DIRS.INFO The most relevant business & tech news

☆ Buick, GM’s low-key pseudo-luxury brand, is suddenly hot
▼ + stars: | 2024-04-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

In the 21st Century, though, Buick, which celebrates its 125th anniversary this year, has been a quiet spot in GM’s North American brand strategy. Last year, Buick sales rose more than 60% in the US compared to 2022. The Buick Envista introduced last summer is, essentially, a modified version of the well-received Chevrolet Trax, GM’s cheapest crossover SUV. The 1938 Buick Y Job is generally considered the auto industry's first "concept car." Last year, Avenir models, which get some fancier interior materials, more features, and distinctive paint colors, made up almost a third of Buick sales, the highest levels yet, Aldred said.

Persons: Louis Chevrolet, “, it’s, ”, Ivan Drury, Jason Barlow, Envista, Bob Boniface ,, Duncan Aldred, Drury, It’s, Buick, that’s, Aldred Organizations: CNN, Buick, GM, Riviera, Chevrolet Trax, GMC, Chevy, Cox Automotive, Cadillac, General Motors, Liverpool Locations: GM’s, China, the, America, Europe

☆ You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks
▼ + stars: | 2024-04-25 | by ( Nora Naughton | ) www.businessinsider.com time to read: +4 min

Screenshot of used Tesla listing from Hertz Car Sales website. Hertz Car SalesIt's a screaming deal for shoppers in the market for a used Tesla or any budget-minded EV shopper, a demographic slowly making up most of the electric car market. AdvertisementMileage and battery usageA used Tesla that has been in a rental fleet is likely to used much more frequently than one that's been personally owned. You can see that in the difference in mileage when you look on Kelley Blue Book for a used Model 3. Screenshot of a used Tesla Model 3 listing on KBB Business InsiderAnother $20,125 Model 3 we found on the Hertz website in January, a 2021 model, was listed with 92,789 miles.

Persons: —, Hertz, Kelley, Tesla, iSeeCars Organizations: Service, Hertz, Business, Tesla, KBB, EV, quicken Locations: Southeast Michigan

☆ Meghan Markle and Prince Harry's Huge Business Deals Keep Flopping
▼ + stars: | 2024-04-18 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

Prince Harry and Meghan Markle seem like lovely people. Netflix dropped "Pearl," an animated children's series Meghan created through her and Harry's production company, Archewell Productions, before it even premiered. The audio-streaming company signed a deal with Harry and Meghan in 2020 reportedly worth $20 million. As Michael Pachter, a managing director at Wedbush Securities who's covered movies, entertainment, and tech for two decades, explained, it's because they've still got that $100 million deal. A public breakup with Meghan and Harry may also be a mess Netflix doesn't want to deal with.

Persons: Prince Harry, Meghan Markle, Duke, Duchess, Meghan, Harry, didn't, Michael Pachter, Wedbush Securities who's, they've, Michelle Obama, Ryan Murphy, Shonda, Pachter, there'll, Markle, Harry won't, They're, Jason Bateman, Will Arnett, Sean Hayes, Joe Rogan's, Magic Johnson, Chevy, Reese Witherspoon, LeBron James, Alicia Silverstone, Nicolas Cage, Demi Moore, Gayle King, Charles Barkley, She's, TIG, Emily Stewart Organizations: Netflix, Florida ., Archewell Productions, Street, Spotify, Wedbush Securities, Chevy Chase, Media, Hollywood, CNN, Archewell, Business Locations: Sussex, Florida, Plenty, British

☆ Golf movies: From cult classics to charming comedies, what happened when the sport got the Hollywood treatment
▼ + stars: | 2024-03-29 | by ( Ben Morse | ) edition.cnn.com time to read: +9 min

The plot revolves around a high school student – played by Michael O’Keefe – and his journey to obtain a college scholarship. ‘Happy Gilmore’Arguably one of the most famous sports films of all time, ‘Happy Gilmore’ is an all-time classic. The movie tells the story of the journey of Happy Gilmore – played by Adam Sandler – from failing ice hockey player to golf phenom after discovering his natural gifts on the course. Sandler's character in 'Happy Gilmore' battles to save his grandmother's house as well as adjusting to a new sport in golf. “With ‘Happy Gilmore,’ the funny thing is that there are so many non-golfers who would know what the ‘Happy Gilmore swing’ is or they’ve watched the film,” Boulden told CNN’s Living Golf in 2021.

