What retail apocalypse? Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies…
Category:
Business
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Passing major milestones such as the 40,000 barrier the Dow Jones Industrial Average eclipsed this week makes for a nice headline, but…
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Business
Rent up, groceries down: Inflation cooled slightly in April, but consumers still face a mixed bag
The consumer price index, the most-watched inflation measurement put out by the U.S. government, declined slightly to 3.4% on a 12-month basis…
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Business
Under Armour is laying off workers as retailer says North America sales will plunge this year
Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted…
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McDonald’s is set to offer a $5 value meal in the U.S., but only for a limited time. The promotion will include four…
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Business
Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model…
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Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation’s largest grocer…
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Netflix’s cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday. That’s nearly double the 23 million…
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Business
United Airlines says FAA cleared it to start adding new aircraft, routes after safety review
United Airlines said the Federal Aviation Administration has cleared it to start adding new aircraft and routes months after the regulator stepped up…
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Meme stocks are back. One day after an account associated with the phenomenon posted for the first time in years on the…