Ford issues recall for Explorers, announces name of electric F-150

Ford Motor Company (NYSE:F) has recalled over 660,000 Explorer SUVs. The National Highway Traffic Safety Administration asked the automaker to recall some Explorer and Police Interceptor SUVs due to issues with the roof rail covers, which could detach …

Cryptocurrency investors repeatedly warned to invest with caution

Regulators from two countries and Tesla CEO Elon Musk are warning cryptocurrency investors to be careful. Securities and Exchange Chairman Gary Gensler said bitcoin investors are not protected, while a Federal Reserve survey of the market found that in…

Ford, BMW reveal investment in battery startup Solid Power

Ford Motor Company (NYSE:F) and BMW (OTCMKTS:BMWYY) (XETRA:BMW) are leading a $130 million investment round in a solid-state battery startup. Automakers have been looking for ways to reduce the cost of EVs by investing in more affordable batteries. For…

Greg Abel to succeed Warren Buffett as Berkshire Hathaway CEO

Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) held its annual meeting in Omaha over the weekend. Vice Chairman Charlie Munger made a surprise revelation that Greg Abel would be the next CEO of the firm after Warren Buffett. Q…

Apple Faces Antitrust Charges In The EU Over Its App Store

Apple Inc (NASDAQ:AAPL) faces antitrust charges in the European Union after a complaint filed by Spotify Technology SA (NYSE:SPOT) two years ago. The iPhone maker will have to pay a sizable fine and could be forced to change its policies. Q1 2021 hedge…

Amazon Stock Jumps After The Company Smashes Earnings Estimates

Amazon Inc (NASDAQ:AMZN) stock jumped 2% after the company released its first-quarter earnings report last night after the closing bell. The online retailer posted $15.79 per share in earnings, smashing the consensus of $9.54 per share. Revenue came in…

Facebook stock jumps after the company smashes earnings estimates

Facebook Inc (NASDAQ:FB) stock jumped 7% out of the gate this morning following an exceptionally strong first-quarter earnings report. The social networking giant reported $3.30 per share in earnings on $26.17 billion in revenue, while analysts had bee…