06-05-2024
The all-electric 2025 Porsche Taycan midsize luxury car puts pace, poise, and prestige into one highly desirable package.
06-05-2024
Hospital chain Steward Health Care, a tenant of publicly traded Medical Properties Trust, said it’s filing for bankruptcy protection.
06-05-2024
The latest results from Berkshire Hathaway shows that the conglomerate had nearly $200 billion — $189 billion, to be precise —in cash at the end of the first quarter.
06-05-2024
A week after Starbucks Corp. reported disappointing quarterly earnings and a gloomy annual forecast, its former chief executive said the coffee chain needs to own up to its mistakes and work harder to deliver a better experience for its customers.
05-05-2024
Qantas said it has agreed to pay a civil penalty of 100 million Australian dollars (US$66.1 million) to resolve court proceedings with a regulator which alleged the airline had advertised tickets for more than 8,000 flights it had already canceled.
05-05-2024
In a filing last week with U.S. Bankruptcy Court in the District of Delaware, Rue21 said it will close all of its stores over the next two months and hold “going out of business” sales. It will also sell its intellectual property.
05-05-2024
Paramount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times reported Sunday, after a 30-day exclusive negotiating window with Skydance expired Friday.
05-05-2024
As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble for the U.S. stocks.
05-05-2024
One month through this year’s second quarter earnings season, analysts are getting cautiously more optimistic about corporate America’s profitability.
04-05-2024
For the last several months, personal-finance guru Dave Ramsey has been telling aspiring homeowners that it’s a great time to buy a house — even though monthly housing costs are at a record high.
04-05-2024
New York Federal Reserve President John Williams on Friday said that the U.S. central bank needed independence from the White House in order to get inflation back to its 2% target.
04-05-2024
“While he splits his time between a part-time job and his consulting business, I’ve been unable to work for several years because of health problems.”