GM slashes 2025 outlook,
GM slashes 2025 outlook, citing $5 billion hit from Trump tariffs

Thu, 01 May 2025

By Pranjal Chandra

General Motors has lowered its 2025 financial outlook. This revision is due to President Donald Trump's auto tariffs. The company anticipates a significant financial impact. Earnings and cash flow forecasts have been reduced. GM is working to mitigate these effects. They are focusing on strengthening their supply base. The company is also pushing for electric vehicle profitability.

General Motors has lowered its 2025 financial outlook. This revision is due to President Donald Trump's auto tariffs. The company anticipates a significant financial impact. Earnings and cash flow forecasts have been reduced. GM is working to mitigate these effects. They are focusing on strengthening their supply base. The company is also pushing for electric vehicle profitability.

Tesla's CEO controversy:
Tesla's CEO controversy: A new era or the beginning of the end?

Thu, 01 May 2025

By Shreeaa Rathi

Tesla is currently facing a period of uncertainty. There are reports that the board is looking for a new CEO to replace Elon Musk. However, the company's chairwoman has denied these reports. Musk's involvement in politics and a decline in profits have added to the challenges. The future of Tesla depends on how Musk balances his various ventures.

Tesla is currently facing a period of uncertainty. There are reports that the board is looking for a new CEO to replace Elon Musk. However, the company's chairwoman has denied these reports. Musk's involvement in politics and a decline in profits have added to the challenges. The future of Tesla depends on how Musk balances his various ventures.

McDonald’s faces major sa
McDonald’s faces major sales setback in the U.S.—Its worst since 2020

Thu, 01 May 2025

By Shreeaa Rathi

McDonald's faces a challenging landscape in the U.S., where economic strains have led to a noticeable decline in sales. With many lower and middle-income families tightening their budgets, the fast-food giant is pivoting towards value-oriented promotions and innovative menu options to draw in diners.

McDonald's faces a challenging landscape in the U.S., where economic strains have led to a noticeable decline in sales. With many lower and middle-income families tightening their budgets, the fast-food giant is pivoting towards value-oriented promotions and innovative menu options to draw in diners.

Recession Vibes: Is the U
Recession Vibes: Is the U.S. Economy Sliding Into a Slump?

Thu, 01 May 2025

By Shreeaa Rathi

The first quarter of 2025 brought unexpected news for the U.S. economy, as GDP saw a contraction of 0.3%, breaking the trend of growth experienced in prior periods. The imposition of Trump's tariffs on Mexico and Canada has significantly disrupted supply chains, leading to a slowdown in consumer spending amidst rising inflation.

The first quarter of 2025 brought unexpected news for the U.S. economy, as GDP saw a contraction of 0.3%, breaking the trend of growth experienced in prior periods. The imposition of Trump's tariffs on Mexico and Canada has significantly disrupted supply chains, leading to a slowdown in consumer spending amidst rising inflation.

Tariffs, tensions, and th
Tariffs, tensions, and the road ahead: GM faces a $5 billion hit under Trump’s trade policies

Thu, 01 May 2025

By Shreeaa Rathi

In light of recent auto tariffs enacted by the Trump administration, General Motors is bracing for a hefty financial setback, with CEO Mary Barra projecting costs could soar to $5 billion. While the company aims to keep prices steady to satisfy consumer demand, this decision could lead to lowered profit expectations, directly affecting stock buyback initiatives and employee bonuses.

In light of recent auto tariffs enacted by the Trump administration, General Motors is bracing for a hefty financial setback, with CEO Mary Barra projecting costs could soar to $5 billion. While the company aims to keep prices steady to satisfy consumer demand, this decision could lead to lowered profit expectations, directly affecting stock buyback initiatives and employee bonuses.

