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☆ Ford sales edge 1% higher in the second quarter, led by trucks
▼ + stars: | 2024-07-03 | by ( Sara Salinas | In Saracsalinas | ) www.cnbc.com time to read: +1 min

Ford sales rose 1% during the second quarter over the year-earlier period, led by a 5% gain in truck sales, the automaker said Wednesday. Ford truck sales, which include pickups and vans, totaled 308,920 vehicles during the period, the company's best second-quarter performance for the category since 2019, Ford said. Sales of Ford electric vehicles totaled 23,957 during the second quarter, up 61%. GM said total sales of 696,086 made for its highest quarterly sales mark since the fourth quarter of 2020. Auto industry forecasters including Cox Automotive and Edmunds expect second-quarter sales industrywide to be roughly flat year over year.

Persons: Ford, Edmunds, — CNBC's Michael Wayland Organizations: Ford, Motors, GM, Auto, Cox Automotive Locations: Chicago , Illinois

☆ Navajo Nation: As it gets hotter, 13,000 families in this pocket of America live without electricity
▼ + stars: | 2024-07-03 | by ( Ashley Killough | Ed Lavandera | ) edition.cnn.com time to read: +10 min

But Benally – like 13,000 families in roughly a third of Navajo Nation households – is still off the electrical grid. But while private companies tapped those resources in the 20th century to help electrify areas around the Southwest, the Navajo Nation reaped few benefits. Linemen work to install power lines to bring electricity to the Navajo Nation. Today, it costs the Navajo Nation $40,000 per family, largely due to the remote, desert land. William Lee Tom Jr. screws in a lightbulb at his Navajo Nation home.

Persons: New Mexico CNN — Katherine Benally, Benally, “, ”, Bryan English, Dave Lock, Franklin Roosevelt’s, Ashley Killough, Bennett, Deenise Becenti, who’ve, Arlene Henry, Arlene Henry doesn't, Arlene Henry's, CNN “, ” Henry, Henry, ” Henry clutched, William Lee Tom Jr, He’s, Tom, it’s, Joel De La Rosa Organizations: New Mexico CNN, Navajo, Navajo Nation, Trico Electric Cooperative, ”, Canyon, Electric Cooperative Association, US Energy Department, CNN, Navajo Tribal Utility Authority, American Public Power Association, National Rural Electric Cooperative Association, Workers Locations: New Mexico, United States, American, America, Arizona, Benally’s, West Virginia, Navajo, Crystal , New Mexico, Rock , Arizona

☆ Tesla sales fall again as more automakers crowd electric vehicle market
▼ + stars: | 2024-07-02 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —Tesla sales fell for the second straight quarter. In the fourth quarter BYD briefly passed Tesla in global EV sales. But the better-than-expected Tesla sales were enough to lift shares of Tesla (TSLA) by more than 9% in midday trading. The strong EV sales were balanced by a slight drop - about 0.3% - in sales of traditional gasoline powered cars. Toyota’s US EV sales soared even more, rising 301% to 11,600.

Persons: Tesla, Elon Musk, —, BYD, CNN’s Laura He, Peter Valdes, Dapena Organizations: New, New York CNN, clamoring, Tesla, Volkswagen, General Motors, Ford, GM, EV, Blazer EV, Cadillac, Toyota Locations: New York, China, Europe, North America

☆ 19 bodies found in abandoned truck in the violence-heavy Mexican state of Chiapas
▼ + stars: | 2024-07-02 | by ( Abel Alvarado | ) edition.cnn.com time to read: +1 min

CNN —At least 19 bodies were discovered on Monday in an abandoned truck in the southern Mexican state of Chiapas, near the border with Guatemala, according to the state’s attorney general. Five of the bodies had gunshot wounds and all were wearing dark clothing and tactical vests containing ammunition, authorities said. Mexican President Andres Manuel Lopez Obrador attributed the deaths to cartel violence and said some of the victims were migrants from Guatemala. Well, drug trafficking and the trafficking of migrants, meaning human trafficking, it’s a route,” Lopez Obrador said Tuesday during his daily press conference. Violence has been on the rise in Chiapas as cartels fight for control of lucrative routes for smuggling migrants and drugs.

