GM lowers 2025 guidance, citing up to $5 billion in tariff exposure

DETROIT — General Motors on Thursday lowered its 2025 financial guidance to include an expected $4 billion to $5 billion impact as a result of…

Billionaire Lukas Walton names new CIO for his family office

Noelle Laing, chief investment officer of Builders Vision. Courtesy of Builders Vision A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert…

Automakers report significant April sales increases amid tariff fear-buying, but the good times may not last

The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Automakers such as…

L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays

First Lady Melania Trump laughs as she watches US President Donald Trump cut with a saber into a cake representation of the new Air Force…

Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs

An employee installs parts on the undercarriage of a Mercedes-Benz GLS-Class SUV at the Mercedes-Benz U.S. International factory in Vance, Alabama, on June 8, 2017.…

Amazon is stepping up to fill a gap in Hollywood's movie slate

Cast of the Amazon MGM Studios CinemaCon 2025 seen at the Amazon MGM Studios CinemaCon 2025 presentation at The Colosseum at Caesars Palace on April…

McDonald’s reports largest U.S. same-store sales decline since 2020

The logo of McDonald’s (MCD) is seen in Los Angeles, California. Lucy Nicholson | Reuters McDonald’s on Thursday reported mixed quarterly results as its U.S.…

Eli Lilly CEO says company can help 'respond' to national security concerns around essential drugs as tariffs loom

CEO of Eli Lilly and Company David Ricks speaks at the Economic Club of New York on March 12, 2024 in New York City. Spencer…

Partners: HPE Has Made Big Gains In Supply Chain Operations Metrics

‘[HPE Executive Vice President and General Manager of Operations] Mark [Bakker] looked for feedback and information from channel partners, went to work with his staff…

How wealthy horse owners finance their passion and potentially earn millions

Mystik Dan #3, ridden by jockey Brian J. Hernandez Jr. (R), crosses the finish line ahead of Sierra Leone #2, ridden by jockey Tyler Gaffalione…