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Ford sets up China business as a stand-alone unit

Daniel Acker | Bloomberg | Getty Images A Ford 2019 Transit Connect Wagon sits on display during the Chicago Auto Show in Chicago, Illinois, on Thursday, Feb. 8, 2018. U.S. automaker Ford said Wednesday that it is separating its China unit from the broader Asia Pacific operations into a stand-alone …

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iRobot shares plummet after-hours as the company expects major hit from tariffs

Scott Eells | Bloomberg | Getty Images A vacuuming Roomba model robot is displayed at iRobot headquarters in Bedford, Massachusetts,   iRobot shares fell more than 10 percent during after-hours trading Tuesday as the company said it estimates it will lose $5 million next quarter from tariffs. The company’s net income …

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Juul e-cigarette maker boosts lobbying spending by 452%

Scott Olson | Getty Images Signs in the window of the Smoke Depot advertise electronic cigarettes and pods by Juul, the nation’s largest maker of e-cigarette products, on September 13, 2018 in Chicago, Illinois.  Leading e-cigarette manufacturer Juul spent nearly $1.2 million on lobbying last quarter — up 452 percent …

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Tariffs will cost Harley-Davidson more than $40 million in 2018

Jabin Botsford | The Washington Post | Getty Images President Trump and Vice President Mike Pence meet with Harley Davidson executives and Union Representatives on the South Lawn of the White House in Washington, DC on Thursday, Feb. 02, 2017.  Harley-Davidson is expecting to pay at least $40 million extra …

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Investors dumping tech stocks pushes Nasdaq into correction territory

Michael Nagle | Bloomberg | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. Investors are dumping their favorite tech stocks and pushing the Nasdaq into correction territory Tuesday. The Nasdaq Composite tanked as much as …

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Prices for used Harley bikes are near historic lows, but not for long

Bloomberg | Bloomberg | Getty Images Customers view Harley-Davidson Inc. motorcycles at the company’s dealership in South San Francisco, California, U.S., on Tuesday, June 26, 2018.  Prices for used Harley-Davidson bikes are near historic lows, Chief Financial Officer John Olin said Tuesday. Used bike sales are actually hurting sales of …

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Amazon Go cashierless store reportedly opening in New York City

Stephen Brashear | Getty Images After more than a year in beta, Amazon opened their cashier-less grocery store to the public Amazon plans to open another cashierless convenience store near New York City’s World Trade Center, Recode reported. The opening will bring Amazon one step closer to its reported goal …

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Elon Musk says Twitter locked his account, thinking it was hacked

Jeff Vespa | WireImage | Getty Images Tesla Motors CEO Elon Musk arrives at ‘Revenge Of The Electric Car’ Premiere held at Landmark Nuart Theatre on October 21, 2011 in Los Angeles, California.  Tesla Chief Executive Elon Musk said Twitter had locked his account thinking it had been hacked. “Twitter …

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Teens abandoning Facebook, still flocking to Instagram

Teens are abandoning Facebook at a staggering rate, but they’re still flocking to sister app Instagram, according to a new survey by Piper Jaffray. Just over a third of teenagers report using the core Facebook platform at least once a month. That’s down significantly from 52 percent of teens two …

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Instagram ahead of Snapchat in popularity among teens: Piper Jaffray

Instagram solidified its lead, with nearly 70 percent of teens saying they prefer brands contacting them about new products through Instagram. Snapchat moved to second place for preferred brand engagement ahead of email, both just over 40 percent. This was the 36th bi-annual survey by Piper Jaffary, which polled about …

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