Tesla stock now blue-chip after credit upgrade
Tesla stock has been promoted to blue chip status after Moody’s upgraded its rating of the electric vehicle maker.
Richard Branson's Virgin Orbit prepares for insolvency amid emergency funding requests
Richard Branson's Virgin Orbit is working Ducera and Alvarez & Marsal to draw up insolvency plans in case it cannot secure funding from investors, according to Sky News
Egg prices so high, popular store pulls them from shelves completely
Dollar Tree announced it pulled eggs from shelves over price increases. Eggs are set to return to Dollar Tree locations when "costs are more in line with historical levels."
Randi Zuckerberg dispels 'myth' she believes is keeping women from tech careers
Randi Zuckerberg champions more women in tech sector jobs and dispels a 'myth' she says may be keeping more women from pursuing a career in the male dominated field.
GM offers buyouts as part of cost reduction plan
Automaker GM will offer buyouts for most of its salaried employees and global executives but said the actions are not job cuts.
Samuel Adams masters non-alcoholic beer with Just the Haze, remasters Boston Lager
Samuel Adams introduced its fist non-alcoholic beer in 2022, winning a gold medal at the Great American Beer Festival, and introduced Remastered Boston Lager in 2023.
Some of the largest women-owned companies to note in honor of International Women's Day
In honor of International Women's Day, here are the three most recognizable and influential female leaders from leading brands in the American business industry.
White House watching Silvergate in crypto fallout
White House press secretary Karine Jean-Pierre said in her Monday briefing the Biden Administration has its eyes on Silvergate after the California crypto bank delayed its annual report and announced the shuttering of its exchange network last week.
As customer problems hit a record high, more people seek ‘revenge’
Consumer anger has tripled since 2020, while more angry customers are seeking revenge and running into problems with services, as companies struggle to hire enough employees.
Why Apple stock can rise over 30%: Goldman Sachs initiates first Buy since 2017
For the first time since 2017, Goldman Sachs has initiated first Buy on Apple since 2017 after saying shares could climb as high as 36% in 2023.
Why I'm fighting to protect the American dream for small business
Whether it’s out-of-control inflation, broken supply chains, or labor shortages, Main Street continues to bear the brunt of President Biden’s economic crisis.
FTX fallout hits Silvergate, bitcoin
Silvergate has delayed its annual report with the Securities and Exchange Commission after reporting a $1 billion loss for fourth quarter and is now concerned about ability to operate.
Education industry at highest risk for layoffs over next 6 months: survey
Inaugural CFO survey conducted by Coupa, a cloud based spend management platform, found education sector was most susceptible to layoffs in 2023 in the event of recession.
Jack Daniel's warehouse construction in Tennessee halted due to black whiskey fungus infection: lawsuit
Jack Daniel's is being sued by a Tennessee property-owner that says the ethanol vapors released from their distilleries is causing black whiskey fungus to grow on her property.
Lightfoot’s mayoral loss follows corporate exodus from Chicago led by Boeing, Citadel, Tyson Foods
Chicago Mayor Lori Lightfoot lost her reelection bid after her tenure was marked by a rise in crime that contributed to an exodus of major corporations from the Windy City.
Manufacturing contracts for third straight month
The Institute for Supply Management (ISM) said that its Manufacturing Purchasing Managers’ Index (PMI) reached of 47.7 last month after reaching 47.4 in January, notching the third straight month of contraction.
Consumer confidence slips again
Consumer confidence declined in January for the second month in a row according to the latest data, surprising economists who had expected sentiment to rise.
Target CEO gives cautious outlook after sales, profits improve
Target reported an increase in sales and revenue for the fourth quarter but CEO Brian Cornell is not as optimistic about the current environment.
English Premier League's Tottenham Hotspur announces 15-year partnership with Formula 1
English Premier League soccer club Tottenham Hotspur has announced a 15-year partnership with Formula 1 racing that includes building an in-stadium go kart track.
Spritz Society launches collaboration with The Skinny Confidential: Here's the new flavor
Spritz Society and The Skinny Confidential are teaming up for a new flavor of the beloved, canned wine-based cocktail for a limited-edition only.