News
Starbucks to open 17,000 new stores, slash $3 billion in costs
U.S. coffee giant Starbucks revealed new plans for the chain on Thursday, including a goal to open 17,000 new locations...
First plant votes to ratify tentative UAW-Ford labor deal
On Thursday, members of the United Auto Workers labor union at Ford’s Michigan Assembly Plant voted in favor of ratifying...
Toyota issues recall for 1.8 million RAV4s
Automaking giant Toyota is recalling 1.8 million of its popular RAV4 models, the company announced Wednesday. The recall reportedly affects...
Roku beats Wall Street expectations in Q3
Streaming device company Roku reported strong revenue for its third financial quarter Wednesday, revealing the company beat Wall Street’s expectations...
Charles Schwab lays off 2,000 staffers
On Wednesday, financial services company Charles Schwab announced its laying off approximately 2,000 employees. The layoffs reportedly affected between 5%...
Disney set to acquire full control of Hulu
Media empire Disney will soon have full control of streaming service Hulu after acquiring the remaining one-third share from cable...
JetBlue stock falls to 12 year low
Following a disappointing fourth financial quarter forecast, U.S. airline JetBlue’s stock tumbled 10% on Tuesday. Trading at $3.76 per share,...
US consumer confidence continues to drop
U.S. consumer confidence declined in October for the third consecutive month, the Conference Board’s Consumer Confidence Index reported Tuesday. October’s...
UAW strike caused Stellantis $3.2 billion revenue loss
On Tuesday, U.S. auto making giant Stellantis revealed the recent United Auto Workers strike cost the company a reported $3.2...
US home prices rise for seventh consecutive month
According to newly released data from the S&P CoreLogic Case-Shiller US National Home Price Index, U.S. home prices rose .9%...
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