Ford reverses course after not including broadcast AM radio in its EVs and making plans to remove it from most new gasoline-powered vehicles starting in 2024.
: Organized retail crime is definitely a thing, says BJ’s CEO: ‘We see it, and it is material’
‘Shrink’ caused by theft and organized retail crime has been a theme of retail earnings season, says CEO Bob Eddy of BJ’s Wholesale Club Holdings Inc.
Key Words: ‘Don’t kiss your dollars goodbye just yet’: IMF chief sees U.S. dollar remaining global reserve currency
The head of the International Monetary Fund isn’t ready to write off the dollar’s role as a global reserve currency — and thinks the U.S. will avert default.
Earnings Results: Dick’s Sporting Goods outperforms rivals as athletes buy more often and spend more each trip
Stock rises more than 3% before paring those gains.
: Latest U.K. inflation data shows other central banks have more hikes to come than the Fed
The latest inflation data coming out of the U.K. shows that price pressures are lingering, and that other developed nations are further behind than the U.S. in fighting inflation.
Outside the Box: Local banks are lifeline for small business — America’s economic engine. They need government support.
If current conditions continue, small businesses will find it much more challenging to get loans and financing.
Key Words: Not enough babies and too many jobs. Why former Google CEO Schmidt says the AI job risk is overstated.
The concerns around AI and job less are overlooking one simple fact: not enough workers, says Google’s former executive Eric Schmidt.
: Mastercard rolls out its first inclusive credit card for visually impaired consumers in the U.S.
Mastercard Inc. will roll out its first U.S. credit card for visually impaired consumers, done in partnership with Citizens Financial Group.
Key Words: Verizon CEO says the wireless market isn’t such a bad business after all
In the face of slowing growth, newfound competition and heavy capital costs, Verizon CEO Hans Vestberg still sees big potential in the wireless market.
Need to Know: The backdrop for stocks is as muddy as ever — and that’s great news, says this banking giant
HSBC favors risky assets precisely because the economic outlook is unclear.
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