Flagging global sales and Elon Musk’s increasingly outspoken political activities are combining to rock the value of Tesla. Shares in the once-trillion-dollar company…
Business
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Almost nothing is guaranteed in life. Certainly not weather, electricity, health, tariffs or eggs. But for more than 50 years, American consumers could count on Southwest Airlines letting them…
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After surging for much of the year, egg prices have declined sharply over the past week as consumers pulled back on purchases, allowing…
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Dollar General CEO warns consumers are cash-strapped and says 2025 won’t be better
by adminDollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this…
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Donatella Versace announced Thursday that she is stepping down as chief creative officer of Versace, ending her nearly 30-year-long stint at the Italian luxury…
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Business
Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
by adminSpirit Airlines is out of bankruptcy, hitting its target to emerge in the first quarter, after a crippling few years. CEO Ted Christie says the…
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More than eight out of every 10 respondents to a Morgan Stanley survey believe Tesla CEO Elon Musk’s controversial political activities are hurting his business. In…
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Business
FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls
by adminThe Federal Trade Commission asked a judge in Seattle to delay the start of its trial accusing Amazon of duping consumers into signing up for…
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Three separate outages appeared to hit Elon Musk’s X social media site Monday as he claimed it was suffering a ‘massive cyberattack.’ Downdetector.com…
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Business
Dick’s Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
by adminDick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to…