[ad_1] Except it’s not dying, said Kumar Galhotra, president of Ford Blue, Ford’s internal combustion vehicle division. On the contrary, he said, it’s booming. “For someone who might be nursing, I’m spending a lot of my time and investment expanding [production] capacity for all of our Ford Blue vehicles,” told …
Read More »New York sues Donald Trump, Trump Organization for fraud
[ad_1] New York Attorney General Letitia James on Wednesday sued former President Donald Trump, the Trump Organization, three of his adult children, and others for allegedly widespread fraud involving years’ worth of false financial statements related to the company’s business. The 220-page civil lawsuit filed in Manhattan Supreme Court seeks …
Read More »America’s gas prices rise for the first time in 99 days
[ad_1] New York CNN Business — The historic streak of falling gasoline prices is over. After sinking every day for more than three months, US gas prices edged higher – by a penny – to $3.68 a gallon, on average Wednesday, according to AAA. That ends 98 consecutive days of …
Read More »Stephen Colbert on his ‘gratitude’ for grief’s pain
[ad_1] CNN — In a deeply personal and intimate conversation about loss and grief on Anderson Cooper’s new podcast All There Is, “The Late Show” host Stephen Colbert opened up about the importance of “learning to love the thing you most wish had never happened.” Colbert, who is the youngest …
Read More »German government agrees nationalization deal for energy giant Uniper
[ad_1] Uniper has received billions in financial aid from the German government as a result of surging gas and electric prices following Russia’s war in Ukraine. Picture Alliance | Picture Alliance | Getty Images The German government on Wednesday agreed to the nationalization of utility Uniper as it strives to …
Read More »China’s ‘Lipstick King’ returns to Alibaba’s Taobao Live after missing for three months
[ad_1] Hong Kong CNN Business — One of China’s most popular livestreamers quietly resurfaced online Tuesday night, after a three-month absence linked to his appearance with a cake shaped like a tank, in what many believed was an oblique reference to the Tiananmen Square massacre. On Tuesday night, Li Jiaqi …
Read More »Big businesses trumpet ESG credentials. Scrutiny is on the rise
[ad_1] As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds. The corporate world is no exception, with banks, energy producers and a host of other major businesses keen to trumpet their sustainability credentials through …
Read More »Ford stock suffers worst day since 2011 after cost warning
[ad_1] Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s stock suffered its worst day in more than 11 years, after the automaker pre-released part of its third-quarter earnings report and warned investors of $1 billion in unexpected supplier costs. Shares …
Read More »Coinbase is not a buy
[ad_1] Certara Inc: “They’re not bad. They actually don’t lose money. … I think it’s a great spec, and I usually don’t say that.” Melco Resorts & Entertainment Ltd: “It’s a nice spec on the idea that Covid is going to be beaten, but I do not like the gambling …
Read More »Johnson & Johnson CEO touts ‘smart’ data approach at new center
[ad_1] Johnson & Johnson is honing in on finding new solutions to advance health care treatments, CEO Joaquin Duato told CNBC’s Jim Cramer on Tuesday. The “Mad Money” host sat down with the chief executive on Tuesday at the opening of the company’s new research and development center in San …
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