Business
World population reaches 8 billion people, with India expected to surpass China as most populous nation
Indian passengers stand and hang onto a train as it departs from a station on the outskirts of New Delhi. Money Sharma | AFP | Getty Images The world population reached 8 billion people on Tuesday, and India is expected to surpass China as the most populous country in the next year, according to projections […]
Read More
Electric vehicles less reliable because of newer technologies, Consumer Reports finds
Krisztian Bocsi | Bloomberg Creative Photos | Getty Images Electric vehicles are among the least reliable cars and trucks in the automotive industry today, according to Consumer Reports rankings released Tuesday. When compared with hybrid and gas-powered cars and trucks, electric vehicles powered entirely by batteries were the worst performing segment, aside from traditional full-size […]
Read More
Lucid reveals new lower-cost versions of the Air electric luxury sedan
Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet. CEO Peter Rawlinson said in an interview with CNBC’s Phil LeBeau the Lucid Air Pure will start at $87,400. An all-wheel drive version with 410 miles of range will ship by the end […]
Read More
Delta gets closer to labor deal with pilots, union says
Pilots talk after exiting a Delta Airlines flight at the Ronald Reagan National Airport on July 22, 2020 in Arlington, Virginia. Michael A. McCoy | Getty Images Delta Air Lines is getting closer to a labor deal with pilots, their union said, marking a big improvement in a relationship that turned icy during years-long negotiations. […]
Read More
Advert market even worse than for the duration of lows of the pandemic, claims Warner Bros Discovery CEO David Zaslav
David Zaslav Anjali Sundaram | CNBC The advertising and marketing market is at the moment weaker than at any point during the coronavirus pandemic slowdown of 2020, Warner Bros. Discovery Chief Executive David Zaslav mentioned at an expenditure conference Tuesday. If the advertisement sector isn’t going to improve next yr, “it is going to be […]
Read More
5 things to know before the stock market opens Tuesday
Lael Brainard, vice chair of the US Federal Reserve, listens to a question during an interview in Washington, DC, US, on Monday, Nov. 14, 2022. Andrew Harrer | Bloomberg | Getty Images Here are the most important news items that investors need to start their trading day: 1. Fed speak in the spotlight Stocks fell […]
Read More
Home Depot posts better-than-expected quarter despite inflation
A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot reported Tuesday its revenue increased nearly 6% to $38.9 billion, beating analyst expectations, as the retailer continued to beckon customers despite […]
Read More
Walmart will report earnings before the bell — here’s what to expect
Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart on Tuesday will report its fiscal third-quarter earnings before the bell, as the retail giant caters to inflation-squeezed customers and gears up […]
Read More
UK property market at risk of major downturn as recession fears loom
Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to a house price crash. Matt Cardy | Getty Images News | Getty Images LONDON — The U.K. property market may be verging on a major downturn, with some market watchers warning […]
Read More
Cramer’s lightning round: Plug Power must get expenses under control
Rocket Pharmaceuticals Inc: “This is a very early stage company that has a lot in the pipe. I tend to like these companies. … If you get a bunch of them, I think you’re going to be fine.” Plug Power Inc: “Plug Power’s losing a fortune. … They must get expenses under control.” Anavex Life […]
Read More