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Lucid’s second quarter deliveries fell short of estimates amid demand concerns
12/07/2023

Lucid’s second quarter deliveries fell short of estimates amid demand concerns

Lucid built over 2,000 Air luxury sedans in the second quarter, but delivered just 1,404, adding to ongoing concerns about demand for the high-priced EV.

PGA Tour officials defend LIV Golf deal in Senate hearing
11/07/2023

PGA Tour officials defend LIV Golf deal in Senate hearing

A representative from LIV Tour or the PIF will not be present at the hearing because the golf league's CEO, Greg Norman, is out of the country.

An inside look at how Delta is upgrading its fleet to bring better Wi-Fi to customers
06/07/2023

An inside look at how Delta is upgrading its fleet to bring better Wi-Fi to customers

CNBC got an inside look at how Delta is working to upgrade over 1,200 planes by 2024.

Major League Pickleball names new CEO and COO to capitalize on surging popularity
05/07/2023

Major League Pickleball names new CEO and COO to capitalize on surging popularity

Julio DePietro and Bruce Popko will focus on growing MLP sponsorships, building the media rights business, and licensing and merchandising strategy.

Why the electric vehicle boom could put a major strain on the U.S. power grid
03/07/2023

Why the electric vehicle boom could put a major strain on the U.S. power grid

The EV revolution could put a big strain on the nation's electric grid, an aging system built for a world that runs on fossil fuels.

The Inform Act takes effect today — here’s how it aims to target organized retail theft
27/06/2023

The Inform Act takes effect today — here’s how it aims to target organized retail theft

The Inform Act, a bipartisan bill targeting organized retail theft that takes effect Tuesday, requires online marketplaces to disclose the identity of sellers.

Legacy media companies enter dark times as failures mount and Netflix rises again
26/06/2023

Legacy media companies enter dark times as failures mount and Netflix rises again

This year was supposed to be a rebound for legacy media companies such as Disney and Warner Bros. Discovery. But it's been a rough ride so far.

Siemens Energy shares plunge more than 37% as wind turbine worries deepen
26/06/2023

Siemens Energy shares plunge more than 37% as wind turbine worries deepen

Siemens Energy scrapped its 2023 profit outlook after a review of its wind turbine unit exposed problems deeper than expected.

Apple supplier Foxconn breaks ground on $500 million India factory
23/06/2023

Apple supplier Foxconn breaks ground on $500 million India factory

Foxconn's new factory will employ 25,000 workers, according to a government tweet. The company is one of the largest global suppliers of iPhones.

A new company wants to give you a free TV, in exchange for always showing you ads
15/05/2023

A new company wants to give you a free TV, in exchange for always showing you ads

Telly is offering 500,000 free 55-inch TVs to consumers willing to have a steady stream of advertisements in their homes.

CVS beats on earnings and revenue but lowers profit outlook
03/05/2023

CVS beats on earnings and revenue but lowers profit outlook

CVS lowered its earnings outlook due to costs associated with recent acquisitions.

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