Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever. “I have never helped do anything at Berkshire [H...
Tag: Breaking News: Business
McDonald’s to launch McPlant nuggets with Beyond Meat in Germany
McDonald’s is adding its McPlant burger and nuggets to menus in Germany. Source: McDonald’s McDonald’s is expanding its McPlant line with another Beyond Meat item. The fast-food gian...
Opioid overdose treatment Narcan recommended by FDA advisors for over-the-counter use
The Food and Drug Administration’s independent advisors on Wednesday unanimously recommended over-the-counter use of the nasal spray Narcan to reverse opioid overdoses, which would significantly...
Moderna CEO Bancel will testify before Senate on Covid vaccine price hike
Moderna CEO Stephane Bancel will testify before the Senate health committee in March over the company’s plans to hike the price of its Covid-19 vaccine. Sen. Bernie Sanders, chair of the health ...
Ford F-150 Lightning EV production halted until end of next week
Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, a China-based c...
Bernie Sanders hints at Starbucks CEO Schultz subpoena
Senator Bernie Sanders (I-VT) (L), Starbucks CEO Howard Schultz Reuters (L) | Getty Images (R) Sen. Bernie Sanders hinted that lawmakers could subpoena Howard Schultz to compel the outgoing Starbucks ...
Ant-Man and the Wasp in Quantumania gets bad reviews
Paul Rudd is Scott Lang, aka Ant-Man, alongside Johnathan Majors as Kang the Conqueror in “Ant-Man and the Wasp in Quantumania.” Disney Are the pint-sized heroes of Disney’s “A...
FAA tells Senate it will avoid repeat of NOTAM outage
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Ima...
Chipotle to launch spinoff Farmesa in ghost kitchen
Chipotle Mexican Grill is launching a new spinoff, called Farmesa Fresh Eatery, in a California ghost kitchen. It’s the latest attempt by the burrito chain to branch out into new cuisines. Its p...
Ford halts F-150 Lightning production due to possible battery issue
Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has paused pro...
Coca-Cola (KO) Q4 earnings
Coca-Cola on Tuesday reported quarterly revenue that beat analysts’ expectations, driven by higher prices for its drinks. But those higher prices have hurt demand for Coke products like Simply O...
Boeing January plane orders and deliveries slip
A Boeing 737 MAX 10 airliner pauses while taxiing on the flight line before its first flight at Renton Municipal Airport on June 18, 2021 in Renton, Washington. Stephen Brashear | Getty Images Boeing&...
NBC wants the NBA back
Cue up John Tesh’s “Roundball Rock” – “The NBA on NBC” may be returning, if NBC Sports gets its way. Comcast‘s NBCUniversal is preparing to make a bid to win back N...
Elon Musk, Scott Kelly debate use of Starlink in Ukraine
Ukrainian forces set up Starlink satellite receivers to provide connection for civilians at Independence Square after the withdrawal of the Russian army from Kherson to the eastern bank of Dnieper Riv...
Ford sets EV battery factory plan with China’s CATL
DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. The ant...
Ram EV pickup debuts in Super Bowl ad spoofing sex drugs ads
Ram’s 2023 Super Bowl ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale late-next year. Screenshot DETROIT – Stellantis will air a 60-second Sup...
Alec Baldwin attorneys seek to reduce possible penalty
Actor Alec Baldwin departs his home, as he will be charged with involuntary manslaughter for the fatal shooting of cinematographer Halyna Hutchins on the set of the movie “Rust”, in New Yo...
States says pulling FDA approval would be ‘devastating’
The attorneys general from 21 states and Washington, D.C., on Friday argued that the attempt to pull the abortion pill from the U.S. market would have “devastating consequences” for women....
Astronaut Sen. Mark Kelly praises ‘stunning’ space business
Arizona Sen. Mark Kelly speaks at the annual Commercial Space Transportation conference on Feb. 9, 2023. Michael Sheetz | CNBC Arizona Sen. Mark Kelly, who flew to space four times over a 15-year care...
GM, Jeep and Kia among only automaker advertisers
Automakers – historically among the largest Super Bowl advertisers – are mostly bypassing this Sunday’s NFL championship game to preserve cash or spend ad dollars elsewhere. The only automakers ...
Bob Iger signals Disney Hulu strategy shift
Disney CEO Bob Iger’s apparent openness to selling Hulu marks a stark reversal in strategy for the company — and an even more surprising shift if Iger sells the streaming service to Comcast. Ige...
The Covid emergency in the U.S. ends May 11. HHS officials say here’s what to expect
People walk past a COVID-19 walk up testing site on July 28, 2022 in New York City. Liao Pan | China News Service | Getty Images The Health and Human Services Department on Thursday laid out what will...
Jeep Wrangler SUV at $115,000 is most expensive ever
Rubicon 20th Anniversary Level II by American Expedition Vehicles (AEV) upfit for 2023 Jeep Wrangler Rubicon 392 Jeep CHICAGO – Jeep on Thursday revealed its most expensive Wrangler SUV ever, topping ...
Child killed, another injured in Baby Trend strollers
Baby Trend Sit N’ Stand Double stroller Source: U.S. Consumer Product Safety Commission A baby was killed and another was injured after they became entrapped in a popular Baby Trend stroller tha...
SpaceX test fires Starship booster
SpaceX test fires engines in the towering rocket booster of its Starship prototype on February 9, 2023. Source: SpaceX SpaceX on Thursday test fired 31 of the 33 engines in the towering rocket booster...
General Motors, GlobalFoundries strike semiconductor deal
The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed ...
Chick-fil-A will test cauliflower sandwich
Chick-fil-A is making its cauliflower sandwich the same way as its original chicken sandwich. Source: Chick-fil-A Chick-fil-A will test its first plant-based entree: a cauliflower sandwich. The new sa...
Disney proxy fight is over, Nelson Peltz says
Nelson Peltz declared his proxy fight with Disney was over Thursday after the entertainment giant unveiled a vast restructuring plan, cost cuts and 7,000 layoffs. “Now Disney plans to do everyth...
McDonald’s, Taco Bell owner Yum rule amid high inflation
A girl waiting in line to pick up an order at a McDonald’s restaurant. Oleksii Chumachenko | SOPA Images | Lightrocket | Getty Images Fast-food chains are looking like the big winners in the fou...
Airlines, rocket launches compete for airspace as FAA manages demand
The SpaceX launch pad is seen from the window of Air Force One at Kennedy Space Center, Wednesday, May 27, 2020, in Cape Canaveral, Fla. Evan Vucci | AP WASHINGTON — Space companies are launching more...