Business

Although consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come. Andrew Merry | Moment | Getty Images DETROIT — The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state

In this article GM TSLA Follow your favorite stocksCREATE FREE ACCOUNT General Motors Executive Vice President Global Manufacturing and Labor Relations Gerald Johnson (middle) watches as engineers and technicians set-up and test the machines that will be used to manufacture Level 1 face masks at a plant in Warren, Michigan. Photo by John F. Martin

An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Boeing‘s latest Max crisis is forcing some of its biggest customers to rethink their growth plans this year — and possibly beyond, several airline CEOs said Tuesday. Their

In this article KSS Follow your favorite stocksCREATE FREE ACCOUNT Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s said Tuesday that it’s teaming up with the owner of Babies R Us to bring baby gear, furniture and more to approximately 200 of its stores across

In this article BROS MCD PTLO Follow your favorite stocksCREATE FREE ACCOUNT A Portillo’s Beef Bus in Kissimmee, Florida. Source: Portillo’s When Chicago-based Portillo’s enters a new market, it sends its “Beef Bus” ahead of time, slinging its hot dogs and Italian beef sandwiches to new customers for weeks, introducing them to the brand and

Jessica Berman, commissioner of the National Women’s Soccer League, speaks during a panel on women’s professional soccer at the Hilton Anatole in Dallas on Feb. 10, 2024. Omar Vega | Getty Images Sport | Getty Images At 16 years old, Jessica Berman was one of those rare teenagers who knew exactly what she wanted to

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. Eli Lilly & Co.’s shares climbed in early US trading after its experimental drug for Alzheimer’s slowed the progress of the disease in a final-stage trial, paving the way for the company to

Nurphoto | Nurphoto | Getty Images Pfizer is ready to move on from Covid.  Now, the company is betting on cancer drugs to help it regain its footing after a rocky year marked by the rapid decline of its Covid business. It just might take a while before that bet pays off.  Pfizer pitched its

In this article NVO NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT Novo Nordisk CEO Lars Fruergaard Jørgensen on Friday said the company’s experimental weight loss pill, amycretin, could eventually become a best-in-class treatment for obesity.  The Danish drugmaker is racing to capitalize on the runaway success of its blockbuster weight loss drug Wegovy by developing

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The Chevrolet All-Electric Blazer EV. Scott Mlyn | CNBC DETROIT — General Motors is reducing the price of its new Chevrolet Blazer EV by thousands of dollars as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues. Current 2024

In this article LLAP LMT Follow your favorite stocksCREATE FREE ACCOUNT Terran Orbital Satellite manufacturer Terran Orbital is “looking at everything” regarding the company’s future, CEO Marc Bell told CNBC, as it considers Lockheed Martin’s acquisition offer. “We found out about [Lockheed’s takeover bid] when the rest of the world found out about it,” Bell

In this article STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT 2024 Dodge Charger Daytona Scat Pack EV Dodge DETROIT — Dodge won’t abandon its traditional, gearhead, high-octane Charger and Challenger owners with its next-generation muscle car. The automaker on Tuesday revealed the new Dodge Charger as an all-electric vehicle as well as a next-generation gas-powered

Injection pens of Novo Nordisk’s weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters The Food and Drug Administration on Friday approved Novo Nordisk‘s blockbuster weight loss drug Wegovy for use in slashing the risk of serious cardiovascular complications in adults with obesity and heart

In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT Rocket LV0006 tilts during liftoff. Astra / NASASpaceflight Space company Astra will go private in a cut-rate deal with its founders after a dismal run as a publicly-traded stock. Astra co-founders Chris Kemp and Adam London – CEO and CTO, respectively – signed an agreement

In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT A general view of an Old Navy store.  Gap Inc. Gap’s largest banner Old Navy returned to growth for the first time in more than a year during its holiday quarter as the retailer delivered earnings on Thursday that came in well ahead of Wall

Getty Images As retailers compete for grocery shoppers, some of the big names in the business have zeroed in on the same strategy: get deliveries to customers’ doors quickly. This week, Target announced a new paid membership program with free same-day home deliveries as a key perk. Walmart expanded its same-day delivery offering to allow

President Joe Biden speaks during an event at the National Institutes of Health in Bethesda, Maryland, Dec. 14, 2023. Chris Kleponis | Bloomberg | Getty Images President Joe Biden on Wednesday said the federal Medicare program should negotiate prices for at least 50 prescription drugs each year, up from the current target of 20 medicines. 

In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT Federal Reserve Chair Jerome Powell fist-bumps former Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response” in the Rayburn House Office Building in Washington, D.C., on Dec. 2, 2020. Greg Nash |

In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024. Charly Triballeau | Afp | Getty Images Delta Air Lines just became the latest

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Steph Kronos, a pro-union activist, tries to talk to Starbucks customers while joining Starbucks workers, former employees and supporters in holding signs in support of a strike, outside of a Starbucks store in Arlington, Virginia, on Nov. 16, 2023. Saul Loeb | AFP | Getty