Browsing Category
Business
GM trims 2024 EV forecast amid slower-than-expected demand
GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland / CNBCDETROIT – General Motors is trimming its expected sales and production of all-electric vehicles this year, as U.S.…
U.S. millionaire population grew by 500,000 last year
B2m Productions | Digitalvision | Getty ImagesThe U.S. far outpaced the rest of the world in minting millionaires last year, adding 500,000 new millionaires and powering record fortunes at the top, according to a new study.America's…
FDA approves GSK RSV vaccine for adults 50 to 59
A view shows GlaxoSmithKline headquarters in London, Britain, January 17, 2022.Hannah Mckay | ReutersThe Food and Drug Administration on Friday expanded the approval of GSK's respiratory syncytial virus vaccine to adults ages 50 to 59…
Child care crisis costs U.S. businesses
Vadym Buinov | Moment | Getty ImagesThe Covid-19 pandemic brought to the surface both cracks and resilience in the American economy, with child care taking center stage as day cares shuttered, schools went remote and parents attempted to…
Oscar Health CEO Mark Bertolini set to take on employer market
Mark Bertolini has helped Oscar Health move toward profitability after taking over as CEO of the health insurer a year ago. Now, he says the company's next phase of growth and profitability will focus on tapping into the employer…
American Airlines flight attendant union rejects pay raise offer
American Airlines flight attendants demonstrate outside the White House in Washington, May 9, 2024.Drew Angerer | AFP | Getty ImagesThe labor union that represents American Airlines flight attendants on Wednesday rejected a company…
NBA, NHL voice concerns over reorganization
A Bally Sports display is shown in the eighth inning of the game between the MLB's Houston Astros and Minnesota Twins at Target Field in Minneapolis, Minnesota, on April 9, 2023.David Berding | Getty Images Sport | Getty ImagesThe…
Under Armour (UAA) Q1 2023 earnings and guidance
American multinational clothing brand Under Armour store seen in Hong Kong.Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesUnder Armour on Wednesday cut its profit forecast for the fiscal year 2023 as more promotions on its…
England Women make history as Kelly’s extra-time goal seals Euro glory
Chloe Kelly's extra-time goal saw England beat Germany 2-1 and win Euro 2022 in sensational fashion at a packed-out Wembley Stadium.In front of a record-breaking crowd of 87,192, Kelly's 110th-minute winner secured England the country's…
Lordstown Motors (RIDE) Q2 2022 earnings and production
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio.Michael Wayland | CNBCEmbattled electric truck startup Lordstown Motors on Thursday…