Toyota is evaluating an expansion of its U.S. truck lineup that could include all-electric or plug-in hybrid electric versions of its Tacoma and Tundra pickups.
https://www.cnbc.com/2024/03/28/toyota-weighing-electric-plug-in-tacoma-and-tundra-pickups.html
Alex Rodriguez and Marc Lore planned to acquire a majority stake in the NBA's Minnesota Timberwolves and the WNBA's Lynx.
https://www.cnbc.com/2024/03/28/minnesota-timberwolves-sale-to-a-rod-and-marc-lore-falls-apart.html
Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.
Home Depot is making the largest acquisition in its history as its sales growth stagnates.
Janet Yellen said she will confront her Chinese counterparts about their solar, EV trade practices in an upcoming visit to China.
https://www.cnbc.com/2024/03/27/yellen-china-solar-ev-surplus-global-markets.html
The reassessment comes amid slower-than-excepted adoption of EVs, as well as the Biden administration revising emissions rules.
"The situation is still developing and we will do our best to make sure we find ways to distribute vehicles out into the market," Volkswagen USA CEO told CNBC.
FanDuel, DraftKings, BetMGM, Penn Entertainment, Fanatics Betting & Gaming, Hard Rock Digital and bet365 will form the Responsible Online Gaming Association.
https://www.cnbc.com/2024/03/27/largest-us-sportsbooks-join-forces-to-tackle-problem-gambling.html
The membership warehouse BJ's Wholesale said it plans to open a dozen clubs this year and 10 to 12 clubs each year going forward.
The optimism follows the Chevrolet Camaro and Dodge Challenger — the Mustang's closest American competitors — ended production in December.
https://www.cnbc.com/2024/03/27/ford-mustang-has-opportunity-as-competitors-abandon-v8-engines.html
Club stocks Ford, Amazon and Disney were in the headlines Tuesday. Here's our thoughts on what the news means for investors.
Hyundai's Genesis is previewing the future of the growingly prominent luxury brand with a new large all-electric concept vehicle called the Neolun.
https://www.cnbc.com/2024/03/26/hyundais-genesis-previews-all-electric-suv-concept-the-neolun.html
Canada Goose said Tuesday that it will cut about 17% of its corporate workforce as consumers continue to pull back on discretionary spending.
https://www.cnbc.com/2024/03/26/canada-goose-to-cut-17percent-of-its-corporate-workforce.html
Warren Buffett-backed BYD recently became the world’s top EV maker, and has ambitious plans to win over foreign markets with its cost-competitive cars.
Krispy Kreme will more than double its distribution to reach McDonald's restaurants nationwide.
Tesla CEO Elon Musk sent an email to employees on Monday informing them they have to show customers how to use "FSD" before making delivery in North America.
Alex Cooper, whose "Call Her Daddy" podcast has made her the most listened-to female podcaster, is starring in a new campaign for Kim Kardashian's Skims brand.
A couple of Wall Street upgrades helped lift FL shares nearly 6% Monday to roughly $25 apiece.
A suit filed by X against CCDH was dismissed by a federal judge, who wrote that Elon Musk's company was "punishing" the nonprofit for speech.
https://www.cnbc.com/2024/03/25/lawsuit-filed-by-elon-musks-x-against-ccdh-thrown-out-by-judge.html
On Thursday, Xiaomi will officially launch the SU7, its first electric vehicle, and begin taking orders.
https://www.cnbc.com/2024/03/25/chinas-xiaomi-will-price-su7-its-tesla-ev-rival-under-69400-ceo.html
Nissan is targeting an additional 1 million unit sales in the next three years and a 30% reduction in electric vehicle production costs by 2030.
With all new car models headed for internet-connectivity, the auto industry is developing a reputation as the "worst" for consumer privacy with driver data.
The pandemic has thrown the airline industry into turmoil. Analysts say at least airlines are doing a better job at cleaning their planes.
https://www.cnbc.com/2024/03/23/why-car-insurance-rates-are-increasing-in-the-us.html
The EPA's percentage targets for EV adoption are not mandates but expectations for how automakers can meet its new regulations.
https://www.cnbc.com/2024/03/23/ford-gm-stellantis-to-benefit-from-biden-emissions-rules.html
SpaceX, headed by Elon Musk, has challend the legality in the National Labor Relations Board's structure in a federal lawsuit in Texas.
https://www.cnbc.com/2024/03/22/elon-musks-spacex-hit-with-nlrb-complaint-over-severance.html
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Stellantis on Friday said the layoffs would affect about 2% of employees in certain units "after rigorous organizational reviews."
https://www.cnbc.com/2024/03/22/chrysler-parent-stellantis-laying-off-400-salaried-us-workers.html
"They still act as if they're kings. I don't think they're kings anymore," CNBC's Jim Cramer said Friday about Lululemon and Nike.
Side airbag inflators can explode and hurl shrapnel inside the affected vehicles.
Jim Cramer on Friday reacted to earnings from Lululemon, Nike and FedEx. The CNBC host also weighed in on media reports about Boeing and Tesla.
https://www.cnbc.com/2024/03/22/jim-cramer-shares-his-thoughts-on-lulu-nke-fdx-tsla-and-ba.html