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GM reports 2.2% decrease in third-quarter sales, but EVs make gains

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GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland / CNBCDETROIT — Increases...

Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle

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A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Scott Olsen | Getty ImagesDarden Restaurants...

NYC Startup Touts Automated Deal Modeling Aimed at Overworked Junior Bankers

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Wall Street has a reputation for overworking its junior bankers with cumbersome deal calculations, multiple spreadsheet revisions and copious slide deck formatting. A...

Cedi Ready for Rebound on High Real Rates, Societe Generale Says

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Ghana’s cedi looks ripe for a rebound after hitting a new low against the dollar, helped by high interest rates, a better outlook...

Stocks making the biggest moves after hours: Adobe, RH, Oracle and...

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Horacio Villalobos | Corbis News | Getty ImagesCheck out the companies making headlines in extended trading:Adobe — Shares plunged more than 10% after...

Jack Ma-Backed Ant Is Refinancing a Credit Line of $6.5 Billion

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Jack Ma-backed Ant Group Co. is refinancing an offshore credit line that will reach $6.5 billion, as it expands its global operations, according...

BYD Lifts Annual Sales Target to 4 Million EVs, Plug-in Hybrids

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Chinese electric-vehicle maker BYD Co. has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid vehicles.The Shenzhen-based EV...