2 swing states show why the US is struggling to build enough houses
Rising home prices and rents are weighing on voters’ minds this election season. Renters and homeowners in the handful…
Denny’s is closing 150 locations in the latest sign of the squeeze on family dining
Denny’s CEO Kelli Valade told investors that “underperforming” stores would be shut to raise annual unit volume sales to…
Welcome to the ‘treat yourself’ economy — where skincare and long hair rule
Retail numbers and personal care spending are up in recent months. Long, flowing locks and perfectly pampered skin are…
If South Korea decides to get involved in Ukraine, it has powerful options
South Korean soldiers on parade in Seoul. South Korea threatened to send weapons and resources to Ukraine in response…
Tesla’s energy storage business was the highlight of its blowout earnings, and Elon Musk says it’s ‘growing like wildfire’
A rendering of Tesla’s Megapack battery system. Tesla has a secret weapon, and it’s not Elon Musk’s robotaxi or…
A top TikTok shopping exec explains its US growth strategy, from partnering with agencies to building up livestreaming
TikTok Shop’s US operations lead Nico Le Bourgeois presented at a company event on Wednesday. TikTok is laser-focused on…
Inside Amazon’s nuclear ambitions, its ‘Piano Man’ project, and CEO Andy Jassy’s support
In June, Amazon’s Global Energy Strategy team pitched CEO Andy Jassy the idea of doubling down on nuclear power…
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
Spirit Airlines has agreed to sell 23 Airbus jets worth an expected $519 million. Spirit Airlines’ woes are growing…
Microsoft CEO Satya Nadella’s pay soars to $79 million despite asking for a smaller bonus
Microsoft CEO Satya Nadella scored a 63% pay raise for the last financial year. Microsoft CEO Satya Nadella’s compensation…
Putin has spent years championing de-dollarization — but a new reality is setting in
Russian President Vladimir Putin played host at this year’s BRICS summit. Russian President Vladimir Putin appears to be tempering…