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The ‘absolute worst’ of times for car buying are over
Car shoppers should have an easier time finding good deals this Memorial Day weekend than last. Dealerships are sitting on...
Read moreIt wasn’t the endless shrimp that pinched Red Lobster. How private equity rolled the seafood chain.
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster...
Read moreAdvertisers boost spending at retailers such as Walmart and Amazon as TV shrinks
The next frontier for the ad market isn’t on TV — it’s at screens near points of sale. Television had...
Read moreAuto insurance rates are jumping the most since the 1970s, but there could be relief soon
Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief...
Read moreWhat the Ticketmaster-Live Nation lawsuit could mean for fans of live music
Many live music fans likely met the news that the U.S. Justice Department is seeking to break up Ticketmaster and...
Read moreTesla CEO Elon Musk says he favors ‘no tariffs’ on Chinese EVs
Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on Chinese-made electric vehicles. “Neither Tesla nor I asked...
Read moreBoeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
Boeing will burn through cash this year and deliveries of new planes won’t improve in the second quarter from the first,...
Read moreOil prices hit three-month lows, head for weekly loss as summer driving season kicks off
Crude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving...
Read moreIt wasn’t the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster...
Read moreWill schools finally pay student-athletes? What a historic settlement means for the NCAA and players
Could college athletes really start getting paid directly by their schools, ending decades of acrimony over the issue? The NCAA,...
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Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand
Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion...
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Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website
Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding...
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U.S. charges former Wamco executive Kenneth Leech with fraud
Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with...
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Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan
Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down...
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