The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT – Ford Motor is set to report second-quarter earnings after the markets close Wednesday.The Detroit automaker's results are expected to be relatively healthy, although down from the second quarter of 2023 and...
Kena Betancur | Corbis News | Getty ImagesPfizer on Wednesday said its experimental gene therapy for a rare genetic blood-clotting disorder succeeded in a large late-stage trial, paving the way for a potential approval.The treatment for hemophilia A could become the company's second gene therapy to enter the U.S....
Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024.Steve Pfost | Newsday | Getty ImagesSales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to...
GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland / CNBCDETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand's first...
Feverpitched | Getty ImagesBipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices of drug supply chain middlemen who are widely accused of inflating prescription medication prices and harming U.S. patients and pharmacies.The legislation aims to ensure community pharmacies can provide care...
Real estate, with its large transaction sizes and frequent use of bank wires, has proven to be an especially lucrative target for cybercriminals.
A person walks into a UPS (United Parcel Service) customer center on April 1, 2024 in Los Angeles, California. Mario Tama | Getty ImagesUnited Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below expectations and cut its 2024 revenue guidance. The company's shares...
A Comcast service van in Miami.Getty ImagesComcast reports second-quarter earnings before the bell on Tuesday, and Wall Street will be paying close attention to subscriber growth — for both the broadband and streaming businesses.Here is how Comcast is expected to perform, according to estimates from analysts surveyed by LSEG:Earnings...
Microsoft PCs on display at a Best Buy store in Secaucus, N.J. Melissa Repko | CNBCBest Buy on Tuesday announced new plans to try to reverse a two-year sales slump and cash in on a much-awaited replacement cycle of pandemic-era purchases and a fresh wave of innovation.The consumer electronics retailer...
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023.Brandon Bell | Getty ImagesDETROIT — General Motors is set to report second-quarter results before the bell Tuesday.Wall Street expects GM to be the standout among the traditional...