Author: Editor-In-Chief

Detroit — ford motor expects to record approximately $19.5 billion in special items related to realigning business priorities and reducing investment in fully electric vehicles, the company announced Monday.The Detroit automaker said most of these charges will occur during the fourth quarter. Ford then said $5.5 billion in cash would be requested through 2027, with most of it paid next year.This charge affects the automaker’s net results, but not its adjusted profits. The automaker announced Monday that it is raising its outlook for adjusted earnings before interest and taxes in 2025 to about $7 billion. This is in line with…

“I’ll leave that aside.”Steve Smith became coy when asked exactly what he said to Jofra Archer during a late duel shortly after Australia’s victory over England in the second Ashes Test in Brisbane. But Mike on the stumps certainly picked it up. “When nothing’s going on, bowl fast, champ,” were the words Smith uttered. In England’s quick game, Smith pulled Archer in the 14th over, top-edged him in another over and hooked fine leg in the 6th over as speedy overs eased Australia towards a target of just 65 in exactly 10 overs, extending a 2-0 lead in the five-match…

Bill Schmidt Jr. (C) joins cannabis reform protesters in front of the White House on October 24, 2022 in Washington, DC, calling on US President Joe Biden to “take action on cannabis tolerance before the general election in November.”Win McNamee | Getty ImagesMarijuana stocks did not rise for the second day in a row on Monday, even after President Donald Trump admitted he was considering issuing an executive order to loosen marijuana regulations.of Amplify Seymour Cannabis ETF (CNBS) It rose in afternoon trading after President Trump said he was considering reclassifying the drug. Still, the fund fell nearly 7% as…

The Financial Times reported on Tuesday that the United States had halted a technology trade deal with Britain as officials in Washington became dissatisfied with the pace of progress.Announced in September during President Donald Trump’s state visit to the UK, the Technology Prosperity Agreement is a comprehensive agreement aimed at boosting cooperation between the two countries in technology areas such as artificial intelligence, nuclear fusion and quantum computing.At the time, President Trump said the agreement “ensures that our two countries will lead together in the next great technological revolution.” British Prime Minister Keir Starmer said the deal was a “generational…

Sunday was the first night of Hanukkah, and more than 1,000 people gathered on Sydney’s Bondi Beach to celebrate, with some dancing and drumming. Others were swimming in the sea. Within hours, this beach would be home to Australia’s deadliest mass shooting in nearly 30 years, leaving 15 people dead in addition to a suspect. The two suspects, 50-year-old Sajid Akram, were killed in a gunfight with police. and her 24-year-old son Naveed Akram, who is detained in the hospital. CNN has compiled a timeline of events based on news reports, social media and local news outlets to document the…

Portugal has been confirmed to return to the F1 calendar in 2027 and 2028. Portimao had previously been named on the F1 calendar for the 2020 and 2021 seasons amid a year-long reshuffle affected by the coronavirus. The Portuguese Grand Prix will effectively replace the Dutch Grand Prix at Zandvoort, which has already been confirmed to be removed from the F1 calendar from 2026 onwards. Use Chrome Browser for a more accessible video player Check out the funniest moments from Sky Sports F1 in 2025! The 4.6km-long Portimão circuit is said to offer drivers a technical challenge with dramatic elevation…

Cashmere sweaters are everywhere these days, and many of them are sold at incredibly low prices. Its appeal is obvious. If you’ve ever worn cashmere, you know that it’s soft, light, and warm. This is a striking fiber that is difficult to part with. Unfortunately, these bargain prices usually come with a catch. Cashmere is obtained from the fine undercoat of a few breeds of goats. A goat is typically sheared twice a year and can produce only 4 to 6 ounces (113 to 170 grams) of cashmere per year. For a growing market, this is not a lot of…

Frontier Airlines President and CEO Barry Biffle attends a hearing of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights on September 30, 2025 in Washington.Kent Nishimura | Bloomberg | Getty ImagesFrontier Group HoldingsFrontier, the parent company of low-cost airline Frontier, has replaced Barry Biffle as the airline’s president after nearly a decade as CEO, the company announced Monday.James Dempsey will serve as interim CEO, effective immediately.”Jimmy has been a valued member of Frontier’s senior management team for more than a decade, during which time he has played a critical role in the company’s evolution and growth,” Board…

Slope is a lending startup that uses artificial intelligence to vet businesses. Amazon Starting Tuesday, we will be offering reusable lines of credit to Amazon sellers. JP Morgan Chase the company exclusively told CNBC. This new relationship will allow eligible U.S. Amazon vendors to apply for and access funds directly through their Amazon seller accounts with real-time approvals. Slope co-founder and CEO Lawrence Lin Murata said he saw the ups and downs of running a small business when he was growing up in São Paulo.Hayashi Murata helped his parents in the family’s toy store, which they had run for more…

Manchester United and Manchester City are firmly in the race to sign Antoine Semenyo from Bournemouth.Semenyo’s contract has a release clause of £65 million, which comes into effect from January 1, and the forward has attracted interest from a number of top Premier League clubs. City are keeping a close eye on the 25-year-old’s signing, with Tottenham also keen. Some sources believe Josep Guardiola’s side are now the frontrunners to sign him. United are seen as serious rivals for City and Spurs, but Liverpool are still thought to be close behind. Use Chrome Browser for a more accessible video player…