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Categories Business

The Dow just hit 40,000. Here’s a look at how it got here.

Author May 18, 2024

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,

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Categories Business

The Mirage casino, which ushered in an era of Las Vegas Strip megaresorts in the ’90s, is closing

Author May 18, 2024

LAS VEGAS — The iconic Mirage hotel-casino on the Las Vegas Strip will shut its doors this summer, the end of an

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Categories Business

Rent up, groceries down: Inflation cooled slightly in April, but consumers still face a mixed bag

Author May 17, 2024

The consumer price index, the most-watched inflation measurement put out by the U.S. government, declined slightly to 3.4% on a 12-month basis

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Categories Business

Under Armour is laying off workers as retailer says North America sales will plunge this year

Author May 17, 2024

Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted

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Categories Business

Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

Author May 17, 2024

Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model

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Categories Business

United Airlines says FAA cleared it to start adding new aircraft, routes after safety review

Author May 17, 2024

United Airlines said the Federal Aviation Administration has cleared it to start adding new aircraft and routes months after the regulator stepped up

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Categories Business

Walmart says more diners are buying its groceries as fast food gets pricey

Author May 17, 2024

Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation’s largest grocer sees

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Categories Business

Netflix ad-supported tier has 40 million monthly users, nearly double previous count

Author May 17, 2024

Netflix’s cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday. That’s nearly double the 23 million figure

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Categories Business

McDonald’s $5 value meal is coming in June — and staying for just a month

Author May 17, 2024

McDonald’s is set to offer a $5 value meal in the U.S., but only for a limited time. The promotion will include four items

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Categories Business

Netflix inks deal to stream its first NFL games on Christmas Day

Author May 16, 2024

Netflix will stream its first NFL games on Christmas Day. The streaming giant announced Wednesday that it will feature both Dec. 25 matchups

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