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"Demand Remains Strong": GM Beats Expectations, Lifts Guidance For Second Time
"Demand Remains Strong": GM Beats Expectations, Lifts Guidance For Second Time
GM beat Wall Street's second-quarter expectations on Tuesday, posting adjusted earnings of $3.57 per share on $48.03 billion in revenue as profitability improved despite softer vehicle sales. Adjusted EBIT reached $3.94 billion, up from $3.0 billion a year earlier, helped by lower tariff-related costs and stronger operating performance, according to Yahoo Finance.
The Detroit automaker also lifted its full-year guidance for the second time in 2026.
It's amazing what happens when the federal government isn't pressuring your business to convert entirely...
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May 14, 2026 / Dave DeCamp
House Narrowly Defeats Iran War Powers Resolution in 212-212 Vote
The House on Thursday narrowly defeated a War Powers Resolution that would have directed President Trump to end the US war against Iran, as the US continues to enforce a blockade of Iranian ports and is considering restarting the full-scale bombing campaign. The bill failed in a tie vote of 212-212, with three Republicans — […]
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Apr 20, 2026 / Tyler Durden
Chief Justice Roberts Faces Two Strikes After New Leak Rocks The Court
Chief Justice Roberts Faces Two Strikes After New Leak Rocks The Court
Authored by Jonathan Turley,
The legendary baseball player and manager Ted Williams once wrote a letter to the Angels outfielder Jay Johnstone on improving his hitting. Among his pieces of advice was that “with two strikes, you simply have to protect the plate.”
Williams’s advice on not striking out came to mind this week when another leak of confidential information rocked the Supreme Court. (The prior leak of the Dobbs decision went unsolved).
For Chief Justice John Roberts, the message is clear: it...
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Apr 21, 2026 / Tyler Durden
Trump Demands Iran 'Release These Women' As World Tensely Awaits 2nd Pakistan Talks, US Navy Boards Another Vessel
Trump Demands Iran 'Release These Women' As World Tensely Awaits 2nd Pakistan Talks, US Navy Boards Another Vessel
Summary
Neither side wants to appear 'weak' by flying to Pakistan first without the other side having already clearly committed. Trump warns: 'Expect...bombs' & urges Tehran "release women" said to be on death row.
Iran has informed Pakistan it is sending a delegation, but still no sign or confirmation that the delegation is en route.
Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM
As...
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