U.S. News
Ford achieves quality milestone, as CEO targets flawless new vehicle launches
Ford CEO Jim Farley told CNBC that the automaker has learned from its past quality and recall issues, which have hurt its earnings and stained its reputation.
American Express and Chase move luxury lounge wars beyond the airport
Credit card companies are increasingly offering access to lounges and perks at festivals and sporting events, often exclusively for premium cardholders.
Extreme heat wave threatens U.S. power grids and July 4 travel
The heat wave threatens to overwhelm U.S. grids and may force some to change their plans on one of the busiest travel weeks of the year.
Olympian David Hearn indicted in Reflecting Pool destruction of property case
President Donald Trump has made the renovation of the Reflecting Pool on the National Mall a top priority in his second year back in the White House.
Amazon has deployed enough satellites to launch Leo service later this year
Leo will compete with SpaceX’s Starlink, which had a four-year start over Amazon and has more than 10,000 satellites in its constellation.
Dow rides into new week at record high. What investors are watching ahead
Investors are wondering what the second half of the year will bring after big gains for stocks.
Sandwich chain Jersey Mike’s files for IPO, reports 50% same-store sales growth in recent years
Jersey Mike’s has nearly 3,300 locations, making it the second-largest hoagie sandwich chain in the U.S. behind Subway.
Premier Lacrosse League plans to bring in team owners by 2028 ‘or soon thereafter,’ co-founder says
Paul Rabil told CNBC he’s banking on the 2028 Los Angeles Summer Games, where lacrosse will return as an Olympic sport, to shine a spotlight on the PLL.
Ford Q2 sales drop 10.3% due to F-Series supplier issue, falling EV demand
Ford said its EV sales fell by 40.7% during the quarter compared with a year earlier, while sales of its F-Series trucks, including the F-150, declined 11%.
Tesla stock sinks 7% despite strong deliveries report, posting worst day in nearly a year
Tesla is trying to recover from consecutive annual declines in vehicle sales that were partly caused by a consumer backlash against CEO Elon Musk.
Microsoft commits $2.5 billion and 6,000 employees to new AI implementation unit
Microsoft is the latest tech company to form a business focused on helping customers understand and implement artificial intelligence.
U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.
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