Author: Editor

DETROIT — The automotive industry faces a “catastrophic” scenario if the U.S. and Canada cannot reach a new trade deal by the end of this year, an executive with Honda Motor warned Tuesday. President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% on Jan. 1 if the two countries don’t reach a deal.”That really would be catastrophic for the entire industry,” Jennifer Thomas, senior vice president of corporate affairs at American Honda Motor Co., said during a Reuters automotive conference in Detroit.Thomas said, ideally, the countries would also include Mexico in the…

An American Airlines Boeing 777-223(ER) takes off from Barcelona-El Prat Airport, in Barcelona, Spain, on April 29, 2026. Joan Valls | Nurphoto | Getty ImagesAmerican Airlines is raising the annual fee for two of its rewards credit cards for the first time since 2018 and adding new benefits like a TSA PreCheck credit and points from spending on hotels.The fee on the Citi AAdvantage Platinum Select World Elite Mastercard will go up to $150 a year from $99. That is the first hike since 2018, when it raised the fee from $95 to $99, an airline spokeswoman said.The Citi AAdvantage…

A home may look spectacular online, but sometimes, once you walk through the door and look under the hood, it isn’t what it appeared to be in the listing photos. I jokingly call it “lipstick on a pig.”Before making an offer, buyers should understand what they’re actually getting, beyond gorgeous photos and expensive-looking finishes.I like to look more closely at things like the cabinetry and hardware, flooring, countertops, stonework, fixtures, and overall quality of workmanship.One of the easiest places to spot a lower-quality renovation is the cabinetry — specifically, whether the joints are properly fitted, the drawers glide smoothly, and…

Anthropic has set Wall Street abuzz by filing for what could be the biggest IPO in history. Michael Burry says the first in-depth look at Claude’s parent company failed to relieve his worries about the broader AI boom.”There is a lot here but nothing that changes my view,” the investor of “The Big Short” fame told his Substack subscribers in a chat thread about Anthropic’s prospectus on Monday.Burry said that “a lot changed in the developer landscape” over the last four months or so, but that’s not reflected in Anthropic’s Form S-1, which largely provides information through June 30. Michael…

For nearly two years, the U.S. has had to swallow an uncomfortable reality: A highly infectious disease it once eliminated is spreading again.More than 4,400 measles cases and at least three deaths have been reported nationwide this year, marking the country’s worst outbreak in more than three decades. The spike followed nearly 2,300 cases in 2025. But many public health experts argue that the return of measles isn’t the only concerning development — it’s also what the resurgence signals about America that’s causing alarm. Measles is often described as one of the most contagious viruses, and it is uniquely unforgiving of…

Boeing doesn’t expect to significantly ramp up output of its best-selling 737 Max aircraft until the second half of 2027 as it grapples with a slower-than-expected pace of wing production.CEO Kelly Ortberg said Tuesday on the company’s quarterly earnings call that Boeing is targeting a production rate of 52 planes a month in the second half of 2027. It has been manufacturing about 47 of its 737 Max planes a month.Ortberg had told investors last month that the production stabilize was taking a “little bit longer” than expected becuase of the wings production pace.Boeing stock was down about 9% during…

DETROIT — General Motors plans to transfer shares of its common stock from the New York Stock Exchange to the Nasdaq as the automaker attempts to position itself more as a technology-focused company. The Detroit automaker said Tuesday that it expects to begin trading as a Nasdaq-listed company on Nov. 17. Its ticker symbol is expected to remain “GM,” the company said. “GM’s customer-focused, technology-driven strategy is creating value for our stockholders, making Nasdaq a natural home for our listing as we grow,” GM CFO Paul Jacobson said in a release. “We’re grateful for our long-standing partnership with the New York Stock…

Multipacks of Coca-Cola Original Taste glass bottles, 4x200ml, line a supermarket shelf in Bari, Italy, on September 15, 2026. Matteo Della Torre | Nurphoto | Getty ImagesCoca-Cola is expected to report quarterly earnings before the bell on Tuesday.Here’s what Wall Street analysts are expecting the company to report, according to consensus estimates from LSEG:Earnings per share: 88 cents expectedRevenue: $12.92 billion expectedIn recent quarters, Coke executives have said shoppers are under pressure, stretched thin by inflation and economic uncertainty. But the beverage giant has also said consumers are still buying its drinks, from premium brands like Fairlife to its namesake…

A UPS delivery truck is seen in Chicago, Illinois, United States, on July 28, 2026. Marcin Golba | Nurphoto | Getty ImagesUnited Parcel Service on Tuesday reported third-quarter results that beat Wall Street expectations and raised its full-year guidance.The guidance raise comes after the company already upped its outlook last quarter. UPS now said it’s projecting full-year consolidated revenue of approximately $92.6 billion, up from its previous expectations of $91.2 billion, as well as fourth-quarter revenue of $25.7 billion. Shares of UPS rose slightly in premarket trading. Here’s how the company performed in its third quarter, compared with what Wall…

Target takes its colors very seriously.The retailer’s iconic red, also known as Pantone 186, is a vibrant, highly saturated shade that makes its bullseye logo stand out in a crowd. It’s a color that catches the eye on subway platforms and suburban shopping centers alike.A new employee-only line of apparel, designed in collaboration with Isaac Mizrahi, is dubbed Collection 186. And two decades ago, Target bought all the ad space in an issue of The New Yorker and asked the magazine’s illustrators to work only in black, white, and red.But when Target remodeled its SoHo location in New York last…