As we look towards 2025, the landscape for U.S. car dealers is marked by a blend of cautious optimism and underlying anxiety. A recent report from Cox Automotive highlights a significant increase in the optimism levels among dealers, notably propelled by the idea of a President-elect Donald Trump administration. This renewed enthusiasm should not overshadow
Business
In recent years, women’s professional sports, particularly basketball, have gained unprecedented attention and resources, culminating in the launch of the Unrivaled league. As a 3×3 women’s basketball league, it’s not just a new opportunity for players; it signifies a cultural shift in how women’s sports are valued and supported. Unrivaled’s recent multiyear partnership with Under
In a significant development for the automotive industry, Tim Kuniskis is making a comeback at Stellantis as the head of the Ram Trucks brand. This return marks a moment of transformation within the company, especially following the unexpected resignation of CEO Carlos Tavares. Tavares’ exit has prompted a critical evaluation of Stellantis’ strategies, particularly concerning
Ulta Beauty recently delivered a surprisingly robust performance for its fiscal third quarter, surpassing Wall Street’s expectations and demonstrating its resilience in an increasingly competitive beauty market. On Thursday, the retailer reported earnings of $5.14 per share, eclipsing the consensus estimate of $4.54. Additionally, their revenue of $2.53 billion was above the anticipated $2.50 billion.
In a significant legal development for the aviation industry, U.S. District Judge Reed O’Connor recently dismissed Boeing’s proposed plea deal linked to criminal fraud related to the catastrophic crashes of its 737 Max aircraft. This article delves into the implications of the judge’s ruling, the context surrounding the fraud charge, and the reaction from various
In an increasingly competitive market, U.S. airlines are facing heightened scrutiny regarding their supplement fees, particularly for seat selection. Airline executives are scheduled to address a Senate panel amidst allegations that these fees are mere “junk.” According to a report from the Senate Permanent Subcommittee on Investigations, the major airlines—including American, Delta, United, Spirit, and
British automotive icon Jaguar recently took a significant step into the electric vehicle market with the unveiling of its all-electric concept car, the “Type 00.” This introduction, presented with high anticipation, marks not just a vehicle reveal but a pivotal moment for a brand steeped in a rich heritage of luxury and performance. The strikingly
In a surprising turn of events, Carlos Tavares, the CEO of Stellantis, has stepped down, igniting speculations about the future of one of the largest automotive manufacturers in the world. The decision, made by the Stellantis board and made public on Sunday, is reportedly due to “different views” between Tavares and the board of directors.
As we approach the holiday season, retailers are poised to capitalize on consumer spending, yet the landscape reveals a stark dichotomy between success and disappointment. While some brands thrive, others are grappling with disappointing sales figures and uncertain forecasts. This article dissects the current retail outlook, examining the factors affecting sales performance and the strategies
As the film industry continues to navigate the waves of post-pandemic recovery, this Thanksgiving holds a promise of rekindling theater attendance, bolstered by a strong lineup of major film releases. Leading the charge is Disney’s much-anticipated sequel, “Moana 2,” an exploration of Polynesian culture that captures the hearts of families. Accompanied by Universal’s adaptation of