Persons: Andres Manuel Lopez Obrador, ” Lopez Obrador, ” Organizations: CNN, Sinaloa Cartel, Jalisco New Locations: Mexican, Chiapas, Guatemala, Sinaloa, Jalisco

☆ America's freight recession is showing no signs of ending
▼ + stars: | 2024-07-02 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Accuride, a truck-parts company, faces elevated default risk, S&P Global Ratings said. The situation is indicative of a broader US freight recession that's showing few signs of abating. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The latest example of the industry's struggles came on Monday, when S&P Global Ratings cut to negative its outlook on Accuride, a commercial-truck-parts manufacturer. The agency cited weak sales and negative free operating cash flow as reasons the company is at risk at default next year.

Persons: — Organizations: Service, Business

☆ 6 Beaches to Love This July 4 (and All Summer Long)
▼ + stars: | 2024-07-01 | by ( The New York Times | ) www.nytimes.com time to read: 1 min

Perhaps you already have a favorite beach — one where already you know how to nab a free parking space, where the best shady spot is and when the soft-serve truck makes its rounds. If you’re looking to mix it up this July 4, or throughout the summer, here are six beach destinations around the United States to inspire a new adventure. Keep in mind that AAA projects that this Independence Day holiday period will be a record breaker. Nearly 71 million people are expected to travel 50 or more miles from home between June 29 and July 7, including more than 60 million on the roads — so be safe and leave plenty of time for the drive.

Organizations: nab, AAA Locations: United States

☆ Turkish officials call for calm as social media hysteria fuels anti-Syrian riots in Turkey
▼ + stars: | 2024-07-01 | by ( Scott Mclean | Isil Sariyuce | ) edition.cnn.com time to read: +4 min

Istanbul CNN —Allegations of sexual abuse against a child by a Syrian man in Kayseri, Turkey, have sparked overnight riots that targeted Syrian businesses and cars in the city. Protesters in al-Bab, Aleppo, Syria, attack a Turkish truck during demonstrations against Turkey on July 1, 2024. Bakr Alkasem/AFP/Getty ImagesIn another town, Ghazawiah, also in northwest Syria, protesters were seen pulling the Turkish flag town from a military site. At the “Bab al-Salama” border crossing with Turkey, the Turkish flag was removed, burned and replaced with a Free Syrian Army flag, according to a local resident and images circulating on social media. Turkey hosts more Syrian refugees than any other country, but Turkey has often struggled to integrate Syrian refugees fully into society.

Persons: Ali Yerlikaya, Recep Tayyip Erdogan, ” Erdogan, ”, Bakr, Bab, Salama, Forces ”, Yerlikaya, “, Erdogan, Bashar al, Assad Organizations: Istanbul CNN, Anadolu, CNN, Getty, Free Syrian Army, “ National Coalition for Syrian Revolution, Forces Locations: Istanbul, Syrian, Kayseri, Turkey, Turkish, Anatolian, “, Syria, Atareb, Bab, Aleppo, AFP, Ghazawiah

☆ Supreme Court Extends Time Frame for Challenges to Regulations
▼ + stars: | 2024-07-01 | by ( Adam Liptak | More About Adam Liptak | ) www.nytimes.com time to read: +2 min

The case on time limits, Corner Post v. Board of Governors of the Federal Reserve System, No. 22-1008, arose from a challenge to a 2011 regulation of debit-card swipe fees brought by two trade associations in 2021. The amended suit said Corner Post could not have sued within the six-year period after the issuance of the regulation because it did not yet exist. “Has the Justice Department and the agencies considered whether there is any interaction between these two challenges?” Justice Kagan asked. The lawyer, Benjamin W. Snyder, responded, “I want to be careful here.”Then he added that the consequences could be enormous.

