Ford reported a 1% increase in sales during the second quarter compared to the same period last year. The standout performer was the truck category, with a remarkable 5% gain in sales. According to the automaker, truck sales reached a total of 308,920 vehicles during the quarter, marking Ford’s best second-quarter performance in this segment
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Manhattan’s real estate market is experiencing a significant shift towards becoming a buyer’s market in the second quarter of 2024. Reports indicate a decline in apartment prices and a rise in inventory, signaling a change in the landscape of the real estate sector in the area. The average sales price for real estate in Manhattan
The news of the sale of the 2024 National Basketball Association champions, the Boston Celtics, has sent shockwaves through the sports world. The ownership group of the team, Boston Basketball Partners LLC, has officially announced their intention to sell all of their shares in the team for estate and family planning purposes. This move is
In a time where the box office is facing a content drought and audiences are becoming increasingly selective, Fathom Events has defied the odds by achieving record revenue gains. This joint venture between AMC, Regal, and Cinemark has been a pioneer in bringing alternative content to the big screen for the past 20 years. From
The U.S. Track & Field Olympic Trials this year are witnessing a unique phenomenon – a group of 35 unsponsored athletes standing out in all-black, logo-less gear. These athletes are part of Bandit Running’s Unsponsored Project, which aims to revolutionize the traditional sponsorship model for professional athletes and support emerging talents in the field. Unlike
Boeing’s Starliner capsule, named “Calypso,” is currently residing at the International Space Station (ISS) longer than initially planned. The extended stay comes after Boeing and NASA decided to conduct further testing on the spacecraft back on the ground. This decision has caused the postponement of setting a new target date for when the capsule will
Chinese automakers are on track to achieve 33% of global market share in the automotive industry by the year 2030, according to a recent report by AlixPartners. This growth is expected to come primarily from markets outside of China, with sales projected to increase from 3 million to 9 million vehicles by the end of
Southwest Airlines saw a sharp decline in its shares this week, dropping by approximately 4% in premarket trading after cutting its revenue forecast for the second quarter. The airline cited changing booking patterns as the main reason for the downgrade. Revenue per available seat mile, a key metric for airlines, is expected to decrease by
As we reach the halfway point of the year, the U.S. auto industry is facing a mixture of positive and negative indicators. While the first half of the year has shown a 2.9% increase in auto sales compared to the previous year, there are growing concerns about sustaining this momentum in the coming months. Factors
Target’s decision to partner with Shopify to add new and trendier brands to its website marks a strategic move by the Minneapolis-based discounter. By opening up its third-party marketplace, Target Plus, to companies working with Shopify, Target aims to leverage the e-commerce platform’s base of smaller or up-and-coming brands. The collaboration between Target and Shopify