Jeep sales expected to grow 50% by 2027
Jeep Wagoneer S Trailhawk EV concept Michael Wayland / CNBC AUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, as the automaker attempts to leverage the quintessential American SUV brand for increased profits. The trans-Atlantic automaker on Thursday said it will expand production and […]
Stellantis has achieved $9 billion in cost reductions from merger
Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company’s investor day at its North American headquarters in Auburn Hills, Mich. Michael Wayland / CNBC AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations […]
Tempus AI prices its IPO at high end of range
Precision medicine company Tempus AI said its initial public offering of 11.1 million shares priced at $37 each, compared with an estimated range of $35 to $37.
Netflix needs NFL Christmas games broadcast partner
Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty Images Netflix is trying to get ready for some football. The streaming giant has […]
Trump reportedly floats replacing income taxes with tariffs, gets criticized by economists
Economists and other analysts offered criticism Thursday after a CNBC report said presumptive Republican presidential nominee Donald Trump had floated the idea of imposing an “all-tariff policy” that could let the U.S. eliminate income taxes.
GameStop annual shareholder meeting 2024 servers crash
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | Reuters GameStop’s annual shareholder meeting experienced server issues Thursday, crashing under overwhelming interest for the stream, a customer service representative for the company hosting the […]
These tips for investing in mutual funds and ETFs include crypto-trading keys
Promising ether and bitcoin ETFs are getting noticed. Plus, TIPS ETFs to fight inflation.
Inside Abercrombie and Fitch’s comeback
Abercrombie & Fitch has transformed itself from a dying mall brand into a Wall Street darling after spending years revamping its product assortment, overhauling its supply chain and rebranding as an inclusive retailer. Shares of the apparel company have surged over the last year as it posted quarter after quarter of sales growth and profits […]
Southwest CEO vows change as activist Elliott pushes for new leadership
A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines CEO Bob Jordan said the company is ready to adapt to changing customer trends like premium seating as pressure from an activist investor mounts. “We will adapt as our customers’ needs adapt,” Jordan said at an […]
I met a woman on Hinge who says she wants a man who believes in ‘chivalry.’ Is this just code for a free meal?
“She said her ideal date was a man who would give her a choice of three restaurants and take charge of the date.”
