Honda teases new EVs with Space-Hub, Saloon concept cars
Honda teases new EVs with Space-Hub, Saloon concept cars
revealed two concept cars Tuesday at the CES tech conference as a preview for a new lineup of electrified vehicles that will begin arriving in North America in 2026. The concept models are called the "Space-Hub" and "Saloon," which the firs...
2024-01-15 09:43:28
Boeing CEO admits 737 Max 9 ‘mistake’ after midair panel blowout
Boeing CEO admits 737 Max 9 ‘mistake’ after midair panel blowout
The accident puts more scrutiny on Boeing and its CEO. The company has struggled with a string of defects on its planes over the past few years, while it tried to ramp up production and improve its reputation after fatal crashes in 2018 and...
2024-01-15 09:43:22
Home prices surge, Detroit gains beat Miami
Home prices surge, Detroit gains beat Miami
Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. On a national level, home prices jumped 5.2% in November compared to the same month a year earlier, according to a new report from analytics firm Co...
2024-01-15 09:43:17
LeBron James signs Fanatics deal, leaves Upper Deck
LeBron James signs Fanatics deal, leaves Upper Deck
LeBron James is moving his trading card sponsorship to Fanatics Collectibles after more than 20 years with rival Upper Deck. Fanatics will kick off the deal by selling a unique Bowman brand card featuring a dual autograph of the National Ba...
2024-01-15 09:43:11
<b>Global shipping rates set to surge as carriers avoid Red Sea</b>
Global shipping rates set to surge as carriers avoid Red Sea
The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday, while longer transit times around Africa are disrupting and delaying deliveries of produc...
2024-01-15 09:43:06
SpaceX, T-Mobile send first texts via Starlink satellites
SpaceX, T-Mobile send first texts via Starlink satellites
SpaceX successfully sent text messages via Starlink satellites using network, it announced Wednesday, as company aims to bring its direct-to-device cell service to market in the coming year. The recent test comes as major players pursue , a...
2024-01-15 09:42:59
<b>The Messenger bets survival on huge ad revenue turnaround</b>
The Messenger bets survival on huge ad revenue turnaround
The Messenger, the co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic rebound in advertising this year. The company is attempting to stop the cash burn that has put it in...
2024-01-15 09:42:53
Neiman Marcus CEO addresses Saks sale rumors
Neiman Marcus CEO addresses Saks sale rumors
ORLANDO, Fla. — As rumors swirl over whether Saks Fifth Avenue will acquire Neiman Marcus, Neiman's CEO told CNBC there's "no need" to sell the business, adding it's unlikely to change hands in the next five years. Neiman's largest compet...
2024-01-15 09:42:48
<b>What Wall Street wants to see from Hollywood in 2024</b>
What Wall Street wants to see from Hollywood in 2024
It's the third act of the streaming wars. That's the time a hero, seemingly beaten and broken, rises up and saves the day. But Wall Street is worried that hero may never come for Hollywood. Legacy media companies including , , and are tryin...
2024-01-15 09:42:41
Citigroup at risk of quarterly loss after disclosing charges
Citigroup at risk of quarterly loss after disclosing charges
warned investors late Wednesday that tied to the decline of the Argentine peso as well as the bank's came in far higher than disclosed by the company's CFO just weeks ago. The bank said its fourth-quarter results, scheduled to be released F...
2024-01-15 09:42:36
<b>Sperry shoes sold by Wolverine World Wide to Authentic Brands Group</b>
Sperry shoes sold by Wolverine World Wide to Authentic Brands Group
has sold Sperry to brand management firm and Reebok owner Authentic Brands Group, as the footwear retailer looks to focus on better performing assets, the company announced Thursday. Canadian retailer the Aldo Group has been tapped as the b...
2024-01-15 09:42:30
CVS to close ‘select’ pharmacies in Target stores in the coming months
CVS to close ‘select’ pharmacies in Target stores in the coming months
In this article plans to close select pharmacies inside stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the U.S. struggle to boost profits. The closures will begin in February and finish by the end...
2024-01-15 09:42:25
<b>New York and California make retail theft top 2024 priority</b>
New York and California make retail theft top 2024 priority
The governors of New York and California announced sweeping plans to this week, as trade associations and police departments lobby for government action to curb theft. The plans include new legislation designed to for retail crime offenses...
2024-01-15 09:42:19
FAA to audit Boeing production line after 737 Max 9 accident
FAA to audit Boeing production line after 737 Max 9 accident
In this article The Federal Aviation Administration on Friday said it will audit 's production line, a week after a door plug blew off an 737 Max 9. The agency said it is considering using "an independent third party" to oversee Boeing insp...
2024-01-15 09:42:14
Space company Momentus MNTS running out of money
Space company Momentus MNTS running out of money
Space company warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial lifeline. Momentus, once valued at more than $1 billion in 2021, abandoned plans for its next mission,...
2024-01-15 09:42:05