Dollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand. The company had recently shared plans to close almost 1,000 Family Dollar stores in an attempt to revamp the struggling business. The …
Business
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Business
GM CEO says commitment to all-electric fleet remains firm despite industry-wide sales slowdown
by adminGeneral Motors CEO Mary Barra says the storied automaker’s plan to turn its fleet 100% electric will now play out ‘over decades.’ In an exclusive interview with NBC News, Barra clarified the company’s previously stated …
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Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom. It is now the second-most valuable public company, behind Microsoft. Nvidia also hit a $3 trillion market cap milestone on Wednesday after shares …
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The Federal Aviation Administration has granted Archer Aviation a key certification that gets the electric air taxi maker closer to eventually flying travelers, the company said Wednesday. Archer is making electric vertical takeoff and landing aircraft, or …
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Business
Big Mac battle: McDonald’s loses burger trademark for E.U. in battle with Irish rival
by adminA top European Union court said Wednesday that McDonald’s has lost its Big Mac trademark in the 27-nation bloc, ruling in favor of Irish fast food rival Supermac’s in a longrunning legal battle. The EU …
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Bad economic news so far has been mostly positive for the stock market, as investors worry over whether the Federal Reserve will start cutting interest rates. There’s a danger, though, of overdoing it, where too …
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Spotify is increasing its prices in the United States for many of its subscription plans. In a statement on its website, the audio streaming service said the increases were necessary so that it can ‘invest …
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Normal trading resumed late Monday morning after the New York Stock Exchange said a technical issue had led to large fluctuations in the prices displayed for certain stocks, including Warren Buffett’s Berkshire Hathaway. A little …
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The average cost of keeping an American home cool from June to September is set to hit $719, nearly 8% higher than last year, according to new projections from advocates for low-income households. That level …
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A produce company is recalling cucumbers it shipped to 14 states over concerns they may be contaminated with Salmonella. Fresh Start Produce Sales Inc. of Delray, Florida, said in a voluntary recall notice posted on …