Business

2024 Ford Mustang Source: Ford Convertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars and more rugged sport utility vehicles. Sales of traditional drop-tops such as the Chevrolet Camaro and Ford Mustang, as well as roadsters such as the

In this article DWAC Follow your favorite stocksCREATE FREE ACCOUNT The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of Digital World Acquisition Corp. fell this week as the company

In this article F Follow your favorite stocksCREATE FREE ACCOUNT A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images DETROIT – Recent supply chain problems for Ford Motor have included a small, yet important, part for the company and its

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 737 MAX 7 aircraft lands during an evaluation flight at Boeing Field in Seattle, Washington, September 30, 2020. Lindsey Wasson | Reuters Boeing will pay $200 million and then-CEO Dennis Muilenburg will pay $1 million to settle charges over misleading investors in the

In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond is betting on a drastic change in strategy and well-recognized brands to revive its struggling business.  But the retailer’s strained relationships

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT — General Motors will close reservations for its electric

In this article FDX WMT TGT UPS Follow your favorite stocksCREATE FREE ACCOUNT A FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images FedEx warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems

In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in a statement on Tuesday afternoon that Jonathan Nelson, the company’s senior vice president

In this article GM HTZ 2024 Chevrolet Blazer SS EV GM General Motors has agreed to sell up to 175,000 electric vehicles to Hertz Global over the next five years, the companies announced Tuesday. The deal calls for GM to start supplying electric vehicles such as the Chevrolet Bolt EV and Bolt EUV to the

In this article F 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain issues. Ford said supply problems have resulted in parts shortages affecting roughly 40,000 to 45,000

In this article SONY Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz − and ticket sales − that the box office desperately needs. The action-packed film about an all-female regiment of warriors brought in $19 million

In this article BBBY Bed Bath & Beyond has announced dozens of the roughly 150 stores it plans to close. The struggling home goods retailer released its plans last month to shutter the “lower producing” locations, representing about 20% of its namesake stores. The closures are part of a broader plan to try to stabilize

In this article FDX AZO GIS LEN KBH COST CNBC’s Jim Cramer on Friday said that FedEx‘s warning of worsening economic conditions suggests the Federal Reserve is doing better in its inflation effort than expected — meaning the central bank could take a step back after its meeting next week. “If Fed chief Jay Powell

In this article FDX HD Home Depot‘s business has remained strong even as turbulent economic conditions pinch consumers’ wallets, CEO Ted Decker told CNBC’s Jim Cramer on Friday. His comments were in response to Cramer questioning him about whether he has seen the same signs of recession that FedEx CEO Raj Subramaniam warned of on

Loading chart… Albemarle Corp: “I suggest that you wait for it to come down a little, but I do like the situation very much.” Loading chart… Nikola Corp: “I think that stock is lethal, frankly. … I don’t want to own it.” Loading chart… ICL Group Ltd: “I like this company.” Loading chart… Cheniere Energy

Water tender crews monitor a backfire during the Mosquito fire in Foresthill, an unincorporated area of Placer County, California on September 13, 2022. Josh Edelson | AFP | Getty Images As a massive wildfire chewed through tens of thousands of acres in California over the past week, smoke and ash billowed into nearby towns including

In this article DIS Patty Jenkins attends TNT’s “I Am The Night” FYC Event on May 9, 2019 in North Hollywood, California. Emma McIntyre | Getty Images Questions about the fate of Patty Jenkins’ “Rogue Squadron” began circulating nearly a year ago, and intensified after the Star Wars film went unmentioned at Disney’s annual D23

In this article FDX Shares of FedEx were down more than 20% Friday after the company posted bleak preliminary earnings, citing weakening demand in global shipment volumes. The shipping giant late Thursday also withdrew its full-year guidance and announced significant cost-cutting measures. The drop in its share price wiped around $11 billion off the company’s