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Category Archives: Uncategorized

Carvana shares surge after the company boosts second-quarter guidance

Online used-car retailer Carvana said its second-quarter results would likely come in ahead of its earlier expectations as cost-reduction measures take hold.

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GM to invest $500 million to build next-generation Cadillac Escalade, other large SUVs

The notably profitable SUVs remain in high demand, and sales are needed to assist in funding the automaker’s investments in EVs.

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The shortage of houses is hitting some people and areas harder than others

The U.S. is facing a shortage of affordable houses relative to only a few years ago, and it’s hitting cities like El Paso, Boise and […]

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CNN needs more than a new CEO. It needs a business strategy

Killing CNN+ set Chris Licht behind the eight ball because it left him with no clear vision for the future of the news organization.

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Canada wildfire smoke again slows flights to the Northeast U.S.

Poor visibility from Canada wildfire smoke delayed hundreds of flights at LaGuardia and Newark on Wednesday.

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GameStop fires CEO, names Ryan Cohen executive chairman; shares plummet

GameStop fired its CEO and appointed Ryan Cohen as executive chairman just months after the company reported its first quarterly profit in two years.

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PGA Tour merger with LIV Golf triggers confusion about sponsorships, antitrust

The PGA Tour’s announced merger with rival LIV Golf leaves questions surrounding the future of sponsorships and regulatory review.

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Boeing sued for allegedly stealing IP, counterfeiting tools used on NASA projects

Wilson Aerospace, a family-run tools company based in Colorado, is suing Boeing for a wide range of claims concerning allegedly stolen intellectual property.

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FAA halts flights bound for New York’s LaGuardia Airport amid smoke from Canada wildfires

As of about 1:20 p.m. in New York, more than 1,300 U.S. flights were delayed, according to flight tracking site FlightAware.

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Mortgage demand drops despite rates coming off recent highs

Mortgage rates fell back from their recent highs, but demand dropped for the fourth straight week.

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