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DETROIT – A defective battery that caused a Ford F-150 Lightning in the company’s possession to catch fire earlier this month isn’t the only problem the Detroit automaker has recently experienced with its new all-electric pickup truck. On Jan. 27, a week before the fire, the company issued a “customer …

In this photo illustration, the American daily fantasy sports contest and sports betting company DraftKings logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images Shares DraftKings surged Friday morning after the sports-betting company reported stronger-than-expected revenue and raised its outlook for 2023. The bump in …

For many people, being ambitious relates to the accomplishments they hope to achieve either professionally or financially. But according to Kelly Evans, anchor of CNBC’s “The Exchange” and “Power Lunch,” you can “be ambitious at home as well.” Ambition drives Evans, 37, every day as she reports on what’s happening …

Transmission towers are shown on June 15, 2021 in Houston, Texas. The Electric Reliability Council of Texas (ERCOT), which controls approximately 90% of the power in Texas, has requested Texas residents to conserve power through Friday as temperatures surge in the state. Brandon Bell | Getty Images This story is …

Twenty-three states and Washington, D.C., raised their minimum wage in January. Four more states are poised to do so later this year. Depending on location, new wages range from $9.95 per hour in Montana to $16.10 per hour in D.C. While the federal minimum wage has remained stagnant at $7.25 …

Matija Pecotić has to dip into his vacation days to support his side hustle. But the real estate director’s extra gig isn’t selling T-shirts or doing online consulting. Instead, he plays tennis before work every day to maintain his skill and love for the sport. On Tuesday, those early morning …

Dropbox CEO Drew Houston speaks onstage during the Dropbox Work In Progress Conference at Pier 48 on September 25, 2019 in San Francisco Matt Winkelmeyer | Dropbox | Getty Images Dropbox made splashy headlines in 2017, when the software company signed the biggest office lease ever in San Francisco, securing …

Billionaire investor Charlie Munger isn’t a fan of cryptocurrency. The Berkshire Hathaway vice chairman called the form of virtual currency “worthless” during Wednesday’s annual shareholder meeting of the Daily Journal Corporation, a publishing company where he’s a director. “Sometimes I call it crypto ‘crappo,’ sometimes I call it ‘crypto s—.’ …

Dobrila Vignjevic | E+ | Getty Images Health care in retirement can come with a hefty price tag. A new study looks at how much money a 65-year-old — who’s at the age of Medicare eligibility — would need to have set aside to secure a 50%, 75% or 90% …

“Relief.” “At peace.” “Not too devastated.” That’s how some recently laid-off workers view losing their jobs, despite the era of loud layoffs and ever-constant recession fears. The calm outlook runs counter to the shock of bad news coming from tech and related industries in recent months. Mass layoffs have overtaken …