Persons: –, Michael O’Keefe –, Elihu Smails, Ted Knight, Al Czervik, Rodney Dangerfield, greenskeeper –, Bill Murray –, Chevy Chase, ‘ Caddyshack, ’, Kenny Loggins –, Woods, ‘ Happy Gilmore, Happy Gilmore –, Adam Sandler –, Gilmore, acclimatize, Happy Gilmore, Shooter McGavin, Sandler, Christopher McDonald, Amy Boulden, ” Boulden, it’s, they’ve, Boulden, Happy Gilmore ’, Kevin Costner, Rene Russo, ‘, Costner’s Roy ‘, McAvoy –, Molly Griswold –, Russo –, Griswold, David Simms, Costner, Don Johnson, McAvoy, Eddie Pepperell, caddie, Romeo Posar, Cheech Marin, Posar, Maurice Flitcroft –, Mark Rylance –, Maurice Flitcroft, Mark Rylance, Catana Starks, Starks, Taraji P, Henson, Jason Kempin Organizations: CNN, Bushwood Country, Smails, ESPN, CNN Sport, European, Hollywood, BBC Films, British Film Institute, Tennessee State University, National Black College, Hall of Fame Locations: Texas, British

☆ 5 Black Country Artists on Beyoncé's 'Cowboy Carter'
▼ + stars: | 2024-03-28 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +16 min

Just one week later, it topped the Hot 100, even though some country radio stations initially refused to play it. Many Black artists creating country music have already seen major boosts in streaming numbers. "There are a lot of Black people who love country music, that have been afraid to say that they love country music, even afraid to make country music." Ice breakers: In the six weeks since Beyoncé dropped the two lead singles from "Cowboy Carter," Shaboozey has felt a palpable uptick in attention surrounding Black country artists. Listen to a roundup of key tracks by Black country artists on Business Insider's Spotify.

Persons: Lil Nas, Beyoncé, Carter, It's, she's, Pablo, Don, gatekeepers, Billboard's Kyle Denis, Cowboy Carter, Tanner Adell, Chase Foster, Tanner, Adell, Josh Turner, Shania Twain, Texas, doesn't, Queen Bey, Buckle, Luke Combs, Daniel Prakopcyk, Shaboozey, Collins Chibueze, Southern, Marty Robbins, Woody Guthrie, I've, Kashus Culpepper, Buffalo Kin, Valerie June, Brittany Howard, Breland, Henry Ammann, Nelly, Tim McGraw, Daniel Gerard Breland, Nashville darlings, Thomas Rhett, Keith Urban, Blanco Brown, Blanco, Brown, Tim McGraw's, he's, He's, Tiera Kennedy, Alexa Campbell, Tiera, Kennedy, Dolly Parton, Johnny Cash, who've Organizations: Chicks, Business, Dallas Cowboys, Buffalo, BI, Nashville, LaFace Records, Buffalo Wild Wings, Spotify Locations: Texas, Houston, Nashville, Kentucky, California, Wyoming, Church, Star Valley , Wyoming, Plano, Beverly, Virginia, America, New Jersey, Atlanta, Butler , Georgia, Alabama

☆ Driving With Mr. Gil: A Retiree Teaches Afghan Women the Rules of the Road
▼ + stars: | 2024-03-16 | by ( Miriam Jordan | ) www.nytimes.com time to read: 1 min

“Go, go, go” said her driving instructor, as she slowed down through an open intersection. Don’t stop.”Her teacher was Gil Howard, an 82-year-old retired professor who happened upon a second career as a driving instructor. In Modesto, Calif., he is the go-to teacher for women from Afghanistan, where driving is off limits for virtually all of them. In recent years, Mr. Howard has taught some 400 women in the 5,000-strong Afghan community in this part of California’s Central Valley. Gil,” as he is known in Modesto, more Afghan women likely drive in and around the city of about 220,000 than in all Afghanistan.

Persons: ”, Gil Howard, Howard, Mr, Gil Locations: Modesto, Calif, Afghanistan, Central Valley

☆ Trade Tracker: Amy Raskin trims Nvidia
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Amy Raskin trims NvidiaAmy Raskin, CIO at Chevy Chase Trust, joins CNBC's "Halftime Report" to explain why she's trimming Nvidia.

