New York CNN Business — Fall is the season for new gadgets. Apple recently announced its latest iPhones, Amazon showed off new smart speakers and even an Alexa-activated microwave, and Google is hosting its own product launch event next week. But Tuesday is all about Microsoft, which unveiled a slew of devices ahead of the …
New York CNN Business — A tumultuous quarter at Tesla ended with some very good sales numbers. The company delivered 83,500 vehicles during the third quarter, a strong performance that should calm investor fears about logistical problems and a looming cash crunch. That included almost 56,000 of the lower-priced Model 3. Production was a bit …
London CNN — Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation. Stadler has left the board of management of Audi parent company Volkswagen (VLKAF) and stepped down as chairman of the premium brand’s management board, the autos group said in a …
Editor’s Note: This story originally published October 3, 2018 New York CNN Business — Employers and workers together are spending close to $20,000 for family health insurance coverage in 2018, according to a new Kaiser Family Foundation report. Although premiums have increased fairly modestly in recent years, the growth has far outpaced workers’ raises over …
In a normal year, the Kern River Conservancy hires staff to help out during the nonprofit’s busy summer season. But this year has been anything but normal for the organization based in the Kern River Valley. “Not this year,” said Gary Ananian, the conservancy’s executive director. “We have no funding.” Nonprofit giving is down nationwide, according to …
A legal dispute over groundwater rights in the Cuyama Valley has led small ag producers in the area to call for a boycott of products sold by Bakersfield-based carrot giants Bolthouse Farms and Grimmway Farms. Organizers say they have collected more than 2,600 signatures since launching a carrot boycott June 30 in response to the …
A routine vote by the Kern High School District Board of Trustees to approve three vital contracts — which provide essential services such as help staying abreast of changing state laws and granting the public access to documents — came under scrutiny last week as a board member objected to their approval. Area 1 Trustee …
New York CNN Business — Bumble is the latest online dating app to compete for the hearts of women in India. Bumble, which requires women to make the first move, announced Wednesday plans to launch in India later this year. Indian celebrity Priyanka Chopra, a new investor in the company, will advise on the expansion. …
Editor’s Note: This story originally published on October 3, 2018. New York CNN Business — Barnes & Noble stock jumped more than 20% after the board said it would consider a sale of the troubled company. The board said Wednesday it had appointed a special committee to review offers. One came from longtime Barnes & …
CNN — It’s time for investors to start making safer bets. That’s what Howard Marks, co-chairman of Oaktree Capital, told CNNMoney editor-at-large Richard Quest on “Markets Now” on Wednesday. “Defense is more important than offense” right now, said Marks, the author of “Mastering the Market Cycle: Getting the Odds on Your Side.” Investors should consider …