2024 Fiat 500eImage: Stellantis Stellantis is going to have two one-vehicle brands in the US in 2024: one is Chrysler and the other is Fiat. After an era of seemingly throwing things at the wall to see what sticks, the brand will go back down to selling a single vehicle in the U.S. in the … Read more
Stellantis is busy revamping itself right now, killing off aging platforms, postponing new models, and developing a whole slew of new electric and hybrid vehicles. One of the major developments on this front is the introduction of a new modular platform uncreatively named STLA Large. This new chassis structure will underpin dozens of new models … Read more
CNBC’s Jim Cramer on Friday told investors to gear up for a “fast and furious” slew of earnings reports next week that could lead to some profit-taking, including Procter & Gamble, Tesla and Lockheed Martin. This week brought solid gains for the major indexes — with the S&P 500 closing on Friday at an all-time … Read more
The drive-thru entrance to a Salad and Go location. Source: Salad and Go When Sweetgreen went public two years ago, co-founder and CEO Jonathan Neman said the salad chain aspired to be the “McDonald’s of its generation.” But another salad rival could beat Sweetgreen to the punch: Salad and Go. Founded in 2013, the upstart … Read more
The publisher of Sports Illustrated has notified employees it is planning to lay off a significant portion — possibly all — of the outlet’s staff after its license to use the iconic brand’s name in print and digital was revoked. In an email to employees Friday morning, the Arena Group, which operates Sports Illustrated and … Read more
A person walks on the day of the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. REUTERS/Denis Balibouse Denis Balibouse | Reuters The 2024 World Economic Forum in Davos, Switzerland will wrap Friday. Billionaires and world leaders are flying home from Zurich or taking long weekends to ski in … Read more
An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie “Rust,” is displayed at a vigil in her honor in Albuquerque, New Mexico, on Oct. 23, 2021. Kevin Mohatt | Reuters A New Mexico grand jury on Friday indicted actor Alec Baldwin on involuntary manslaughter … Read more
I can understand the whole “something is worth whatever someone is willing to pay for it” mindset that people like to pivot to whenever we point out things with stupid prices, but some things are just more expensive than they should be. For example, take this Pontiac found for sale in Pennsylvania. Carspotting: Big Ol’ … Read more
Stephen Squeri, chairman and chief executive officer of American Express Co., speaks during an Economic Club of New York event in New York, US, on Thursday, Nov. 10, 2022. Stephanie Keith | Bloomberg | Getty Images American Express CEO Stephen Squeri on Friday said the credit card company saw “good consumer spending” during the holidays … Read more
The JetBlue drop-off area at New York’s LaGuardia Airport on Oct. 31, 2023. Leslie Josephs/CNBC JetBlue Airways told staff this week that it will cut some routes and service as it struggles to return to profitability and grapples with the fallout of its blocked plan to buy Spirit Airlines. JetBlue said it will stop flying … Read more
