Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs

Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs

A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT – Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed. Ford on Wednesday reported … Read more

Stellantis U.S. auto sales extend free fall in third quarter

Stellantis U.S. auto sales extend free fall in third quarter

Jeep vehicles are delivered to a dealership on June 20, 2024 in Chicago, Illinois.  Scott Olson | Getty Images DETROIT — Stellantis U.S. new vehicle sales continued a yearslong freefall during the third quarter, despite CEO Carlos Tavares’ attempts to correct what he has called “arrogant” mistakes. The Transatlantic carmaker reported U.S. sales Wednesday of … Read more

Eli Lilly to build $4.5 billion research and manufacturing center

Eli Lilly to build .5 billion research and manufacturing center

Eli Lilly will spend $4.5 billion to build a center aimed at finding better ways to manufacture its medicines.  The facility, called the Lilly Medicine Foundry, will house development of new manufacturing methods with an eye toward efficiency. It’s a strategy that’s already paying off with Lilly’s obesity and weight loss drugs Mounjaro and Zepbound, … Read more

Swine fever sweeps Italy’s north, threatening production of prized prosciutto and livelihoods

Swine fever sweeps Italy’s north, threatening production of prized prosciutto and livelihoods

CORTELEONA E GENZONE, Italy — One of Giovanni Airoli’s sows tested positive for African swine fever in late August. Within a week, all 6,200 sows, piglets and fattening pigs on his farm south of Milan were slaughtered under strict protocols to halt the disease threatening Italy’s 20 billion euro prosciutto, cured sausage and pork industry. … Read more

Massive Dockworkers Strike Could Send Ripples Through Automotive Industry

Massive Dockworkers Strike Could Send Ripples Through Automotive Industry

Good morning! It’s Tuesday, October 1, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: 45,000 Dock Workers Strike On East Coast Dockworkers on the U.S. … Read more

In India, warming climate pressures scientists to keep developing tougher seeds

In India, warming climate pressures scientists to keep developing tougher seeds

BENGALURU, India — Unpredictable rains and increasing heat aren’t just making life more difficult for the people of Rayanpet, a village in India’s arid south. They’re also taking a toll on the thousands of acres of rice grown here. “We used to know when it would rain and for how long and we sowed our … Read more

Cramer reviews the S&P 500’s top performers during the third quarter

Cramer reviews the S&P 500’s top performers during the third quarter

As heightened tensions in the Middle East sent the major averages tumbling on Tuesday, CNBC’s Jim Cramer reminded investors about the market’s solid performance over the past quarter. He suggested the market has broadened considerably beyond Big Tech and reviewed the top performers on the S&P 500, saying the past three months saw “the revenge … Read more

23andMe Is Sinking Fast. Can the Company Survive?

23andMe Is Sinking Fast. Can the Company Survive?

Kteily says by the time the company rolled out these services, it was too late. Customers had already left the platform. “I think they hit on something viral, which was the concept of where you’ve come from. People found that so fascinating. But once you know that information, you’re not going to come back five … Read more

Hurricane Helene Destroys 672 Cars At A Single Florida Dealership

Hurricane Helene Destroys 672 Cars At A Single Florida Dealership

Photo: Joe Raedle / Staff (Getty Images) Hurricane Helene made landfall in the U.S. on September 26 near Perry, Florida, with winds blowing at Category 4 strength, killing at least 128 so far. Many of the stories we see focus on much of the devastation in North Carolina where people living in towns and cities … Read more

After Helene’s destruction, a mountain town reliant on fall tourism wonders what’s next

After Helene’s destruction, a mountain town reliant on fall tourism wonders what’s next

BOONE, N.C. — Freddie Pell helps lift a vintage wooden chair off the sidewalk and back inside his art gallery. It’s starting to rain in downtown Boone, and he doesn’t want it to get soaked — again. Inside, vast muddy puddles spread across the room as workers use mops to push the water out the … Read more