Business

Ford CEO says company will rethink where it builds vehicles after last year’s autoworkers strike

DETROIT (AP) — Last fall’s contentious United Auto Workers’ strike changed Ford’s relationship with the union to the point where it will “think carefully” about where it builds future vehicles, Ford’s top executive said Thursday. CEO Jim Farley told the Wolfe Research Global Auto Conference in New York that the company always took pride in its relationship with the UAW, …

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Deere, Fastly fall; AppLovin, Shake Shack rise, Thursday, 2/15/2024

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Cisco Systems Inc., down $1.22 to $49.06. The seller of routers, switches and software trimmed its profit forecast for its fiscal year. Deere & Co., down $20.12 to $364.66. The agricultural equipment maker gave investors a disappointing financial forecast. AppLovin Corp., up $11.63 to $58.50. …

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Sony’s profit rises on growing sales of music, games, pictures and sensors

TOKYO (AP) — Japanese electronics and entertainment company Sony’s profit rose 13% in October-December on growing sales of music, image sensors and video games, the company said Wednesday. Tokyo-based Sony Corp.’s quarterly profit totaled 363.9 billion yen, or $2.4 billion, up from 321.5 billion yen the year before. Quarterly sales for the maker of the PlayStation game machines and Bravia …

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JetBlue shares soar as activist investor Carl Icahn takes a stake in the airline

Shares of JetBlue are up more than 18% in Tuesday afternoon trading as activist investor Carl Icahn took an almost 10% stake in the airline. Icahn, who purchased the shares in January and February, said in a regulatory filing that he believe JetBlue’s stock is undervalued and represents an attractive investment opportunity. The stock is down abut 29% in the …

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Hasbro, Goodyear fall; JetBlue Airways, TripAdvisor rise, Tuesday, 2/13/2024

NEW YORK (AP) — Stocks that are traded heavily or had substantial price changes on Tuesday: Cadence Design Systems Inc., down $12.25 to $294.33. The maker of hardware and software for validating chip designs gave investors a weak earnings forecast. Hasbro Inc., down 69 cents to $50.60. The maker of G.I. Joe, Play-Doh and other toys reported disappointing fourth-quarter financial …

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Haley tells Trump to ‘say it to my face’ after he questions her military husband’s whereabouts

GILBERT, S.C. (AP) — Former President Donald Trump on Saturday questioned why Nikki Haley’s husband wasn’t on the campaign trail, drawing sharp responses from both the former U.N. ambassador and her husband, who is currently abroad on a National Guard mission. “What happened to her husband?” Trump told a crowd in Conway, South Carolina, as he and Haley held events …

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Grupo de comunicación canadiense anuncia 4.800 despidos

TORONTO (AP) — La mayor empresa de medios de comunicación y telecomunicaciones de Canadá informó el jueves que pondrá fin a varios noticiarios de televisión y realizará otros recortes de programación después de que su empresa matriz anunciara 4.800 despidos y la venta de 45 de sus 103 emisoras de radio regionales. En un memorándum interno dirigido a los empleados …

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Disney to invest $1.5 billion in ‘Fortnite’ maker Epic Games to create games, entertainment

BURBANK, Calif. (AP) — The Walt Disney Co. said Wednesday it is paying $1.5 billion for a stake in “Fortnite” maker Epic Games, working with the game developer to create a “games and entertainment universe” that will feature games, shows and characters from Disney, Pixar, Marvel, Star Wars, Avatar and more. “This marks Disney’s biggest entry ever into the world …

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Microsoft’s Nadella woos Indian developers to the company’s AI tools

BENGALURU, India (AP) — Microsoft CEO Satya Nadella urged in a speech to more than a thousand Indian computer code developers on Thursday that they use the company’s artificial intelligence tools being deployed across its products. Speaking in Bengaluru, India’s “Silicon Valley,” Nadella noted that more than 13.2 million Indian developers are currently on GitHub, an internet hosting service for …

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Edmunds: How to get the most money for your trade-in vehicle

Most car shoppers focus their time and energy on getting the best sale price during a vehicle purchase. This is understandable considering the purchase price is the biggest number in the transaction. But a lot of these shoppers fail to consider another key factor that can help save money: getting the best value for their trade-in vehicle. Being prepared with …

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