News
Costco’s longtime CEO steps down
Wholesale retail chain Costco’s longtime CEO Craig Jelinek is set to step down from his position at the end of...
Netflix raises subscription prices again
Streaming giant Netflix has raised its prices again, the company announced Wednesday. According to Netflix, the platform’s premium ad-free subscription...
Tesla misses Q3 earnings expectations
On Wednesday, electric vehicle manufacturer Tesla released its adjusted third financial quarter report, revealing the company missed analysts’ earnings and...
Aircraft engine maker Rolls-Royce to slash 2,500 jobs
On Tuesday, aircraft engine maker Rolls-Royce announced it will be cutting approximately 2,500 jobs across its international facilities in the...
US homebuilder confidence reaches 10 month low
According to the National Association of Home Builders/Wells Fargo Housing Market Index, U.S. homebuilder confidence dropped 4 points in October...
Tupperware taps former Spanx executive as CEO
Home and kitchen goods company Tupperware has found its new CEO in Laurie Ann Goldman, the company announced Tuesday. Goldman,...
GM pauses expansion of electric truck production
On Tuesday, U.S. automaking giant General Motors announced it would be temporarily pausing the expansion of the company’s electric truck...
Wells Fargo beats Q3 Wall Street expectations
U.S. banking giant Wells Fargo beat Wall Street’s revenue and earnings predictions during its third financial quarter, the company revealed...
Ford lays off hundreds of electric F-150 workers
Auto making giant Ford is laying off approximately 700 workers involved in manufacturing the company's electric F-150s, Ford announced Monday....
Rite Aid files for Chapter 11 bankruptcy
On Sunday, U.S. pharmacy chain Rite Aid officially filed for Chapter 11 bankruptcy. Just last Thursday, the company filed with...
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