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Ram cancels plans for all-electric pickup truck

Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at the Venetian Resort Las Vegas on Jan. 5, 2023. Ethan Miller | Getty Images Stellantis‘ Ram brand is canceling plans to develop a full-size electric Ram 1500 pickup truck, citing slowing demand […]

Pfizer, Moderna shares fall on Trump child Covid shot report

Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Shares of Pfizer and Moderna fell on Friday after a report that Trump administration health officials plan to link Covid vaccines to the deaths of 25 children.  The report from the […]

How multifamily offices are playing commercial real estate

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The family offices […]

Elon Musk fortune now comes mostly from private companies

Tesla and SpaceX CEO Elon Musk arrives to the inauguration of U.S. President-elect Donald Trump in the Rotunda of the U.S. Capitol on Jan. 20, 2025 in Washington, DC.  Chip Somodevilla | Via Reuters A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor […]

CPI report health care inflation rises

Jose Luis Pelaez Inc | Digitalvision | Getty Images Health-care inflation is fueling higher coverage costs, setting the stage for what could be the largest increase in health-care spending by large employers in 15 years. Medical care costs in August rose 4.2% on an annualized basis, according to the Labor Department’s Consumer Price Index, compared […]

Kodak launches vintage-style toy camera with strong sales

Kodak Charmera Keychain Digital Camera Source: Kodak Eastman Kodak‘s latest product launch — a line of 1980s-inspired digital toy cameras called the “Kodak Charmera” — seems to have struck a nostalgic chord with consumers. The palm-sized point-and-shoot cameras, released Tuesday in collaboration with camera company Reto, are already sold out on Kodak’s website and are […]

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