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Categories Business

Why it seems like everyone you know is going on a cruise

Author May 29, 2024

­­­Lots of people will be getting their sea legs this summer. Ports have been packed with cruise ships over the last few years,

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Categories Business

Elon Musk’s AI startup now valued at $24 billion after fresh funding

Author May 28, 2024

Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet

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Categories Business

Advertisers boost spending at retailers such as Walmart and Amazon as TV shrinks

Author May 27, 2024

The next frontier for the ad market isn’t on TV — it’s at screens near points of sale. Television had long been the

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Categories Business

It wasn’t the endless shrimp that pinched Red Lobster. How private equity rolled the seafood chain.

Author May 27, 2024

Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was America’s largest

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Categories Business

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

Author May 27, 2024

DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in which workers voted

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Categories Business

Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years

Author May 27, 2024

Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed the stock

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Categories Business

The ‘absolute worst’ of times for car buying are over

Author May 26, 2024

Car shoppers should have an easier time finding good deals this Memorial Day weekend than last. Dealerships are sitting on a glut of

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Categories Business

Boeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak

Author May 26, 2024

Boeing and NASA are moving forward with the launch of the company’s Starliner capsule, set to carry U.S. astronauts for the first time,

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Categories Business

Why groceries are so expensive — and how consumers may start to see relief

Author May 26, 2024

High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices skyrocketed during the pandemic,

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Categories Business

Will schools finally pay student-athletes? What a historic settlement means for the NCAA and players

Author May 25, 2024

Could college athletes really start getting paid directly by their schools, ending decades of acrimony over the issue? The NCAA, along with the

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