Business

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WASHINGTON (AP) — U.S. automakers worry that President Donald Trump’s agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and parts than their competitors. “We need to review all the details of the agreement, but this is a deal that will charge lower tariffs on …

DALLAS, July 23, 2025 /PRNewswire/ — Southwest Airlines Co. (NYSE: LUV) (the “Company”) today reported its second quarter 2025 financial results and Company highlights: Net income of $213 million, or $0.39 income per diluted share Net income, excluding special items1, of $230 million, or $0.43 income per diluted share Returned $1.6 billion to Shareholders through a combination of share repurchases …

After claiming a return to electric vehicle delivering growth in 2025, Tesla (TSLA) has now all but admitted that it won’t happen and has fully given up on providing guidance. Tesla has consistently grown its electric vehicle deliveries every year for the past decade, until the growth stalled in 2024. In January 2025, Tesla was confident in predicting that it …

Chipotle Stock Falls After Earnings. What’s Worrying Wall Street.  Barron’s Chipotle stock tumbles 9% after chain cuts same-store sales forecast  CNBC Chipotle earnings: Company expected to report 2nd straight sales decline as stock lags in 2025  Yahoo Finance Chipotle Cuts Outlook on Traffic Slump Despite Free Burritos  Bloomberg.com Chipotle’s stock slides, weighed down by weak outlook  MarketWatch Source link

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A 2023 Model X sports-utility vehicle sits outside a Tesla dealership Sunday, June 18, 2023, in Englewood, Colo. David Zalubowski/AP hide caption toggle caption David Zalubowski/AP Tesla on Wednesday reported a drop in its profit during the second quarter, as the electric vehicle maker continues to struggle despite CEO Elon Musk’s pivot back to focusing on his companies after his …

IBM’s Earnings Are Today. Here’s What to Expect.  Barron’s IBM shares drop despite earnings beat  CNBC Why is IBM’s stock down after an earnings beat? Here’s one quibble.  MarketWatch IBM’s software sales disappoint, eclipsing AI mainframe revival  Reuters IBM RELEASES SECOND-QUARTER RESULTS  PR Newswire Source link

A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport on May 16, 2025 in Arlington, Virginia. Kevin Carter | Getty Images Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. The airline also announced a new $2 billion …

The High Costs of Trump’s ‘Big Beautiful’ New Car Loan Deduction  Bloomberg Trump’s new tax deduction on auto loans has major limitations: What car buyers should know  USA Today ‘Big, beautiful, bill’ car loan interest tax deduction: These brands, models may qualify  FOX 5 DC Trump’s ‘Big Beautiful Bill’ gives tax breaks to car buyers — but who really wins?  CBT News Understanding The …