Month: June 2022
Biden to sign executive order to fight anti-LGBTQ state bills
U.S. President Joe Biden deliver remarks to commemorate LGBTQ+ Pride Month in the East Room of the White House, Washington, June 25, 2021. Jonathan Ernst | Reuters President Joe Biden is set to sign an executive order Wednesday aimed at combating a historic number of anti-LGBTQ bills introduced in state legislatures across the country. The […]
Read More
Ford CFO says inflation has erased Mustang Mach-E profits, but isn’t hurting demand for new vehicles
The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland | CNBC Ford Motor’s CFO said Wednesday that the company isn’t yet seeing consumer demand for new vehicles drop off – but rising commodity costs have wiped out the profit it initially expected […]
Read More
Biden to send another $1 billion in military aid to Ukraine
Ukrainian servicemen taking part in the armed conflict with Russia-backed separatists in Donetsk region of the country attend the handover ceremony of military heavy weapons and equipment in Kiev on November 15, 2018. Sergei Supinsky | AFP | Getty Images WASHINGTON — President Joe Biden announced another $1 billion in weapons for Ukraine on Wednesday, […]
Read More
These could be the next hot food and drink trends
Pasta is coming back in different shapes and flavors, drinking vinegar is cool, and comfort food favorites like pancakes are being made with new ingredients. That’s according to the hundreds of items on display at the Summer Fancy Food Show, a trade show that has gained a reputation for being a place to spot the […]
Read More
Millionaires are raising cash on fears that the Fed can’t tame inflation and stave off recession
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 9, 2022. Brendan Mcdermid | Reuters American millionaires are raising cash in response to lingering inflation fears, according to CNBC’s Millionaire Survey. Millionaires surveyed by CNBC ranked inflation as the top risk to both the economy and […]
Read More
EU drugs watchdog launches rolling review of Pfizer-BioNTech’s Covid variant vaccine
A registered nurse prepares a dose of the Pfizer COVID-19 vaccine. Mario Tama | Getty Images The European Medicines Agency on Wednesday launched a rolling review of a variant-adapted Covid-19 vaccine developed by Pfizer and BioNTech, as cases of new sub-variants of the coronavirus’s Omicron lineage rise. When available, clinical trial data will be added […]
Read More
Elon Musk files appeal to end SEC decree over Twitter posts
In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the background. Pavlo Gonchar | Lightrocket | Getty Images Elon Musk on Wednesday appealed a judge’s refusal to end his 2018 agreement with the U.S. Securities and Exchange Commission requiring a Tesla lawyer to vet some […]
Read More
Chinese Tesla rival Nio launches new electric SUV as competition heats up
Nio’s ES7 sports utility vehicle adds another competitor to Tesla’s Model X and Model Y in China. Nio Nio on Wednesday launched the ES7 sports utility vehicle as competition with Tesla intensifies in China. The ES7 adds another competitor to Tesla’s Model Y and Model X in China as the competition in the electric SUV space ramps up. Nio is trying to differentiate its electric SUV by highlighting the technology features of the […]
Read More
Meta’s Silicon Valley home, Menlo Park, plans to electrify 95% of its buildings
A giant digital sign is seen at Facebook’s corporate headquarters campus in Menlo Park, California, on October 23, 2019. Josh Edelson | AFP | Getty Images Technology hub Menlo Park, California, home to Meta, is teaming up with Brooklyn, New York-based BlocPower in a new form of public-private partnership to electrify thousands of buildings to […]
Read More
American Airlines CEO vows to improve pilot pay as wages at other carriers rise
FILE – American Airlines President Robert Isom speaks at a news conference about the company’s new partnership with Alaska Airlines, Thursday, Feb. 13, 2020, in Seattle. American Airlines CEO Doug Parker will retire next March and be replaced by the airline’s current president, Robert Isom. Elaine Thompson | AP American Airlines CEO Robert Isom said […]
Read More