A man walking past a logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images The bottom of the barrel prices that have made Chinese-linked e-tailers Shein and Temu so popular with American consumers could soon rise if the Biden administration … Read more
Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Washington, US, on Thursday, Sept. 12, 2024. M. Scott Brauer | Bloomberg | Getty Images Boeing CFO Brian West said a labor strike that began Friday will hurt … Read more
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on August 24, 2024 in San Diego, California. Kevin Carter | Getty Images United Airlines said Friday that it plans to offer inflight Wi-Fi from SpaceX’s Starlink for free on its hundreds of jetliners, the biggest inflight … Read more
Here are five key things investors need to know to start the trading day: 1. Four-ward The S&P 500 marked its fourth winning day in a row Thursday, gaining 0.75%. The Nasdaq Composite did even better, rising 1%, as investors snapped up tech names, while the Dow Jones Industrial Average added 235.06 points, or 0.58%. The gains came … Read more
Embattled casino operator Star Entertainment is facing a licence cancellation and a $100 million fine after the industry regulator hit it with a show cause notice. The NSW Independent Casino Commission issued the notice on Friday, two weeks after a second probe found the Star’s Sydney licence should not be returned to the operator. The … Read more
Good morning! It’s Thursday, September 12, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 2024 Jeep Wrangler First Drive Review 1st Gear: Engine Fires Reported In Wrangler And Gladiator Trucks After Stellantis … Read more
Close-up of sign at entrance to Silicon Valley headquarters of outsourcing and freelancing company Upwork, Mountain View, California, May 3, 2019. Smith Collection | Gado | Archive Photos | Getty Images Activist investor Engine Capital has a roughly 4% stake in freelance marketplace Upwork and is pushing for a shakeup to the company’s board. In … Read more
Jeep Wagoneer S Trailhawk EV concept Michael Wayland / CNBC DETROIT — Stellantis‘ Jeep brand is well known for scaling tough terrains, but its latest challenge of achieving 1 million vehicle sales domestically by 2027 will be a steep hill to climb. Jeep, a coveted brand in the automotive industry, has been in a U.S. … Read more
Petrol prices have plummeted to a two-year low across Sydney in a major win for motorists and their household budgets. In an even bigger win, analysts believe fuel is likely to be cheaper for at least the next 12 months. WATCH THE VIDEO ABOVE: Sydney drivers ready for a cheap fuel frenzy. Know the news … Read more
In a Thursday interview with CNBC’s Jim Cramer, Signet Jewelers CEO Gina Drosos described the mood of consumers looking to buy engagement rings, saying demand is there, but many are more judicious when picking out diamonds. “We thought that engagements might come back a little faster, but there is a cautious consumer,” Drosos said. “So, … Read more
