Wayfair to open its first large store, as physical locations make a comeback
What retail apocalypse? Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies that have turned to brick-and-mortar for growth. In an ironic twist for a company that became a $12 billion powerhouse
Here’s what has driven the Dow rally to 40,000, and why it could keep going
Passing major milestones such as the 40,000 barrier the Dow Jones Industrial Average eclipsed this week makes for a nice headline, but market experts do not take much else from the move. What really matters is what underpins the market, namely,
UAW loses Alabama union vote seen as bellwether for organizing autoworkers in the South
Workers at two Mercedes-Benz factories in Alabama have voted against joining the United Auto Workers, the largest autoworkers union in the U.S., a blow to an effort to strengthen the presence of organized labor in the South. The Friday vote was
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. The latest round of layoffs eliminated roles
The Dow just hit 40,000. Here’s a look at how it got here.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago. A trader at the New York Stock Exchange on Thursday, May 16, 2024, as the DOW reached 40,000.Courtney Crow / NYSE The 30-stock benchmark broke above 40,000 for the
Bitcoin Price Prediction as BTC Approaches $67,000 Level – New All Time High This Week?
Bitcoin Price Prediction As Bitcoin hovers near the $67,000 mark, trading at $67,243.75 with a recent upswing of 1.41%, questions about its next milestone intensify. With a trading volume of $24.62 billion and a dominant market cap of $1.32 trillion, the
Biden and Trump cut a deal on debates. Then the fighting started.
Less than two hours after President Biden made his move Wednesday to upend the nation’s presidential debate tradition, two of CNN’s top political journalists were on the phone with Donald Trump’s high command. “We are sending you a proposal for a
Upside-down flag flew at Justice Alito’s house after neighbor dispute
In the fraught weeks after the Jan. 6, 2021, assault on the U.S. Capitol, the wife of Supreme Court Justice Samuel A. Alito Jr. flew an upside-down American flag at their home following a dispute with a neighbor over anti-Trump
Boeing delays spaceflight again as it continues to struggle with leak
NASA said Friday that Boeing’s first flight with people aboard its troubled Starliner spacecraft has been delayed yet again, as the beleaguered company works to assess a helium leak in the capsule’s service module. The flight, which was originally scheduled for
Billionaire Telegram Founder Pavel Durov Holds $7 Million in Notcoin, Pledges to Hold Until 100x
Pavel Durov, the founder of Telegram, has received a generous donation from over half a million players of the viral Telegram-based clicker game called Notcoin. The players donated a portion of their in-game coins to Durov as a gesture of gratitude