Shippers have rerouted approximately $80 billion worth of cargo away from the Red Sea due to threats from Houthi militants in Yemen. Carriers are altering their routes following 15 attacks in the Red Sea since the onset of the Israel-Hamas ...
Netflix is now disclosing viewership statistics for nearly all of its shows and movies. On Tuesday, Netflix published its inaugural “What We Watched” report, which ranks nearly all of its shows and movies based on the number of hours viewed ...
As the growth of all-electric vehicle (EV) sales lags behind expectations, major automakers are increasingly turning to hybrid vehicles to meet customer demands and avoid costly penalties related to federal fuel economy and emissions standards. This shift contrasts with the ...
The National Retail Federation (NRF) has retracted a significant claim about inventory losses, commonly known as shrink, after a news investigation revealed inaccuracies in the analysis. The NRF’s retraction, announced Friday, highlights the challenges the retail industry faces in accurately ...
Lawmakers are intensifying their examination of Shein following the company’s confidential filing to go public last week. Rep. Blaine Luetkemeyer, R-Mo., a member of a key committee, has even threatened to pursue legislation that would prevent the retailer from trading ...
On Tuesday, a new study suggested that the free version of ChatGPT may provide inaccurate or incomplete responses—or no answer at all—regarding medications, potentially putting patients at risk. Researchers at Long Island University found that out of 39 questions related ...
Shares of Ulta Beauty rose in after-hours trading on Thursday after the company reported an increase in third-quarter sales. Consumers continued to spend on fragrances, skincare, and other beauty products even amid tight budgets. The specialty beauty retailer adjusted its ...
Shares of Cigna and Humana fell on Wednesday following a report that the two healthcare giants are in discussions to merge. The companies are considering a stock-and-cash transaction that could be completed by the end of this year. Such a ...
It has always been challenging for small or independent music venues to achieve profitability. Today, with elevated operating costs, many venue owners are finding it difficult to keep ticket prices reasonable for audiences and to take risks on emerging artists. ...
Ford Motor is reducing its plans for a $3.5 billion battery plant in Michigan due to slower-than-expected consumer adoption of electric vehicles (EVs), rising labor costs, and the company’s efforts to cut expenses. Ford executives, including CEO Jim Farley and ...