As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
Vice President Pence's sit-down with CNBC's Joe Kernen comes as President Donald Trump's White House navigates a forest of thorny political issues.Delivering Alpharead more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
The Democratic-held House plans to move forward with a bill to fund the government through Nov. 21 and avoid another government shutdown.Politicsread more
Jim Chanos, founder of Kynikos Associates, revealed Thursday a stock he has been shorting for years: kidney dialysis company DaVita.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
The Federal Reserve has calmed the overnight funding market and brought its fed funds rate back in line with its target.Market Insiderread more
Forecasters say Hurricane Jerry could pass just north of the Leeward Islands on Friday, then move between Puerto Rico and the Bahamas on Saturday and Sunday.Weather & Natural Disastersread more
The U.S. economy will have a tough time at the start of 2020, says the head of one of the largest bond managers in the world.Delivering Alpharead more
Consumer Reports will re-evaluate Tesla's Model 3 if the electric car maker improves the vehicle's braking distance, the publication's director of automotive testing told CNBC on Tuesday.
Tweets from Tesla CEO Elon Musk on Tuesday morning appear to show the automaker may take some steps to address the issue within days. It was was one of the major factors that kept the publication from recommending the car, Jake Fisher, director of automotive testing at Consumer Reports, said on "Power Lunch."
Consumer Reports said earlier this week that the Model 3 had the worst stopping distance of any contemporary vehicle it has tested, including the far larger full-size Ford F-150 pickup truck.
Tesla CEO Elon Musk responded Tuesday on Twitter, saying the issue might be fixable through an over-the-air update to the car's firmware.
"From my readings of the tweets, it is clear they are acknowledging the issue and they have the ability to update the vehicle and fix it," Fisher said.
"If we see braking distances along the lines of what they are talking about, this will be a recommended model," he said.
Tesla was not immediately available for comment.
The stopping distance doesn't necessarily make the car unsafe — it has about the same stopping distance as a heavy-duty truck, Fisher said. But it is unusual for the midsized car segment.
Consumer Reports had other issues with the car, such as the difficulty of using the computer screen in the center console where passengers access most of the controls in the cabin.
But the Model 3 is a "really great car," Fisher said.
Consumer Reports buys cars at full sticker price and subjects them to rigorous testing, driving them for thousands of miles in a variety of conditions and environments. The publication does not recommend the Tesla Model X SUV but it does place the Model S sedan at the top of its list of "ultra luxury cars."