Business
October 08, 2024
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After scrapping health clinics for people, Walmart is expanding pet care

Walmart is opening five more pet services centers after testing the first location near Atlanta. The centers offer vet visits and grooming. Courtesy: Walmart Walmart shut its doctor offices for people. But the nation’s largest retailer is expanding its pet care business. On Tuesday, the company announced it will open five more pet services centers […]

Business
October 07, 2024
4 views 7 mins 0

GM investor day: Cruise, cash and EV profits top of mind for Wall Street

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — A lot has changed since General Motors’ last investor day two years ago, but one thing that hasn’t […]

Business
October 04, 2024
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Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped by as much as 8.9% in intraday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and […]

Business
October 04, 2024
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Stellantis files federal lawsuit against UAW union over strike threats

Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024.  Nathan Laine | Bloomberg | Getty Images DETROIT — Stellantis is suing the United Auto Workers, escalating a monthslong battle between the trans-Atlantic automaker and American union, CNBC has […]

Business
October 04, 2024
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Mortgage rates spike after stronger-than-expected jobs report

The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage News Daily. That is 42 basis points higher than Sept. 17, the day before the Federal Reserve cut its benchmark rate by half a percentage […]

Business
October 04, 2024
4 views 3 mins 0

Ford reveals new 2025 Expedition SUV, including off-road and 'Ultimate' models

2025 Ford Expedition Platinum Ultimate Ford DETROIT — Ford Motor is increasing the refinement and technology of its large Expedition SUV as part of a vehicle redesign to better compete with growing competition. The new three-row SUV features a smoother interior and exterior design, increased comfort and convenience features such as a 24-inch driver display, […]

Health
October 03, 2024
4 views 4 mins 0

Oura announces new smart ring with updated design and new sensors for $349

A user wearing an Oura Ring Courtesy: Oura Oura unveiled its new smart ring, the Oura Ring 4, on Thursday, which is available starting at $349.  The company’s rings track sleep, exercise, stress, heart health and other metrics to help users understand their bodies and make healthier choices. The Oura Ring 4 has new sensors, […]

Business
October 02, 2024
4 views 7 mins 0

Levi Strauss trims guidance as it weighs sale of Dockers business

Justin Sullivan | Getty Images Denim-crazed consumers are turning to Levi Strauss & Co for new jeans, but the company’s overall business is being dragged down by its Dockers brand, which the company is now considering selling off, it announced Wednesday.  Sales at Levi’s brand were up 5% during its fiscal third quarter — the […]