Stellantis, the company behind Chrysler and Jeep, plans to reopen a factory in Illinois and increase production in the United States to mend relations with the U.A.W. and the Trump administration. The move comes under interim management following the resignation of CEO Carlos Tavares, with a commitment to invest in U.S. operations and create American jobs. The company will produce a new pickup truck in Belvedere, rehire 1,500 union workers, and continue production of the Dodge Durango in Detroit, addressing concerns about potential moves to Mexico and securing investments in Ohio and Indiana plants.
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Core Labs Posts Flat Revenue in Q2
Core Laboratories (NYSE:CLB), a provider of reservoir optimization and production enhancement services, reported Q2 2025 earnings on July 23, revealing GAAP revenue of $130.2 million, surpassing expectations of $129.1 million, while adjusted EPS of $0.19 met consensus. Although there were operational improvements in international markets, revenue remained largely unchanged year-over-year. Want More Context? 🔎
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