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Categories Business

Chevy Bolt owners to receive settlement checks after successful class-action suit over faulty batteries

Author May 20, 2024

Chevy Bolt owners are eligible for settlement checks as part of a $150 million class-action settlement with General Motors and South Korean

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Categories Business

Bruce Nordstrom, who helped grow family-led department store chain, dies at 90

Author May 20, 2024

SEATTLE — Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand,

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Categories Business

The lunch rush is dead as Americans live for the weekend

Author May 20, 2024

More consumers are saving their workday lunch money to burn when they’re off the clock. The rise of hybrid work has kept many

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Categories Business

Dow closes at record high above 40,000 to cinch a five-week winning streak

Author May 19, 2024

The Dow Jones Industrial Average closed Friday above the key 40,000 level for the first time in history, a day after hitting that benchmark

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Categories Business

Some consumers are punting big purchases like pools and mattresses

Author May 19, 2024

Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite. Corporate executives

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Categories Business

Frontier Airlines does away with change fees in budget airline pricing overhaul

Author May 19, 2024

Frontier Airlines said it will stop charging customers a fee to change their flights, taking a page from larger competitors as the Biden

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Categories Business

Wayfair to open its first large store, as physical locations make a comeback

Author May 18, 2024

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

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Categories Business

Here’s what has driven the Dow rally to 40,000, and why it could keep going

Author May 18, 2024

Passing major milestones such as the 40,000 barrier the Dow Jones Industrial Average eclipsed this week makes for a nice headline, but

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Categories Business

UAW loses Alabama union vote seen as bellwether for organizing autoworkers in the South

Author May 18, 2024

Workers at two Mercedes-Benz factories in Alabama have voted against joining the United Auto Workers, the largest autoworkers union in the U.S.,

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Categories Business

As Tesla layoffs continue, here are 600 jobs the company cut in California

Author May 18, 2024

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

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