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Category Archives: Uncategorized

Airlines struggled ahead of July Fourth weekend. Their stocks didn’t

Airline disruptions piled up over the last week, but their stocks are soaring as travelers return.

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Dodge Durango, Jeep SUVs push Stellantis second-quarter sales up 6.4%

Stellantis’ sales uptick is expected to be among the lowest of the quarter, according to auto analysts who project industry sales to have increased 16% […]

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Rivian shares surge as second-quarter EV deliveries top estimates

Rivian on Monday reported deliveries of 12,640 vehicles during the second quarter, topping analyst expectations of 11,000 vehicles.

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United CEO says flight cuts needed as thunderstorms roil July Fourth holiday travel

United’s CEO Scott Kirby apologized late Friday for taking a private jet out of New Jersey during the flight disruptions.

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Why Ford says new high-tech features for its Super Duty trucks will save marriages

The 2023 Ford Super Duty lineup is designed to ease difficulties with some of the vehicles’ most important functions: towing and carrying/hauling.

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Goldman in talks to offload Apple credit card, savings products to American Express, source says

Goldman Sachs is looking to unload its Apple financial products as part of a wider retreat from its failed consumer banking initiatives.

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JPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress test

Big banks like JPMorgan are planning to increase their quarterly dividend payouts after clearing the annual Federal Reserve stress test earlier this week.

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Fox News to pay $12 million to settle fired producer Abby Grossberg’s lawsuit

Fox News agreed to pay $12 million to settle with ex-producer Abby Grossberg, who alleged network coerced her into giving misleading testimony on Dominion.

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ESPN lays off about 20 on-air personalities including NBA analysts Jeff Van Gundy and Jalen Rose

ESPN is laying off about 20 on-air employees as part of a broader cost cutting effort.

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Student loan relief is gone for millions of Americans — here’s what it means for retailers

The Supreme Court striking down Biden’s student debt cancelation plan, and the resumption of payments, will add more pressure to already cautious consumers.

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