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GM Makes Bold Promise to Create New Formula for Electric Car Batteries

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

Mary Barra, General Motors Company (NYSE: GM) Co Chief Executive, has promised investors that the company will be selling profitable electric cars by 2021. There has been no major automaker that has done this before. GM plans to achieve this by comb..

Automakers Report Mixed U.S. December Sales

Automakers Report Mixed U.S. December Sales

On Wednesday, major automakers reported mixed U.S. sales for the month of December due to big consumer discounts targeted at moving cars off dealer lots before the year ended. New vehicle sales for that month marked a strong year, almost meeting las..

Forever 21 data breach left customer credit card information exposed for months

Forever 21 data breach left customer credit card information exposed for months

Forever 21 has confirmed in a press release that various POS terminals were exposed to hackers for months, leaving customer payment card information unprotected from April 3, to November 18, 2017. Hackers were able to acquire card numbers, expiratio..

Ralph Lauren’s Profit Beat Forecasts

Ralph Lauren’s Profit Beat Forecasts

On Thursday, Ralph Lauren (NYSE: RL) reported quarterly revenue and profit that beat Wall Street predictions following sales of their high end clothing at full price as well as keeping a close eye on costs which brought shares up more than 5%. The c..

Pfizer's Q3 Earnings Beat Estimates, Raising Earnings for Full-Year 2017

Pfizer's Q3 Earnings Beat Estimates, Raising Earnings for Full-Year 2017

Pfizer Inc. (NYSE: PFE), the largest U.S. drug maker, posted its financial results for the third quarter on Tuesday. The company also adjusted its guidance for full-year 2017 in the statement. Shares of Pfizer rose to $35.24 per share in premarket t..

McDonald's Corporation Reported Q3 Financial Results

McDonald's Corporation Reported Q3 Financial Results

On Tuesday, McDonald's Corporation (NYSE: MCD) announced its Q3 financial results, with revenue beating estimates but earnings slightly missing expectations. Shares of the company increased 1.4% on Tuesday morning.Revenue for the quarter ended S..

GM first to test self driving cars in New York City

GM first to test self driving cars in New York City

New York Governor, Andrew Cuomo, announced on Monday that General Motors Co. (NYSE: GM) and Cruise Automation, GM’s self driving subsidiary division, are applying to begin the first stages of testing fully autonomous vehicles in New York City ..