Persons: Amy Raskin Organizations: Chevy Chase Trust

☆ Trade Tracker: Amy Raskin trims Berkshire
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Amy Raskin trims BerkshireAmy Raskin, Chevy Chase Trust CIO, joins CNBC's 'Halftime Report' to explain why she's buying American Express, Natera, Accenture and trimming Berkshire, Costco Vertex Pharma and Regeneron.

Persons: Amy Raskin Organizations: Chevy Chase Trust, American Express, Accenture, Costco Vertex Pharma Locations: Berkshire

☆ GM cuts Chevy Blazer EV price as sales restart following software issues
▼ + stars: | 2024-03-08 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

Scott Mlyn | CNBCDETROIT — General Motors is reducing the price of its new Chevrolet Blazer EV by thousands of dollars as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues. Current 2024 Blazer EV models will start at $50,195, or $6,520 less than when it first went on sale in August. "There is not this singular, predominant root cause that causes all of these issues," Cetinok told CNBC during an interview. Still no Apple CarPlayIn addition to fixing the software issues, GM added or changed some features following early customer feedback. More expensive "RS" models of the Blazer EV will be reduced by $5,620 to starting prices of $54,595 for all-wheel drive, or $56,170 for rear-wheel drive.

Persons: Scott Mlyn, Baris, Cetinok, Price Organizations: Electric, CNBC DETROIT —, Motors, Chevrolet, GM, CNBC, Apple, Blazer SS EV, Android Auto, Blazer, Apple Inc

☆ General Motors recalls nearly 820,000 pickup trucks
▼ + stars: | 2024-03-02 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

New York CNN —General Motors is recalling nearly 820,000 pickup trucks over a potential safety issue involving tailgates. General Motors did not immediately respond to CNN’s request for comment. General Motors said it received one complaint of minor injury and three of minor property damage. Dealers will replace the exterior switch that opens the tailgate with material that is more water resistant. General Motors said it will begin letting customers know whether their car is affected on March 18.

Persons: Motors, General Motors Organizations: New, New York CNN —, Silverado, GMC, General Motors, General, Dealers Locations: New York, GMC Sierra, United States, Canada

DAYTONA BEACH, Fla. (AP) — Ford swept the front row in qualifying for the Daytona 500 with former race winners Joey Logano and Michael McDowell shocking powerhouse Hendrick Motorsports. Superspeedway qualifying is 100 percent the car,” said Logano, who won the first Daytona 500 pole for Team Penske. Logano turned a lap of 181.947 mph as the 2015 Daytona 500 winner earned his first pole since Atlanta last year. Larson was third in a Chevrolet after Hendrick drivers had won three straight Daytona 500 poles heading into Wednesday night. Dillon won the Daytona 500 in 2018.

Persons: — Ford, Joey Logano, Michael McDowell, ”, Logano, “, ” Hendrick, Kyle Larson, McDowell, Larson, Hendrick drivers, Austin Cindric, Chase Elliott, William Byron, Richard Childress, Austin Dillon, Kyle Busch, Ross Chastain, Harrison Burton, Dillon, Anthony Alfredo, Beard, David Ragan, Jimmie Johnson, Alfredo, ” Ragan, “ It's, I've, Ragan, Erik Jones —, Johnson, —, “ I’ve Organizations: DAYTONA, Hendrick Motorsports, Team Penske, Ford, Atlanta, Row, Hendrick, Penske, Trackhouse Racing, Wood Brothers, Beard Motorsports, RFK Racing, Motor, Chevrolet, Toyota Locations: Fla, Logano, Camaros, Chevrolets

☆ These stocks are expected to see sharp gains, boosted by analysts lifting their 2024 earnings estimates, Jefferies says
▼ + stars: | 2024-02-06 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Jefferies is eying a collection of stocks that could be poised for a breakout, and analysts are already increasing their earnings estimates for them. Stocks have seen higher 2024 earnings estimates over the past three months. SN YTD mountain SharkNinja stock. Analysts remain optimistic on the stock, however, with estimates rising on average by roughly 5% over the past three months. Earnings estimates have risen on average by more than 15% over the past three months.

