CNBC’s Jim Cramer said Thursday he’s still looking for the first sign of a recession, but that’s all everyone seems to be talking about. Unless you were fired from a technology company, or you work at Party City or Bed Bath & Beyond, “you’re probably doing pretty damn well right now,” Cramer said. CNBC’s Jim … Read more
Virgin Orbit is ceasing operations “for the foreseeable future” after failing to secure a funding lifeline, CEO Dan Hart told employees at an all-hands meeting on Thursday. The company will lay off about 100 employees, according to audio from the 5 p.m. ET meeting obtained by CNBC. Shareholders poured out of the stock during extended … Read more
CNN — World Health Organization advisers will consider next month whether to add liraglutide, the active ingredient in certain diabetes and obesity medicines, to the list of essential medicines. The list, which is updated every two years, includes medicines “that meet the priority health needs of the population,” the WHO says. “They are intended to … Read more
Ford has resumed full production of the popular F-150 Lightning electric pickup. Production was halted in February after a battery in one of the newly completed EV trucks caught fire. Ford also said it has raised prices again for certain versions of the Lightning. Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center … Read more
On February 20, 2023 in San Francisco, California, a for sale sign is in front of a house that is for sale. Justin Sullivan | Getty Images It may seem like a good time to list your home for sale. Buyers are returning to the market, mortgage rates have fallen to recent levels, and there … Read more
Under Armor and Steph Curry have reached a new long-term deal. Curry, a four-time NBA champion, will take on a new role as president of the Curry brand. Under Armor and Curry build on a pre-existing 10-year relationship. Under Armor and Steph Curry enter into a long-term partnership. Source: Under Armour NBA superstar Steph Curry … Read more
VATICAN CITY (AP) — Responding to indigenous demands Thursday, the Vatican formally rejected the “doctrine of discovery,” the theories supported by 15th-century “papal bulls” that legitimized colonial-era conquest of indigenous lands and are the basis of what property law today. A Vatican statement said the papal bulls, or decrees, “did not adequately reflect the equal … Read more
U.S. Secretary of Transportation Pete Buttigieg looks at an EVgo charging station during an electric vehicle event outside the Department of Transportation on October 20, 2021 in Washington, DC. Drew Anger | Getty Images EV charging network operator EVgo on Thursday reported fourth-quarter revenue that beat Wall Street expectations and posted a smaller-than-expected loss as … Read more
