Business

Explore the dynamic world of commerce and finance in our Business category. Stay informed about market trends, economic shifts, and corporate strategies. From startups to conglomerates, delve into insightful analyses, interviews with industry leaders, and comprehensive coverage of business innovations driving global markets.

Get ready, drivers: Gas prices in the region tip $3 mark

An increase in oil prices and the upcoming implementation of California’s proprietary summer blend has pushed gas above $3 a gallon across much of...

Former jewelry store workers claim sexual harassment

Scores of former workers at the company that owns popular jewelry stores such as Zales, Kay Jewelers and Jared’s Galleria, say managers promoted a...

Dow streak longest in 30 years

CaptionCloseWall Street notched another set of milestones Monday as the Dow Jones industrial average closed at a record high for the 12th consecutive time,...

Parent company of Taco Cabana, Pollo Tropical gets new CEO

CaptionCloseThe Texas-based parent company of fast-food restaurant chains Taco Cabana and Pollo Tropical has named a new CEO as it faces a potential hostile...

Taco Bell removing Naked Chicken Chalupa from menus soon

Leave it to Taco Bell to launch a buzz-worthy menu item, then rip it from the menu only a few weeks later....

The Latest: Judge: Higher fine wouldn’t help Takata victims

CaptionCloseDETROIT (AP) — The Latest on Takata's guilty plea in an investigation of dangerous air bag inflators (all times local):___5:30 p.m.A federal judge in...

Takata pleads guilty to deadly air bag scheme, will pay $1 billion

Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag...

SpaceX to fly 2 private citizens to the moon & beyond, Elon Musk announces

Hawthorne-based SpaceX will be the first private company to fly people to the moon and into deep space next year, CEO Elon Musk announced...

Coming to Charlotte’s North End: Up to 1,500 new apartments, 1.5 million square feet...

Plans filed recently with the city of Charlotte give a window into how a New York-based developer intends to redevelop a historic warehouse and...

Profit dips at IBC Bank’s parent

CaptionCloseLaredo-based International Bancshares Corp. on Monday blamed a slight decline in net interest margin for a dip in its bottom line last year.Net interest...

Here’s how much Charlotte Douglas International Airport is worth to this region

It was an event that showed just how closely Charlotte’s economic fortunes are tied to the city’s airport: Top local leaders gathered with balloons...

Plaintiffs: 5 automakers knew Takata air bags were dangerous

Plaintiffs in dozens of lawsuits against air bag maker Takata and five automakers allege the car companies knew that Takata’s products were dangerous yet...

DNAinfo axes at least five NYC editors and reporters

DNAinfo, the hyperlocal news website founded by billionaire John “Joe” Ricketts, is laying off at least five people in its New York City office.The...

Deutsche Bank slashes bonus pool by as much as 80 percent

Deutsche Bank has slashed its bonus pool by as much as 80 percent amid huge legal bills and major settlements that have sapped funds,...

CST Brands’ profits fell 28% during fourth quarter

CaptionCloseCST Brands Inc.’s profits tumbled 28 percent in the fourth quarter as it nears the completion of a merger with the Canadian parent company...

Report warns of state money fallout from law repeal

CaptionCloseWASHINGTON — A sobering report to governors about the potential consequences of repealing the Obama-era health care law warns that federal spending cuts probably...

BMO sees bond sell-off as outlook for Canada’s economy shifts | Toronto Star

Investors should brace for a sell-off in Canadian bonds because the country’s economy is doing better than most people think, according to BMO Capital...

Loyalty-program industry finds itself under a cloud | Toronto Star

MONTREAL—The value of customer loyalty programs is under increased scrutiny by companies and users in the wake of Air Miles’ recent reversal of an...

BREAKING NEWS

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Luxury Vehicle Market Analysis 2023-2032: Trends, Scope, and Forecast

The global Automotive Luxury Vehicle Market is predicted to grow at a 7.50% CAGR between 2023 and 2032, according to Market Research Future (MRFR)....

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