New Ford F-150 along side tech patrons are ‘greater than prepared to pay for,’ exec says

Ford Motor isn’t worried about new features on its new F-150 pricing people out of the increasingly expensive full-size pickup market, according Ford Chief Operating Officer Jim Farley.”This is content people want and are more than willing to pay for,” he said Friday during CNBC’s “Squawk Box.” “People are happy to pay if the product is…

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Stock futures dip after bank stress test outcomes, Nike reports surprise loss

U.S. stock futures slipped on Thursday night following the release of the Federal Reserve’s latest bank stress-test results and disappointing quarterly numbers out of Nike.Dow Jones Industrial Average futures dipped 89 points, or 0.4%. S&P 500 fell marginally and Nasdaq-100 futures were flat. The Fed’s annual stress test of the major banks shows some banks could…

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JC Penney begins everlasting store closures, including Harmony procedure

By Katie Dowd, SFGATE Published 6:48 am PDT, Wednesday, June 24, 2020 JC Penney will soon begin liquidation sales for more locations shuttering permanently. JC Penney will soon begin liquidation sales for more locations shuttering permanently. Photo: H John Voorhees III, Hearst Connecticut Media Photo: H John Voorhees III, Hearst Connecticut Media JC Penney will soon…

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Mercedes-Benz partners with Nvidia on upgradable autos initiating in 2024

Tobias Schwarz | AFP | Getty ImagesMercedes-Benz and Nvidia are partnering to develop the next-generation of the automaker’s in-vehicle computing systems that will assist with remote, or over-the-air, updates and automated driving capabilities.The companies announced the cooperation Tuesday with promises of developing “the most sophisticated and advanced computing architecture ever deployed in an automobile.”The electrical…

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Goodbye, salad bar: Grocers rep creative, take sign of robots to revive ready food amid pandemic

Texas grocer Central Market turned salad bars and hot bars into packaged food displays during the pandemic.Source: Central MarketGrocery stores have shut down self-serve salad bars during the pandemic. They’ve taken away displays of fresh olives and dips. And they’ve replaced giant kettles of ready-to-ladle hot soup with sealed to-go containers.The deli and prepared food…

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Amazon indicators entry into alcohol beginning in India with nod in key mumble, portray exhibits

In this photo taken on September 18, 2018 employees of Amazon scan and forward packed products at Amazon’s newly launched fulfilment centre situated on the outskirts of Bangalore.Manjunath Kiran | AFP | Getty ImagesAmazon.com has secured clearance to deliver alcohol in India’s eastern state of West Bengal, according to a document seen by Reuters, signalling the U.S.…

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Royal Pharma got right here public in a ‘golden age of scientific be taught,’ Jim Cramer says

Royalty Pharma is the latest promising company to come public in an IPO market that’s “making an incredible comeback,” CNBC’s Jim Cramer said Wednesday.”As the new IPO cycle gets going, the brokers like to put their best foot forward, and that’s Royalty Pharma,” the “Mad Money” host said. “I’d like this one a lot more…

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