Mustang Lithium Source: Ford The new 2020 Shelby GT500, at 760 horsepower, is the most powerful, street-legal Mustang Ford has ever produced. But last week, the automaker pulled the wraps off another version of the classic “pony car” that makes it look almost anemic by comparison. Not surprisingly, Ford introduced the 900 horsepower Mustang Lithium
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Military veterans often possess skills that can fortify a financial technology company’s workforce, which is why PayPal has committed to hiring former service members, Chief Financial Officer John Rainey told CNBC Tuesday. Since 2017, PayPal has added more than 180 veterans to its payroll in large part from the help of partnerships with organizations, such
Jordan Katzman, co-founder of SmileDirectClub Inc., left, and Alex Fenkell, co-founder of SmileDirectClub Inc., watch traders during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 12, 2019. Michael Nagle | Bloomberg | Getty Images Online dentistry company SmileDirectClub’s revenue climbed while its losses swelled in the
Sandy Hook Elementary School shooting, heart and cross memorial near Sandy Hook Firehouse on Riverside Road in Sandy Hook, CT. Enid Alvarez | NY Daily News | Getty Images WASHINGTON – The Supreme Court said Tuesday that it will not hear a closely watched case against gunmaker Remington, a move the company has warned could
The public listing of Saudi Arabia‘s state-owned oil company has been highly anticipated by the market, but analysts say investors should consider the influence the kingdom has over the company. “The biggest issue with Aramco is that everything about this company is controlled by the Saudi royal family — shareholder opinions, your board votes, none
It’s a big week for retail. Big names like Walmart, J.C. Penney and Burberry are gearing up to deliver their quarterly reports this week, hot off Chinese e-commerce giant Alibaba’s record-breaking Singles Day, which the company has rebranded to the 11:11 Global Shopping Festival. On Friday, Wall Street will also get a read on retail sales when
Former FDA Commissioner Scott Gottlieb on Monday called for Juul Labs’ products to be removed from the market after two studies revealed the scope of teen use of Juul e-cigarettes and flavored pods. “It’s very clear that Juul can’t keep their products out of the hands of kids,” said Gottlieb, a trained physician, health advocate
Bernard Tyson, Kaiser Permanente David A. Grogan | CNBC Kaiser Permanente chairman and CEO Bernard Tyson died unexpectedly in his sleep Sunday, the health care giant announced. One of the nation’s leading health care executives, Tyson was 60. He rose through the ranks during a 30-year career at Kaiser to become CEO in 2013. Over
Aramco employees are seen at Natural Gas Liquids (NGL) facility in Saudi Aramco’s Shaybah oilfield, Saudi Arabia. Ahmed Jadallah | Reuters As Saudi Aramco prepares for its long-awaited initial public offering this year, the world’s largest oil company has detailed the vast number of risks its business faces in its prospectus released over the weekend.
It’s been two years since comedian Louis CK admitted in the New York Times that the allegations of lewd behavior made about him by several women were true. He said in the statement that he planned to “step back and take a long time to listen,” but the Times reported on November 2 that the