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Categories Business

How Volvo landed a cheap Chinese EV on U.S. shores in a trade war

Author April 26, 2024

A made-in-China electric vehicle will hit U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, the world’s

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Categories Business

Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025

Author April 26, 2024

Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will

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Categories Business

Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Author April 26, 2024

Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned.  The company has considered filing

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Categories Business

Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock ‘manipulation’

Author April 25, 2024

Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible

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Categories Business

Why the Fed keeping rates higher for longer may not be such a bad thing

Author April 25, 2024

With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a

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Categories Business

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

Author April 25, 2024

Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S.

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Categories Business

Why the Fed’s keeping rates higher for longer may not be such a bad thing

Author April 25, 2024

With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a

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Categories Business

Biden administration bans noncompete agreements, setting up legal showdown with business groups

Author April 24, 2024

The Biden administration has issued a nationwide ban on the ability of employers to make their workers sign noncompete agreements, a move

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Categories Business

Tesla’s affordability push eases growing doubts about its performance and Musk’s focus

Author April 24, 2024

Tesla’s stock jumped about 8% in after-hours trading Tuesday after the electric vehicle giant reported its steepest annual revenue drop in over

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Categories Business

Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus

Author April 23, 2024

Former President Donald Trump is poised to receive an additional 36 million shares of Trump Media Tuesday — an “earnout” bonus worth more than $1.25 billion,

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