Persons: Elena Kagan, “, ” Justice Kagan, Benjamin W, Snyder, ” Organizations: Governors, Federal Reserve, N.D, Chevron, Natural Resources Defense Council, Justice Department Locations: Watford City, Chevron

☆ Supreme Court prepares to issue ruling on Trump immunity and final cases Monday
▼ + stars: | 2024-07-01 | by ( John Fritze | ) edition.cnn.com time to read: +5 min

That position appeared to have some purchase on the 6-3 conservative Supreme Court during oral arguments in April. The court will also decide two cases at the intersection of the First Amendment and social media. At issue are laws enacted in Florida and Texas aimed at stopping social media giants like Facebook and X from throttling conservative views. The Republican governors who signed the laws said they were needed to keep the social media platforms from discriminating against conservatives. The issue before the Supreme Court is whether the truck stop may sue in the first place, given a six-year statute of limitations on challenging government regulations.

Persons: Donald Trump, Trump, Jack Smith’s, Joe Biden “, Jake Tapper, Biden, Elon Musk, –, Samuel Alito, Alito, John Roberts Organizations: CNN, White, Trump, Facebook, Elon, Capitol Locations: Florida, Texas, North Dakota, Idaho

☆ The World’s Next Big Drag Queen Is Brazilian
▼ + stars: | 2024-06-30 | by ( Jack Nicas | Victor Moriyama | ) www.nytimes.com time to read: +1 min

São Paulo’s main avenue was packed this month with thousands of people draped in the yellow and green of the Brazilian flag and captivated by a commanding figure atop a tractor-trailer rigged with speakers. From above, the scene could have maybe passed for one of the many political rallies held in the same spot by former President Jair Bolsonaro, the Brazilian far-right leader who has infamously declared that he could never love a gay son. (Though, to be fair, the enormous rainbow flag would be a giveaway.) It was, in fact, one of the world’s largest Pride parades, and the person atop the sound truck was Phabullo Rodrigues da Silva, 30, the gay son of a working-class single mother in Brazil’s north. Yet everyone in the crowd knew him as Pabllo Vittar, a 6-foot-2-inch drag queen in a glittering cutoff Brazilian soccer jersey and shredded jean shorts — one of the biggest pop stars in this nation of 203 million.

Persons: Jair Bolsonaro, Phabullo Rodrigues da Silva, Pabllo, jean Locations: Brazil’s

☆ Can Japan’s First Same-Sex Dating Reality Show Change Hearts and Minds?
▼ + stars: | 2024-06-30 | by ( Motoko Rich | Kiuko Notoya | ) www.nytimes.com time to read: +1 min

Japan is the only country among the world’s wealthiest democracies that has not legalized same-sex unions. Few celebrities are openly gay. But now, Netflix is introducing the country’s first same-sex dating reality series. In Japan, the handful of openly gay and transgender performers who regularly appear on television are typically flamboyant, effeminate comic foils who are shoehorned into exaggerated stereotypes. With “The Boyfriend,” Dai Ota, the executive producer, said he wanted to “portray same-sex relationships as they really are.”

Persons: Dai Ota, ” Organizations: Netflix Locations: Japan, Tokyo, Terrace

☆ An alphabet soup of 'electrified' vehicles awaits new car buyers as EV sales stall
▼ + stars: | 2024-06-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +9 min

A car shopper today has their pick of traditional internal combustion engine (ICE) vehicles; mild-hybrid electric vehicles (MHEVs); hybrid electric vehicles (HEVs); plug-in hybrid electric vehicles (PHEVs); fuel cell electric vehicles (FCEVs) and battery-electric vehicles (BEVs), also commonly known as EVs. Here's a breakdown: Internal combustion engine (ICE): A "traditional" vehicle with an engine that's fueled with gasoline or diesel. Hybrid electric vehicle (HEV): Think of the Toyota Prius, a vehicle that has a hybrid powertrain system combined with an engine. Plug-in hybrid electric vehicle (PHEV) : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery. : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery.

