Volkswagen Plans Global Job Cut Of Up To 100,000 Amid Costs Pressures
Volkswagen Group is considering cutting up to 100,000 jobs globally as it seeks to reduce costs after a year of shrinking profits and tougher...
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AI Boom Fuels Bay Area Luxury Homes Above Asking By $1 Million In June
The AI boom is driving intense bidding in San Francisco’s luxury housing market, with 44 homes closing at least $1 million above final asking...
Delta Expects Higher Airfare To Last, Bringing 2026 Profit Goal In Reach, CEO Says
Delta Air Lines reported solid Q2 results with adjusted earnings of $1.56 per share on $17.67 billion revenue, reaffirming 2026 targets as it signals...
Used EV Prices Rise Again as Iran Conflict and Gas Costs Boost Demand
Used EV prices climb as high gas costs and Iran-related tensions support demand for pre-owned electric vehicles, with the Manheim index up sharply and...
PetSmart’s Only San Francisco Store Set To Close Amid Online Shopping Shift
PetSmart confirms it will close its sole San Francisco location on July 19, citing the growing role of online shopping, autoship, and same-day delivery...
PepsiCo Faces Mixed Q2 2026 Results as U.S. Budgets Tighten
PepsiCo reported mixed Q2 2026 results, with international demand lifting revenue while North American volumes lagged as consumer budgets tightened amid rising inflation and...
Buffett Halts Donations To Gates Foundation, Redirects Berkshire Stock To Family Foundations
Warren Buffett is ending donations to the Gates Foundation and redirecting Berkshire Hathaway stock to four Buffett family foundations, with the transfer to be...
Twelve States File Suit to Block Paramount–WBD Merger Over Antitrust Concerns
A coalition of twelve state attorneys general filed a lawsuit to block the Paramount Skydance acquisition of Warner Bros.
Chipotle Opens First Restaurant in Mexico Under Alsea Partnership
Chipotle opens its first restaurant in Mexico in Monterrey under its development agreement with Alsea, planning a broader rollout and Mexico City expansion in 2027.
California Leads Lawsuit to Block Paramount Warner Bros Mega Merger
Twelve states, led by California, have filed a lawsuit to block the Warner Bros and Paramount merger, arguing it would curb competition, raise consumer...