Ford 3Q Profit Falls Nearly 60% on Restructuring Costs
Ford Motor Co.’s third-quarter net income tumbled nearly 60% as the company took $1.5 billion in charges mainly for restructuring, and Chinese and U.S. sales fell.
Ford Motor Co.’s third-quarter net income tumbled nearly 60% as the company took $1.5 billion in charges mainly for restructuring, and Chinese and U.S. sales fell.
Squeeze is on at Caterpillar, which cut its outlook for the year after dealers slashed inventories.
U.S. stock indexes eked out tiny gains Wednesday following a wobbly day of trading Wednesday as investors reviewed another set of mixed company earnings.
Costs related to 737 Max rise for Boeing as it reports large profit shortfall.
Tobacco pouches win 1st FDA endorsement as less risky alternative to smoking.
UPS capitalizes on demand for fast online delivery, topping profit and revenue expectations in 3Q.
McDonald’s 3Q earnings down on tech investment, but company says it’s the right call.
High prices drove US home sales down 2.2% in September, ending a two-month streak of sales gains.
Hudson’s Bay, the owner of Saks Fifth Avenue, is being taken private by a group of shareholders.
President Donald Trump is lamenting that he was forced to move next year’s Group of Seven summit from his private golf club in Florida after bipartisan criticism.