Here are the most important news items that investors need to start their trading day.
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Jefferies downgrades Starbucks, says recession could hurt consumer spending in 2023
The firm is concerned a recession could hurt discretionary spending and same-store sales at the coffee chain.
Continue readingI drove hundreds of miles ‘hands-free’ in GM, Ford and Tesla cars – here’s how it went
CNBC’s Michael Wayland recently tested “hands-free” systems from Tesla, GM and Ford. Theirs are among the most readily available and dynamic on the market.
Continue readingTwo New York men arrested for conspiring with Russians to hack JFK taxi system
Two people were arrested for conspiring with Russian hackers to break into the taxi dispatch system at JFK Airport so they charge drivers to cut […]
Continue readingNFL nearing rights deal with Google’s YouTube TV for Sunday Ticket game package
NFL is working on a deal to partner with Google’s YouTube TV for Sunday Ticket rights.
Continue readingPorsche begins production of ‘e-fuel’ that could provide gas alternative amid EV push
Porsche officials celebrated the beginning of e-fuel production with the filling of a Porsche 911 with the first synthetic fuel produced at the site.
Continue readingFedEx plans more cost cuts as soft demand hurts profits
FedEx said it will be able to cut another $1 billion in costs beyond what it previously forecast.
Continue readingDwayne Johnson says ‘Black Adam 2’ won’t be part of new phase of DC movies at Warner Bros
A “Black Adam” sequel won’t be part of the next phase of DC movies from Warner Bros. Discovery, according to Dwayne Johnson.
Continue readingTreasury Department delays electric vehicle tax credit guidance until March
The sourcing of materials and batteries for EVs is a major part of the federal tax credits of up to $7,500 for consumers under the […]
Continue readingNike stock surges after earnings and revenue top expectations
Nike reported fiscal second-quarter earnings after the bell Tuesday.
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