Persons: Paul Waatti, Heather Seymour, Seymour, Stellantis, Waatti, Michael Wayland, Antonio Filosa, Russell Wager, Jérémie Papin, BEV Organizations: DETROIT —, Pacifica, Toyota, CNBC, Motors, Chevrolet, Kia America, EV, Kia, GM, Detroit, GM Energy, Ford Motor, Auto, Nissan, ICE, Toyota Prius Locations: U.S, Stellantis, St, Johns , Florida, Detroit, Japan, South Korea, Germany

☆ ‘The Whole Country Is Falling to Bits’: Britain’s Young Voters Are Frustrated
▼ + stars: | 2024-06-29 | by ( Megan Specia | ) www.nytimes.com time to read: +1 min

Their wages have failed to keep up with the surge in the cost of living, and many said they were living paycheck to paycheck. Mr. Kehoe, 26, serves food in the hospital. On Thursday, the day of Britain’s general election, he plans to vote for the center-left Labour Party because of the economic situation and the crumbling state of the National Health Service, he said. Thinking of the life that his parents built on salaries earned as a nurse and a truck driver, Mr. Kehoe says that young people have been left with far worse prospects after 14 years of a Conservative-led government. “If you go back 30 years ago, houses were a bit more affordable, life was a little bit easier,” he said.

Persons: Liam Kehoe, Kehoe, ” Organizations: Royal Liverpool University Hospital, Labour Party, National Health Service, Conservative Locations: British

☆ Live Updates: Supreme Court Overrules Chevron Doctrine, Imperiling an Array of Federal Rules
▼ + stars: | 2024-06-28 | by ( Adam Liptak | ) www.nytimes.com time to read: +12 min

But that gave too much power to unelected government officials, according to conservatives, who ran a coordinated, multiyear campaign to end the Chevron doctrine. The Environmental Protection AgencyEnvironmentalists fear that the end of the Chevron doctrine will mean the elimination of hundreds of E.P.A. “I would expect the industry to attack the F.D.A.’s authority to do premarket review at all,” said Desmond Jenson, deputy director of the commercial tobacco control program at the Public Health Law Center. Others noted the Chevron decision could have a chilling effect, compelling the F.D.A. “The Supreme Court has not relied on Chevron in quite a few years,” she said.

Persons: ”, Lisa Heinzerling, Donald J, Trump, Mandy Gunasekara, President Trump, Jonathan Berry, doesn’t, ” Rather, Berry, ” Mr, Chevron, Biden, Garden, “, Desmond Jenson, Nicholas Bagley, Rachel Sachs, Louis, Abbe R, Gluck, Ms Organizations: Georgetown University, “, Congress, Labor, Act, Republican, Trump, Chevron, Labor Department, Mr, Environmental Protection Agency, Biden, University of Minnesota, The National Labor Relations Board, Food, Drug Administration, Public Health Law Center, Health, Affordable Care, University of Michigan, Washington University School of Law, Department of Health, Human Services, Centers, Medicare, Services, Yale Law School, Treasury, Internal Revenue, Treasury Department, Internal Revenue Service Locations: Chevron, St

☆ Photos of trucks full of leaking detergent and spoiled food reveal a big challenge for Family Dollar
▼ + stars: | 2024-06-28 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Detergent leaks from crushed bottles in one recent delivery to a Family Dollar store. It already unveiled a plan in March to close 1,000 Family Dollar stores — about 13% of the chain's locations. Related storiesThen, earlier this month, it went a step further and said that it was considering a sale of Family Dollar. Alex Bitter/BIWhat Family Dollar and Dollar Tree are doing about the damaged products is unclear. Do you work for Family Dollar, Dollar Tree, Dollar General, or another retailer and have a story idea to share?

