Carvana short-sellers have suffered losses of more than $1 billion this year, according to Bloomberg. That's after the company's stock surged 56% on Thursday alone on the back of improved second-quar

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital include

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital include

June 11 (Reuters) - Germany's Finance Minister Christian Lindner is refusing Intel's (INTC.O) demands for higher subsidies for a 17-billion-euro ($18-billion) chip plant, saying the coun

In May those 21 and older in Michigan purchased $245 million worth of legal marijuana and marijuana products. According to data released by Michigan’s Cannabis Regulatory Agency, in total legal marij

Sens. Elizabeth Warren (D-MA) and Ed Markey (D-MA) are calling for marijuana reform that prioritizes communities most impacted by the drug war and prevents monopolization by large corporations like Am

June 10 (Reuters) - The Pacific Maritime Association (PMA), which represents terminal operators, said in a tweet on Saturday that coordinated and disruptive work actions led by the Inter

Shoppers are concerned about ‘shrinkflation’, with two thirds noticing that products including chocolate and crisps are getting smaller yet cost the same or more, reveals Barclays' latest consumer spe

MILAN, June 9 (Reuters) - Italy's free-falling birth rates and the emigration of the young and educated is a ticking "time bomb" for the country, the chairman of Italy's biggest insurer

Almost 2,000 companies and a total of 270 trade associations from across the country signed letters this week calling on Congress to pass it. The Credit Card Competition Act was recently reintroduced

Former Zappos CEO died in fire at 46 without will LAS VEGAS (KLAS) — A long-time friend and business partner of late Las Vegas entrepreneur Tony Hsieh filed a lawsuit Thursday against his estate over

June 9 (Reuters) - Apple (AAPL.O) and Amazon.com (AMZN.O) must face a consumer antitrust lawsuit in U.S. court accusing them of conspiring to artificially inflate the price of iPhones an

The White House decided to rain on Tesla’s victory parade for its connector, NACS, becoming the charging standard in North America. The government still wants some CCS connectors to be included in ord

June 8 (Reuters) - The chair of the U.S. Securities and Exchange Commission (SEC) on Thursday strongly rebutted criticism that the agency is trying to crush the crypto industry, and said

FILE - A motorist drives near the pumps at a Chevron gas station in Oakland, Calif. Tuesday, April 25, 2017. California jury has returned a $63 million verdict against Chevron after finding the oil gi

From self-service fast-food restaurant kiosks to smartphone delivery apps, there are more opportunities to tip for a wider range of services than ever before. But between the high cost of living and

UGH. We’ve been tracking the negative effect that Reddit’s decision to begin charging for access to its API has had on third-party clients including Apollo. Now the developer of the awesome iPhone and

London CNN — The 20 countries that use the euro fell into a mild recession around the turn of the year, as high inflation discouraged consumer spending and governments tightened the purse strings. I

Higher rates and overhangs from this year's banking crisis will drastically slow economic growth for the biggest global economies, the World Bank said Tuesday. The institution said advanced economies

WASHINGTON, June 7 (Reuters) - The U.S. economy is strong amid robust consumer spending but some areas are slowing down, U.S. Treasury Secretary Janet Yellen said on Wednesday, adding th

GameStop, the struggling video-game retailer, fired Matt Furlong, its chief executive officer for the past two years, and said Chairman Ryan Cohen will take on a new executive role. The shares plunged

A containership at the Port of Long Beach. (Tim Rue/Bloomberg News) [Stay on top of transportation news: Get TTNews in your inbox.] Tensions between the Pacific Maritime Association and the Internat

Bought this land with the profits of DD ????????‍☠️

The Credit Card Competition Act would allow business owners to choose the networks to process payments WASHINGTON, June 7, 2023 /PRNewswire/ -- Many consumers don't realize that each time they swipe

Senate Banking Committee Chairman Sherrod Brown (D-OH) says his panel will vote on sending a bipartisan marijuana banking bill to the floor “in the next two or three weeks.” The committee held an ini

[1/2] Banknotes of Japanese yen are seen in this illustration picture taken June 15, 2022. REUTERS/Florence Lo/Illustration LONDON, June 7 (Reuters) - Japan's negative interest rate pol

Business software monolith Salesforce is reportedly so desperate to see its employees back in the office that the company will donate a little less than the price of a McDonald’s Big Mac meal to chari

Reddit, the internet community discussion powerhouse, is cutting 90 jobs, laying off about 5% of its total employee base, as it restructure operations to position itself to break even in 2024. The jo

PIF Governor Yasir Al-Rumayyan said Tuesday on CNBC's "Squawk on the Street" that after the merger is finalized, which he expects to be "in a matter of weeks," the new board is prepared to evaluate ev

China cracks down on access to business data China cracks down on access to business data The risks of doing business in China are increasing for foreign companies. The offices of Capvision, a consu

Researchers project that 300,000 jobs will be added in the Greater Houston area by 2027. The Greater Houston area and Texas as a whole are doing better economically than other areas of the nation acc

watch now The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds, the Labor Department reported Friday. Payrolls in the publi

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email It may be healthy for the economy to see 'a little bit of a bust': Deutsche Bank Henrik

Business Checking Accounts: Small businesses should have a dedicated business checking account separate from their personal finances. These accounts offer features like low transaction fees, online ba

NEW YORK, June 5 (Reuters) - Consumers facing high asset prices and rising interest rates have a few loan options. None are particularly attractive. Buyers of homes or new cars might be

(Reuters) -Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although the company's market value remained short of an all-