End of an era: the last tenant that gave this NYC ‘hood its name is moving out
When John Jobbagy’s grandfather immigrated from Budapest in 1900, he joined a throng of European butchers chopping up and shipping off meat in a loud, smelly corner of Manhattan that New Yorkers...
View Article‘We are not satisfied’: Kohl’s stock tumbles amid slumping sales and gloomy...
In the days before Thanksgiving, retail investors want reasons to be hopeful—after all, we’re about to enter the busiest shopping period of the year. But for Kohl’s investors today, that hope seems to...
View ArticleRivian secures $6.6 billion loan from the Biden administration to build a...
President Joe Biden’s administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the...
View ArticleHousing market shift: Where home prices are actually falling
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Some regional housing markets in states, such as Texas, Florida, and Louisiana,...
View ArticleStarbucks and other retailers hit with ongoing ransomware attack on software...
Major supply-chain software provider Blue Yonder is working to restore its systems after a ransomware attack hit the Panasonic-owned firm last week. Blue Yonder, which counts Starbucks, major U.K....
View ArticleHow Trump’s tariff plans could rattle currency markets
It may just be the turn of currency markets to play “bad cop” to the incoming U.S. administration’s proposed tariff hikes—sideswiping its trade threats by catapulting the dollar higher. In recent...
View ArticleWhen does Spotify Wrapped 2024 come out? Here’s what we know and how you’ll...
As we barrel toward the end of the year, one thing on the minds of many music lovers right now is Spotify Wrapped, the audio streaming service’s annual recap of the music they listened to in 2024....
View ArticleAutomakers carry on with EV transition plans despite Trump’s threat to kill...
If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers will choose EVs. Yet tax credits or not, auto...
View Article18-year-old Butterball turkey video haunts company at its busiest time of the...
On Thursday, millions of families will sit down for a dinner that, in general, centers around turkey. And in a sizable portion of those homes, Butterball will be the turkey they devour. But with just...
View ArticleU.S. trade tensions escalate as Mexico’s Sheinbaum suggests retaliatory tariffs
President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% import duties on Mexican goods if...
View ArticlePony AI stock price: Chinese autonomous car company’s Nasdaq IPO will be...
Pony AI is having its initial public offering today. The firm, which is based in Silicon Valley but also has a headquarters in Guangzhou, China, makes autonomous mobility tech that can turn cars into...
View ArticleCanada blasts Trump’s tariff threat
Canadian officials on Tuesday blasted President-elect Donald’s Trump’s threat to impose sweeping tariffs, as the leader of the country’s most populous province called Trump’s comparison of Canada to...
View ArticleHow Biden’s AI tech could play a role in Trump’s immigration crackdown
President-elect Donald Trump will return to power next year with a raft of technological tools at his disposal that would help deliver his campaign promise of cracking down on immigration—among them,...
View ArticleHow to rescue climate change from the culture wars
Household appliances used to be a safe conversation topic, if a boring one. But these days, many Republican politicians see gas stoves, refrigerators, dishwashers, and laundry machines as symbols of...
View ArticleTikTok will block beauty filters for European teens following pushback
TikTok is planning to ban teen users in Europe from using beauty filters that alter their facial features. In the coming weeks, minors will be blocked from making their eyes bigger, plumping their...
View ArticleAmerican Airlines is expanding its airport ‘gate lice’ crackdown
American Airlines is cracking down on “gate lice” ahead of what’s expected to be a record-setting Thanksgiving travel season. The company is expanding new technology to more than 100 airports in hopes...
View ArticleThanksgiving spectacle: Solar storm to bring Northern Lights to parts of the...
Aurora enthusiasts in northern parts of the U.S. and Canada are in for a treat this Thanksgiving, as a solar storm is expected to send the northern lights, or aurora borealis, further south than...
View ArticleCFPB moves to finalize rules before Trump can ‘delete’ the agency
The U.S. consumer finance watchdog is moving ahead with rulemaking in the final weeks of Joe Biden’s Democratic administration, in a bid to advance consumer protections before President-elect Trump...
View ArticleWhy drivers in America and Europe are more skeptical to buy EVs than in China...
While sales of electric vehicles surge in China, adoption of more environmentally friendly vehicles is stumbling in the United States and Europe as carmakers and governments struggle to meet years-old...
View ArticleHow Trump’s transition agreement differs from ones signed by Biden and Harris
U.S. President-elect Donald Trump‘s team signed an agreement on Tuesday with President Joe Biden‘s administration to coordinate with federal agencies and share documents, after weeks of delays. The...
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