Persons: —, I've, Alex Bitter, It's, he's Organizations: Service, Dollar, Business, Pepsi Locations: Florida

☆ Opinion: The real loser in the first presidential debate
▼ + stars: | 2024-06-28 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +28 min

CNN —CNN Opinion asked political contributors to weigh in on the first presidential debate of the 2024 race. On the other hand, President Joe Biden did not meet expectations and may have increased concerns about his age and ability to lead for another four years. Debates are always more about style than substance, and President Joe Biden’s style was simply awful. Did President Joe Biden come off as a leader or a loser? And yes, the visuals in this first presidential debate of the cycle were phenomenally important.

Persons: Ana Marie Cox, Joe Biden’s, Donald Trump, Biden, Ana Marie Cox Faith Fonseca, Trump, mumbling, I’m, Shermichael Singleton, Joe Biden, Paul Begala, ” “, ” Paul Begala, meandered, —, Republicans — Biden, Bill Clinton’s, Clinton, Jeff Yang, Jeff Yang CNN, — Biden, Joe, Bruce, ”, “, ” Patrick T, Brown, Biden’s, Dobbs, Roe, Wade, Patrick T, CNN’s Dana Bash, David Mark, there’s, Kamala Harris, Harris, Nikki Haley, ” Geoff Duncan, Geoff Duncan Alex Slitz, Geoff Duncan, Peter Bergen, Abu Bakr al, General Qassem Soleimani, It’s, ” Susanne Ramirez de Arellano, Susanne Ramirez de Arellano Frank Moya, Biden “, ” Trump, Susanne Ramirez de Arellano, Roxanne Jones, Democrats — Biden, Nobody, Jones, Lanhee J, Chen, Chen Lanhee J . Chen, David, Diane Steffy, Romney, Ryan Organizations: CNN, Democratic Party, Biden, Trump, “, Global, Democrats, ” Paul Begala CNN, Republicans, Democratic, sonics, Public Policy Center, Economic, Republican, South Carolina Gov, Democratic National Convention, Washington, Peter Bergen CNN, US Border Patrol, ISIS, Islamic, Guards, Force, Walmart, New America, Capitol, New, Arizona State University, Social Security, Medicare, UCLA, Politics Initiative, America, Tonight, Univision Puerto Rico, ESPN, New York Daily News, Philadelphia Inquirer, Public Policy, Hoover Institution Locations: Texas, Austin, America, Asian America, Washington , DC, bravura State, Canada, Abu, Uzbek, Manhattan, El Paso , Texas, New America, United States

The debate between Donald J. Trump and President Biden had analysts in Asia fretting. During Thursday night’s debate, President Biden told former President Donald J. Trump that the United States is the “envy of the world.”After watching their performance, many of America’s friends might beg to differ. In Europe and Asia, the back-and-forth between the blustering Mr. Trump and the faltering Mr. Biden set analysts fretting — and not just about who might win the election in November. Image Mr. Biden leaving the debate stage. Kasit Piromya, Thailand’s foreign minister from 2008 to 2011 and a former ambassador to the United States, lamented the state of American politics.

Persons: Donald J, Trump, Biden, ”, fretting —, ” Simon Canning, ” Sergey Radchenko, Vladimir Putin, Xi Jinping, “, Putin, “ I’ve, Mr, Kenny Holston, François Heisbourg, Trump’s, “ I’m, Heisbourg, Radoslaw Sikorski, Marcus Aurelius, Commodus, Sikorski, Joe Biden’s, Donald Trump, Joe Biden, Daniela Schwarzer, Bogdan Butkevych, “ Trump, Chan Heng Chee, Ms, Chan, Lee Byong, ’ ”, Koichi Nakano, Haiyun Jiang, Narendra Modi, Tara Kartha, —, Shen Dingli, don’t, Kasit, Damien Cave, Lee Wee, Choe Sang, Vivian Wang, Camille Elemia, Mujib Mashal, Ségolène Le Stradic, Marc Santora Organizations: Johns Hopkins School, International Studies, —, Mr, Russia, New York Times, Trump, Bertelsmann Foundation, Washington , D.C, Credit, Kremlin, Kyiv Independent, Biden unnerves, Institute for Far Eastern, Kyungnam University, Sophia University, The New York Times, Washington, National Security Council of, ”, Weibo Locations: Asia, Australian, United States, Europe, Australia, Washington, Russia, China, North Korea, Ukraine, Lebanon, Iran, Israel, Japan, South Korea, Gaza, Jerusalem, France, Washington ,, American, Ukrainian, North, Seoul, “, United, Tokyo, The New York Times India, National Security Council of India, New Delhi, Beijing, India, Communist, Shanghai, U.S, Southeast Asia

