News
US consumers racked up record credit card debt in 2022
Approximately one out of every 10 U.S. credit card accounts was in “persistent debt” in 2022, says a new report...
New US home sales spike in September
According to new data from the U.S. Department of Housing and Urban Development and the Census Bureau, new home sales...
Frontier Airlines revamps frequent flyer program
U.S. airline Frontier Airlines is overhauling its frequent flyer program, the company announced Tuesday. The budget airline will now count...
Coca-Cola tops Wall Street’s Q3 estimates
On Tuesday, major beverage manufacturer Coca-Cola released its quarterly earnings report, showing that the company beat Wall Street’s estimate for...
GM beats Q3 earnings expectations
Automaking giant General Motors released its third financial quarter results Wednesday, revealing the company beat Wall Street’s earning estimates amid...
UAW issues strike on GM’s largest plant
On Tuesday, the United Auto Workers labor union ordered 5,000 workers to walk off General Motors’ Arlington Assembly plant in...
Reed Hastings steps down as Netflix co-CEO
Streaming giant Netflix’s co-founder Reed Hastings is stepping down as the company’s co-CEO, Netflix announced Thursday. The co-founder will be...
Databricks to buy Arcion for $100 million
On Monday, analytics firm Databricks announced its purchase of enterprise data company Arcion for $100 million. Action's technology will allow...
Chevron to acquire Hess for $53 billion
Oil giant Chevron is set to acquire competitor Hess for $53 billion plus debt, the company announced Monday. Chevron is...
UAW calls for strike at Stellantis’ Ram facility
On Monday, the United Auto Workers labor union ordered 6,800 of its members to strike at auto making giant Stellantis’...
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