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It's ugly. It was catching fire. It's old tech. GM is selling the Chevy Bolt like hotcakes
General Motors makes a big deal out of the Ultium battery technology underpinning its new and upcoming electric vehicles like the Cadillac Lyriq, GMC Hummer EV and the Chevrolet Silverado EV pickup. But the GM EV that's a hit with customers right now is, ironically, the Bolt, a model that was first introduced back in 2016 and that doesn't use the new Ultium battery packs GM boasts about in its newer models.
FedEx's New Service Takes Aim At Amazon
The global shipping giant announced Tuesday the launch of FedEx Fulfillment, a logistics network for small and medium-sized businesses.
Starbucks will start paying employees to give back
Starbucks is paying employees to give back. The company announced on Thursday that it is testing a program that will allow some employees to spend half of their workweek at a local nonprofit.
Biden goes on the defensive over inflation and gas prices as he tries to shift the focus to Republicans
President Joe Biden on Tuesday blamed the Covid-19 pandemic and Russia's war in Ukraine for troubling economic news as he and his administration went on the defensive over mounting inflation and rising gas prices.
US economy still needs ‘multiple’ rate hikes, says top Fed official
A senior official at the Federal Reserve is pushing back against growing hopes on Wall Street that the central bank could be nearly done raising interest rates.
Ethereum is leaving bitcoin in the crypto dust
Hunter S. Thompson once wrote, "There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge." He was referring to the intoxicating drug, not the cryptocurrency. But ethereum investors may have reasons for fear and loathing, too.
Beyoncé's Latest Ivy Park x Adidas Gear Finally Drops Online
Beyoncé's second Ivy Park x Adidas apparel collection is dropping online Thursday, a day ahead of its release in stores. The athleisure line, dubbed "The Drip 2 Collection," comes nine months after the first installment of Beyoncé's Ivy Park x Adidas gear, which sold out almost instantly when it dropped at the start of the year.
Weight loss and diabetes drugs cost more in the US than in other countries, KFF analysis finds
Weight loss and diabetes medications are priced much higher in the US than in other countries, according to a new analysis from KFF.
What we know about Buffalo supermarket shooting suspect Payton Gendron
The 18-year-old man who allegedly shot and killed 10 people in Buffalo Saturday afternoon was motivated by hate, authorities said, targeting a supermarket in the heart of a predominantly Black community.
Walmart has a new way to turn college grads into store managers
Walmart is creating a new program to fast-track recent college graduates into store manager positions — salaried roles that pay upwards of $200,000 a year.
Russian oligarch's luxury yacht seized in Spain at US' request
A 255-foot luxury yacht owned by a Russian billionaire was seized by Spanish law enforcement on Monday at the request of US officials, according to the Justice Department.
Pentagon to Test New Anti-missile System In Wake of North Korea Threat
The Pentagon on Tuesday will for the first time test its ability to shoot down an intercontinental ballistic missile using its own upgraded long-range interceptor missile in what is being widely seen as a test of US ability to counter a North Korean missile launch.
Toys 'R' Us will close for good this week
The end is finally here for Toys "R" Us stores in the United States. The iconic toy retailer will close its final 200 US stores on Friday. Toys "R" Us filed for bankruptcy in September in hopes of turning around. But terrible Christmas sales left it on life support. The chain had 735 US stores when it announced plans to go out of business in March.
Dollar Shave Club founder: We want to be known for much more than razors
Think of it as Dollar Shave Club 2.0. Over the last two years, the company has transformed from a monthly razor subscription service to a one stop shop for men, offering a line of toiletries as well as lifestyle and wellness content for men.
This key inflation measure just saw its biggest gain on record
US inflation kept moving higher in March and the Producer Price Index is the latest data point showing the price pressure.
New satellite images reveal North Korea took recent steps to conceal nuclear weapons site
New satellite imagery obtained by CNN reveals North Korea has recently taken steps to conceal a facility US intelligence agencies believe is being used to store nuclear weapons, a move that could add to the growing sense of urgency from critics who argue the Biden administration needs to articulate a clear strategy on how it will deal with Kim Jong Un going forward.
Move over, 'transitory.' The new inflation buzzword is 'supercore'
If "transitory" was the buzzword for inflation watchers in 2021, this year it's "supercore."
Even dollar stores are starting to feel the pinch from inflation
Dollar stores, as their name suggests, offer inexpensive products for bargain-hungry shoppers. But even Dollar General and Dollar Tree, which have thrived this year as rampant inflation has helped boost sales, are starting to feel the pinch of a slowing economy.
Israel begins operation to 'expose and thwart' Hezbollah tunnels
Israel has launched an operation along its northern border with Lebanon to "expose and thwart cross border tunnels" which it says have been dug by Hezbollah, the Israeli army said on Tuesday.
Walgreens profit tumbles, slashes guidance amid significant drop in Covid vaccine demand
Walgreens Boots Alliance on Tuesday reported earnings that tumbled from the same time a year ago amid softening consumer spending and a pullback in demand for Covid vaccines.
