Author: Emily Jensen
Stellantis CEO Faces Backlash from Dealers and UAW for Cuts and Sales Declines
Stellantis’ U.S. dealer network has expressed concerns about CEO Carlos Tavares for the company’s recent sales declines and operational decisions that they believe are impacting the automaker’s business. In an
DetailMidday Stock Market Update: Kroger, Petco, Moderna, and Roku Stocks Soaring
Shares of Kroger, the supermarket chain, surged over 4% in midday trading following the release of their mixed fiscal second-quarter results. Despite revenue falling short of expectations, Kroger reported adjusted
DetailJunior Bridgeman Invests in Milwaukee Bucks, Valued at $4 Billion
Former NBA player and businessman Ulysses Lee “Junior” Bridgeman is acquiring a 10% stake in the Milwaukee Bucks, in a deal that values the team at $4 billion. Bridgeman, who
DetailBerkshire Hathaway Stake Dump: Ajit Jain Sells Off Over Half of Holdings
Ajit Jain, Warren Buffett’s insurance chief and top executive, recently sold more than half of his stake in Berkshire Hathaway, according to a new regulatory filing. The 73-year-old vice chairman
DetailMcDonald’s $5 Value Meal Offer Extended Through December
McDonald’s is extending its $5 value meal into December in most U.S. markets to appeal to lower-income consumers. Around 80% of local markets have chosen to continue offering the value
DetailTop Stock Picks: ALLY, LUV, ORCL and More for Long-Term Investors
Ally Financial shares dropped by 17.6% after the CFO mentioned increased credit challenges in the third quarter, particularly in auto loans for retail customers. On the positive side, Mission Produce
DetailHow Disney’s Dispute with DirecTV Leaves Customers Unable to Watch ‘Monday Night Football’
Millions of DirecTV customers were unable to watch the NFL’s opening “Monday Night Football” game on ESPN due to an ongoing dispute with Disney, the network’s parent company. Disney’s TV
DetailBunq Neobank Ramping Up Hiring Efforts with Focus on Remote Digital Nomads
Dutch digital bank Bunq is planning to re-enter the U.K. market to target the 2.8 million British “digital nomads.” The challenger bank is looking to expand globally, including in the
DetailAnticipated Growth Post-2024 Election
As the presidential nominees Vice President Kamala Harris and former President Donald Trump gear up for their first debate Tuesday night, viewers will be eager to hear their plans for
DetailFederal Reserve announces new banking regulation following successful reform on Wall Street
A top Federal Reserve official announced changes to proposed U.S. banking regulations that would reduce the additional capital large institutions must hold by approximately 50%. The regulatory overhaul, known as
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