General Motors absorbs $1.1 billion in tariff costs as profit tops estimates
Auto giant’s stock falls in premarket trading after it reveals $1.1 billion in tariff costs in the second quarter, despite mitigation efforts.
Home-buying incentives to increase in coming month, D.R. Horton says
D.R. Horton’s stock surges after profit and new home orders beat expectations, but sales incentives are likely to increase to boost demand.
Dangerous Heat Continues in the Central and Southern U.S.; Severe Weather and Heavy Rain in the Northern Plains
UK Post Office names public inquiry as risk to £410 million Horizon replacement project
After abandoning in-house replacement for scandal-hit system, government company looks to off-the-shelf software
The UK Post Office has said the public inquiry into the Horizon IT scandal is a risk to its £410 million ($552 million) plan to replace its ageing POS and accounting system, and may force changes to awarded contracts.…