2023 Ford F-150 Raptor R Ford DETROIT – The Ford F-Series continued its decadeslong U.S. sales dominance in 2022 despite ongoing parts and supply chain problems, the company said Tuesday. Ford Motor r...
Tag: Breaking News: Business
Retailers brace for tougher times and more frugal customers in 2023
A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images January is typically an overlooked month for retailers. Shoppers make return...
omicron XBB.1.5 is immune evasive, binds better to cells
Gilnature | Istock | Getty Images The Covid omicron XBB.1.5 variant is rapidly becoming dominant in the U.S. because it is highly immune evasive and appears more effective at binding to cells than rel...
U.S., global health officials worry about China transparency on virus spread
U.S. and global health leaders say Beijing is not sharing enough information about the spread of Covid-19 in China, leaving the international community in the dark about the scale and severity of the ...
Pelé, Brazilian soccer star and 3-time World Cup winner, dies at 82
Pelé, the Brazilian soccer icon who brought the World Cup trophy to his home country three times, becoming an international superstar and the highest-paid team athlete in the world at the time, has di...
U.S. to require passengers to test negative for Covid
The Biden administration will require airline passengers traveling from China to test negative for Covid before entering the U.S. as concern grows that widespread transmission of the virus in the worl...
Ferrari outshines EV makers like Tesla
The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. ...
AMC Entertainment stock falls, hits 52-week low
The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images Branded credit cards and a pay freeze for its CEO have done little to assu...
Southwest cancels more flights as rival carriers cap fares for stranded flyers
Southwest Airlines slashed another 2,500 flights on Wednesday, sending more frustrated customers scrambling to find seats on other airlines. The Dallas-based carrier’s cuts amounted to 60% of it...
Why 2023 could be another difficult year for the auto industry
A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters High interest rates, supply chain problems and recessionary fears were among the major challenges for th...
Restaurant chains are investing in robots, bringing change for workers
A White Castle team member next to Miso Robotics’ Flippy. Courtesy: Miso Robotics Chipotle Mexican Grill is testing whether a robot can make tortilla chips in stores. Sweetgreen plans to automat...
Airlines cancel 17,000 flights due to severe winter weather but disruptions ease
Aircraft are deiced at General Mitchell International Airport in Milwaukee Reuters Flight cancellations eased further on Monday but disruptions from severe winter weather across the U.S. lingered at t...
Airlines cancel 10,000 flights and scramble to rebook travelers
An American Airlines plane is de-iced as high winds whip around 7.5 inches of new snow at Minneapolis-St. Paul International Airport Thursday, December 22, 2022. Star Tribune Via Getty Images | Star T...
The Way of Water’ nears $900 million at the global box office
Avatar: The Way of Water Courtesy: Disney Co. Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop...
FedEx, UPS warn on delays, airlines cancel more flights
An American Eagle plane taxis during a snow storm at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022. David Ryder | Bloomberg | Getty Images FedEx and ...
The Way of Water needs strong second week at box office
Avatar: The Way of Water Courtesy: Disney Co. All eyes are on “Avatar: The Way of Water’s” second week at the box office. James Cameron’s long-awaited sequel to the highest-gr...
AMC plunges after theater company announces capital raise
AMC Movie theatre Scott Mlyn | CNBC AMC Entertainment‘s stock fell swiftly Thursday after the company announced a new $110 million capital raise and a proposed reverse stock split that will requ...
NFL Sunday Ticket goes to YouTube in $2 billion annual deal
The National Football League announced Thursday its “Sunday Ticket” subscription package would go to Google‘s YouTube TV starting next season, marking the league’s second media...
Airlines cancel flights before Christmas
Workers deice an Alaska Airlines plane during a snow storm at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022. David Ryder | Bloomberg | Getty Images A...
Millions at risk of losing Medicaid in the spring under $1.7 trillion federal spending bill
Millions of people who enrolled in the Medicaid public health insurance program during the Covid pandemic could lose their coverage in the spring if their state determines they no longer meet the prog...
Test driving GM, Ford and Tesla ‘hands-free’ systems
The 2023 Lincoln Corsair will offer the company’s next-generation ActiveGlide hands-free advanced driver assistance system (ADAS) for highway driving including lane-changing, in-lane positioning...
Nike (NKE) Q2 earnings 2023
Nike on Tuesday reported quarterly results that easily topped Wall Street’s expectations while raising its outlook, as the company touted its success in clearing through its hefty inventory pile...
Target under pressure, hopes value-hungry shoppers come to the rescue
Target is stressing value this holiday season, as consumers feel pinched by inflation. At its store in New Jersey, signs that advertise low-priced items are more prominent than in previous years. Meli...
Auto execs less confident in EV adoption amid economic fears: KPMG
A NYC charging station seen in the Yorkville neighborhood of New York City. Adam Jeffery | CNBC DETROIT — Global automotive executives are less confident about the rate of adoption of electric vehicle...
FedEx (FDX) earnings Q2 2023
FedEx said Tuesday it would cut $1 billion more in costs after weak demand ate into its quarterly profit. The company in September announced cost-cutting measures that included parking planes and clos...
Porsche starts production of e-fuel that could provide gas alternative
Barbara Frenkel, member of the executive board for procurement at Porsche, (left) and Michael Steiner, member of the executive board for development and research fuel a 911 with e-fuel at a pilot plan...
Treasury delays electric vehicle tax credit guidance until March
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht...
Executives make media predictions for 2023
Back by popular demand (OK, fine, I just wanted to do this again), I asked a bunch of past and present media and entertainment executives to give me one significant and/or surprising industry predicti...
$134 million just misses expectations
Avatar: The Way of Water Courtesy: Disney Co. James Cameron’s “Avatar: The Way of Water” fell short of lofty box office expectations, but international ticket sales spark hope that t...
Kidults are the biggest sales driver for the toy industry
Disney’s Star Wars merchandise stuffed toys depicting Grogu character, commonly known as Baby Yoda. Chukrut Budru |Sopa Images | Lightrocket | Getty Images There are two things keeping the toy i...
Head of United Airlines pilot union resigns after comments surface
A United Airlines passenger aircraft prepares to leave its gate and taxi to the runway at San Francisco International Airport in San Francisco, California. Robert Alexander | Getty Images The newly el...