DETROIT — Ford’s latest project out of the Motor City is the restoration and reopening of an abandoned train station, for decades a symbol of Detroit’s downfall and now the automaker’s new technology…
Business
-
-
Business
Why some major artists are suddenly canceling shows, and in some cases entire tours
by adminA series of tour cancellations and changes by big-name artists has sparked questions about whether the post-pandemic live music boom could be cooling, as consumer spending fatigue meets elevated ticket…
-
Business
Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
by adminUlta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown. Comparable sales, a metric that tracks Ulta stores open at least 14…
-
Business
Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May
by adminThe Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal Reserve’s preferred inflation measure came in largely around…
-
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released Friday that is followed closely by…
-
Top proxy adviser Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the reapproval of CEO Elon Musk’s $56 billion pay package and withhold their support from the re-election of News Corp. scion…
-
Business
N.Y. Fed President John Williams says inflation is too high but will start coming down soon
by adminNew York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start decelerating later this year. With markets on edge…
-
Business
Hiring stays strong for low earners — while job growth for middle- and high-earners slows, Vanguard finds
by adminThe pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income workers has waned slightly, according to new data from Vanguard. The…
-
Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that can increase the risk of injury in a collision, the National…
-
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of Realtors. These so-called pending sales…