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Category Archives: Uncategorized

Rollback in IRA’s EV incentives would benefit China, says GM board member

The IRA includes incentives for EV buyers as well as support for carmakers and suppliers to produce all-electric vehicles and their components in North America.

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Target, McDonald’s and others are offering value as they lose ground with bargain hunters

Target’s weak results show the fierce battle between retailers that are trying to outmatch each other on deals.

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Pfizer aims to save $1.5 billion by 2027 in first wave of new cost cuts

Pfizer is also carrying out another $4 billion cost-cutting effort, which it announced last year as demand for its Covid vaccine and drug Paxlovid slumped. 

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Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy

Synapse is as a middle-man between customer-facing fintech brands and FDIC-backed banks, but it’s had disagreements about how much in customer balances it owed.

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GM all-electric Chevy Equinox goes on sale as the latest test for EV production and demand

Affordable entry-level EV pricing has long been a goal for GM, Tesla and others as Chinese rivals like BYD and Nio grow their sales beyond […]

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Home sales slipped unexpectedly in April, despite big gains in supply

Inventory in April rose 9% month to month and was up 16% from the year before, but still just a 3.5-month supply at the current […]

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It’s not your imagination. Pickleball courts are everywhere

Pickleball courts have become big business as franchises, country clubs and fitness clubs build and convert space.

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CFPB says buy now, pay later firms must comply with U.S. credit card laws

The buy now, pay later market is dominated by fintech firms like Affirm, Klarna and PayPal.

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Target will report earnings before the bell. Here’s what to expect

Big-box retailer Target reports earnings days after it said it would lower prices on thousands of groceries and everyday items.

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McDonald’s franchisee group says $5 value meal can’t last without company investment

The $5 value meal will hit menu boards beginning June 25 and will last roughly a month.

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