Loading

Dana60Cummins, Public domain, via Wikimedia Commons

Ford to Fine Dealers $25,000 for Selling F-150…

Ford is hoping its dealers sell a lot of the electric F-150 Lightning pickups that are on the way to their showrooms now, but not all of them. The automaker has set up a special program that gives…

Uber via Pixabay Images

Uber CEO Announces New Strategy to Cut Costs

Uber will cut back on spending and focus on becoming a leaner business to address a “seismic shift” in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC. “After earnings, I spent several days…

Boeing to Move Headquarters Out of Chicago

Boeing Co. is expected to move its headquarters to Arlington, Va. from Chicago, people familiar with the matter said, a shift that would place the aerospace company's senior executives closer to key government decision makers in the nation's…

Elon Musk via Wikimedia Commons

Twitter re-examines Musk’s bid after Tesla CEO secures…

Initially hostile to the idea of Tesla CEO Elon Musk taking over Twitter, the company is reportedly warming up to the idea after the billionaire said last week he had secured the necessary $43 billion in funding. Sources…

JP Morgan Ends Ban on Hiring Unvaccinated Individuals

U.S.-based multinational financial institution JPMorgan Chase & Co. has announced it will lift its ban on hiring individuals due to their unvaccinated status against COVID-19. In a memo obtained by Bloomberg News, JPMorgan said it will also…

Loading

Dana60Cummins, Public domain, via Wikimedia Commons

Automaker Halts All Operations in Russia to ‘Bet’…

After American automaker Ford announced it was halting its joint-venture operations in Russia, president and CEO Jim Farley said Wednesday the company is going all-in on the U.S.A. on "Varney & Co." "We bet on the United States," Farley told…

Spiking Prices of Lumber is Turning the Housing…

The price of lumber is chipping away at an already "dire" housing market scenario, home builders warn. "If people aren’t listening now, the dire predictions that we've been making appear to be coming true," National Association…