Electric Ford F-150 Lightning Andrew Evers / CNBC DETROIT – Ford Motor on Tuesday reported a slight increase in second-quarter new vehicle sales that missed the expectations of automotive analysts. Ford said second-quarter sales rose 1.8% compared to a year earlier, including a 31.5% increase in June. Analysts expected the Detroit automaker’s sales to increase
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In this article FTI 1T1-FF Orbital Marine Power’s O2 turbine at the Orkney Islands, north of the Scottish mainland, in September 2021. Scotland has become a hub for companies and projects focused on tidal power and marine energy in general. William Edwards | AFP | Getty Images Scottish engineering firm Orbital Marine Power said Monday
In this article .STOXX Some airlines and airports are struggling with the post-covid demand for travel. Anadolu Agency | Anadolu Agency | Getty Images LONDON — Delays, cancellations and strikes. It’s been a messy time for many European tourist hotspots as airlines and airports struggle to cope with pent-up travel demand after Covid-19 lockdowns. Thousands
Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images U.S. airline delays eased on Monday as weather improved, bringing welcome news for travelers and airlines as the July Fourth holiday weekend comes to an end. As of midday Monday, 980 U.S. flights were
Travelers wondering what it’s like to visit Thailand now may be interested to know the country is “allowing almost everything” again. That’s according to the Tourism Authority of Thailand (TAT), the governmental entity responsible for promoting tourism to the country. Masks are no longer required, and the country’s color-coded system — which placed limits that
In this article AAL An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images A glitch in a scheduling platform allowed American Airlines pilots to drop thousands of trips in July last night, their union said Saturday, a
In this article CMCSA “Minions: The Rise of Gru” is the sequel to the 2015 film, “Minions,” and spin-off/prequel to the main “Despicable Me” film series. Universal Families have gone bananas for “Minions: The Rise of Gru.” Over the weekend, the Universal and Illumination animated feature tallied more than $108 million in ticket sales. The
Florida, Spring Hill, Nature Coast Commons, shopping mall, Panera Bread bakery. Jeff Greenberg | Universal Images Group | Getty Images Danny Meyer’s SPAC and Panera Bread have called off a deal to take the sandwich chain public again, citing market conditions. In November, the parent company of the sandwich chain, Caribou Coffee and Einstein Bros.
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors’ U.S. vehicle sales were down about 15% in the second quarter from a year ago as the automaker continues to battle supply chain issues, but showed improvement from
In this article KSS People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not be selling its business after all. But it’s now looking to sell some of its real estate, reversing its prior stance. The retailer on Friday announced it terminated
In this article WMT Walmart CEO Doug McMillon speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC Walmart CEO Doug McMillon told employees on Friday that the company is weighing how to respond to a Supreme Court decision that ended the federal right to an abortion. “We are working
Former U.S. President Donald Trump gives the keynote address at the Faith & Freedom Coalition during their annual “Road To Majority Policy Conference” at the Gaylord Opryland Resort & Convention Center June 17, 2022 in Nashville, Tennessee. Seth Herald | Getty Images Donald Trump’s media company was subpoenaed by a federal grand jury in connection
Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Fourth of July holiday weekend will put airlines to the test after a messy spring angered travelers and drew sharp criticism from Washington. Already this year, the rate of flight cancellations and delays in June is higher than before
In this article KSS FRG A Kohl’s store in San Rafael, Calif. Getty Images Kohl’s is terminating talks to sell its business to The Vitamin Shoppe owner Franchise Group, two people familiar with the matter told CNBC on Thursday. The people requested anonymity because a decision from Kohl’s has not been publicly announced. Representatives from
The Starlink logo is seen in the background of a silhouetted woman holding a mobile phone. Sopa Images | Lightrocket | Getty Images The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion, a key step for Elon Musk’s company to further expand the service. “Authorizing a new class of
In this article SAVE JBLU ULCC A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines on Wednesday delayed shareholder vote on its proposed merger with Frontier Airlines until July 8, hours before a meeting scheduled for
In this article RH Jason Kempin | Getty Images Entertainment | Getty Images High-end furniture chain RH on Wednesday slashed its outlook for 2022 revenue, anticipating consumer demand for its products will continue to soften in the back half of the year. The company now sees annual sales down between 2% and 5%, compared with
In this article LGF.A Liberty Media’s John Malone Michael Kovac | Getty Images Starz wasn’t John Malone’s most successful investment. But it may be his most symbolic. The media mogul once controlled Starz as an independent company. In 2016, he merged it with Lionsgate, another company he owned a piece of at the time. A
In this article ULCC JBLU AAL A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The most heated airline battle in recent years comes to a head on Thursday when Spirit Airlines‘ shareholders vote on a
In this article TGT A person walks into a Target store in Washington, DC, on May 18, 2022. Stefani Reynolds | AFP | Getty Images Target will cover employees’ travel if they live in a state where abortion is banned, according to a company memo obtained by CNBC. The new policy will take effect in