Spirit Airlines announced on Monday that it has filed for bankruptcy protection, citing increasing financial losses, mounting debt, and fierce … Read the rest
Nov182024
Industries
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Red Lobster and TGI Fridays Closures Open Doors for New Tenants Across the U.S.
As popular sit-down chains like Red Lobster and TGI Fridays close locations nationwide, a variety of businesses—especially fast-food and fast-casual … Read the rest
US Stock Futures Steady Following Assassination Attempt on Trump
Market Reaction:
• Dow futures: +65 points (+0.2%)
• S&P 500 futures: +0.1%
• Nasdaq Composite futures: Unchanged
Incident Details:… Read the rest
SpaceX and Elon Musk Sued by Ex-Employees Alleging Illegal Firings Over Gender Bias Complaints
Eight former employees have filed a lawsuit against SpaceX and its CEO, Elon Musk, claiming they were illegally fired for … Read the rest
Tesla Cars Included on Chinese Government Purchase List for the First Time
For the first time, Tesla cars have been included on a Chinese government purchase list, as reported by state-owned media … Read the rest
Mortgage rates fall to their lowest level in almost three months
Mortgage rates have fallen to their lowest level since early April, providing some relief to America’s increasingly unaffordable housing market. … Read the rest
Gas Prices Significantly Lower Than Summer 2022 Highs
Two years ago, gasoline prices hit a record $5.02 per gallon nationally, a spike that shook consumer confidence, spooked investors, … Read the rest
Electric ‘Seagliders’ That Skim Over Water Could Make Ferries Obsolete
You might be used to take-offs and landings, but soon you might need to get ready to “float, foil, and … Read the rest
Biden’s Proposal to Boost EV Sales: Challenging but Feasible
The Biden administration is pushing for a significant change in auto emissions standards, aiming for electric vehicles (EVs) to constitute … Read the rest
OPEC+ Extends Oil Output Cuts Into 2025
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, announced on Sunday their decision to extend … Read the rest