Porsche 911 hybrid sports car revealed for $164,900
Porsche 911 hybrid sports car revealed for $164,900
on Tuesday revealed the first-ever production hybrid version of its iconic 911 sports car, with a starting price of $164,900. The 2025 911 Carrera GTS hybrid marks a significant change to the iconic German sports car amid the automotive ind...
2024-05-29 10:29:36
<b>McDonald's CosMc's chain expansion</b>
McDonald's CosMc's chain expansion
Nearly six months since opened its first CosMc's location, the hours-long drive-thru lines have died down, but the chain is just getting started. The the spinoff using one of its lesser-known McDonaldland mascots, CosMc, an alien who loves...
2024-05-29 10:29:29
<b>Starbucks union negotiations set to resume</b>
Starbucks union negotiations set to resume
"We heard Narasimhan make that statement after the earnings call that they're aware that stores have experienced staffing issues," said Eisen, who has been with the company for more than a decade and is among 150 delegates attending in-pers...
2024-05-29 10:29:22
American Airlines cuts outlook, says chief commercial officer is leaving
American Airlines cuts outlook, says chief commercial officer is leaving
slashed its sales outlook on Tuesday. The company has also let go of its chief commercial officer, Vasu Raja. He will leave his position next month. American Airlines said it expects unit revenues to fall as much as 6% in the second quarter...
2024-05-29 10:29:14
<b>Ohtani translator accused of stealing $16 million from Dodgers star</b>
Ohtani translator accused of stealing $16 million from Dodgers star
Shohei Ohtani's former translator Ippei Mizuhara allegedly stole more than $16 million from the Los Angeles Dodgers star to cover millions of dollars of gambling debts, the U.S. attorney's office announced Thursday. The office, which filed...
2024-04-13 17:54:08
<b>Bank earnings: High interest rates set to pressure small players</b>
Bank earnings: High interest rates set to pressure small players
The benefits of scale will never be more obvious than when banks begin reporting quarterly results on Friday. Ever since the chaos of last year's regional that consumed three institutions, larger banks have mostly fared better than smaller...
2024-04-13 17:54:01
F-150 Lightning: Ford prepares to resume shipments, drops some prices
F-150 Lightning: Ford prepares to resume shipments, drops some prices
DEARBORN, Mich. — is lowering the starting prices of some all-electric F-150 Lightning pickup trucks as it prepares to resume shipping the vehicles after quality issues. The included models are expected to ship later this month for betwee...
2024-04-13 17:53:53
<b>Why car insurance costs are skyrocketing, leading to higher inflation</b>
Why car insurance costs are skyrocketing, leading to higher inflation
DETROIT – Skyrocketing auto insurance costs helped contribute to accelerating at a faster-than-expected pace and are adding to the ever more expensive costs for U.S. vehicle owners. On a monthly basis, car insurance prices as part of the...
2024-04-13 17:53:46
<b>NIL-era college athletes navigate new realm of financial literacy</b>
NIL-era college athletes navigate new realm of financial literacy
Three years after three little letters revolutionized collegiate sports, a billion-dollar industry is funneling more money into college athletes' bank accounts — and financial literacy has never been more important. In 2021, college athle...
2024-04-13 17:53:40
Weight loss, diabetes drugs not linked to suicidal thoughts: EU probe
Weight loss, diabetes drugs not linked to suicidal thoughts: EU probe
European Union drug regulators found that highly popular such as Wegovy and Ozempic are linked to an increased risk of , the regulator said Friday. The European Medicines Agency conducted a into so-called GLP-1s, a blockbuster class of trea...
2024-04-13 17:53:33
Nike CEO blames remote work for innovation slowdown
Nike CEO blames remote work for innovation slowdown
CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it's tough to be disruptive when people are working from home. In an interview with CNBC's from Paris, Donahoe was asked about the compa...
2024-04-13 17:53:26
Citigroup (C) earnings Q1 2024
Citigroup (C) earnings Q1 2024
In this article on Friday posted first-quarter revenue that topped analysts' estimates, helped by better-than-expected results in the bank's investment banking and trading operations. Here's how the , compared with estimates from LSEG, form...
2024-04-13 17:53:18
JPMorgan Chase (JPM) earnings Q1 2024
JPMorgan Chase (JPM) earnings Q1 2024
In this article on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came in better than expected. Here's what the compared with estimates from analysts surveyed by LSEG, formerly known a...
2024-04-13 17:53:11
Nike CEO acknowledges it went too far in direct push
Nike CEO acknowledges it went too far in direct push
CEO John Donahoe acknowledged Friday that the company moved too far away from wholesale partners like and in its quest to become a retailer that primarily sells merchandise to shoppers through its own stores and website. "We recognize that...
2024-04-13 17:53:04
StubHub eyes summer IPO, seeks $16.5 billion valuation
StubHub eyes summer IPO, seeks $16.5 billion valuation
In this article StubHub is eyeing a summer initial public offering, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which is what it was valued at in late 2021 d...
2024-04-13 17:52:55