CNBC’s Jim Cramer on Thursday gave his take on the worst performers in the Nasdaq-100 in 2023. Cramer compared each company’s closing price in 2022 to the end of 2023, noting the biggest losers. The list included healthcare companies as well as several utilities outfits. “You’ve heard of the Dogs of the Dow? Well, now … Read more
In 2022, only 2.1% of venture capital investments in the U.S. went to businesses that are founded solely by women. But some say the gap may be closing. Maskot | Digitalvision | Getty Images Starting a business is always challenging and while women have historically faced additional challenges, some female founders say the landscape is … Read more
Eli Lilly has launched a unique website to connect U.S. patients seeking obesity treatment to doctors, dieticians and its new weight-loss drug, Zepbound. The drugmaker said Thursday it will use the site, called LillyDirect, to pair visitors with third-party mail-order pharmacies for prescriptions and to care providers through a virtual medical weight-loss clinic. The site … Read more
2023 has officially come to a close, which means it’s time for us to dig through yearly sales reports for fun tidbits. For example, did you know that despite Chevrolet killing off the Bolt, sales increased 63 percent compared to 2022? Or that Miata sales were also up nearly 50 percent? What’s less fun, though, … Read more
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
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