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    Lucid CEO steps down; EV maker plans to more than double production in 2025

    by admin February 28, 2025
    February 28, 2025

    Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects…

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  • Business

    Paramount ends DEI policies, cites Trump executive order

    by admin February 28, 2025
    February 28, 2025

    Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according…

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  • Business

    Bucking trend, McDonald’s vows no egg surcharges as it preps $1 Egg McMuffin Day

    by admin February 27, 2025
    February 27, 2025

    McDonald’s is leaning into its reputation as a breakfast value offering, vowing to reject a surcharge…

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  • Business

    Home Depot earnings beat Wall Street estimates as retailer breaks comparable sales losing streak

    by admin February 27, 2025
    February 27, 2025

    Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened…

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  • Business

    Nvidia to report earnings amid infrastructure spending, DeepSeek concerns

    by admin February 27, 2025
    February 27, 2025

    Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put…

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  • Business

    Starbucks to lay off 1,100 corporate workers as sales sag

    by admin February 26, 2025
    February 26, 2025

    Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the…

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  • Business

    Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation

    by admin February 26, 2025
    February 26, 2025

    The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed…

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  • Business

    Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations

    by admin February 26, 2025
    February 26, 2025

    Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a…

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  • Business

    JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency

    by admin February 26, 2025
    February 26, 2025

    JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as…

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  • Business

    Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat

    by admin February 26, 2025
    February 26, 2025

    Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S.…

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