Costco is known for its massive warehouses full of bulk consumer products and well-priced appliances, but nestled between discounted 24-packs of paper towel and giant boxes of trail mix, you’ll find something even better; cars. New York Joins California, Banning Non-Electric Vehicles After 2035 Costco members are eligible for discounts on new cars, which is … Read more
Director of National Intelligence Avril Haines testifies before the Senate Armed Services Committee May 2, 2024 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images The top U.S. intelligence official warned Congress of an alarming rise in cyberattacks at a hearing on global threats Thursday. Director of National Intelligence Avril Haines said … Read more
Apple reports earnings for the second fiscal quarter on Thursday after the markets close. The company has set investor expectations low and could surpass them even if sales growth is weak. In February, Apple said it expected sales similar to last year’s $94.84 billion during the same period and flat iPhone sales. Here’s what analysts … Read more
Omar Marques | Lightrocket | Getty Images The CEO of Trump Media urged leading House committee chairmen to investigate eight financial firms over concerns of potentially illicit short selling of DJT, whose majority shareholder is former President Donald Trump. “I believe quick action is necessary to protect retail shareholders, identify wrongdoers, and determine whether any … Read more
Photo: Mark Ralston / AFP (Getty Images) There’s rarely ever data to back up the preconceived notions we all hold about how cars look, like how we’ve all been led to believe that police pull over red cars more often than others. However, the data paints an interesting picture when it does exist. Research shows … Read more
Norfolk Southern Chief Executive Alan Shaw testifies during a Senate Commerce, Science and Transportation Committee hearing titled “Improving Rail Safety in Response to the East Palestine Derailment” in Washington, U.S., March 22, 2023. Evelyn Hockstein | Reuters Norfolk Southern-invested unions and pension funds should back activist Ancora’s full seven-director slate at the railroad’s shareholder meeting … Read more
Good morning! It’s Thursday, May 2, 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. The Hype Behind Tesla Stock Success In 2023 1st Gear: Elon Musk, Tesla Kill ‘Gigasting’ Manufacturing Process Tesla … Read more
Artists from Universal Music Group, which include Drake, Adele, Bad Bunny and Billie Eilish, will be returning to TikTok as the two parties have struck a new licensing agreement following an approximately three-month long dispute. The two sides said Thursday that they are “now working expeditiously to return music by artists represented by Universal Music … Read more
Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because it “simply had no other way to bring its spending in line with its revenue.” McCarthy, a former Spotify and Netflix executive, will become a strategic advisor to Peloton through the end of … Read more
Buy Now Pay Later (BNPL) service Afterpay has announced changes to its Terms of Service. Under the new terms, select customers will now have the option to delay their first payment. All customers will now be able to choose a day of the week to pay their instalment, rather than having the day of purchase … Read more
