Republican presidential nominee and former U.S. President Donald Trump gestures as he speaks during a campaign event at Riverfront Sports in Scranton, Pennsylvania, U.S. October 9, 2024. Brendan McDermid | Reuters Donald Trump on Thursday will support making interest on car loans fully tax deductible, the latest in a suite of tax-cut promises the Republican
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Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. Getty Images With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options. For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and
Laurence Edmondson, F1 EditorOct 10, 2024, 08:53 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions The Haas Formula 1 team has announced a new multi-year technical partnership with Toyota Gazoo Racing, the motorsport department of the Japanese car manufacturer. Toyota Gazoo Racing, which competes in the World
Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California. After a decade of unfulfilled promises about driverless vehicles, Tesla CEO Elon Musk hyped the company’s Cybercab concept on Thursday night, showing off a low, silver two-seater with no steering wheels or pedals. Rolling up to the stage in a Cybercab almost an hour
Kelly Crandall Oct 11, 2024, 01:43 PM ET Open Extended Reactions Denny Hamlin’s role as team owner at 23XI Racing has taught him patience, a quality he has not always been known for as a driver. Sean Gardner/Getty Images All it took for Denny Hamlin to learn patience was becoming a NASCAR team owner. He used
In this article LYFT UBER TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Uber logo is seen in the rain in Krakow, Poland, on January 6, 2024. Klaudia Radecka | Nurphoto | Getty Images Tesla‘s hyped robotaxi unveiling posed a threat to Uber‘s ride-sharing aspirations, but it’s turned into a boon for the stock instead. Uber
Ryan McGee, ESPN Senior WriterOct 11, 2024, 01:43 PM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions Michael Jordan and Denny Hamlin have become the faces of the antitrust lawsuit brought against NASCAR earlier this month. Chris Graythen/Getty Images If
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT After Wall Street balked at Tesla‘s highly-anticipated robotaxi unveiling, CNBC’s Jim Cramer told investors not to make any moves on the stock. While he said he wouldn’t recommend buying Tesla after Thursday night’s event flopped, Cramer discouraged shorting the stock, saying it’s “dangerous to bet
Oct 11, 2024, 07:43 AM ET Open Extended Reactions Haas’s new Formula One technical partnership with Toyota is aimed at enhancing long-standing arrangements with Ferrari rather than replacing them, team boss Ayao Komatsu said on Friday. The team uses Ferrari engines and gearboxes, as well as a wind tunnel and simulator at Maranello where Haas
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California. Shares of electric vehicle maker Tesla tumbled Friday after the company’s long-awaited robotaxi event — where CEO Elon Musk unveiled the firm’s Cybercab self-driving concept car — failed to impress investors. Tesla stock was down 5.7%
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters With Tesla’s hotly anticipated robotaxi event hours away, investors will soon get a glance at what
In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT American car brands Jeep, Ram, Dodge and Chrysler are struggling under their new owner. The European-American giant Stellantis is the world’s fifth-largest automaker by volume, according to S&P Global Mobility. The 2021 merger of the French maker Groupe PSA and the American-Italian Fiat Chrysler promised
Employees of the State Archaeological Office have hung pictures of finds from a construction trailer during a main archaeological investigation on the Northvolt site. Picture Alliance | Picture Alliance | Getty Images Sweden’s Northvolt on Wednesday said the head of its main plant, Europe’s first homegrown gigafactory for lithium-ion battery cells, will step down with
The Volvo Cars Hill Country dealership on in Austin, Texas. Brandon Bell | Getty Images News | Getty Images Swedish automaker Volvo Cars on Wednesday announced deputy CEO Björn Annwall will step down from his current role as part of a management reshuffle designed to increase simplicity and collaboration in the organization. It comes shortly
Laurence Edmondson, F1 EditorOct 8, 2024, 12:37 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Over the Dutch Grand Prix weekend, Haas gave ESPN behind-the-scenes access to capture a glimpse of what life is really like inside a Formula 1 team. Equipped with a camera and a
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT New GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC in Richmond, California, July 2, 2024. Justin Sullivan | Getty Images DETROIT — General Motors expects its 2025 adjusted earnings to be in a “similar range” to the company’s results this year,
An Uber-dedicated charger at a BP Pulse electric vehicle charging station in central London, U.K., on Monday, April 11, 2022. Bloomberg | Bloomberg | Getty Images Uber CEO Dara Khosrowshahi on Tuesday announced that the company is updating its platform with new sustainability-minded features, including an “EV preference” that will let customers opt for fully
Associated Press Oct 7, 2024, 02:38 PM ET Open Extended Reactions IndyCar will return to Texas in 2026 with a street race in Arlington in a joint venture between the Dallas Cowboys and the official events partner of the Texas Rangers. The IndyCar Arlington Grand Prix will be held in March 2026 on a 2.73-mile
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — A lot has changed since General Motors’ last
In this article .IXIC .DJI .SPX 700-HK UBI-FR US10Y .STOXX Follow your favorite stocksCREATE FREE ACCOUNT “We’re Hiring” flyers displayed at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC
In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2025 Ford Expedition Platinum Ultimate Ford DETROIT — Ford Motor is increasing the refinement and technology of its large Expedition SUV as part of a vehicle redesign to better compete with growing competition. The new three-row SUV features a smoother interior and exterior design, increased
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped about 8% during premarket trading Friday after the electric vehicle startup delivered fewer vehicles in the
Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images DETROIT — General Motors has temporarily halted vehicle production at two U.S. factories that assemble highly profitable large pickups and SUVs due to impacts
Laurence Edmondson, F1 EditorOct 1, 2024, 09:31 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions With Ferrari’s steady improvement in the second half of 2024, Charles Leclerc is looking forward to 2025 and beyond. Kym Illman/Getty Images “That will be the headline!” Charles Leclerc exclaims as a smile
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg | Getty Images DETROIT — Stellantis is suing the United Auto Workers, escalating a monthslong battle between the transatlantic automaker and American union, CNBC has
Oct 4, 2024, 10:12 AM ET Open Extended Reactions Renault chief executive Luca de Meo has said their “family jewel” Alpine Formula 1 team is not for sale after the company confirmed its engine production will end after next season for financial reasons. In an interview with L’Equipe, the Italian defended the strategy of Alpine
Transportation Secretary Pete Buttigieg spoke directly to Elon Musk Friday on the billionaire’s X platform, part of an effort to counter false conspiracies about federal disaster aid for victims of Hurricane Helene that Musk spread on X, where his follower count stands over 200 million. “No one is shutting down the airspace and FAA doesn’t
Oct 4, 2024, 03:42 AM ET Open Extended Reactions Formula One won’t be proceeding with the rookie-race this year. Rudy Carezzevoli/Getty Images Formula 1 will not hold a sprint race for rookie drivers in Abu Dhabi after the final grand prix of the season, the governing FIA said on Wednesday. The concept has been discussed for
Hyundai Motor and Waymo have agreed to a multiyear, strategic partnership that includes the self-driving company adding the South Korean automaker’s Ioniq 5 electric vehicle to its robotaxi fleet. Courtesy image Hyundai Motor and Waymo have agreed to a multiyear, strategic partnership that includes the self-driving company adding the South Korean automaker’s Ioniq 5 electric
Ryan McGee, ESPN Senior WriterOct 3, 2024, 09:05 AM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions The NASCAR community came together on Wednesday at Charlotte Motor Speedway to help provide aid to victims of Hurricane Helene. Ryan McGee CONCORD,
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