Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99
Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed
2023-11-29 05:21
‘Everything’s Locked Up’: Shoppers Turn to Amazon as Big-Box Retailers Combat Theft
Like many shoppers, New Yorker Sarah Henry is accustomed to retailers locking up products to thwart thieves. But
2023-11-16 18:53
Buying Junk Bonds Is the Top Contrarian Trade for 2024
Worries about an economic downturn aren’t enough to dissuade market participants from being bullish on risky debt as
2023-11-13 21:55
US labor costs growth beat expectations in third quarter
WASHINGTON U.S. labor costs increased solidly in the third quarter amid strong wage growth, the latest indication that
2023-10-31 20:53
Costco's longtime CEO steps down
Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday.
2023-10-19 21:50
Costco taps operation chief Vachris as next CEO
Costco Wholesale said on Wednesday CEO Craig Jelinek would step down from his role by the end of
2023-10-19 04:48
Brands Hand Out Freebies as Online Ads Lose Appeal
Online ads are delivering less bang for the click these days, so brands are turning to an old
2023-10-18 03:52
Target Is Blaming Theft for Store Closures, But Landlords Say Otherwise
Target Corp. grabbed national headlines last week when it blamed worsening theft for its plan to shut nine
2023-10-08 23:27
Here's why the shockingly good jobs report is going to cost you
The US economy feels lousy for so many people. So you'd think some really, really, shockingly good news about the job market would give Americans' spirits a boost.
2023-10-06 22:47
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:58
GM, Ford layoff 500 more workers, blaming strike
General Motors and Ford are laying off 500 additional workers between them, blaming the expansion of the strike announced by the United Auto Workers union at those companies on Friday.
2023-10-03 23:56
What happens when gas is sold 'at cost'? French drivers save pennies
Two of the largest retail chains in France have announced they will forego all profit on fuel sales, yielding to government pressure to sell gasoline and diesel at cost. The savings for motorists at the pump? $1 to $2 per tank.
2023-09-27 23:50