Persons: Jefferies, Stocks, SharkNinja, Guggenheim, Steven Forbes, — CNBC's Michael Bloom Organizations: Federal, Jefferies Equity Research, Jefferies, Wall, GMC, Chevy, Motors, Entertainment Locations: LSEG

☆ An ex-finance trader launched a mobile coffee business and grew its sales by over 550% — she shares the 3 strategies that made her truck a household name in Phoenix
▼ + stars: | 2024-02-05 | by ( Bella Sayegh | ) www.businessinsider.com time to read: +8 min

Devon McConville is a former day trader who owns First Place Coffee, a Phoenix-based coffee truck. Now, McConville runs a beloved fixture of the Phoenix drink scene: First Place Coffee, a coffee vendor on wheels. First Place Coffee serves specialty coffee and espresso drinks from a 1970 Chevy P10 truck that regulars know as "Matilda." "I really had this vision to really create a community around a mobile coffee business," McConville said. "It seems really small, to own and operate a mobile coffee business, but I think it really has a large effect that radiates out from it," McConville said.

Persons: Devon McConville, McConville, —, Matilda, Alexandra Cocca McConville, Terrence Murtagh, Murtagh, Elizabeth Chung, Chung, Instagram, Bella Sayegh, Austin Hogland, they've, Kaytee Hogland, We're, she's Organizations: Service, Coffee, BI Locations: Devon, Phoenix, Austin

☆ Meet a single mom who quit driving for Uber and Lyft after she made $103,000 in 2022 but only took home $19,000
▼ + stars: | 2024-02-03 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Genesis, 33, made $103,000 in gross earnings in 2022 driving for Uber and Lyft driving nearly every day. She also thought it would be a better city to raise her kids as a single mother. Genesis and other single parents said they're not pulling in enough from driving and are being forced to look to other industries. She had to work nearly every day to make over $103,000 in 2022, though expenses added up fast. AdvertisementWhat's keeping her afloat now is entertainment work as a staffing solutions person, helping clients find bartenders, waitresses, and other staff for parties and events.

Persons: Uber, She's, they're, Orlando, Genesis, Lyft, It's, she's, hasn't, it's Organizations: Service, Business, Ford Expedition, Orlando, BI, Chevy, Hartsfield, Jackson Atlanta International Airport, SAG Locations: Orlando, Atlanta, Florida

☆ G.M. Profits Hurt by Unsold Electric Vehicles and Strike
▼ + stars: | 2024-01-30 | by ( Neal E. Boudette | More About Neal E. Boudette | ) www.nytimes.com time to read: +1 min

has also struggled to produce such vehicles in large numbers because of manufacturing problems with a new battery technology the company calls Ultium. has also pared its electric vehicle ambitions. expected to produce 400,000 electric vehicles by the middle of 2024, but consumers have not flocked to battery-powered cars as fast as auto executives expected. sold more than 19,000 electric vehicles, but most were Bolts, which are no longer being produced and used an older battery technology. Only about a third of the electric vehicles that were sold used the newer battery packs produced at a factory in Ohio that G.M.

Persons: Ultium, G.M Organizations: Ford Motor, Chevy, LG Locations: Ohio

SAN BERNARDINO, Calif. (AP) — Prosecutors filed murder charges Tuesday against five suspects in the fatal shootings of six men at a remote dirt crossroads in the Southern California desert after what investigators said was a dispute over marijuana. The suspects each face six felony counts of murder with a special circumstance allegation of multiple murders, the San Bernardino County District Attorney's Office said in a statement. “This mass murder, done in a dark secluded desert, clearly illuminates the violence and crime that exists as a direct consequence of illegal marijuana operations,” District Attorney Jason Anderson said in Tuesday's statement. San Bernardino County Sheriff Shannon Dicus said Monday that the bodies were found in an area known for black market cannabis about 50 miles (80 kilometers) northeast of Los Angeles. Dicus said in 2023 his department served 411 search warrants for illegal marijuana grow sites countywide and recovered 655,000 plants and $370 million.

Persons: — Prosecutors, Jose Nicolas Hernandez, Toniel Beaz, Duarte, Mateo Beaz, Jose Gregorgio Hernandez, Jose Manuel Burgos Parra, Toniel Beaz Duarte, Mateo Beaz Duarte, Office didn't, Michael Warrick, Warrick, Jason Anderson, Bernardino County Sheriff Shannon Dicus, Dicus, Baldemar Mondragon, Franklin Noel Bonilla, Kevin Dariel Bonilla, Franklin Bonilla Organizations: BERNARDINO, Calif, —, San, San Bernardino County, Attorney's, Public, Office, Authorities, El, Trailblazer, Bernardino County Sheriff Locations: Southern California, San Bernardino, San Bernardino County, ”, Bernardino County, Los Angeles, Apple, Los Angeles County, Albarran, Adelanto, Hesperia, California, Riverside County

