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CNN+
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CNN+ marketing funds paused, CNN chief financial officer let go as streaming service struggles

CNN+ marketing funds paused, CNN chief financial officer let go as streaming service struggles Via Just The News: CNN+ looks like it's in trouble. Following a rocky April launch, Warner Bros. Discovery has reportedly suspended all external marketing efforts for the new streaming service and relieved CNN's longtime chief financial officer of his duties.  At present, CNN+ has about 150,000 subscribers. Executives for the cable network have been calling the […]

today04/20/2022 12

commodities
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Price of corn hits 9-year high as surge in commodities continues

Price of corn hits 9-year high as surge in commodities continues Via CNBC.com: The surging price of corn hit another milestone on Monday morning as the cost of global commodities continues to push higher. The contracts for July corn futures were trading above $8 per bushel on Monday, the highest level since September 2012. The contracts were trading near $6 per bushel at the start of the year. Corn is […]

today04/19/2022 17

electric vehicles
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Tesla delivers 310,048 electric vehicles in the first quarter

Tesla delivers 310,048 electric vehicles in the first quarter Via CNBC.com: Tesla just reported first-quarter vehicle production and delivery numbers for 2022. Here’s how they did. Electric vehicle deliveries (total): 310,048 Electric vehicle production (total): 305,407 Over the same period last year, Tesla delivered 184,800 electric vehicles and produced 180,338 cars. Model 3 and Model Y vehicles comprised 95%, or 295,324, of deliveries in the first quarter of 2022, according to Tesla. […]

today04/04/2022 11

Larry Fink
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BlackRock CEO Larry Fink says Ukraine war spells end of globalization

BlackRock CEO Larry Fink says Ukraine war spells end of globalization Via New York Post: BlackRock CEO Larry Fink said that the Russian invasion of Ukraine “has put an end to the globalization we have experienced over the last three decades.” The head of the world’s biggest asset manager sent a letter to shareholders on Thursday warning of dark days ahead for the world economy, signaling that inflation is of […]

today03/25/2022 45

Model Y
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Tesla hikes China-made Model Y price again — by more than $2,000

Tesla hikes China-made Model Y price again — by more than $2,000 Via CNBC.com: Tesla raised the price for its cheapest Model Y car in China by 15,060 yuan ($2,372) on Thursday, following two consecutive price hikes for more expensive versions in just over a week. The standard China-made Model Y now costs 316,900 yuan ($49,932), up from the previous 301,840 yuan ($47,559) on Tuesday, according to data tracked by […]

today03/17/2022 70

BMW
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BMW cuts 2022 profit forecast for car segment due to Ukraine war

BMW cuts 2022 profit forecast for car segment due to Ukraine war Via CNBC.com: BMW lowered its profit margin expectations for its automotive segment for 2022 due to the war in Ukraine, the German carmaker said on Wednesday.    BMW Group now predicts growth of earnings before interest and taxation (EBIT) in its car segment in a range of 7-9% due to the war’s effects on production. Without the impact of […]

today03/16/2022 24

barrel
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U.S. crude oil briefly tops $130 a barrel, a 13-year high on possible Western ban of Russian oil

U.S. crude oil briefly tops $130 a barrel, a 13-year high on possible Western ban of Russian oil Via CNBC.com: Oil prices continued to surge in Monday morning trade as the market reacted to supply disruptions stemming from Russia’s ongoing invasion of Ukraine and the possibility of a ban on Russian oil and natural gas. West Texas Intermediate crude futures, the U.S. oil benchmark, spiked nearly 9% higher to $126.05 […]

today03/07/2022 28

Oil
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Oil could vault as high as $150 a barrel

Oil could vault as high as $150 a barrel Via CNBC.com: Oil prices are soaring and nothing appears to be stopping their ascent. December to January saw international benchmark Brent crude climb by roughly $11 a barrel, and it’s gone up nearly the same amount since the start of February, underpinned by supply concerns, rising inflation and geopolitical tensions. Brent surpassing $100 a barrel is almost a given at this […]

today02/16/2022 18

Electric vehicles
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Electric vehicles dominated Super Bowl ads, but are still only 9% of passenger car sales

Electric vehicles dominated Super Bowl ads, but are still only 9% of passenger car sales Via CNBC.com: Six of the seven car brands that ran an ad during the Super Bowl featured electric vehicles, according to analysis published Monday by the online car shopping marketplace Cars.com. The start-up Polestar featured its Polestar 2, while GM’s corporate brand advertised several EVs. Other brands pushing electric cars included BMW, GM’s Chevy, Kia, Nissan […]

today02/15/2022 20

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