Latest News Updates From Michelle Chapman

Business, Private

Procter & Gamble to Cut Up to 7,000 Jobs

Procter & Gamble will cut up to 7,000 jobs over the next two years as the maker of Tide and Pampers wrestles with tariff-related costs and customers who have grown anxious about the economy.

June 5, 2025
Government, Business, Private, Top 100

Dollar General Posts Record Sales as Shoppers Pinch Pennies

Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.

June 3, 2025
Business, Private

ºÚÁϳԹÏÍø Depot Revenue Rises as Customers Tackle Small Projects

ºÚÁϳԹÏÍø Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects.

May 20, 2025
Government, Business, Equipment

General Motors Trims 2025 Guidance

General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto tariffs as high as $5 billion in 2025.

May 1, 2025
Business, Private

Dollar Tree Sells Family Dollar for $1 Billion

Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion after a decade of trying to make its acquisition of the bargain chain fit.

March 26, 2025
Business, Private

ºÚÁϳԹÏÍø Depot Breaks Same-Store Sales Slump in Q4

ºÚÁϳԹÏÍø Depot broke a two-year slump in same-store sales during the fourth quarter as customer demand improved in a housing market that has been buffeted by soaring mortgage rates.

February 25, 2025
Business, Equipment

GM Reports Q4 Loss on Charges Related to China

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.

January 28, 2025
Government, Business

Investor Seeks to Quash US Steel-Nippon Deal

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.

January 27, 2025
Business, Fuel

Exxon Mobil Profit Tops Q3 Expectations

Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition.

November 1, 2024
Business, Equipment

Stellantis, Seeking to Revive Sales, Makes Leadership Changes

Stellantis announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement as it struggles to revive sales in North America.

October 11, 2024