☆ GM unveils 2025 Chevy Equinox with new rugged design, standard heated seats
▼ + stars: | 2024-01-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

In this article GM Follow your favorite stocks CREATE FREE ACCOUNTThe 2025 Chevrolet Equinox RS. ChevroletDETROIT — General Motors is redesigning its gas-powered Chevrolet Equinox crossover to look more rugged than its predecessors in an attempt to move the vehicle upmarket and attract new buyers. The 2025 Equinox, which GM revealed Tuesday, will feature additional standard safety and convenience features. The 2025 Chevrolet Equinox RS. ChevroletThe 2025 model will have heated seats and a heated steering wheel standard on all models — a first for the Equinox and many mainstream brands.

Persons: Brad Franz, Franz, we've Organizations: Chevrolet DETROIT —, Motors, GM, Chevrolet

☆ Parcel delivery firm faces PR nightmare after AI-powered chatbot cusses and mocks the company
▼ + stars: | 2024-01-20 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

The bot used inappropriate language in a customer support exchange and criticized the company. AdvertisementParcel delivery firm DPD have replaced their customer service chat with an AI robot thing. pic.twitter.com/aq4wDitvQW — Chris Bakke (@ChrisJBakke) December 17, 2023The AI element supplements human customer service, a DPD spokesperson told Business Insider. The spokesperson told BI: "We are aware of this and can confirm that it is from a customer service chatbot. In addition to human customer service, we have operated an AI element within the chat successfully for a number of years.

Persons: —, chatbot, Ashley Beauchamp, ingle Organizations: Service, BBC, Business, ust Locations: uman

☆ Electric Car Owners Confront a Harsh Foe: Cold Weather
▼ + stars: | 2024-01-17 | by ( Emily Schmall | Jenny Gross | ) www.nytimes.com time to read: 1 min

With Chicago temperatures sinking below zero, electric vehicle charging stations have become scenes of desperation: depleted batteries, confrontational drivers and lines stretching out onto the street. Mr. Spencer, 27, said he set out on Sunday for a charging station with 30 miles left on his battery. Within minutes, the battery was dead. “When I finally plugged it in, it wasn’t getting any charge,” he said. Recharging the battery, which usually takes Mr. Spencer an hour, took five hours.

Persons: ”, Javed Spencer, Uber, Bolt, Spencer Locations: Chicago

☆ 10 years in, GM CEO Mary Barra has built her legacy on change and crisis. 2024 will be no different
▼ + stars: | 2024-01-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +12 min

In this article GM Follow your favorite stocks CREATE FREE ACCOUNTMary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022. GM's EV sales last year totaled 75,883 units, or 2.9% of the company's overall sales. However, a vast majority of GM's EV sales were from its now-discontinued Chevrolet Bolt models. Mary Barra, GM chair and CEO, speaks during the unveiling of the Cadillac Celestiq electric sedan in Los Angeles, Oct. 17, 2022. General Motors CEO Mary Barra testifies during a House Energy and Commerce Committee hearing on Capitol Hill in Washington, April 1, 2014.

Persons: Mary Barra, Mary Barra's, Barra, She's, Tesla, Michelle Krebs, Warren Buffett's Berkshire, EVs hasn't, Frederic J, Brown, there's, Cruise, Cruise's, Jeff Kowalsky, Darryll Harrison Jr, Mary, Barra's, Dan Akerson, Dan Ammann, Mark Reuss, Steve Fecht, Stephanie Brinley, they've, Lyft, David Einhorn's, Einhorn Organizations: General Motors, New York Stock Exchange, NYSE DETROIT, Detroit, GM, Wall, U.S, EV, Cox Automotive, Warren Buffett's Berkshire Hathaway, —, Hyundai, Kia, Bolt, EVs, Cadillac, AFP, Getty, Honda Motor, Automotive Press Association, Bloomberg, Cruise, CNBC, GM Renaissance Center Global Headquarters, P Global Mobility, Apple, Google, Energy, Commerce, Capitol Locations: Los Angeles, North America, Barra, San Francisco, Detroit, Washington

☆ Chevy Blazer Troubles Add to GM’s EV Growing Pains
▼ + stars: | 2024-01-14 | by ( Mike Colias | ) www.wsj.com time to read: 1 min

The Chevrolet Blazer’s turbulent rollout is the latest setback as GM seeks to establish itself as an EV player. Photo: jim lo scalzo/ShutterstockAs one of the nation’s first owners of General Motors ’ new electric Chevrolet Blazer, James Hattin was loving the SUV—before the problems began. On a trip from the mountains back to his home in Burbank, Calif., he and his wife heard weird clicking noises coming from the dashboard. A short time later, the cruise control went out. A few days after that, in his driveway, the car’s screens went blank and the car wouldn’t start.

