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![LVMH CEO Bernard Arnault says Olympics sponsorship honors the spirit of France LVMH CEO Bernard Arnault says Olympics sponsorship honors the spirit of France](https://image.cnbcfm.com/api/v1/image/108012241-1721995365844-gettyimages-2154269586-_r7a5069_38p6v5of.jpeg?v=1721995399&w=1920&h=1080)
LVMH CEO Bernard Arnault says Olympics sponsorship honors the spirit of France
For the first time a luxury brand is an Olympic sponsor. And it’s not just one brand, it’s the empire of LVMH. “We tried to find a way with the Olympic Committee – to be able to show maybe something that has never been done before with the Olympics,” LVMH Chairman and CEO Bernard Arnault […]
Read More![European stocks head for mixed open as selloff eases; U.S. inflation data due European stocks head for mixed open as selloff eases; U.S. inflation data due](https://image.cnbcfm.com/api/v1/image/108009807-1721661913729-gettyimages-2163032170-markets458786_ibu8bgme.jpeg?v=1721974374&w=1920&h=1080)
European stocks head for mixed open as selloff eases; U.S. inflation data due
Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a television screen, on July 22, 2024. Spencer Platt | Getty Images LONDON — European markets are heading for a mixed open Friday, as a global stock selloff eases and investors await U.S. […]
Read More![Hyundai Motor posts record Q2 profit on strong U.S. sales, to boost hybrid lineups Hyundai Motor posts record Q2 profit on strong U.S. sales, to boost hybrid lineups](https://image.cnbcfm.com/api/v1/image/107395278-1712012782686-IMG_2975.jpg?v=1712013218&w=1920&h=1080)
Hyundai Motor posts record Q2 profit on strong U.S. sales, to boost hybrid lineups
The Hyundai display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC Hyundai Motor reported record quarterly profit and revenue on Thursday on strong sales of high-margin cars and said it would expand hybrid lineups to brace for possible changes in U.S. electric vehicle policies following the election. Its forecast-beating performance helped […]
Read More![Ford shares, on pace for worst day since 2009, lead autos rout after disappointing earnings Ford shares, on pace for worst day since 2009, lead autos rout after disappointing earnings](https://image.cnbcfm.com/api/v1/image/107395222-1712008987234-IMG_2780.jpg?v=1717084559&w=1920&h=1080)
Ford shares, on pace for worst day since 2009, lead autos rout after disappointing earnings
A Ford Bronco on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor is leading a decline in major U.S. automotive stocks this week amid disappointing results and investor skepticism around future performance. Shares of Ford were off by more than 17% in early […]
Read More![Trump says Elon Musk ‘never told me’ he would pledge million a month to campaign Trump says Elon Musk ‘never told me’ he would pledge million a month to campaign](https://image.cnbcfm.com/api/v1/image/108011504-17218659532024-07-25t000106z_237732066_rc2y19ah7f5s_rtrmadp_0_usa-election-trump.jpeg?v=1721866051&w=1920&h=1080)
Trump says Elon Musk ‘never told me’ he would pledge $45 million a month to campaign
Republican presidential nominee and former U.S. President Donald Trump speaks as he campaigns in Charlotte, North Carolina, U.S. July 24, 2024. Marco Bello | Reuters Donald Trump on Thursday said Elon Musk “never told me” he would pledge $45 million a month to support Trump’s presidential bid, days after the Tesla and SpaceX CEO denied […]
Read MoreChinese EV startups are spending more on research than Tesla is
Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots. CNBC | Evelyn Cheng BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis of the four automakers’ first-quarter earnings. It’s a strategy for survival in […]
Read More![Biden says ‘defense of democracy’ drove his exit in Oval Office address Biden says ‘defense of democracy’ drove his exit in Oval Office address](https://image.cnbcfm.com/api/v1/image/108011507-17218661352024-07-25t000729z_785519338_rc2029ap0jxx_rtrmadp_0_usa-election-biden.jpeg?v=1721866221&w=1920&h=1080)
Biden says ‘defense of democracy’ drove his exit in Oval Office address
U.S. President Joe Biden addresses the nation from the Oval Office of the White House in Washington, Wednesday, July 24, 2024, about his decision to drop his Democratic presidential reelection bid. Evan Vucci | Via Reuters President Joe Biden on Wednesday night told the American public that “the defense of democracy is more important than […]
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