FTC Chair Lina Khan speaks during a Senate Commerce, Science and Transportation Committee confirmation hearing in Washington, D.C., April 21, 2021. Graeme Jennings | Bloomberg | Getty Images The Federal Trade Commission on Friday proposed a new rule that seeks to ban fake online reviews, marking its most aggressive step yet to thwart review fraud.
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In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT 2021 Dodge Durango SRT Hellcat Fiat Chrysler DETROIT – Higher sales of the Chrysler Pacifica minivan and Jeep Compass and Dodge Durango SUVs pushed Stellantis’ second-quarter U.S. new vehicle sales up 6.4% from a year earlier. The uptick is another sign of demand for new
By nearly every measure, buying a car has become extremely expensive. Not only are new vehicle prices near an all-time high, but the interest rate to finance a purchase has also jumped dramatically. Now, fewer affordable new cars even hit the market, according to recent reports. Today, new cars priced under $30,000 make up just
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Lucas Jackson | Reuters Tesla posted its second-quarter vehicle production and delivery report for 2023 on Sunday. Here are the key numbers from the electric vehicle maker: Total deliveries Q2 2023: 466,140 Total production Q2 2023: 479,700 The numbers beat analysts’ expectations and indicate that deliveries
In this article JBLU UAL Follow your favorite stocksCREATE FREE ACCOUNT Planes are seen on the tarmac as people wait for their flight reschedule inside of the Newark International Airport on June 27, 2023 in Newark, New Jersey. Kena Betancur | Getty Images News | Getty Images United Airlines‘ CEO Scott Kirby said that without
In this article MO Follow your favorite stocksCREATE FREE ACCOUNT Cigarettes were once prominently displayed in Hollywood films and glossy magazines. But decades of evidence that smoking kills has caused consumption to plummet. The tobacco industry sold fewer than 11 billion packs of cigarettes in the U.S. in 2020, down from more than 21 billion packs two decades earlier, according to
Aigen founders: Rich Wurden (CTO) and Kenny Lee (CEO) Courtesy: Aigen The Aigen Element looks like a drafting table on rugged tires. It drives itself continuously at around two miles per hour over farmland, using an advanced computer vision system to identify crops and unwanted botanical invaders. With two-axis robotic arms positioned close the ground,
In my opinion, the sooner Vladimir Putin leaves the planet the better. He’s a mass murderer. But the fact is that Putin has pulled off a miracle. The news media says that the mutiny against Russia’s military leaders on Saturday June 24 shows Putin’s weakness. But that’s dead wrong. The mutiny shows Vladimir Putin’s strength. Why? On
The Supreme Court struck down President Joe Biden’s student loan forgiveness plan on Friday, yet college affordability will remain an issue for years to come, experts say — causing more students to opt out altogether. Given the Supreme Court‘s ruling against affirmative action admission policies, as well, “it’s very appropriate for us to be concerned,” said Kelly
In this article SPR BA Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Workers at Boeing aircraft parts supplier Spirit Aerosystems approved a
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A Southwest Airlines Co. plane takes off as representatives and pilots from the Southwest Airlines Pilots’ Association (SWAPA) demonstrate outside Chicago Midway International Airport (MDW) in Chicago, Illinois, U.S., on Wednesday, May 18, 2016. Daniel Acker / Bloomberg / Getty Images Southwest Airlines pilots’ union
In this article ATVI MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella arrives to court in San Francisco on June 28, 2023. Microsoft and Activision Blizzard CEOs are expected to testify to persuade a federal judge in California to reject the Federal Trade Commission’s effort to block their $69 billion deal. Shelby
U.S. Attorney General Merrick Garland speaking on June 22, 2023 in Washington, DC. Chip Somodevilla | Getty Images The Justice Department on Wednesday charged 78 people with $2.5 billion in health-care fraud. The DOJ, in a press release, said the defendants allegedly defrauded programs used to take care of elderly and disabled people. In some
Fanatics founder and CEO Michael Rubin at his office in New York. The Washington Post | Getty Images Fanatics has raised the stakes as it looks to acquire PointsBet’s U.S. business. The sports platform company increased its offering by 50% to $225 million in an effort to outbid DraftKings, which made a non-binding offer of
U.S. financier Jeffrey Epstein appears in a photograph taken for the New York State Division of Criminal Justice Services’ sex offender registry March 28, 2017 and obtained by Reuters July 10, 2019. New York State Division of Criminal Justice Services | Handout | Reuters “Significant misconduct” by federal Bureau of Prisons staff made it much
Satya Nadella, chief executive officer of Microsoft Corp., during an event with senior officials and chief executive officers in the East Room of the White House in Washington, DC, US, on Thursday, June 22, 2023. Chris Kleponis | CNP | Bloomberg | Getty Images Microsoft CEO Satya Nadella told fellow executives and board members last
[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer
Billions of dollars in federal funding from the Biden administration’s Infrastructure Investment and Jobs Act could be wasted because state highway and bridge projects are using an outdated government precipitation model to determine future flood risk, according to a new report from First Street Foundation, a nonprofit climate risk research and technology firm. The government’s
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