General Motors (GM) recently hosted its annual investor day, during which CFO Paul Jacobson shared insights regarding the company’s financial outlook for 2024 and beyond. GM aims to achieve adjusted earnings before interest and taxes (EBIT) in 2024 ranging from $13 billion to $15 billion, which translates to earnings per share of $9.50 to $10.50.
Natural disasters can wreak havoc not just on communities but on personal lives and homes. With the unpredictable nature of events like hurricanes, understanding the intricacies of homeowners insurance claims becomes vital. A prime illustration can be drawn from Hurricane Helene, which has resulted in insured losses exceeding $6 billion, alongside forecasts suggesting that Hurricane
In a bold and innovative step, Rolls-Royce has unveiled its first U.S. “Private Office,” strategically located in the bustling Meatpacking District of Manhattan. This exclusive space caters to an elite clientele seeking unparalleled levels of customization in their automotive purchases, shifting the company’s sales strategy towards bespoke offerings over mass production. With a production count
In a notable departure from a persistent upward trend, Singapore’s private home prices experienced a decline for the first time in five quarters, as disclosed in preliminary market data released this week. According to the Urban Redevelopment Authority (URA), the private home price index witnessed a decrease of 1.1% in the last quarter, marking a
In American society, money remains one of the most taboo subjects. New research paints a stark picture: a survey by U.S. Bank revealed that many individuals would rather disclose their voting choices in an upcoming presidential election than share details about their financial status. A similar study conducted by Wells Fargo corroborated this sentiment, indicating
As cryptocurrency continues to rise in popularity as both an investment vehicle and a topic of discussion, it has unfortunately attracted a wave of fraudulent activities that predate its success. Federal officials are sounding the alarm regarding an alarming increase in investment scams that exploit personal relationships formed through social media, dating platforms, and other
The opening of a new Sam’s Club in Grapevine, Texas, marks a significant departure from conventional shopping paradigms. This latest store prototype is set to eliminate traditional checkout lanes in favor of a fully digital experience, underpinned by the innovative Scan & Go app. Customers will no longer engage with cash registers as they navigate
General Motors (GM) is at a pivotal point as it faces rigors not seen during its last investor day two years ago. Led by CEO Mary Barra, the company aims to reassure investors amid dual pressures of weaker consumer demand and evolving market dynamics. The upcoming capital markets day is not merely a performance update
In recent years, the United Kingdom has witnessed a dramatic spike in online fraud, fueled by the accelerated adoption of digital payment platforms. This surge has unveiled a contentious debate surrounding the responsibility for compensating victims of authorized push payment (APP) fraud. Starting October 7, 2023, U.K. banks will be legally required to reimburse victims
In a bold move that intertwines live sports with home shopping, QVC has inked a significant deal with USA Pickleball, establishing an exciting partnership that aims to capture the attention of viewers and consumers alike. This collaboration not only grants QVC exclusive broadcast rights to USA Pickleball events but also marks a pioneering step towards