07:05 AM EST, 12/04/2024 (MT Newswires) -- General Motors ( GM ) said in a regulatory filing Wednesday it anticipates to report more than $5 billion in impairment charges and writedowns related to its China business. The company expects to incur an impairment charge of $2.6 billion to $2.9 billion for the quarter ending Dec. 31. on its Chinese joint...

07:06 AM EST, 12/04/2024 (MT Newswires) -- Foot Locker ( FL ) reported fiscal Q3 adjusted earnings Wednesday of $0.33 per diluted share, up from $0.30 a year earlier. Analysts polled by FactSet expected $0.40. Revenue for the quarter ended Nov. 2 was $1.96 billion, down from $1.99 billion a year earlier. Analysts surveyed by FactSet expected $2.01 billion. Foot...

(Reuters) -Northvolt, the Swedish maker of battery cells for electric vehicles, on Nov. 21 filed for Chapter 11 bankruptcy protection in the United States with debts of $5.8 billion and only $30 million in cash. Here are Northvolt's creditors listed in its Chapter 11 bankruptcy filing and outstanding principal amounts: NORTHVOLT AB UNSECURED DEBT FACILITIES Total Northvolt AB Debt: $3.9...

07:05 AM EST, 12/04/2024 (MT Newswires) -- Eli Lilly ( LLY ) said Wednesday its Surmount-5 phase 3b clinical study showed that Zepbound provided a 47% greater relative weight loss in comparison to Novo Nordisk's ( NVO ) Wegovy. Zepbound, Eli Lilly's ( LLY ) weight-loss drug, resulted in a superior weight reduction of 20.2% against Wegovy's 13.7%, the company...