Jennifer Hyman, Rent the Track Scott Mill | CNBC As some buyers think twice before buying, Rent the track takes a bump. The fashion rental and subscription company on Wednesday reported higher quarterly revenue that beat expectations and raised its financial outlook for the year as customers opted to borrow designer clothes instead of buying …
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 …
Kroger, Albertsons CEOs Defend Grocery Combination, Say Deal Won’t Harm Competition Read More »
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 …
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 …
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 …
Hyundai’s Best Years in the U.S. Should Be Tested by Inflation Reduction Act Read More »
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 …
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 …
Railroad major union SMART-TD votes to reject labor deal as nationwide strike nears Read More »
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. …