☆ Ford CEO says a profitable $30,000 EV is coming in two and a half years
▼ + stars: | 2024-06-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Ford Motor expects to introduce a $30,000 all-electric vehicle that will be profitable in roughly two and a half years, CEO Jim Farley said Friday during the Aspen Ideas Festival. "You have to make a radical change as an [automaker] to get to a profitable EV. Ford's EV unit lost $1.32 billion during the first quarter of this year on 10,000 vehicles wholesaled. Farley said it's crucial for Ford to make profitable EVs in the next five years, as Chinese automakers continue to expand globally. "And if we don't make profitable EVs in the next 5 years, what is the future?

Persons: Jim Farley, Farley, Tesla, Ford, CNBC's Julia Boorstin, they're, Ford's Organizations: Washington , D.C, Ford Motor, Aspen Ideas, Ford, EV Locations: Washington ,, U.S, Canada, North America

☆ Houthi rebels say they've fired a new 'homemade hypersonic missile,' posting footage of its launch at a civilian ship
▼ + stars: | 2024-06-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Read previewYemen's Houthi rebel group said on Wednesday that it targeted a Liberian-flagged ship in the Arabian Sea with a "homemade hypersonic missile," saying it unveiled the weapon for the first time. Houthis posted footage of the missileHouthi-linked channels posted footage of the purported launch, calling the missile the "Hatem-2" or "Hadim-2." AFP via Getty ImagesIs the 'Hatem-2' really a homemade hypersonic missile? Notably, Yemen's latest launch occurred as the USS Dwight D. Eisenhower Carrier Strike Group left the region on Saturday after defending the area for about eight months. It is due to be replaced by the USS Theodore Roosevelt Carrier Strike Group.

Persons: —, Yahya Sare'e, Sare'e, MSC Sarah V, Houthis, Hatem, SARAH V, Saddam Hussein's, Yemen's, Dwight D, Theodore Roosevelt Carrier, Roosevelt Organizations: Service, Liberian, Business, MSC, Kingdom Maritime Trade Operations, British Royal Navy, Yemeni Military Industrialization Corporation, United Nations, AFP, Getty, Tel Aviv . Naval, US, Eisenhower Carrier Strike Group, Theodore Roosevelt Carrier Strike Locations: Greek, Israel, Abu Dhabi, Persian, Iran, Tehran, Saddam Hussein's Iraq, China, Palestine, Red, Gaza, Tel Aviv, Yemen, South Korea

☆ I'm delighted by this car dealership's parody of 'The Office'
▼ + stars: | 2024-06-27 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

The workplace drama I'm now highly invested in is from the Mohawk Chevrolet dealership in Ballston Spa, New York. The three-person marketing team in charge of posting on social media would sometimes try to jump on a TikTok trend or some other kind of lighthearted fare. So far, nothing out of the ordinary for a car dealership, this one founded in 1919 with the slogan "We go out of our way to please you." But then, somehow, they made a masterpiece — a mockumentary about the dealership in the style of "The Office." But is a viral video from a local car dealership actually good for sales?

Persons: —, I'm, Nathanael Greklek, Ben Bushen, Grace Kerber, Bushen, Guy Fieri, Kerber, They've Organizations: Service, Mohawk Chevrolet, Business, Chevy, Chevrolet, Honda, BMW Locations: Ballston Spa , New York, Saratoga

☆ Walgreens slashes profit guidance, citing 'challenging' environment for consumers and pharmacies
▼ + stars: | 2024-06-27 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021. Walgreens on Thursday reported fiscal third-quarter earnings that fell short of expectations and slashed its full-year adjusted profit outlook, citing a "challenging" environment for pharmacies and U.S. consumers. Still, Walgreens topped revenue estimates for the quarter on strong performance in its health-care segment. The company reported a net income of $344 million, or 40 cents per share, for the quarter. The company has not offered that guidance since October, when it said it expected $141 billion to $145 billion in sales.

