In this article RIDE Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Embattled electric vehicle start-up Lordstown Motors expects to produce and sell up to only 3,000 vehicles through next year, the company announced Monday.
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Cannabis leaves sit on plants growing in a greenhouse in the GW Pharmaceuticals Plc facility in Sittingboune, U.K. on Monday, Oct. 29, 2018. Jason Alden | Bloomberg | Getty Images A vast marijuana farm could soon be built on a small island between the U.K. and Ireland. Peel Group, a real estate firm led by
A woman holds a child as people arrive at a train station converted into a refugee center, at the border control between Poland and Ukraine, after Russia launched a massive military operation against Ukraine, in Przemysl, Poland, February 25, 2022. Kacper Pempel | Reuters Ukrainian hospitals could run out of oxygen supplies in the next
Roman Abramovich, Owner of Chelsea celebrates with The FIFA Club World Cup trophy. Michael Regan – Fifa | Fifa | Getty Images Roman Abramovich has handed “stewardship and care” of Chelsea to the club’s charitable foundation following Russia’s invasion of Ukraine. But Abramovich will remain Chelsea owner and the Russian billionaire, who has invested over
In this article DIS NFLX AMZN From the glamor of celebrities strolling down the red carpet to the memorable speeches to the surprising wins, award shows have attracted massive attention throughout the decades. That storyline proved true for the Oscars and Emmys through much of the late 1980s and 1990s. But that entertainment award-show zeitgeist
One of the five Ukrainian Boeign 737-800 aircraft that landed yesterday at Castellon airport in the face of the political situation in Ukraine and Russia, on 15 February, 2022 in Castellon, Valencian Community, Spain. Carme Ripolles | Europa Press | Getty Images Russia’s invasion of Ukraine this week is ripping through the air travel industry,
Barrick Gold CEO Mark Bristow told CNBC’s Jim Cramer on Friday that the company’s plans to reduce greenhouse gas emissions will deliver financial benefits internally, in addition to the positive environmental impacts. By 2030, the gold miner plans to reduce emissions by 30% compared with its 2018 baseline, according to Barrick’s most recent sustainability report.
In this article AIR-FR As if the airline industry needs yet another hurdle to overcome after two of the worst years it has ever experienced, carriers are now wondering what will happen to travel in Europe given the war in Ukraine. The CEO of Airbus, which is based in Toulouse, France, believes an expected surge
The Centers for Disease Control and Prevention relaxed its mask guidance on Friday, allowing most people to ditch their face coverings so long as Covid-19 hospitalizations in their communities remain low. Under the new CDC guidance, people are advised to wear masks in public areas indoors, including schools, when there’s a lot of virus circulation
Here are the most important news, trends and analysis that investors need to start their trading day: Futures erase losses as fighting in Ukraine is assessed Key inflation gauge favored by the Fed is still hot Ukraine’s capital under threat as Russia presses invasion CDC to significantly ease Covid mask guidelines Friday Biden has made
American Electric Power CEO Nick Akins told CNBC’s Jim Cramer on Thursday that the utility provider feels confident in its cybersecurity defenses. “There’s no question that we’ve been in a heightened sense of security around the resiliency, particularly cyber and physical security. This industry has been obviously working with our government partners for a long
In this article NKLA San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Los Angeles in San Pedro on Friday, December 17, 2021. Brittany Murray | MediaNews Group | Getty Images Shares of
A couple inspects the Monroney sticker on a Ford vehicle at the Helfman Ford dealership on October 28, 2021 in Houston, Texas. Brandon Bell | Getty Images The surge in auto prices in the second half of 2021 has pushed more consumers to take out auto loans that stretch beyond six years, according to a
An Ukraine International Airlines passenger plane is seen as Turkey’s first official spotter area has been put into service for aviation enthusiasts and photographers at Istanbul Airport in Istanbul, Turkey on June 25, 2021. Mehmet Eser | Anadolu Agency | Getty Images Civilian flights within Ukraine were restricted through the end of Thursday, according to
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor has no plans at this time of spinning off its electric vehicle or gasoline-powered vehicle businesses, CEO Jim Farley said Wednesday. His comments come less than a week after Bloomberg News
In this article TSLA An aerial view shows cars parked at the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla has reached a settlement agreement with the U.S. Environmental Protection Agency after the regulators determined Elon Musk’s electric car and solar business had violated the
In this article TSLA Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images Tesla CEO Elon Musk, in an email exchange with CNBC on Tuesday, accused President Joe Biden of ignoring his electric vehicle company in favor of paying more attention to legacy auto makers. But he
In this article HD LOW A customer wearing a protective mask loads lumber at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot‘s next CEO Ted Decker said he wants home professionals to think of the company as more than a convenience
In this article HD A shopper leaves a Home Depot with merchandise that she purchased on August 17, 2021 in Alexandria, Virginia. Alex Wong | Getty Images Home Depot on Tuesday said sales grew 11% in the fiscal fourth-quarter, as the retailer topped Wall Street’s expectations and said it sees sales growth ahead for 2022.
SINGAPORE — Singapore’s Finance Minister Lawrence Wong said the country is “quietly confident” about handling the highly transmissible omicron variant, despite the recent surge in Covid cases the country recorded last week. The city-state may even consider easing restrictions when the latest wave blows over, said the minister who is also co-chair of the nation’s