As 2025 approaches, a palpable sense of optimism is emerging among U.S. car dealers, prompted notably by the return of Donald Trump to the presidency. This renewed confidence, highlighted in the latest “Q4 2024 Dealer Sentiment Index” from Cox Automotive, stems from encouraging economic signals such as favorable interest rates and attractive sales incentives provided
Business
The tragic shooting of Brian Thompson, the CEO of UnitedHealth Group’s insurance arm, has sent ripples through the healthcare sector, reverberating beyond the immediate human loss to trigger a significant downturn in major insurance stocks. Since the fateful day last Tuesday, stocks of leading insurers—UnitedHealth, CVS Health, and Cigna—have collectively fallen over 6%. Faced with
In a notable maneuver, activist investor Barington Capital has taken a significant position in Macy’s, advocating for essential changes to revitalize the struggling retail giant. On Monday, Barington unveiled its intentions for Macy’s, urging a reevaluation of spending practices, an exploration of selling off luxurious brands, and a comprehensive examination of the company’s real estate
Recent tragic events in corporate America have highlighted the fragility of executive safety, provoking a necessary dialogue on the protective measures undertaken by large organizations. The fatal shooting of UnitedHealthcare CEO Brian Thompson on a routine public outing has exposed the vulnerabilities that may reside in even the most mundane corporate activities. This incident not
The Consumer Financial Protection Bureau (CFPB) has initiated a significant complaint against Comerica Bank, targeting the bank for its alleged mismanagement of the Direct Express prepaid debit card program. This program, designed to allow beneficiaries—especially those reliant on fixed incomes, such as the disabled and the elderly—to access their federal benefits efficiently, has come under
On Thursday, Ulta Beauty reported impressive financial results for the fiscal third quarter, defying the predictions of Wall Street analysts and allaying concerns regarding intensified competition and a potential downturn in demand for beauty products. The retailer exceeded expectations not only in earnings per share but also in revenue, which saw a notable uptick compared
In a decisive move to reshape its operational framework, JetBlue Airways has announced a series of flight cancellations and strategic redeployments. This decision comes as part of the airline’s efforts to eliminate unprofitable routes and enhance overall profitability. The specific routes impacted include flights from Fort Lauderdale to Jacksonville and various destinations from New York’s
The global weight-loss medication market is witnessing a fierce competition, particularly between Eli Lilly’s Zepbound and Novo Nordisk’s Wegovy. Recent findings from Eli Lilly’s head-to-head clinical trial reveal that Zepbound may surpass Wegovy in efficacy, specifically concerning weight reduction among patients with obesity or those who are overweight. This article delves into the significant implications
Jaguar, the iconic British automotive brand, recently unveiled a transformative design philosophy with the introduction of its all-electric concept car, the Type 00. This move represents a significant shift in Jaguar’s approach, showcasing a departure from its established sport-oriented vehicles towards a more avant-garde electric future. By embracing the trend of electric mobility, Jaguar aims
In a strategic pivot that reflects the rapidly evolving landscape of electric vehicle (EV) manufacturing, General Motors (GM) has announced its intention to divest its stake in a significant battery cell production facility located in Michigan. The decision to sell its interest in this $2.6 billion plant to its joint venture partner, LG Energy Solution,