Kohl’s CEO fired for unet
Kohl’s CEO fired for unethical conduct, sends shockwaves through retail industry

Thu, 01 May 2025

By Shreeaa Rathi

In a surprising turn of events, Kohls has parted ways with its CEO, Ashley Buchanan, due to allegations of unethical behavior linked to undisclosed conflicts of interest in vendor dealings. Michael Bender, the company's chairman, steps in as interim CEO during this transitional phase.

In a surprising turn of events, Kohls has parted ways with its CEO, Ashley Buchanan, due to allegations of unethical behavior linked to undisclosed conflicts of interest in vendor dealings. Michael Bender, the company's chairman, steps in as interim CEO during this transitional phase.

The end of cheap Temu and
The end of cheap Temu and Shein? How new tariffs are reshaping online Shopping for Millions of Americans

Thu, 01 May 2025

By Shreeaa Rathi

Americans who depend on affordable online platforms now face rising prices. Trade policies and expired exemptions increased costs on sites like Temu and Shein. This affects many, especially those with lower incomes. Rena Scott, a retired nurse, can no longer afford her favorite items. Phillip Dampier is stocking up in anticipation of shortages.

Americans who depend on affordable online platforms now face rising prices. Trade policies and expired exemptions increased costs on sites like Temu and Shein. This affects many, especially those with lower incomes. Rena Scott, a retired nurse, can no longer afford her favorite items. Phillip Dampier is stocking up in anticipation of shortages.

Eli Lilly CEO: U.S. drugm
Eli Lilly CEO: U.S. drugmaker ready to support national security amid looming tariffs

Thu, 01 May 2025

By Shreeaa Rathi

Eli Lilly is stepping up to tackle potential drug supply challenges in the U.S. According to CEO Ricks, the company is ready to lend a hand amidst rising concerns about pharmaceutical tariffs and national security threats regarding essential medications. Ricks advocates for incentives over penalties, proposing lower tax rates to encourage domestic production.

Eli Lilly is stepping up to tackle potential drug supply challenges in the U.S. According to CEO Ricks, the company is ready to lend a hand amidst rising concerns about pharmaceutical tariffs and national security threats regarding essential medications. Ricks advocates for incentives over penalties, proposing lower tax rates to encourage domestic production.

CVS health surpasses expe
CVS health surpasses expectations and increases guidance amid improvements in insurance business

Thu, 01 May 2025

By Shreeaa Rathi

In the robust opening quarter of 2025, CVS Health showcased impressive growth, surpassing revenue and profit forecasts. This success prompted a surge in stock prices and a revised optimistic outlook for the year. The insurance segment demonstrated notable improvement, although rising medical expenses remain a pressing issue.

In the robust opening quarter of 2025, CVS Health showcased impressive growth, surpassing revenue and profit forecasts. This success prompted a surge in stock prices and a revised optimistic outlook for the year. The insurance segment demonstrated notable improvement, although rising medical expenses remain a pressing issue.

Microsoft surges 9% after
Microsoft surges 9% after blazing past earnings expectations with robust cloud growth

Thu, 01 May 2025

By Shreeaa Rathi

Microsoft's stock soared following a robust earnings announcement that outperformed Wall Street's predictions. The surge was largely fueled by advancements in cloud computing and artificial intelligence, with Azure, its cloud service, experiencing remarkable growth. The AI sector played a pivotal role in bolstering Azure's performance. The tech giant also reaffirmed its commitment to capital expenditures, forecasting better operating margins ahead.

Microsoft's stock soared following a robust earnings announcement that outperformed Wall Street's predictions. The surge was largely fueled by advancements in cloud computing and artificial intelligence, with Azure, its cloud service, experiencing remarkable growth. The AI sector played a pivotal role in bolstering Azure's performance. The tech giant also reaffirmed its commitment to capital expenditures, forecasting better operating margins ahead.

Contact
  • Times Internet Limited, FC - 6, Film City, Sector 16A, Noida - 201301
  • grievance@timesinternet.in

Copyright 2025 © Bennett, Coleman & Co. Ltd. All rights reserved The TOI News. For reprint rights: Times Syndication Service