Business

Stellantis, the multinational automotive manufacturing corporation formed from the merger of Fiat Chrysler and PSA Group, is currently grappling with a significant downturn in U.S. vehicle sales. Despite efforts by CEO Carlos Tavares to rectify what he has described as “arrogant” mistakes, the company’s sales performance continues to spiral downward. The third quarter results, marked
As Nike prepares to unveil its quarterly earnings, anticipation looms over investors amid projections that suggest another challenging performance for the sportswear giant. With the report set to be released on Tuesday, analysts are bracing for disappointing figures. Consensus forecasts indicate earnings per share of 52 cents and revenue of approximately $11.65 billion. These figures
As the U.S. grapples with soaring healthcare costs, the focus has shifted to major pharmaceutical companies, with particular emphasis on Novo Nordisk. On Tuesday, CEO Lars Fruergaard Jørgensen is set to testify before the Senate Health, Education, Labor, and Pensions Committee regarding the high prices of two of the company’s flagship products—Wegovy and Ozempic. This