Half the cash raised from this sale is funding our additional purchase of shares in a company better suited for the current market.
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We’re selling the rest of a specialty retailer and putting more cash to work in a beer stock
Business
Ford to record $19.5 billion in special charges related to EV pullback
DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. The Detroit automaker said most of those charges will occur during the fourth quarter. That will be followed by $5.5 billion in […]
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Business
Frontier Airlines replaces CEO Barry Biffle with carrier’s president
Barry Biffle, president and chief executive officer Frontier Airlines, prior to a Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights hearing in Washington, DC, US, on Tuesday, Sept. 30, 2025. Kent Nishimura | Bloomberg | Getty Images Frontier Group Holdings, the parent of budget carrier Frontier, replaced its nearly decade-long CEO, Barry Biffle, […]
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Business
From puppies to superheroes, Chinese AI toys are bringing hugs — and hesitation
Haivivi Bubblepal, an AI toy. Courtesy: Haivivi It seems everyone is talking about AI these days — even Ultraman. When asked if investors should be worried about an AI bubble, the new second generation CocoMate AI-powered plush toy by Chinese company Haivivi warned about the dangers of speculation in AI stocks. “The AI market has […]
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