A Mercedes-Benz logo is displayed on a used vehicle for sale at a dealership on November 11, 2025 in San Diego, CA. Kevin Carter | Getty Images News | Getty Images The Senate Commerce Committee advanced bipartisan legislation Wednesday aimed at toughing a ban on Chinese automakers from the U.S. market, even as Chairman Ted…
Nike is planning to cut off thousands of online distributors in China beginning in January as the sneaker giant looks to clean up what’s become a messy digital marketplace and get the region back to growth, the company said Tuesday. Starting next year, Nike’s online footprint will shift primarily to the retailer’s official website and…
2025 Cadillac Escalade V-Series SUV Cadillac DETROIT — General Motors will launch new gas-powered Cadillac vehicles beginning next spring as the automaker continues to shift gears away from all-electric vehicles. GM CEO Mary Barra said Tuesday that the next-generation Cadillacs will include new versions of the company’s CT5 sedan, outdated XT5 midsize SUV and discontinued…
An F/A-18F Super Hornet, attached to Strike Fighter Squadron (VFA) 41, prepares to launch from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72). Courtesy: U.S. Navy A ramp-up in fighting between the U.S. and Iran over the weekend has left Wall Street reconsidering its expectations for the war’s economic impact. The…
The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is set to report its second-quarter earnings before the bell Tuesday. Here is what Wall Street is expecting, according to average estimates compiled by LSEG: Earnings per share: $3.20 adjusted Revenue: $47.01 billion Those…
CNBC’s Jim Cramer said Monday that the artificial intelligence trade has become too noisy and unpredictable to aggressively put new money to work — at least for now. “If you own too much tech, you’re going to be slaughtered, and you won’t even know what hit you,” the “Mad Money” host said. “For the moment,…
Packages of Taylor Farms salad greens are displayed at a Safeway store on July 16, 2026 in Kings Beach, California. Justin Sullivan | Getty Images The Food and Drug Administration’s reversal on a key piece of its cyclosporiasis investigation has sparked confusion in the U.S., but the agency said Monday that it has not changed…
Paramount Skydance‘s proposed acquisition of Warner Bros. Discovery hit its first official roadblock when a judge granted a temporary restraining order on the merger as part of a lawsuit brought by state attorneys general. California District Judge Araceli Martínez-Olguín signed off on the order Monday after hearing arguments from both sides in an Oakland courtroom…
A JetBlue Airways Airbus A320, left, passes a Spirit Airlines Airbus A320 as it taxis on the runway, Thursday, July 7, 2022, at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla. Wilfredo Lee | AP JetBlue Airways has won Spirit Airlines slots at New York’s LaGuardia Airport and is looking to move back into…
This photograph shows an aircraft of low-cost Irish airline Ryanair parked at the Thessaloniki airport “Makedonia”, in Thessaloniki on May 7, 2026. Sakis Mitrolidis | Afp | Getty Images Ryanair warned on Monday that struggling European airlines are facing a “difficult winter” ahead, as the budget carrier reported first-quarter profit that took a 34% hit…
