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    1044 posts
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    Lucid CEO steps down; EV maker plans to more than double production in 2025

    • February 27, 2025
    Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units. Lucid said Marc…
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    Nvidia to report earnings amid infrastructure spending, DeepSeek concerns

    • February 27, 2025
    Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company…
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    Bucking trend, McDonald’s vows no egg surcharges as it preps $1 Egg McMuffin Day

    • February 26, 2025
    McDonald’s is leaning into its reputation as a breakfast value offering, vowing to reject a surcharge on meals with eggs while announcing a special one-day discount on Egg McMuffins. The…
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    Home Depot earnings beat Wall Street estimates as retailer breaks comparable sales losing streak

    • February 26, 2025
    Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects. For the full year ahead, the company…
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    How digitally native companies like Rothy’s are growing profitably in a new era for retail

    • February 25, 2025
    Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO.  Ming took…
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    Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations

    • February 25, 2025
    Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores open. In a statement, the company said it…
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    Denny’s says some locations will start charging extra for eggs amid nationwide shortage

    • February 25, 2025
    Denny’s is the latest nationwide restaurant chain to announce surcharges for meals that include eggs in response to a nationwide shortage that has sent U.S. prices skyward. In a statement,…
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    JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency

    • February 25, 2025
    JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer…
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    Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation

    • February 24, 2025
    The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter from the SEC’s enforcement division on Friday, detailing…
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    Starbucks to lay off 1,100 corporate workers as sales sag

    • February 24, 2025
    Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday. The cuts will not affect workers at…
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      Popular Topics
      • ‘It’s wrong’: Hawley warns Senate GOP not to boot Americans from Medicaid in Trump megabill
      • Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill
      • FLASHBACK: Trump launched his first presidential campaign ten years ago
      • Mike Johnson calls off Israel trip amid Iran conflict
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