Ford, GM, Stellantis stocks fall after disappointing earnings reports
A Ford Bronco on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT — Ford Motor is leading a decline in major U.S. automotive stocks this week amid disappointing results and investor skepticism around future performance. Shares of Ford closed Thursday at $11.16, down by 18.4% — […]
‘I’ve no heirs’: I’m 65 and have a $650,000 house with a $50,000 mortgage, and own two rentals. I only have $100,000 in the bank. Should I release that equity?
A reader has no heirs and is ready to enjoy life, but all their money is tied up in properties.
GM’s newest sports car tops 1,000 horsepower
2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — General Motors’ newest Chevrolet Corvette will be the most powerful version of the American sports car ever produced — and it’s not even close. The Detroit automaker said Thursday the 2025 Chevy Corvette ZR1 will be powered by a twin-turbocharged, 5.5-liter, V8 engine capable […]
Boeing’s crewed Starliner flight won’t return until August
Boeing’s Starliner spacecraft is pictured docked to the International Space Station. NASA Boeing’s crew spacecraft Starliner will stay docked with the International Space Station into August, NASA confirmed on Thursday, as the mission remains on hold while the company and agency study problems that arose early in the flight. Starliner capsule “Calypso,” which carried NASA […]
These tips for investing in mutual funds and ETFs steer you through the market’s ‘great rotation’
Housing-sector and value funds are looking more attractive.
‘Deadpool & Wolverine’ set for highest opening of an R-rated film
Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool and Wolverine.” Disney The “Merc with a Mouth” returns to the big screen this weekend, and he’s doing more than bringing an R-rating to Disney’s Marvel Cinematic Universe. “Deadpool & Wolverine,” the third stand-alone feature starring Ryan Reynolds as the regenerating degenerate, is expected to tally […]
Ford’s stock heads for worst decline since 2009 amid ‘surprise’ impact of warranty costs and EV losses
“We do not expect investors to give Ford a pass” on the car maker’s higher-than-expected second-quarter warranty costs, says J.P. Morgan analyst Ryan Brinkman.
Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines is ending open seating and will offer extra legroom seats on its airplanes as mounting pressure on the carrier to increase revenue prompts the biggest changes to its business model in its 53 years of flying. […]
American Airlines (AAL) earnings Q2 2024
An American Airlines Boeing 737 MAX 8 aircraft approaches San Diego International Airport for a landing from Phoenix on June 28, 2024 in San Diego, California. Kevin Carter | Getty Images American Airlines is forecasting a drop in unit revenue of as much as 4.5% for the third quarter as high demand failed to make […]
Universal Music Group, a massive holding of Bill Ackman, sees stock-price tumble on streaming worries
Shares in Universal Music Group, a big holding of Bill Ackman’s Pershing Square Capital Management, lost more than a quarter of its value on Thursday on concerns over streaming revenue.
