• After being pulled over for speeding, a Florida official was seen on video giving up his title

    After being pulled over for speeding, a Florida official was seen on video giving up his title

    A Florida county commissioner with a fast car was pulled over for speeding twice in a row. At one of the stops, he said, 'I run the county,' which was caught on video.
  • Ferrari stock soars as CEO says company has no plans to go electric

    Ferrari stock soars as CEO says company has no plans to go electric

    Ferrari’s shares are firing on all cylinders — and its cars will be guzzling gas for the foreseeable future. The Italian luxury automaker’s shares surged more than 7 percent Tuesday
  • Ferrari’s orders accelerate despite profit drop

    Ferrari’s orders accelerate despite profit drop

    Ferrari trimmed its full-year earnings forecast on Monday after second-quarter income fell 60 percent due to the impact of the coronavirus pandemic, but said orders were “very strong,” sending the luxury carmaker’s shares up nearly 4 percent. Chief Executive Louis Camilleri told analysts that last quarter’s order book was up double digits (percentage) in absolute …
  • Ferrari cuts 2020 forecast — but drives off with $1 billion profit

    Ferrari cuts 2020 forecast — but drives off with $1 billion profit

    Luxury sports-car maker Ferrari still expects to make more than $1 billion in core profit this year, providing a relative beacon of stability in an auto industry ravaged by the coronavirus crisis. The company, known for its red Formula One racing cars and its prancing horse logo, cut its 2020 core earnings forecast on Monday, …
  • Ferrari and Fiat want to help Italy make ventilators

    Ferrari and Fiat want to help Italy make ventilators

    Ferrari and Fiat Chrysler are in talks with Italy’s biggest ventilator manufacturer to help to boost production of the life-saving machines that are urgently needed in the coronavirus crisis, company officials said on Thursday. Italy is at the epicenter of the pandemic and its government has embarked on a big expansion of the number of …