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Investing
UAW pushes to unionize workers at Tesla, Toyota and other carmakers
The United Auto Workers on Wednesday launched a push to unionize workers at Tesla Inc., in Toyota Motor Corp.’s U.S. operations and at several other…
Red Lobster’s endless shrimp deal was too popular, company says
It was a simple plan. Business tends to slow down at Red Lobster locations during the third and fourth quarters, so its parent company, Thai…
Fed rate-cut hopes are fueling an ‘everything rally’ on Wall Street
Most market strategists would agree those are some strange bedfellows. But the torrid November rally in stocks is starting to morph into something more frothy, analysts say, and…
GM lavishes shareholders with cash weeks after saying it couldn’t afford workers’ demands
General Motors, fresh off bruising wage negotiations with its labor union and eager to goose its stock price, announced billions of dollars’…
Tesla’s stock fought the downtrend and the downtrend won, for now
Shares of Tesla Inc. climbed enough Wednesday to test a key chart level, but then pulled back as bulls failed to make any progress. That failure means the…
Rite Aid is closing another 30 stores
Rite Aid is closing another roughly 30 locations across the US in addition to the 100 the bankrupt chain announced last month as part of its…
GM cuts spending on Cruise self-driving cars
General Motors announced Wednesday that it’s cutting spending at its self-driving car unit, Cruise.
“We expect the pace of Cruise…
Identity management company Okta reveals far more extensive hack of its systems
A September hack of popular identity management firm Okta was far more extensive than previously known and saw the hackers steal data on all…
What Charlie Munger’s Death Means for Berkshire Hathaway and Its Stock
Charlie Munger was a crucial partner for
Berkshire Hathaway
CEO Warren Buffett. But his death Tuesday isn’t likely to have much impact on…