FinanceMar 30
Car Buyers Face Increasing Negative Equity in Trade-Ins, Analysis Shows
Nearly one-third of car buyers now owe more on their trade-in vehicles than the cars are worth, according to automotive industry analysis.
4 sources
FinanceMay 9
Fintech Startup Parker Files for Bankruptcy After Shutdown
Parker, a corporate credit card and banking services startup, has filed for bankruptcy and reportedly ceased operations.
4 sources
FinanceMay 9
S&P 500 Extends Winning Streak to Six Weeks on Strong Corporate Earnings
The S&P 500 continued its six-week winning streak as better-than-expected corporate earnings drove stock market gains to new records.
2 sources
FinanceApr 30
Stellantis Shares Drop 10% Following First-Quarter Earnings Report
Stellantis stock fell sharply after releasing quarterly results showing weak cash flows despite profit gains from tariff refunds.
3 sources
FinanceApr 30
Three Major Corporate Deals Signal Active M&A Market Activity
Lazard acquires Campbell Lutyens for $575 million, KKR explores $10 billion sale of spreads business, and Engine Capital pushes KBR to consider sale options.
3 sources
FinanceMay 29
Carl's Jr. Franchisee Files Bankruptcy, Cites California Minimum Wage Impact
A major Carl's Jr. franchisee filed for bankruptcy protection, potentially affecting nearly 50 California locations.
2 sources
FinanceMar 24
Job Market Pessimism Surges Despite Low Unemployment, Survey Shows
Americans increasingly view the job market negatively, with only 28% saying it's a good time to find quality work, down from 70% in 2022.
3 sources
FinanceJun 9
Sources Report on Separate Business Stories - Mercor and Mercuria
Two unrelated business stories emerged: venture capital pricing practices and commodity trading profits.
2 sources
FinanceMay 19
Agricultural producers face mounting challenges from weather and economic pressures
Farmers and ranchers across multiple regions are grappling with severe weather conditions and economic difficulties affecting crop production and livestock operations.
2 sources
FinanceMar 26
Air Canada CEO Criticized for English-Only Remarks Following Deadly Airport Crash
Air Canada's CEO faced criticism from Mark Carney after delivering crash condolences only in English, reigniting debate over language requirements in Canada.
7 sources
FinanceMar 12
Trump Announces New Oil Refinery Opening in Texas with Reliance Partnership
Former President Trump announced plans for a new oil refinery in Texas backed by Indian conglomerate Reliance Industries.
5 sources
FinanceMay 8
Wall Street Analysts Issue Warnings as Market Momentum Trades Reach Extreme Levels
Financial analysts are expressing caution about current market conditions as momentum trading strategies reach unusually high levels.
2 sources
FinanceApr 29
Booking Holdings Lowers 2024 Revenue Forecast Amid Middle East Travel Impact
Online travel giant Booking Holdings reduced its full-year revenue growth outlook from low-double-digit to high-single-digit due to Middle East conflict effects.
3 sources
FinanceApr 7
Levi Strauss Raises Guidance After Strong Quarter; GoPro Cuts 23% of Workforce
Levi Strauss posted 14% revenue growth and raised fiscal year guidance while GoPro announced plans to eliminate 145 employees in restructuring.
4 sources
FinanceMay 8
Hassett Rejects Gundlach's Debt Management Proposal as DoubleLine CEO Warns of Crisis
Kevin Hassett dismissed Jeffrey Gundlach's debt proposal while the DoubleLine CEO prepares for potential debt crisis.
2 sources
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