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ReutersGeneral Motors beats quarterly results targets, raises forecast
General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles. “Our consumer has been remarkably resilient in this period of higher interest rates,” GM's chief financial officer, Paul Jacobson, said. While the company started 2024 strong, Chief Executive Mary Barra still has two large challenges ahead: turning around GM's shrinking sales in China, and salvaging Cruise, its robotaxi unit.
- Associated Press Finance
General Motors reports strong first-quarter profits as prices help offset small US sales dip
Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. The Detroit automaker said that while its average sales price per vehicle was down slightly from last year at just under $50,000, pickup sales remained strong, and it's not seeing the price erosion across its lineup that other companies have experienced. GM on Tuesday said it made $2.97 billion from January through March, with revenue increasing 7.6% over the same period a year ago to just over $43 billion.
- Moneywise
Americans now need a salary higher than $81K to take a new job — a new high. 3 simple ways to make more money
More money, more problems?
- Elle
Finished Baby Reindeer? This Is ELLE's Guide To The Best British TV Shows To Watch Next
From Baby Reindeer to the adaptation of David Nicholls' bestseller One Day, these are the best British TV shows to watch now.
- WLKY - Louisville Videos
I-65 South closed after southern Indiana semitrailer crash leaves 2 dead, 1 injured
I-65 South closed after southern Indiana semitrailer crash leaves 2 dead, 1 injured
- Simply Wall St.
CSX First Quarter 2024 Earnings: EPS Beats Expectations
CSX ( NASDAQ:CSX ) First Quarter 2024 Results Key Financial Results Revenue: US$3.68b (flat on 1Q 2023). Net income...
- The Telegraph
Five migrants die crossing Channel
At least five migrants, including a child, have died after their dinghy capsized in an attempt to cross the English Channel, French emergency services said on Tuesday.
- KSHB - Kansas City Scripps
Rain and thunder north ending with a nice Tuesday loading
Rain and thunder north ending with a nice Tuesday loading
- Cover Media
Celine Dion declares she was 'born to communicate on stage'
In an interview with Vogue France the Canadian music icon opened up about her fame amid her battle with stiff person syndrome. "Celebrity has made me want to never give up on anything. I was born to communicate on stage, with my team, and with my voice, and with my fans. It's about sharing. I was born to do that. When I found myself on stage for the first time, in Québec, I caught the bug! What has fame taken away from me? Nothing? Because I live every day, and I move forward."
- Charlotte Observer
Back from two knee surgeries, softball pitcher Campbell Schaen has Mooresville on a roll
Blue Devils pitcher Campbell Schaen had two knee operations but is back to full strength now, and her softball team is unbeaten.
- Barrons.com
GM Starts the Year With a Bang, Beating on Earnings and Sales
The auto maker now sees an operating profit of about $13.5 billion, up from prior guidance of $13 billion and above the $12.4 billion earned last year.
- Yahoo Life Shopping
'Bold sound; they fit nicely in my ear': Snap up Apple AirPods for just $89 — plus other deals of the day
Also on our cheat sheet: Spring savings from Lego, Hanes, Cuisinart and more.
- Thomson Reuters StreetEvents
Q1 2024 Simpson Manufacturing Co Inc Earnings Call
Q1 2024 Simpson Manufacturing Co Inc Earnings Call
- BBC
What $61bn US aid boost could mean for Ukraine
After weeks of Russian advances, there are three areas where Ukraine could now strengthen its defences.
- Reuters
UPDATE 1-GE Aerospace lifts 2024 profit forecast on strong sales of engine parts, services
GE Aerospace on Tuesday raised its full-year profit forecast, citing a "solid start to the year" on strong demand for jet-engine parts and services as airlines keep their older planes in the air to tide over a shortage of new commercial aircraft. The company now expects 2024 operating profit of $6.2 billion to $6.6 billion, compared with its earlier forecast of $6 billion to $6.5 billion. Since then, Wall Street analysts have been bullish on the prospects of the aerospace business, with some citing the dominant lead of CFM International, GE's joint venture with Safran, as a supplier to Airbus' A320neo family of jets, over competing engine maker Pratt & Whitney.
- PA Media: UK News
UK annual government borrowing higher than forecast in blow to Chancellor
The ONS estimated that full-year public sector net borrowing was £120.7 billion in 2023-24, £6.6 billion more than predicted.
- Barrons.com
Treasury Yields Give Rate-Cut Hope, Why Stocks Still Face a Bumpy Ride, And 5 Other Things to Know Before the Market Opens.
Tesla faces an EV price war in China, Trump in line for $1.3 billion media group stock award, and other news to start your day.
- Evening Standard
Water bills hike warning...and why you should never swim the Thames ...The Standard podcast
Plus! Lifeguard on danger of Mayor Sadiq Khan’s “swimmable” river plan
- Hello!
Sydney Sweeney's mini shorts and cropped jacket gives the double denim trend a spring twist
The Euphoria star looked the ultimate bombshell in her double denim look, paired with a black bikini and a bright orange bag. See photos