How Chinese EV automakers are winning in Mexico
Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their high-tech cars. But as Mexico has emerged as a hot spot for Chinese EVs, Washington …
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Delta chief operations officer departing for another company
Delta Air Lines planes sit parked at Hartsfield-Jackson Atlanta International Airport in Atlanta on June 28, 2024. Andrew Harnik | Getty Images Delta Air Lines‘ chief operating officer is leaving …
‘The time has come for policy to adjust’
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, …
Why Ford believes its $1.9 billion EV shift will benefit the automaker
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‘s profit …
Crypto companies are pouring money into 2024 election: Public Citizen
As the 2024 U.S. elections reach their home stretch, crypto companies are opening their wallets to try and influence the results. Nearly half of all the corporate money flowing into …
European markets higher ahead of Powell speech; Nestle down 1.8%
LONDON — European stocks were higher Friday as investors looked ahead to U.S. Federal Reserve Chair Jerome Powell’s speech later in the session from Jackson Hole, Wyoming. The Stoxx 600 index was up …
Body of final person missing from sunken yacht found off Sicily
Divers of the Vigili del Fuoco, the Italian Corps. of Firefighters leave Porticello harbor near Palermo, to resume research for a last missing person on August 23, 2024, four days …
Classic car sales stall in Monterey as new generation takes charge
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to …
Nestle CEO replacement not such a bad thing for investors: Analyst
Bars of original KitKat chocolate, produced by Nestle SA. Jason Adlen | Bloomberg | Getty Images LONDON — Investors may think that the replacement of Nestle CEO Mark Schneider with …
Perplexity AI plans to start running search ads in fourth quarter
Perplexity AI, the artificial intelligence startup that has been embroiled in controversy due to accusations of plagiarizing content from media outlets, plans to start running ads on its search app …