Ford expecting mounting EV losses this year
Ford revealed in its latest earnings report that its Model e electric vehicle division is expected to see losses above…
Category: Business
Egg surcharge hits diners’ wallets: Experts say consumers should fear menu price hikes more
Surcharges are never welcomed by consumers, but restaurant industry experts argue they are better than overall menu increases, which don't…
Quiksilver, Billabong and Volcom US stores to close after Liberated Brands files for bankruptcy
Liberated Brands filed for Chapter 11 bankruptcy over the weekend and is looking to shutter its U.S. retail stores where…
Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – $1.1…
OpenAI’s ChatGPT briefly goes down for users across the globe
ChatGPT users around the globe reported issues with the OpenAI chatbot late Wednesday, before the issue was resolved, according to…
Treasury Secretary Scott Bessent calls for Trump tax cuts to be made permanent
Treasury Secretary Scott Bessent appeared on FOX Business Network's "Kudlow" and urged Republicans to make President Trump's tax cut permanent,…
Super Bowl LIX battle: Chiefs and Eagles are both valued in the billions
When the Kansas City Chiefs and Philadelphia Eagles hit the field Sunday for Super Bowl LIX, it will be a…
Ex-USAID official speaks out over alleged waste, fraud inside agency
A former U.S. Agency for International Development official says "the list goes on and on" of the alleged spending waste…
Americans’ insurance rates are soaring and lawsuits play a significant role
Home and auto insurance premiums have been soaring in the U.S. for years, and it is not just because of…