TESLA logo on a charging station on May 26, 2023.Harry Langer | Defodi Images | Getty ImagesHyundai Motor and Kia announced Thursday they will soon adopt Tesla's electric vehicle charging system, beginning in the fourth quarter of 2024 in the United States.Hyundai and Kia join others like Ford and...
Levi's 501 blue jeans on display.Sean Gallup | Getty ImagesLevi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street's quarterly revenue expectations and was dragged down by weaker shopping trends at department stores and big-box retailers across the U.S.Shares fell more than 5% in after-hours...
Taylor looks at Rivian electric trucks at the auto maker's newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City.Spencer Platt | Getty ImagesShares of Rivian Automotive fell sharply on Thursday, after the company surprised investors with a plan to offer $1.5...
United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan. Bill Pugliano | Getty ImagesDETROIT – General Motors' stock price fell below $30 a share Thursday for the first time in more than three years amid ongoing strikes by the United...
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, D.C., on July 26, 2023.SAUL LOEB | GettyViolent moves in the bond market this week have hammered investors and renewed fears of a recession, as...
The Lucid Air Pure is the least-expensive version of Lucid's electric Air luxury sedan.Meghan Reeder | CNBCShares of Lucid Group were lower in early trading Thursday after the company launched a cheaper version of its Air electric luxury sedan in a bid to stoke demand.The stock was down about...
Clorox disinfecting wipes are seen displayed for sale at a Walmart Supercenter in Austin, Texas, on Sept. 18, 2023Brandon Bell | Getty ImagesShares of Clorox fell more than 8% Thursday, the morning after the company said an August cyberattack significantly weighed on sales and profits during the prior quarter.The...
Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used with a weight loss plan and physical activity. Michael Siluk | UCG | Getty ImagesBlockbuster weight loss and diabetes drugs like Wegovy and Ozempic may be associated with an increased...
Rory McIlroy shakes hands with Tiger Woods on the 18th green after they completed a practice round prior to the 2023 Masters Tournament at Augusta National Golf Club in Augusta, Georgia, on April 3, 2023.Christian Petersen | Getty ImagesDisney's ESPN has nabbed the broadcast rights to air matches from...
Torsten Muller-Otvos, the Rolls-Royce CEO who turned an aging brand into a coveted badge of success for pop stars, athletes and young entrepreneurs, is retiring after 14 years.Rolls-Royce announced Thursday that Muller-Otvos, 63, the longest serving CEO of Rolls-Royce in nearly a century, will retire on December 1. He...