Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company, investors
The shifts in the automaker's electric vehicle strategy will cost the Detroit automaker up to $1.9 billion in expenses and write-downs.
Classic car sales stall in Monterey auctions as new generation takes charge
The average sale price was $476,965, down slightly from last year's average of $477,866.
Walmart adds a Burger King benefit to its membership program
Walmart announced a new partnership with Burger King that will offer Walmart+ members 25% off any Burger King order made through the BK app.
Cava earnings beat estimates as restaurant traffic climbs nearly 10%
The Mediterranean restaurant chain Cava said its fiscal second-quarter traffic climbed 9.5%, bucking industry trends.
NWSL eliminates draft, grants unrestricted free agency to players
The new collective bargaining agreement, announced Thursday, also raises the minimum salary from $48,500 in 2025 to $82,500 by 2030.
FDA approves updated Pfizer, Moderna Covid vaccines as virus surges; shots to be available within days
The Covid jabs target a strain called KP.2, a descendant of the highly contagious omicron subvariant JN.1 that began circulating widely in the U.S. this...
July home sales break a four-month losing streak as supply rises nearly 20% over last year
At the end of the month there were 1.33 million homes on the market, an increase of 0.8% from June and 19.8% higher than July 2023.
Peloton to start charging subscribers with used equipment $95 activation fee
The secondary market represents a unique opportunity for Peloton to generate new, high-margin subscription revenue without any upfront cost.
Peloton shares rise more than 15% as turnaround plan takes hold, losses shrink
Peloton has been working to generate free cash flow and return to profitability, and has made cuts to sales and marketing budgets to improve its...