Latest in Carvana’s stock soars 20% as used car retailer calls for better times ahead
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The Year Ahead
There’s an empty calendar spread out before us. What meaning will we give to it?The New York Times - 17h -
Will ‘pet tech’ products appeal as cost of animal ownership soars?
Accessories include doggy sunglasses and feline ‘Fitbits’ — but there’s a contradiction at the heart of the petcare boomFinancial Times - 1d -
What Car Sales Can Tell Us About the U.S. Auto Market Right Now
Demand for pickup trucks and hybrid vehicles helped automakers increase deliveries, but challenges loom for 2025.The Wall Street Journal - 1d -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - 1d -
Why it's time to tweak your investments after lofty stock returns in 2024
Investors may need to tweak their portfolio holdings following a 23% gain in the S&P 500 index in 2024.CNBC - 1d -
Hindenburg Research shorts Carvana, calling company's turnaround a 'mirage'
The report centers on Carvana's practice of loan sales as well as the business relationship between CEO Ernie Garcia III and his father, Ernest Garcia II.CNBC - 1d -
Turo, the Car-Share App Used in Two Attacks, Is No Stranger to Safety Concerns
After rented vehicles rammed into a crowd in New Orleans and exploded in Las Vegas, some users say a reckoning of the firm’s practices is overdue.The Wall Street Journal - 2d -
Retail investors never had so many ways to invest. What’s at stake in 2025.
New technology can make investing easier — or more complicated — for retail investors.MarketWatch - 16h -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - 16h -
These are the space stocks to watch in 2025
After a big year for SpaceX — and one of misfortune for Boeing — here’s what to expect in the new year.MarketWatch - 17h -
This factor makes 11 stocks look like better bargains even after they soared in 2024
Some stocks’ price-to-earnings valuations declined even as they outpaced the S&P 500’s big gain.MarketWatch - 18h -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - 1d -
What to know about Turo, the car rental app used in New Orleans attack and Las Vegas bombing
The car rental app Turo is working to understand how two of its vehicles were used in the deadly New Orleans attack and Cybertruck bombing in Las Vegas. The Tesla Cybertruck that exploded outside ...CBS News - 1d -
US stocks rally to shake off new year jitters amid light trading
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6Financial Times - 1d -
Shares of alcohol makers fall after US official calls for cancer warnings
Surgeon-general calls for more prominent warning labels on drinks to raise awareness of the linkFinancial Times - 1d -
Trump called 2 last-minute GOP ‘yes’ votes ahead of Johnson's victory
President-elect Trump called two of the final Republican holdouts before they switched their votes in support of Speaker Mike Johnson (R-La.), sources told The Hill, underscoring the incoming ...The Hill - 1d -
Vehicle Ramming Attacks: Using Cars and Trucks as Weapons Has Become Common
A New Year’s Day attack in New Orleans killed at least 15 people.The New York Times - 1d -
Here are the reasons not to worry too much about short-seller report on Carvana, according to these analysts
J.P. Morgan says its own deep dives on Carvana have not uncovered “any red flags.”MarketWatch - 1d -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - 1d -
Nick Clegg leaves Meta ahead of Trump's return as US president
He will be replaced by Republican Joel Kaplan, a former White House deputy chief of staff under President Bush.BBC News - 1d -
Carvana slammed by Hindenburg, and the stock pauses its meteoric rise
Carvana Co. stock closed about 2% lower on Thursday after a scathing short-seller report called the company’s turnaround a “mirage,” after initially adding to gains that have topped 300% in the ...MarketWatch - 2d -
New Orleans had top-of-the-line barriers to prevent car attacks — but didn't use them on New Year's
New Orleans had access to effective anti-vehicle barriers ahead of the Bourbon Street attack on New Year’s Eve revelers that killed at least 14 people and wounded dozens more.NBC News - 2d -
What's Turo? The 'Airbnb of cars' was used in New Orleans and Las Vegas incidents
An online car rental service is under scrutiny after it was used in two incidents Wednesday.NBC News - 2d -
The tricky year ahead for Labour
The spending review, an industrial strategy and housing present big challenges for the governmentFinancial Times - 2d -
What is Turo? Car rental app used in New Orleans and Las Vegas
Turo, a San Francisco-based company founded in 2010, operates differently from traditional car rental services.The Hill - 2d -
We're selling this stock for the first time in a year, locking in a nearly 1,000% gain
The last time we trimmed this stock was Jan. 2, 2024.CNBC - 2d -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - 3d -
South Korean investors pile into US equities as domestic stock market languishes
Retail investors expect Trump rally to continue and Tesla is a favourite with Musk praising country’s ‘smart people’Financial Times - 3d -
What's ahead for Oregon: It's time for player development to eclipse transfer portal as Ducks' modus operandi
Oregon must also replace Dillon Gabriel as it moves forwardCBS Sports - 3d -
What to know about the car-renting app used in the Las Vegas and New Orleans attacks
The car-renting app Turo is in the spotlight after both the cars used in the New Orleans and Las Vegas attacks on New Year's Day were rented through the company. In New Orleans, a pickup truck ...The Hill - 3d -
Things have to get worse to get better
Voters can’t be sold on change until their nation is in acute troubleFinancial Times - 3d -
‘It Ends With Us’ Actor and Director and His Publicists Sue The Times for Libel
Justin Baldoni claims that The Times defamed him and his team in an article about the actress Blake Lively’s allegations that she had been the victim of a smear campaign.The New York Times - 3d -
Justin Baldoni Sues New York Times, Escalating Feud Involving 'It Ends With Us' Co-Star Blake Lively
A recent Times article detailed an alleged smear campaign involving film’s director and his publicists.The Wall Street Journal - 4d