Stellantis, the multinational automaker behind brands including Jeep, Dodge and Chrysler, announced a 48% drop in net profit for the first half of 2024, mainly due to declining sales and production issues…
Category: News
Ford Reports Significant Revenue Drop Due to Warranty Issues
DETROIT — Ford Motor Company fell significantly short of Wall Street expectations for second-quarter earnings, despite beating revenue forecasts, as long-running warranty issues plague the automaker. Here’s how the company performed against…
Alphabet Hits Revenue Goals But Fails to Match YouTube Ad Revenue
Google parent company Alphabet reported its second-quarter results after the market closed on Tuesday, meeting analysts’ expectations for revenue and profit but falling short on YouTube advertising revenue. Following the announcement, Alphabet…
Cigarette smuggling in Gaza affects humanitarian aid deliveries
In the heavily blockaded Gaza Strip, cigarettes have become a rare commodity, often selling for $25-30 each. Both U.N. and Israeli officials have reported that coordinated attacks by groups seeking to profit…
NATO unity faces challenges amid leadership uncertainty
As President Biden and his team prepared to celebrate NATO’s 75th anniversary, starting Tuesday night in Washington, the goal was to project unity and confidence. The intention was to send a clear…
Political changes in France after early elections
After Sunday’s snap legislative elections in France, the nation faces a deadlocked parliament and significant political uncertainty. No major political faction, left, center or right, has won an outright majority. The left-wing…
Nigel Farage Makes His Parliament Debut
Nigel Farage, known for his support of former President Donald J. Trump, his pivotal role in Brexit and his reputation as Britain’s most notorious political provocateur, has been elected to Parliament for…