Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | Reuters DETROIT – General Motors will halt pickup truck production at a factory in Indiana for two weeks next month due to an ongoing shortage of semiconductor chips that
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In this article 8002.T-JP BP.-GB An offshore wind turbine photographed in waters off the coast of Japan on October 4, 2013. Yoshikazu Tsuno | AFP | Getty Images BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “other decarbonisation projects, including
Diminished food supply resulting from Russia’s invasion of Ukraine has potential consequences beyond empty stomachs, Agco chief executive Eric Hansotia told CNBC’s Jim Cramer on Thursday. According to Hansotia, about “13% of the global calories came out of production” when Russian and Ukrainian borders shut down. “This is a really big deal, because when that
In this article 9866-HK Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC Nio‘s sleek and powerful electric vehicles have captured the attention of investors – and rival automakers – around the world, but they haven’t always been able to power past the supply-chain disruptions that have played
A child reacts while receiving a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine at Smoketown Family Wellness Center in Louisville, Kentucky, U.S., November 8, 2021. Jon Cherry | Reuters LONDON — One of the enduring mysteries of the Covid-19 pandemic, a global health crisis that has led to over 6 million fatalities, is that
CNBC’s Jim Cramer told investors that they shouldn’t lose faith in the market’s ability to recover after Wednesday’s declines. “History is very clear: It says you must stay the course. The S&P 500’s already had a successful 50% retracement of its huge decline, and in the 21 times that’s happened since the Great Depression, it’s
In this article STLA-IT Chris Feuell, CEO of Chrysler brand of Stellantis, introduces the all-electric Chrysler Airflow Concept vehicle during a Stellantis press event at CES 2022 at the Las Vegas Convention Center on January 5, 2022 in Las Vegas, Nevada. Alex Wong | Getty Images DETROIT – Automaker Stellantis and LG Energy Solution will
CNBC’s Jim Cramer on Tuesday said corn and wheat prices could continue to rise due to Russia’s invasion of Ukraine, leaning on analysis from Carley Garner, senior commodity market strategist at DeCarley Trading. “The charts, as interpreted by Carley Garner, suggest that both wheat and corn prices are headed higher here. Maybe much higher. And
CNBC’s Jim Cramer on Tuesday offered a list of five agriculture stocks he believes investors should consider purchasing. The Russia-Ukraine war has caused agriculture to rally significantly, and “given that Russia and Ukraine account for roughly a third of the world’s wheat production, there’s a real possibility that we could be looking at a global
In this article ONEM HIMS Ambar Bhattacharyya, managing director at Maverick Ventures Maverick Ventures Ambar Bhattacharyya is managing director at Maverick Ventures, a $400 million venture capital fund based in San Francisco which invests in health start-ups. His health-care portfolio firms include six IPOs and four unicorns (start-ups valued at $1 billion or more). Bhattacharyya
Loading chart… PPG Industries Inc: “I think PPG is down too much. I think it’s okay, but … This is a company that has been really hurt by raw costs. That’s going to end eventually. I think if you can handle disappointment at this point, I would buy the stock.” Loading chart… AppFolio Inc: “You’ve
Prototypes of SpaceX’s Starship rocket and Super Heavy booster stand at the company’s Starbase facility in Texas. Michael Sheetz | CNBC Elon Musk on Monday gave an update on the timeline for SpaceX’s first orbital launch of the company’s next-generation Starship rocket. “We’ll have 39 flightworthy engines built by next month, then another month to
UN Secretary General António Guterres photographed at the COP26 climate summit in Glasgow, Scotland on Nov. 11, 2021. Jeff J Mitchell | Getty Images News | Getty Images The U.N. Secretary General issued a stark warning Monday, saying the planet had emerged from last year’s COP26 summit in Glasgow with “a certain naïve optimism” and
In this article WEN MCD QSR-CA The Breakfast Baconator and Seasoned Potatoes are part of the breakfast menu at Wendy’s restaurants on March 2, 2020 in New York City. David Dee Delgado | Getty Images Two years ago, Wendy’s launched its breakfast menu nationwide, finally crossing the finish line for a goal it tried and
Dr. Anthony Fauci, White House Chief Medical Advisor and Director of the NIAID, responds to questions from Sen. Rand Paul (R-KY) at a Senate Health, Education, Labor, and Pensions Committee hearing on Capitol Hill on January 11, 2022 in Washington, D.C. Getty Images U.S. health experts are warning an emerging, highly contagious Covid omicron variant,
In this article DIS Bob Iger, left, and Bob Chapek of Disney Charley Gallay | Getty Images; Patrick T. Fallon | Bloomberg | Getty Images April 12, 2020. That’s the day former Disney CEO Bob Iger’s relationship with his handpicked successor, current Disney CEO Bob Chapek, began to fall apart. Iger had stunned the world
A driver uses a fast-charging station for electric in the cell phone lot at John F. Kennedy (JFK) airport on April 02, 2021 in New York City. Spencer Platt | Getty Images It has been true for years: Mile for mile, it’s cheaper — generally much cheaper — to recharge an electric vehicle than it
In this article VOW3-DE VWA’-BE David Gray | Reuters Volkswagen recalled 246,000 Atlas and Atlas Cross Sport SUVs in the U.S. and Canada because of a wiring issue that could cause problems with the airbags, windows and brakes of the cars. Damage to the wiring of the cars could result in airbags deploying “later than
A car buyer may never see crash test dummies, but they are a crucial piece of what keeps pushing automotive safety forward. The latest crash test dummies are loaded with sensors and new tech, and they can cost $1 million. Major automakers and suppliers can have fleets of dozens of dummies. New dummies are also
Loading chart… Hims & Hers Health Inc: “Hims & Hers lose money … I’m not recommending stocks that are losing a lot of money.” Loading chart… Two Harbors Investment Corp: “I’m not going there. We’ve seen a lot of companies like that. … I’m not playing.” Loading chart… Shell Midstream Partners LP: “[Enterprise Product Partners],