Apple reduces production and marketing of Vision Pro headset due to low sales, according to a report.
Apple Cuts Vision Pro Production Amid Poor Sales Apple has reportedly reduced both the production and marketing of its much-hyped Vision Pro virtual reality headset, attributing the decision to disappointing sales. Market research firm IDC estimates that Apple may only sell around 45,000 Vision Pro headsets in the final quarter of 2025, each retailing for […]
Bourbon sector faces challenges as Jim Beam stops production at Clermont distillery
Challenges for Jim Beam and the Bourbon Industry Amid a changing landscape in alcohol consumption, Jim Beam has opted to pause operations at its primary distillery in Clermont, Kentucky, for at least a year. This decision reflects broader issues within the spirits industry, especially as people seem to be drinking less. Claudia Coffey, a notable […]
Ford reduces F-150 Lightning production and prioritizes hybrid vehicles
Ford’s Shift in Strategy for Electric Vehicles Ford CEO Jim Farley recently shared updates regarding the company’s plans on “Kudlow.” The automaker revealed it would be reducing production of the electric F-150 Lightning and redirecting investments toward hybrid vehicles and more affordable electric options. This decision, announced on Monday, comes with significant financial implications, as […]
Ford is stopping the production of the F-150 electric pickup and anticipates a significant $19.5 billion loss.
Ford Motor Co. revealed on Monday that it has written down $19.5 billion and is planning to halt production on several electric vehicle models. This marks a significant retreat by the auto industry from electric models, largely influenced by policies from the Trump administration and a dip in EV demand. Based in Dearborn, Michigan, Ford […]
Hugh Hewitt: Trump should create an energy drink brand, and Congress should maximize American energy production.
Energy Production and Permitting Challenges First off, if President Trump could bottle whatever energy source he’s tapping into, that would be something. The guy just keeps going, kind of reminiscent of the days of Teddy Roosevelt, wouldn’t you say? Now, you might wonder why I started with that little quip. Well, it’s actually a roundabout […]
Farewell to the penny as the U.S. halts production of the historic one-cent coin after over two hundred years in circulation
End of the Penny Era After over 230 years, the United States has officially ceased minting the penny, a coin that has been in circulation since 1787. The final penny was produced in Philadelphia, signaling the close of a significant chapter. Even though pennies are no longer being minted, billions of them are still out […]
Cocoa Prices Rise After ICCO Reduces Global Cocoa Production and Surplus Predictions
Cocoa Prices Experience Notable Rebound On Friday, cocoa futures saw a significant rise, with March ICE NY Cocoa closing up by 411 points, or 8.07%. Similarly, December ICE London Cocoa rose by 164 points, marking a 4.34% increase. The price jump can be attributed to the International Cocoa Organization’s recent forecast adjustments, lowering the anticipated […]
Melania Trump launches a new production company before her upcoming film
Melania Trump Launches New Production Company First Lady Melania Trump has announced her latest project alongside the release of her new film—her very own production company. On Friday, she took to social media to share the news. “Presentation: MUSE FILMS is my new production company,” she stated. “The movie ‘Melania’ will be released exclusively worldwide […]
Lubbock banker and coin enthusiast share their thoughts on stopping penny production
Penny Production Ends in the U.S. LUBBOCK, Texas – After 232 years, the U.S. Treasury has decided to halt penny production, minting the final one recently. Over the last decade, the cost to produce a penny has gone up significantly, rising from 1.42 cents to 3.69 cents. Reducing the number of coins minted is expected […]
Ozarks penny collectors share tips as U.S. Mint ceases production
Change in Penny Production Sparks Collector Interest SPRINGFIELD, Mo. – With the U.S. Mint halting penny production, coin enthusiasts are sharing insights on which coins might be worth keeping versus those that are alright to spend. Dave Sorick, passionate about coins since his teenage years and currently the president of the National Numismatic Association, views […]