Author: Daniel snow

The first coordinated offensive against crime networks that steal, repackage, and sell goods worth billions eases pressure on many store owners. Source link

It’s that time of year again, when the need for cooling in the summer heat lifts demand for natural gas — but that’s not the only factor raising the risk for tighter supplies of the fuel. Source link

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on April 3, 2025, in Orlando, Florida. Gary Hershorn | Corbis News | Getty ImagesFor decades Disney’s domestic theme parks have been the growth engine for tourism, job creation and tax revenue in Southern California and Central Florida.On Thursday, the company revealed its wider impact on the U.S. — reporting a national economic impact of $67 billion each year.”Disney defines the themed entertainment business in America, and our presence is felt across the country,”…

If the labor market really does begin to suffer ill effects from the trade war, a rising unemployment rate would make it quite clear. Source link

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday ‘s key moments. 1. The stock market dipped on Thursday following Wednesday’s subdued session. Investors are bracing for trade updates following Chinese media reports of a phone call between President Donald Trump and President Xi Jinping. “What’s at stake is higher than anything we see,” Jim Cramer said. Though details of the call are unknown, China’s strong hold on rare earth materials is now a hot topic. “Are they discussing the idea that maybe Nvidia will swap…

President Donald Trump and billionaire Tesla CEO Elon Musk continued to clash Thursday, with Trump linking their fraying relationship to his administration’s efforts to reduce support for electric vehicles. Source link

A worker at Ford’s Kentucky Truck Plant on April 30, 2025.Michael Wayland | CNBCDETROIT — The automotive industry is experiencing unprecedented disruption and uncertainty when it comes to regulations, electric vehicles, software innovations and competition from China.Such disruptions have been years in the making, but many of the issues are coming to a head sooner rather than later, causing chaos for automakers and their plans for new vehicles.”The unprecedented EV head-fake has wreaked havoc on product plans,” Top Bank of America Securities analyst John Murphy said in the firm’s annual “Car Wars” report. “The next four+ years will be the…

The company, ispace, is just one of many private-sector firms aiming for the moon and other missions in space. Source link

Changes to the state-and-local tax deductions could threaten the delicate balance struck in the House Source link

DETROIT — Stellantis is resurrecting its popular V-8 Hemi engine for its Ram 1500 full-size pickup trucks beginning this summer.The return of the 5.7-liter engine comes after the company discontinued the powertrain amid tightening fuel economy regulations and a company-wide push toward electric vehicles and more efficient engines last year under ex-Stellantis CEO Carlos Tavares.Ram CEO Tim Kuniskis, who unretired from the automaker late last year, admitted the decision to cancel the Hemi engine for its popular consumer-focused Ram 1500 was a mistake.”Everyone makes mistakes, but how you handle them defines you. Ram screwed up when we dropped the Hemi…