Latest News: Companies

Kroger, Albertsons CEOs Defend Grocery Combination, Say Deal Won't Harm Competition

Kroger, Albertsons CEOs Defend Grocery Combination, Say Deal Won’t Harm Competition

Albertsons and Kroger supermarkets Brigitte Bennet | Bloomberg | Getty Images; Brandon Bell | Getty Images The battle over whether grocery giants Hooks and Albertson should be allowed to combine heaters. On Tuesday, the two companies’ executives defended their merger proposal at a congressional hearing in Washington, where they faced a series of questions about …

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Tesla still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

Tesla still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

You’re here is still the best-selling electric vehicle brand in the United States, but its dominance is eroding as competitors offer a growing number of more affordable models, according to a report released Tuesday by S&P Global Mobility. The data company found that Tesla’s market share of new U.S.-registered electric vehicles was 65% in the …

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Tesla still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

Tesla is still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

A Tesla Model 3 vehicle is displayed at the Tesla Automotive Store on September 22, 2022 in Santa Monica, California. Tesla is recalling more than one million vehicles in the United States because the windows can pinch a person’s fingers when rolled up. Dinner Allison | Getty Images You’re here is still the best-selling electric …

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Hyundai's Best Years in the U.S. Should Be Tested by Inflation Reduction Act

Hyundai’s Best Years in the U.S. Should Be Tested by Inflation Reduction Act

Drew Anger | Getty Images News | Getty Images SAVANNAH, Ga. — Hyundai Motor Group is having its best years in the United States The South Korean automaker has successfully moved from cheap vehicles and dancing hamsters to competing with formidable automakers in the highly profitable US market. investment related news Goldman Sachs Says EV …

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Iger announces the first major changes in his new term as CEO of Disney: Restructuring and departure of Chapek's right-hand man, Kareem Daniel

Iger announces the first major changes in his new term as CEO of Disney: Restructuring and departure of Chapek’s right-hand man, Kareem Daniel

Bob Iger attends the World Premiere of Walt Disney Studios Motion Pictures ‘Avengers: Endgame’ at the Los Angeles Convention Center on April 22, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Images Bob Iger, less than 24 hours after his return to the head of disneytold employees on Monday that the company would undergo a …

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Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears

Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears

An aerial view of shipping containers and freight trains at the BNSF Los Angeles Intermodal Facility yard in Los Angeles, California, September 15, 2022. Bing Guan | Reuters SMART-TD, one of the largest railroad unions, rejected the tentative agreement with railroad management, raising the likelihood of a strike in December. BLET, the other largest union …

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Inflation is forcing restaurants and mom and pop chains like McDonald's to build on their strengths

Inflation is forcing restaurants and mom and pop chains like McDonald’s to build on their strengths

Customers at a McDonald’s restaurant Scott Mill | CNBC As the restaurant industry battles inflation, the chains’ large size and access to cash give them the upper hand, but independents have their own advantages when dealing with higher costs. Feeling the pressure on their budgets, consumers have reduced their frequentation of restaurants in recent months. …

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