A new, local mansion tax takes effect in Los Angeles next month, levied upon a seller of any real property that trades for $5 million […]
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Young moviegoers are more likely to pay more for good seats in theaters, new survey says
Young moviegoers don’t mind paying extra fees to see films on the big screen, if it means they get to sit in the best seats […]
Continue readingFord plans to build 500,000 EVs annually at its $5.6 billion Tennessee campus
The first and only product to be announced thus far for the plant is a next-generation electric truck, which Ford has codenamed “T3,” short for […]
Continue readingLidar maker Ouster dips as quarterly losses widen, but CEO sees savings in Velodyne merger
Ouster is on track to realize the benefits of its merger with Velodyne, completed in February. But its pre-merger Q4 results fell short of expectations.
Continue readingHow Ford plans to turn a profit on EVs in under four years
Ford forecast a drastic turnaround for its electric vehicle unit, reiterating that it expects its EV business to be solidly profitable by the end of […]
Continue readingChewy and Petco earnings make it clear: Pet health care is their future
Chewy and Petco have bet big on pet health care, which could be the key to long-term success.
Continue readingInvesting in Space: The latecomer
A small group of Virgin Orbit employees are rolling back into the company’s Long Beach, California, headquarters today.
Continue readingEx-Morgan Stanley advisor charged with defrauding NBA players out of $13 million
Darryl Cohen is facing three different counts of fraud, which could amount to 20 years in prison.
Continue readingTikTok’s ad business is growing around live sports as platform faces possible U.S. ban
Brands like State Farm and T-Mobile are putting a bigger emphasis on advertising on TikTok.
Continue readingN.J. deli stock fraud defendant renounced U.S. citizenship, prosecutors seek detention
Three men, including Peter Coker Jr. and his dad, are accused of pumping up the stock price of a New Jersey deli-owning company once valued […]
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