Adient agreed to end its Yanfeng Adient Seating joint venture in China with partner Yanfeng Automotive Trim Systems. Adient will receive $1.5 billion.

Jim Cramer looks at how Tesla's performance mirrors the stock market.

Adient expects a decline in fiscal second-quarter revenue.

Auto stocks have taken a pounding on fears of rising interest rates. But one investment bank says the fears are overblown.

TheStreet recounts the successes and failures of the biggest names in the activism game.

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.