The reborn Fisker produced just over 10,000 cars in 2023, delivering around 4,700 units of the Ocean crossover to customers across 12 markets worldwide (including some right-hand-drive countries) following the first deliveries in June. Fisker says it is already a revenue-generating company, despite supply chain issues and other challenges, and now it has launched a … Read more
LONDON — The longest planned strike in the history of Britain’s state-funded National Health Service entered its second day of six on Thursday with doctors in England at loggerheads with hospitals over requests for some to leave the picket line to cover urgent needs during one of busiest times of year. The strike is the … Read more
Remember when you were eight years old, and you finally got to go to your first big auto show? The sights, the sounds, the oddly-musty smell of the convention center — all incredible, memorable experiences. There’s one, though, that stands above them all: Camp Jeep. Contrary to reports, the iconic Camp Jeep isn’t disappearing any … Read more
Shares of Walgreens fell more than 11% on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in half. The retail pharmacy giant slashed its dividend to 25 cents per share from 48 cents per share to “strengthen [its] long-term balance sheet and cash position,” … Read more
Mobileye signage is displayed during the company’s initial public offering at the Nasdaq MarketSite in New York on Oct. 26, 2022. Michael Nagle | Bloomberg | Getty Images Mobileye, the self-driving technology company majority owned by Intel, warned on Thursday that it expected that customer orders would drop off dramatically for the first quarter of … Read more
2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT – Ford Motor’s U.S. sales increased about 7% last year, marking the automaker’s best sales since 2020 but coming in lower than the overall industry’s growth. Ford on Thursday reported sales of nearly 2 million vehicles in 2023, a 7.1% increase from the previous year. The company … Read more
Ford has confirmed that it’s going to be raising prices for its base-model 2024 F-150 Lightning by roughly $5,000. This isn’t the first time Ford has toyed with the pricing for its electric pickup truck, but with its biggest competitor, the Tesla Cybertruck, still undergoing countless delays and still more expensive than the Lightning, Ford … Read more
A UPS worker sorts packages in New York on Dec. 18, 2017. Adam Jeffery | CNBC Online spending rose 4.9% year over year, setting a record for e-commerce during the holiday season, as shoppers pounced on discounts and leaned on buy now, pay later to cover more of their purchases, according to Adobe Analytics. Sales … Read more
Peloton has launched a partnership with TikTok. Courtesy of: Peloton Peloton launched a partnership with TikTok on Thursday as part of its strategy to change its public perception and attract a broader array of customers as sales and profits fall. The partnership will create a new fitness hub on the social media platform dubbed “#TikTokFitness … Read more
BANGKOK — The swift and safe evacuation of a Japan Airlines jet that caught fire after hitting a Coast Guard aircraft while it was landing Tuesday at Tokyo’s Haneda airport reflects a dogged dedication to safety and training by the airline, and hard experience from past disasters. JAL set up a Safety Promotion Center at … Read more
