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March 29, 2020
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Micron, Shoe Carnival, Ford and more

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CNBC – For more and to sign up click here Check out the companies making headlines after the bell. Micron Technology — The semiconductor company’s stock jump 5% in extended trading after Micron posted a double beat on earnings and revenue in the second quarter. The company reported earnings of 45......
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Tesla, Ford top auto stock picks with traders

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CNBC – For more and to sign up click here Auto stocks are surging. The group saw double-digit moves Tuesday on the back of the broader stock market’s one-day recovery rally, fueled by hopes that Congress would pass its pending coronavirus stimulus plan. The Dow Jones Industrial Average closed more......
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Coca-Cola withdraws 2020 outlook amid coronavirus pandemic

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CNBC – For more and to sign up click here James Quincey, President and chief operating officer of the Coca-Cola company. Patrick Kovarik | AFP | Getty Images Coca-Cola on Friday said that it does not expect to meet its financial outlook for 2020 due to the impact of the......
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Trump would consider federal equity stakes in companies

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CNBC – For more and to sign up click here U.S. President Donald Trump speaks during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C., U.S., on Thursday, March 19, 2020. Yuri Gripas | Bloomberg | Getty Images President Donald Trump said......
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In Iran a person dies every 10 minutes, US unemployment spikes

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CNBC – For more and to sign up click here This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 219,400 Global deaths:......
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GM studying whether factories can be used to make medical supplies in coronavirus fight

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CNBC – For more and to sign up click here GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. GM General Motors is......
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5 things to know before the stock market opens March 18, 2020

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CNBC – For more and to sign up click here 1. Dow set to plunge at open after Tuesday’s rebound U.S. stock futures hit their 5% “limit down” levels, meaning they can’t trade any lower Wednesday. However, the exchange-traded funds that track the Dow Jones Industrial Average, S&P 500 and......
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UAW, Detroit automakers negotiate rotating partial shutdowns of US plants

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CNBC – For more and to sign up click here An employee uses a flash grinder to smooth out the metal frame of a sports utility vehicle (SUV) on the production line at the General Motors Co. (GM) assembly plant in Arlington, Texas. Matthew Busch | Bloomberg | Getty Images......
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Fiat Chrysler, PSA end production at European plants

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CNBC – For more and to sign up click here A Jeep Renegade rolls down an assembly line at Fiat Chrysler’s Melfi assembly plant in Italy in 2015. Michael Wayland / CNBC Automakers are shutting down manufacturing plants in Europe as the coronavirus spreads and brings many industries to a......
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Ford’s COO to receive $2.5 million in shares if not selected as CEO

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CNBC – For more and to sign up click here Jim Farley, Ford Motor Company Executive Vice President and President of Global Markets, reveals the 2020 Ford Mustang Shelby GT 500 at the 2019 North American International Auto Show during Media preview days on January 14, 2019 in Detroit, Michigan.......
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Luxury pickup sales are booming and stealing attention away from SUVs

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CNBC – For more and to sign up click here Apparently truck owners like nice things, too. Automakers are raking in cash and industry awards selling high-end versions of the stalwart workhorse of vehicles, the pickup truck.  In recent years, General Motors, Ford and Fiat Chrysler have seen average transaction prices......
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Takeover of UAW amid ongoing corruption probe remains an option

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CNBC – For more and to sign up click here U.S. Attorney Matthew Schneider speaks during a news conference March 6, 2020 to discuss charges against former UAW President Gary Jones in Detroit. U.S. Attorney’s Office A takeover of the United Auto Workers union by the U.S. government to eliminate......
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Coronavirus fears prompt airlines to race to cut costs as demand slips

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CNBC – For more and to sign up click here A person watches as a Southwest Airlines Co. plane arrives at a gate at the Pittsburgh International Airport (PIT) in Moon Township, Pennsylvania, U.S., on Tuesday, July 2, 2019. Justin Meriman | Bloomberg | Getty Images WASHINGTON — Airline executives......

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