Lyft plunges nearly 20% after weak forecast sparks fears its losing race with Uber
Lyft’s shares tanked 17% on Wednesday after a soft forecast for the key summer quarter stirred worries that it may be ...
Tag: Business
Ford launches Bronco and Mustang branded e-bikes: ‘Exhilaration’
Ford Motor Company on Wednesday revealed its latest models – and they drive on only two wheels. The Detroit motor ...
Discount retailer Big Lots plans to shutter more than 300 stores
Big Lots, the Ohio-based big box discount retailer with nearly 1,400 stores nationwide, is planning to close up to 315 ...
Here’s how much more you can expect to spend on back-to-school shopping amid sticky inflation
The tab for this fall’s back-to-school shopping list is expected to jump by 6% amid stubborn inflation — forcing some ...
Airbnb warns of weak demand, says travelers waiting until last minute to book
Airbnb forecast third-quarter revenue below estimates on Tuesday and warned of shorter booking windows, suggesting travelers were waiting until the last minute to ...
Uber tops second-quarter revenue, profit estimates on strong ride demand as employees return to in-office work
Uber topped second-quarter Wall Street estimates for revenue and profit on Tuesday, bolstered by a high demand for rides as ...
Search giant broke antitrust law in landmark case, judge rules
Google violated federal antitrust law to build a dominant hold over the online search market, a federal judge said in ...
Users of online trading platforms report outages
Several major online trading platforms were down Monday as Wall Street suffered a massive meltdown, according to outage tracking website ...
‘Vendetta’ against East Hampton restaurant Sartiano’s: source
Around 7 p.m. Thursday — just after aperitivo hour — plates of $85 veal parmesan and $82 strip loin were ...
Elon Musk says Fed ‘foolish’ for not cutting interest rates yet
Billionaire Elon Musk said Sunday the Federal Reserve was “foolish” to not have cut interest rates sooner in the wake of ...
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