BlackRock quarterly profit slips on lower fee income
Assets under management stood at $8.59 trillion at the end of the quarter, down from a little more than $10 trillion a year earlier but up from $7.96 trillion in the third quarter.
Tesla cuts prices on models sold in the US: report
Tesla is reportedly cutting prices on U.S. models, bringing them under a cap that helps them qualify for a $7,500 government tax credit.
LG recalls 52K free-standing TVs due to tip-over, entrapment hazards
LG Electronics issued a recall for 52,000 LG 86-inch smart televisions and stands that were sold nationwide and online are being due to "serious tip-over and entrapment hazards."
Lacoste owner looks to snap up more brands as sales surge
Lacoste is looking to acquire other upmarket brands and expand its appeal to young consumers through crowdsourced and decentralized designing of its clothing.
EV start-up Lucid beats production target, struggles to deliver cars
In 2022, Lucid Motors overcame production targets despite supply-chain snarls but still lagged rivals like Tesla and Rivian in proportionate delivery of EVs.
Russian car sales down 58.8% in 2022 as sanctions hit auto industry hard
Car sales in Russia collapsed by 58.8% in 2022, the Association of European Businesses (AEB) said on Thursday.
Group of athletes, including Bengals' Joe Burrow, Bucks' Khris Middleton, invest in Iowa farm
A group of around two dozen athletes, including Cincinnati Bengals quarterback Joe Burrow and Milwaukee Bucks small forward Khris Middleton, have acquired a northern Iowa farm.
House passes bill banning oil sales from Strategic Petroleum Reserve to China and companies it controls
The House passed the Protecting America's Strategic Petroleum Reserve from China Act to ban the sale of oil from the SPR to entities controlled by the Chinese government.
Disney divided? Rich Greenfield analyzes Nelson Peltz taking on Bob Iger's kingdom
LightShed Ventures partner Rich Greenfield reacts to activist investor Nelson Peltz vying for a seat on Disney's board as the media industry experiences a 'dramatic change' in viewing behavior.
Elon Musk's Starlink delivers free inflight Wi-Fi to JSX charters
JSX co-founder and CEO Alex Wilcox discusses how the FAA outage affected the semi-private jet carrier and the company's deal with Elon Musk's Starlink on 'The Claman Countdown.'
Home Depot soon changing how it pays hourly employees
Home improvement retailer Home Depot is making a nationwide change to how it pays hourly employees next week. The move was first reported by Business Insider.
Walmart partners with Salesforce to sell its delivery tech to retailers
Walmart and Salesforce announced a new partnership Thursday which will allow Walmart to sell its delivery and pickup technology to more retailers. Its
Starbucks CEO mandates corporate employees return to the office at least three days a week
Starbucks CEO Howard Schultz is mandating that employees return to the office at least three days a week starting Jan. 31, according to a new memo.
Porsche sets a sales record in 2022 despite EV drop
Porsche sold 309,884 vehicles around the world in 2022, which was up 3% from the prior year despite ongoing supply chain issues that limited production.
FAA’s lack of a backup plan is ‘absolutely ridiculous’: Sal Lagonia
JD Aviation attorney Sal Lagonia discusses the FAA system outage, Transportation Secretary Pete Buttigieg's handling of multiple transportation failures and the NOTAM system name change.
Subway explores sale of sandwich chain
Subway could be looking at a sale of the sandwich chain after retaining advisers to explore that option.
December inflation report likely to show prices eased further but remain high
The CPI likely remained painfully high in December as inflation remains near a 40-year high, continuing to inflict financial pain on millions of Americans.
Tesla applies for $776M expansion of Texas gigafactory
Tesla is investing nearly $776 million to expand its gigafactory in Texas despite a rough year for the company that included a plummeted stock price and production snags.
LVMH shuffles leadership at Louis Vuitton, Dior
LVMH shifts Beccari as leader of Dior to Louis Vuitton, moves Bernard Arnault's daughter to CEO of Christian Dior, and Louis Vuitton CEO Burk to an advisory role,
Aviation expert blasts Washington, FAA over outage: Congress knew about potential NOTAM failure for years
Aviation attorney Sal Lagonia argued Washington lawmakers knew about the potential failure of the FAA's NOTAM system and called on Pete Buttigieg to prioritize fixing the problem.



















