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    Amazon plans to launch discount store in bid to fend off Temu and Shein

    by admin June 28, 2024
    June 28, 2024

    Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items…

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  • Business

    Amazon reaches $2 trillion market cap for the first time

    by admin June 28, 2024
    June 28, 2024

    Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past…

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  • Business

    Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation

    by admin June 27, 2024
    June 27, 2024

    Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks…

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  • Business

    Tesla’s Cybertruck recalled for a fourth time over two separate parts issues

    by admin June 27, 2024
    June 27, 2024

    DETROIT (AP) — Tesla is recalling its futuristic new Cybertruck pickup for the fourth time in the U.S.…

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  • Business

    Treasury Secretary Yellen announces $100M affordable housing fund as shelter costs weigh on Biden

    by admin June 27, 2024
    June 27, 2024

    Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100…

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  • Business

    21 million Miniverse toy sets recalled after reports of burns and respiratory irritation

    by admin June 27, 2024
    June 27, 2024

    More than 21 million Miniverse “Make It Mini” sets by California toymaker MGA Entertainment are being…

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  • Business

    How Delta made itself America’s luxury airline — and what United wants to do about it

    by admin June 27, 2024
    June 27, 2024

    Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure…

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  • Business

    Maker of Hershey’s, Jeni’s, and Friendly’s ice cream products issues recall over Listeria

    by admin June 27, 2024
    June 27, 2024

    A company responsible for producing ice cream products for several popular brands, including Hershey’s, Jeni’s and…

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  • Business

    Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic

    by admin June 27, 2024
    June 27, 2024

    Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in…

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  • Business

    Hooters to close ‘underperforming’ restaurants amid broader industry woes

    by admin June 27, 2024
    June 27, 2024

    Hooters said Monday that it’s closing ‘a select’ number of underperforming restaurants, the latest casual dining…

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