AMC Entertainment struggles with falling stock, high debt load and light blockbuster schedule

In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment hit a new 52-week low Wednesday as the movie theater company contends with a massive debt load, dilution…

Polestar unveils a new $84,000 electric SUV it’s hoping will help cement its foothold in the U.S.

In this article A4N1-FF Follow your favorite stocksCREATE FREE ACCOUNT Polestar 3 Courtesy: Polestar Swedish EV maker Polestar on Wednesday unveiled a new electric SUV that it’s counting on to expand its sales and presence in the United States. The new model, called the Polestar 3, is a five-passenger EV that the company describes as…

Defendants plead not guilty in case of $100 million New Jersey deli

In this article HWIN Follow your favorite stocksCREATE FREE ACCOUNT Your Hometown Deli in Paulsboro, N.J. Google Earth CAMDEN, N.J. – Two men charged in an alleged stock-manipulation scheme involving a small-town New Jersey deli pleaded not guilty Tuesday morning. Peter Coker Sr., 80, and James Patten, 63, who were arrested by federal authorities last…

American Airlines raises revenue forecast after strong summer travel season

In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines jet parked at LaGuardia International Airport in New York.  Adam Jeffery | CNBC American Airlines said Tuesday that its third-quarter sales likely came in better than it previously expected a sign that a strong summer helped the carrier cover a jump in costs….

GM is launching a new business to connect homes and businesses with EV chargers, energy storage

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC General Motors on Tuesday said that it is forming a new business unit to offer stationary battery packs, solar panels, electric vehicle chargers and other energy-management products for homes…

Blankets and energy-saving devices: Brits stock up ahead of ‘difficult winter’

Shoppers pass along the main high street in Whitstable, UK. Bloomberg | Bloomberg | Getty Images LONDON — U.K. retail sales rose in September, data published Tuesday showed — but the details highlighted the multitude of challenges facing the public heading into the winter months. The headline 2% year-on-year increase was largely due to higher…

GM and Ford shares fall after UBS downgrades on expectations for weakening demand

In this article GM F Follow your favorite stocksCREATE FREE ACCOUNT The General Motors world headquarters office is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | Getty Images DETROIT — Shares of General Motors and Ford Motor each tumbled Monday after a pair of UBS downgrades citing expectations for weakening demand amid inflationary…

Rivian shares slump after the company announced a big recall

In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive opened sharply lower Monday after the electric vehicle maker said late Friday that it is recalling more than 12,000…

European countries face an air-conditioning Catch-22 after its red hot, record-breaking summer

Europe is facing a tough winter, as inflation and energy prices continue to rise. The continent also faces tough decisions following its scorching hot summer Heat waves in Europe broke records, sparked widespread wildfires and even damaged a busy runway at a London airport. Unlike the U.S., European countries don’t rely on air conditioning to…

Retailers trot out 12-foot skeletons, haunted house cookie sets to boost Halloween sales

A child looks at a halloween costume on the rack. At the Target department store in Exeter Township Tuesday afternoon for a story on halloween costumes. Ben Hasty | Medianews Group | Getty Images In the past few weeks, Craig Cislo dug out the spray-painted tombstones from his attic, scoured websites for a giant animated…

Verstappen wins chaotic, rain-shortened Japanese GP to clinch title

Red Bull Racing’s Dutch driver Max Verstappen poses on the podium with the trophy following his victory at the Formula One Japanese Grand Prix at Suzuka, Mie prefecture on Oct. 9, 2022. Toshifumi Kitamura | Afp | Getty Images Max Verstappen sealed his second Formula 1 world championship amid huge confusion after winning a chaotic,…

How GM plans to convince consumers to make the switch to electric vehicles

In this article TSLA F GM Follow your favorite stocksCREATE FREE ACCOUNT Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC When people think of electric vehicles, their minds typically jump to Tesla. But Elon Musk’s company now has a lot more EV competition from Detroit.   Within the…