Persons: jim lo, James Hattin Organizations: General Motors, Chevrolet Locations: Burbank , Calif

☆ His Family Put 20,000 Miles on a ’57 Chevy in One Road Trip
▼ + stars: | 2024-01-13 | by ( A.J. Baime | Photographs Kyna Uwaeme For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Kamran Khan, 75, a retired civil servant in Pakistan now living in Travilah, Md., on his 1957 Chevrolet Bel Air, as told to A.J. Where I grew up, in Quetta, Pakistan, people loved American cars. This was the 1950s and early ’60s, and a lot of people didn’t even have a car. My family was very fortunate and we had a 1957 Chevrolet Bel Air.

Persons: Kamran Khan, A.J Organizations: Bel Air Locations: Pakistan, Travilah, Md, Quetta, American

☆ Inflation has created a dark cloud over how everyday Americans view the economy
▼ + stars: | 2023-12-25 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

There's rising hope that monetary policymakers have successfully cooled inflation without tipping the economy into a recession. Yet closely watched survey data from the University of Michigan shows consumer sentiment, while improving, is a far cry from pre-pandemic levels. Inflation vs. the job marketContinued strength in the labor market is something economists expected to sweeten everyday Americans' views of the economy. While the Michigan index compiles questions focused on financial conditions and purchasing power, the Conference Board's more closely gauges one's feelings about the job market. A hot job market can be a double-edged sword for sentiment, Michigan's Hsu noted.

Persons: Scott Olson, Kyle Connolly, Connolly, she's, Joanne Hsu, we're, Hsu, That's, Camelia, Kuhnen, Michigan's Hsu, UNC's Kuhnen, Karen Dynan, Marissa Lyda, Lyda, She's, there's, There's, Harvard's, Dynan, Jerome Powell, Kevin Lamarque Organizations: Toyota, Facebook, Federal Reserve, University of Michigan, Bureau of Labor Statistics, Labor Department, Conference, University of North, U.S . Treasury Department, Walmart, Federal, Committee Locations: Chicago , Illinois, Florida's panhandle, Michigan, University of North Carolina, Harvard, Phoenix, Portland, Kroger, Washington , U.S

☆ Walmart and Target are looking increasingly similar these days
▼ + stars: | 2023-12-04 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Walmart and Target appear to be borrowing pages from each other's playbook. Some specific features seemingly borrowed from Target include the new "Dollar Shop" and "Grab & Go" sections near the front entrance. AdvertisementFresh produce sections at Walmart (left) and Target (right). For starters, Walmart is still much bigger than Target, and a supercenter is typically about 50% larger than a Target store. But the company says it is finding success in its effort to attract higher-income shoppers, while Target continues to emphasize affordability in its offerings.

Persons: —, Burger King, Dominick Reuter, Christina Henninton's, Wrangler Organizations: Walmart, Service, Pepsi, McDonalds, Ford, Target, Business, Brands, Reebok, Apple Locations: Burger

☆ Car dealers are worried about an EV reckoning. I asked our transportation reporter what's going on.
▼ + stars: | 2023-11-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Car dealers sent a letter urging Biden to "tap the brakes" on an electric vehicle mandate. Two-thirds of new cars must be EVs by 2032 — but dealers say EV sales are slumping, and hurting them. Local car dealers have a lot of political influence; Biden could look to expand tax incentives. AdvertisementCar dealers aren't happy with President Joe Biden's mandate to have two-thirds of all new cars be electric vehicles by 2032. I was surprised to hear about this letter from car dealers, because I thought that electric vehicles were in hot demand.

Persons: Biden, —, Joe Biden's, Axios, Nora Naughton, Biden —, Tesla, There's, Bolt, That's Organizations: Local, Service, EV, Business, Government, National Automotive Dealers Association, Car, Tesla, Ford Locations: Detroit, Washington ,

Search resuls for: "Chevy"

25 mentions found