The Supreme Court’s recent decision to strike down President Donald Trump’s global tariffs is shaking up the climate tech trade.

The Feb. 20 ruling is good news for companies like Tesla Inc., which have seen production costs soar since last spring. In the third quarter of 2025 alone, the tariff costs on its energy storage business stood at ...Read more