Facebook parent Meta posts first revenue decline in history
Facebook and Instagram’s parent company Meta posted its first revenue decline in history Thursday.
How the Federal Reserve’s rate hikes affect your finances
Here are some of the most common questions being asked about the impact of the rate hike.
With Frontier deal dead, Spirit ponders sale to JetBlue
Spirit Airlines shareholders rejected a bid to merge with Frontier Airlines on Wednesday, opening the door to a Spirit-JetBlue deal.
Rivian cuts 6% of work force; Illinois factory will not be impacted
Rivian is cutting 6 percent of its work force as part of a restructuring. The EV maker’s Normal, Ill., plant won’t be impacted as it struggles to ramp output of R1T pickups, R1S SUVs and Rivian commercial vans.
Ford generates $667 million in Q2 net income as revenue jumps 50%
The automaker’s adjusted earnings more than tripled as it managed a significant production increase after more than a year of being stymied by the global microchip shortage.