Persons: Tim Wentworth, we've, Wentworth Organizations: Walgreens, Walgreens Boots Alliance, CNBC, LSEG Locations: Manhattan , New York City

☆ Your Ford pickup could be one of the half million trucks being recalled for suddenly shifting gears
▼ + stars: | 2024-06-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Ford has issued a recall notice for over 550,000 of its 2014 model F-150 pickup trucks in the US. The recall came after users complained that the trucks would suddenly drop to first gear. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementFord has issued a recall for half a million of its F-150 pickup trucks after receiving hundreds of complaints that they suddenly downshifted to first gear.

Persons: Ford, —, downshifted Organizations: Service, National, Traffic Safety Administration

☆ Tesla recalls Cybertruck to fix faulty windshield wipers, loose trim
▼ + stars: | 2024-06-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

One is to fix problems with trim pieces, which can loosen and fall off the trunk, and the other is to address faulty motor controllers in the front windshield wipers. The report said a "non-functioning windshield wiper may reduce visibility in certain operating conditions, which may increase the risk of a collision." Tesla plans to replace the motor controller in the Cybertruck windshield wipers for customers. An earlier Cybertruck recall was issued to repair an accelerator pedal issue. The recall disclosures for the windshield wiper issue said that from Nov. 13, 2023, to Jun.

Persons: Tesla, —, didn't, Elon Musk, Musk, Tesla's, It's Organizations: National, Traffic Safety Administration, Ford, Tesla Locations: U.S, Austin , Texas, China

☆ Ford steals market share, plus bank stress tests and Pool Corp's ripple effect
▼ + stars: | 2024-06-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

After three sessions of heavy rotation out of tech and AI winners and into other areas of the market, the market has shifted back to tech and momentum leaders. So when cracks are forming in other areas of the market, investors quickly return to where the growth is the strongest: tech. Stress tests: With the annual bank stress test results due out Wednesday after the bell, Jefferies took a look at how bank stocks have fared since 2021 immediately following the release. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.

Persons: Jim Cramer, John Rainey, Cramer, Ford, Jefferies, Wells Fargo, General Mills, — Morgan Chittum, Jim Cramer's, Jim, Bill Pugliano Organizations: CNBC, Corp, Supply, Pool Corp, Walmart, Union Pacific, Micron, Nvidia, Federal Reserve, Jefferies, FedEx, United States Postal Service, Jim Cramer's Charitable, Ford, Ford Dearborn Plant, Getty Locations: London, Dearborn , Michigan

☆ Off Gaza’s coast, truckloads of aid roll off a US military pier – only to remain uncollected
▼ + stars: | 2024-06-25 | by ( Jeremy Diamond | ) edition.cnn.com time to read: +4 min

CNN —After a series of mishaps, trucks of humanitarian aid are now beginning to roll onto the US military pier off the Gaza coast at a steadier pace. The US military says it is now moving about 800 pallets of humanitarian aid per day to Gaza via the temporary pier, or roughly 40 trucks. Humanitarian aid operations in Gaza have been severely hampered by an increase in Israeli military operations over the past month and humanitarian aid officials say lawlessness and looting are also on the rise. The Israeli military says it has been getting hundreds of aid trucks into Gaza recently, blaming humanitarian aid agencies’ lack of capacity for not picking up and distributing the aid. Pressed on criticism from humanitarian aid groups that the US’s $230-million effort would have been better spent pressuring Israel to get more aid into Gaza via land routes, Capt.

Persons: Leo Correa, Joe Biden, Israel, Joel Stewart, ” Organizations: CNN, Food, Army, Pentagon, Navy Locations: Gaza, Israeli, American

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