Volkswagen unveils new electric ID. Buzz as 21st-century descendent of iconic hippie microbus

In this article VOW3-DE VW ID. Buzz VW Volkswagen is resurrecting its iconic microbus — the quintessential van associated with traveling Deadheads and the 1960s counterculture — as an all-electric van called the ID. Buzz. The German automaker on Wednesday finally unveiled the electric vehicle as a 21st-century descendent of its T1 Microbus. VW has…

Macy’s CFO says the American consumer is still healthy, but lower-income shoppers could soon cut back

In this article M Pedestrians carry Macy’s shopping bags in San Francisco, California, on Thursday, Sept. 16, 2021. David Paul Morris | Bloomberg | Getty Images Macy’s says the American consumer is still healthy and spending. But, as escalating oil prices translate into higher prices at the gas pump and bigger grocery bills, the department…

JetBlue founder’s start-up Breeze Airways plans to nearly double its routes, add cross-country flights

David Neeleman, founder and chief executive officer of Breeze Airways, during a champagne christening before the airlines’s inaugural flight at Tampa International Airport (TPA) in Tampa, Florida, May 27, 2021. Matt May | Bloomberg | Getty Images Breeze Airways on Tuesday said it plans nearly double its network to 77 routes this spring and summer,…

U.S. far from normal with Covid deaths 10 times higher than seasonal respiratory viruses, report says

Nurse practitioner Deborah Beauplan administers a COVID-19 swab test at a drive-thru testing site set up for Suffolk County, New York. Newsday | Getty Images The U.S. has a long way to go before the pandemic is over and life returns to semblance of normalcy as deaths from Covid-19 remain far higher than seasonal respiratory…

Used-car prices are still sky-high — but they may be easing

A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images Wholesale used-vehicle prices fell in February from January, a sign that while prices remain near record levels, the surge in U.S. used-car prices may be easing. Cox Automotive said on…

Bed Bath & Beyond shares surge 65% after GameStop chairman reveals big stake, pushes turnaround

In this article BBBY Customers carry bags from Bed Bath & Beyond store on April 10, 2013 in Los Angeles, California. Kevork Djansezian | Getty Images News | Getty Images Bed Bath & Beyond surged 65% in premarket trading Monday after GameStop Chairman Ryan Cohen revealed he had a nearly 10% stake in the retailer,…

From Dole Whip to Blue Milk: How Disney has used food to elevate its theme parks

In this article DIS A sample of cocktails available onboard the Halcyon. Disney Thrill-seekers of all ages are excited to return to theme parks, but gravity-defying rides and immersive attractions aren’t the only things they have an appetite for. In the last two decades, food and beverage offerings have become an increasingly important part of…

How to know when oil prices will cause a recession, and what to invest in

In this article .SPX XLE With the national average for a gallon of gas hitting its highest price since 2008 and the stock market on edge with the first land war in Europe since WWII being waged by one of the world’s biggest crude oil producers, crude oil prices and energy stocks are an area…

Jim Cramer says owning Devon Energy is an ‘insurance policy’ against continued geopolitical chaos

In this article DVN Investors who want to a stock to guard against global uncertainty in light of the Russia-Ukraine war should look to Devon Energy, CNBC’s Jim Cramer said Friday. The “Mad Money” host’s recommendation came hours after he interviewed Devon’s chief executive, Rick Muncrief, during the CNBC Investing Club’s monthly meeting for subscribers….

Why a California city is trying to build the state’s last fossil-fueled power plant

In this article DIS People gathered in Glendale in February to protest the city’s approval to build a fossil-fueled power plant. Courtesy of Morgan Goodwin Glendale, a Los Angeles suburb that’s home to Walt Disney Imagineering and the famous Brand Boulevard, could be the last city in California to build a fossil-fueled power plant. The…

How the U.S. determines what makes a car safe

Recent upticks in traffic deaths have sparked worry among safety advocates, government officials and even the industry itself. The toll — 1.36 fatalities per 100 million vehicle miles traveled — has been called “a national crisis” by U.S. Secretary of Transportation Pete Buttigieg. That said, riding in cars is currently far safer than it was…

Cramer’s lightning round: Virgin Galactic is not an ‘investable frontier’

Loading chart… Freeport-McMoRan Inc: “It’s still incredibly cheap … Copper hit an all-time high today and these guys have great assets. I think you’ve really got game with that one.” Loading chart… Progress Software Corp: “There’s so many data-based software companies now, I just can’t own it unless you think you can get a takeover.”…