Ford (F) earnings Q4 2022

Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Ford’s Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is set to report its fourth-quarter earnings after the bell Thursday. Here’s what Wall Street is expecting, according to … Read more

Ferrari Couldn’t Be Stopped Last Year

Image: Ferrari Ferrari can do no wrong, Tesla’s suppliers are peeved at its price shenanigans and electric semis have a big problem. All that and more in this Thursday edition of The Morning Shift for February 2, 2023. 1st Gear: Never Bet Against the Horse It must be a ball running Ferrari, the one manufacturer … Read more

Ford January 2023 sales boosted by F-Series and Bronco

Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT — Ford Motor‘s new US vehicle sales started 2023 on a stronger footing than a year earlier but were down 18.4% from December, the company reported Thursday. January is … Read more

Ferrari’s 2022 earnings jump 13%, supercar maker guides to strong 2023

Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Thursday reported full-year profits up 13% year over year and guided to an even stronger year in 2023 on what its CEO called “persistently high demand” … Read more

Airbus Revives Order From Qatar Airways Following Paint-Dispute Settlement – WSJ – The Wall Street Journal

Airbus Revives Order From Qatar Airways Following Paint-Dispute Settlement – WSJThe Wall Street Journal Qatar Airways & Airbus Reach A350 SettlementOne Mile at a Time Breaking: Airbus & Qatar Airways Settle Airbus A350 Legal DramaSimple Flying Airbus and Qatar Airways settle A350 row, resume businessReuters Qatar A350 and A321neo orders to be reinstated as part … Read more

Peloton, Snap, AMD, FedEx, and More Stock Market Movers

Text size Peloton stock was soaring Wednesday. Ezra Shaw/Getty Images Stocks were falling Wednesday as investors positioned themselves ahead of the Federal Reserve’s decision on interest rates. These stocks were making moves Wednesday: Peloton Interactive jumped 18% after the at-home fitness company posted fiscal second-quarter revenue ahead of analysts’ expectations. Subscription revenue came in above … Read more

FedEx lays off 10% of officers and directors amid cooling demand

Raj Subramaniam, FedEx Corporation, speaks at the US Chamber of Commerce Aviation Summit in Washington, DC on March 5, 2020. Kristoffer Tripplaar | Sipa via AP Images FedEx is cutting more than 10% of its officers and directors, CEO Raj Subramaniam announced on Wednesday, as the company slashes corporate jobs to cut costs amid cooling … Read more

EU’s Ban On Russian Diesel To Stoke Turmoil In Global Fuel Markets

FONTANA, CALIFORNIA – A trucker pumps diesel fuel into her 18-wheel semi-truck, twin fuel tanks at … [+] Truck Town in Fontana, California. (Photo by Bob Riha, Jr./Getty Images) Getty Images Gasoline prices are rising again – up more than 30 cents a gallon in the past month and around 15 cents in the last … Read more

Hong Kong, Japanese stocks rise Wednesday

Asia-Pacific stocks mostly rose Wednesday, Feb. 1. The Hang Seng Index HK:HSI of Hong Kong companies added 1.1% to 22,072.18, while Japan’s Nikkei 225 Index JP:NIK increased 0.1% to 27,346.88. The Shanghai Composite Index CN:SHCOMP of Chinese companies gained 0.9% to 3,284.92, and The FTSE Straits Times Index SG:STI of Singapore stocks rose 0.4% to … Read more

Omaha police officers kill active shooter at west Omaha Target

Shots fired at west Omaha Target midday Tuesday Omaha police officers fatally shot a gunman at a west Omaha Target store midday Tuesday. Multiple 911 calls alerted police at 11:59 am about an active shooting at the superstore, located at 17810 West Center Road. The gunman, armed with an AR-15 rifle, fired … Read more