Ford’s latest earnings reveal the biggest quarterly hit in four years, with a net loss of $8. 2 billion for 2025 – the worst since the 2008 downturn. The blow comes largely from its electric vehicle (EV) arm, which posted a $4. 8 billion loss this year. Sales of EVs fell sharply after the U. S
December retail sales stayed flat month‑to‑month, a sharp fall from the expected rise after November’s rebound. The drop marks the slowest year‑over‑year growth since September 2024. Motor vehicle and clothing purchases fell the most, while spending on building materials and food & beverage grew
Mark Zuckerberg, the founder of Meta Platforms, is looking into buying a house in Miami. The chosen spot is Indian Creek, an island that’s known as the “Billionaires Bunker. ” Other wealthy names there include Jared Kushner, Ivanka Trump, Jeff Bezos, Carl Icahn and Tom Brady. Zuckerberg already own
Central New York is on the brink of a big change. The start of Micron’s huge factory marks more than new construction; it signals a fresh economic chapter. After many years of effort, the region finally looks like a good place for big projects. The local business community must keep this ex
Wrtn, a South Korean tech firm, has just announced that its new AI entertainment platform is expected to bring in over $100 million this year. The service, called “Crack” in Korea and “Kyarapu” in Japan, lets users jump into stories where they become the main character. Unlike other AI chatbots that
A senior manager at a leading software firm talks about how staying strong in tough times is key for both parents and fresh hires. He leads the team that brings a smart assistant into company chat, showing how technology can help people adapt. In his own life, he tries to teach his children that
A popular online personality has just added a banking app to his growing list of businesses. The app, called Step, was created in 2018 and promises to help people learn about money and manage it easily. Back in 2021, Step raised more than $175 million from well‑known investors such as General Cataly
"Jarrett S. Kalish, once a judge in New York City's tax court and adviser to the city’s finance department, has opened Kalish Law LLC. The company promises a mix of tax advice and dispute solutions for businesses and public groups. Kalish’s background in government, court work, and big law firms sh
Maravai LifeSciences is set to release its fourth‑quarter and full‑year financial statements for 2025 after the market closes on Wednesday, February 25, 2026. The company will host a conference call and webcast at 2:00 p. m. PT (5:00 p. m. ET) on the same day to discuss the results. Investors can j
A Florida luxury car company is taking its insurers to court after they refused to cover more than $4 million in legal expenses linked to a business rivalry. The firm, formerly known as Motorsport Network, claims that two insurers wrongly denied coverage under their directors and officers policies.
