GM adds former Lyft and Tesla executive Jon McNeill as board member

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT…

Rivian says it’s on pace to meet 2022 goals after production grew 67% in the third quarter

In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Electric vehicle maker Rivian Automotive said Monday that it…

Will Smith’s first project since Oscars fiasco gets December release date

US actor Will Smith accepts the award for Best Actor in a Leading Role for “King Richard” onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Will Smith’s upcoming film “Emancipation” will be released in theaters on Dec. 2 and on…

Kim Kardashian pays over $1 million to settle SEC charges linked to a crypto promo on her Instagram

Kim Kardashian’s crypto misadventure has landed her in hot water with federal regulators. The reality TV superstar and influencer has settled Securities and Exchange Commission charges that she failed to disclose a payment she received for touting a crypto asset on her Instagram feed, the agency announced Monday morning. “This case is a reminder that,…

Search and rescue efforts underway in Florida after ‘catastrophic’ hurricane

An aerial picture taken on September 30, 2022 shows the only access to the Matlacha neighborhood destroyed in the aftermath of Hurricane Ian in Fort Myers, Florida. Ricardo Arduengo | AFP | Getty Images Search and rescue efforts are underway in Florida after a devastating Category 4 hurricane made landfall Wednesday. At least 77 people…

Toyota CEO Akio Toyoda talks about why he isn’t all-in on EVs — and what made him do a ‘happy dance’

In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Toyota CEO Akio Toyoda speaks during a small media roundtable on Sept. 29, 2022 in Las Vegas. Toyota LAS VEGAS — Toyota Motor CEO Akio Toyoda last week simply stated what he would like his legacy to be: “I love cars.” Just how the 66-year-old…

Who needs another subscription service? Walmart is betting its millions of customers do

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart launched its subscription service, Walmart+ in 2020. It has added perks, including deeper gas discounts and free access to Paramount+. Walmart Americans have tons of subscriptions. Even with inflation, Walmart thinks they’re willing to pay for one more. Walmart’s subscription service is Walmart+. The…

Ford’s stock is up 70% since Jim Farley became CEO – but he still has a ton of work to do

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters DETROIT – As incoming CEO of Ford Motor, Jim Farley promised more transparency to Wall Street as well as a clear plan for…

Disney reaches deal with activist investor Third Point, will add former Meta executive to its board

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney has reached a deal with activist investor Dan Loeb’s Third Point, which includes adding former Meta executive…

Sorry, hard seltzer — beer companies are into canned cocktails now

Boxes of Cutwater Tiki Rum Mai Tai canned cocktails in a retail store in Pleasant Hill, California, February 11, 2022. Gado | Archive Photos | Getty Images Hard seltzer has lost its fizz. Now canned cocktails are all the buzz. Also known as ready-to-drink, or RTD, cocktails, the canned drinks were the fastest-growing spirits category last year,…

Cramer’s lightning round: nLight is not a buy

Loading chart… UiPath Inc: “It’s losing money, and I don’t recommend companies that are losing money.” Loading chart… Cheniere Energy Inc: “Good yield, safe, long-term. … That’s the way I would go.” Loading chart… Equinor ASA: “[Enbridge] gives you a much better yield.” Loading chart… MP Materials Corp: “It does make money, and it is…

Unions could face a big obstacle in 2023 if the economy falls into a recession

The union movement that kicked off across the country more than a year ago has continued its momentum in 2022, with workers in warehouses, coffee shops, grocery stores and airlines pushing for representation. Working conditions during the pandemic pushed many of these frontline workers to organize, but fears about the economy and a potential recession…