Carvana stock skyrockets 37% after the used car company reported record profits
Carvana stock hit its highest level in years on Thursday after the used car retailer reported record results and made a profit last quarter . Read more...
Carvana stock hit its highest level in years on Thursday after the used car retailer reported record results and made a profit last quarter . Read more...
Taking aim at one of the best business models of all times
Hours without interruption and work to do. What could go wrong?
Its $39bn takeover offer is the latest in a string of mining mega-mergers
More than 16,000 pounds of ground beef sold at Walmart stores across the US have been recalled over a possible E. coli contamination, the US Department of Agriculture said. The beef comes from Cargill Meat Solutions in Hazleton, Pa., per a “high class” warning issued on the
The U.S. housing market doesn’t look like it’s getting any more palatable for potential homebuyers anytime soon — at least not in the country’s major metropolitan areas. Read more...
It’s no secret that legislation tends to lag behind technological and social advancements, but as technology advances at higher rates than ever before, legislation needs to react faster. Autonomous vehicles have been on California roads for years, but California law only
A former top lawyer at the postal group admitted its security team to an "adversarial" approach
Starlink satellite internet terminals are reportedly still operating in unlicensed places, despite the company’s warning last month that the service would be shut down by May 1 in those areas. Read more...
A federal judge ruled last week that a British airline passenger must pay $20,638 for interfering with the flight crew on a United Airlines flight between London and Newark, New Jersey on March 1. According to the Department of Justice’s account , the unruly passenger got into
Aircraft safety is a hot topic these days, with Federal Aviation Administration investigators looking into door seals at Boeing, aircraft slides flying off mid air and engine failures plaguing several planes in recent months. But what happens if the power in your plane actually
Peloton’s chief executive officer is stepping down from the role as the fitness company plans to cut roughly 15% of its global workforce. Chief Barry McCarthy told Peloton’s roughly 3,500 employees of his resignation in a note sent Thursday morning that his “one lasting legacy
Moderna’s first-quarter revenue was slashed nearly in half over the course of a year as sales of its COVID-19 vaccine plunged. Read more...
Chubb, the insurer of Baltimore’s Francis Scott Key Bridge , is reportedly preparing to make a $350 million payout to Maryland a little more than a month after it collapsed. Read more...
Novo Nordisk on Thursday raised both its full year sales and operational profit guidance for the year, after reporting booming sales of its blockbuster diabetes and weight loss drugs Ozempic and Wegovy in the first quarter. Read more...
It's Woodstock for capitalism in Omaha, Nebraska. Fans say there are $130 billion reasons to get together to hear Buffett's wisdom and buy his merch.
The deal means songs from artists including Ariana Grande and Drake can be used on the platform again.
Warren Buffett’s Berkshire Hathaway is hosting its annual shareholders meeting this Friday through Sunday. The conference, dubbed “Woodstock for Capitalists” by its fans, is a three-day event hosted in Buffett’s hometown of Omaha, Nebraska. It’s full of luxurious experiences
Keeping track of medications is vital in most cases, but it can be hard to do without alarms and an extra nudge to make it a habit. I’ve personally had difficulty staying on schedule since I started taking daily medications decades ago. But these last few years, as more
The UK economy will remain “sluggish” due to the impact of interest rate rises, the OECD says.
The CEO of what will be the UK's biggest electric car battery plant says he's 'up for the challenge'.
Ford recently launched a recall of over 242,600 Maverick trucks, citing an issue that may lead to their tail lights not lighting up.
In the Big Apple, where a Big Mac meal can now cost $14 or more with tax, the new $10.99 "3 For Me" combo deal at Chili's is starting to look pretty good.
The case against the US-based ride-hailing giant is being brought on behalf of over 10,800 drivers.
Airbnb wants to portray itself as a company that sells experiences and not just alternatives to staying in a hotel.
Makers of insect-based animal feed hope to be able to compete with soybeans on price.
There’s nothing German automakers like doing more than screwing with their naming conventions, and BMW is once again doing just that. However, instead of making things more complicated and confusing , it’s actually streamlining its naming structure by dropping “i” from the end
When you were a kid and you had a little radio control car that you zoomed around the kitchen floor or built jumps for in the back yard, did you throw it away when the batteries died ? For many owners of early electric vehicles from a decade or more ago, that seems to be the