Store credit cards deal department stores another revenue squeeze
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City. Robert Nickelsberg | Getty Images Department stores like Macy’s and Kohl’s have long used store-branded credit cards to drive purchases and get a cut of cash. Starting this spring, though, those cards will become […]
Tesla’s ‘self-inflicted’ woes make this analyst feel more cautious about the stock
Tesla is dealing with a host of challenges — some of its own making — and that could keep its stock at bay, according to a Jefferies analyst.
Delta Air Lines (DAL) Q1 2024 earnings
An Airbus A330-941 is being delivered to Delta Air Lines, flying from Toulouse Blagnac Airport to Atlanta, in Toulouse, France, on December 8, 2023. JoanValls | Nurphoto | Getty Images Delta Air Lines swung to a profit in the first quarter, and CEO Ed Bastian said bookings for both leisure and business travel are strong […]
I invested half of my son’s inheritance with a 13.5% return. A major broker underperformed the S&P with the rest. Do I push to manage all of his assets?
“Am I letting my ego get in the way?”
Boeing airplane deliveries drop during Q1 amid safety crisis
Boeing 737 MAX airplanes are pictured outside a Boeing factory on March 25, 2024 in Renton, Washington. Stephen Brashear | Getty Images Boeing airplane deliveries dropped in the first quarter to the lowest number since mid-2021 as the company faces increased scrutiny after a door plug blew out from one of its 737 Max 9 planes midair […]
New off-road SUV will include a hybrid engine
2025 Toyota 4Runner TRD Pro Toyota Toyota Motor revealed a new 4Runner SUV for the first time in nearly 15 years — completing a recent redesign of the automaker’s current trucks and SUVs. Aside from its new looks, which are similar to the recently redesigned Toyota Tacoma pickup, the 2025 4Runner will be offered with […]
GOP says Biden administration is using crypto as a ‘scapegoat’ for foreign-policy failures
The digital-asset industry and its allies in Congress on Tuesday criticized the Biden administration for blaming cryptocurrency for its failures to prevent the flow of funds to foreign adversaries supporting terrorism, drug trafficking and other illegal activities.
J&J cell therapy gains edge over Bristol Myers rival
Jonathan Raa | Nurphoto | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Hi folks! Two competing cell therapies from Bristol Myers Squibb and Johnson & Johnson both got good news from the Food and Drug Administration on Friday. But J&J’s drug is […]
FAA reportedly investigating whistleblower claims alleging flaws in Boeing’s 787 Dreamliner
A whistleblower has reportedly complained to federal regulators that Boeing Co. overlooked safety concerns in the production of its 787 Dreamliner jets.
Former Bowlero exec says company threatened to report him to FBI
A former executive at Bowlero, the world’s largest owner and operator of bowling centers, has asked a court’s permission to countersue his former employer for extortion and retaliation, after an executive on a recorded call threatened to report him to the FBI if he didn’t admit to spilling company secrets, according to a transcript of […]
