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Category: Top Stories
Abercrombie ex-CEO Mike Jeffries to plead not guilty in sex crimes case
Former Abercrombie & Fitch CEO Mike Jeffries, his partner Matthew Smith and associate James Jacobson face sex trafficking and interstate prostitution charges.
Tesla shares head for highest close in 13 months as post-earnings rally continues
Following Tesla’s best day on the market since 2013, the stock rose almost 3% on Friday, putting it on pace for its highest close since […]
Spirit Airlines stock jumps 25% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines shares rose after the struggling carrier said it will cut jobs and sell planes.
Alphabet’s self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.
Biden’s latest student debt plan would create forgiveness path for borrowers facing financial ruin
The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.
What McDonald’s needs to do next after E. coli outbreak
Health authorities are investigating the source of the E. coli outbreak that has sickened 49 and led to one death.
UBS says buy this homebuilder with more than 25% upside
Investors should start building a position in Builders FirstSource, according to UBS.
Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs
A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.
Volkswagen’s Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Scout, a former American brand from 1961 to 1980, was expected to exclusively offer EVs in a bid for the German automaker to expand its […]