In the fiercely competitive world of electric vehicles (EVs), few stories have captured attention like that of Nikola Corp. Once hailed as a groundbreaking pioneer in clean automotive technology, the Phoenix-based startup has now succumbed to the harsh realities of the market. The company recently filed for Chapter 11 bankruptcy protection after failing to secure
Business
The sentiment among single-family homebuilders in the United States has recently taken a significant hit, plunging to its lowest point in five months as of February. This downturn can be attributed primarily to rising concerns over tariffs, which threaten to inflate costs substantially for builders. The National Association of Home Builders (NAHB) reported a notable
Moderna, the biotech company that rose to prominence with its groundbreaking COVID-19 vaccine, is now at a pivotal juncture. With its fourth-quarter performance revealing both opportunities and challenges, the company faces pressing difficulties as it seeks to evolve beyond the pandemic’s shadow. As the demand for its COVID-19 vaccine diminishes, Moderna is pivoting its strategy
In an era where the cinematic experience is continuously evolving, theaters are now realizing the potential profit in novelty merchandise, particularly popcorn buckets. For many years, popcorn was merely a companion to films, serving as a crunchy snack with each cinematic performance. However, the recent trend highlights a shift in how moviegoers perceive these once-ordinary
The food service industry faced tumultuous conditions at the start of 2025, hampered by adverse weather patterns and shifting consumer sentiments. Overcoming these challenges requires resilience and strategic maneuvers from major restaurant chains navigating the nuances of a recovering economy. Key players like McDonald’s, Burger King, and Subway have begun to witness fluctuations in consumer
Roku, a prominent player in the streaming landscape, experienced a significant surge in its stock prices on Friday, climbing over 10% and hitting a new 52-week peak. This impressive uptick can be attributed to the company’s latest earnings report, which exceeded Wall Street’s expectations. With the streaming market experiencing rapid changes, Roku’s ability to outperform
The ongoing discussions regarding tariffs on imported vehicles have raised concerns amongst various stakeholders in the automotive industry. As President Trump’s administration considers escalating tariffs on foreign trading partners, particularly targeting South Korea and Japan, the potential fallout is significant. These two nations account for approximately 16.8% of vehicle sales in the U.S., demonstrating their
The rising costs of prescription medications in the United States have become a major concern for patients, healthcare providers, and policymakers alike. Amid this turmoil, pharmacy benefit managers (PBMs) like CVS Health’s Caremark find themselves at the epicenter of a contentious debate. PBMs serve as intermediaries between insurers and drug manufacturers; they negotiate prices and
On Tuesday, Coca-Cola delivered an impressive report highlighting its quarterly earnings and revenue, exceeding analysts’ expectations in a significant way. The results for the quarter ending December 31 showed a positive trajectory for the beverage company, revealing a strong resurgence in demand across its product lines. After the announcement, the company’s shares surged over 3%
In the ever-shifting tapestry of fashion, trends oscillate like a pendulum, swinging from one extreme to another. Among these cycles, skinny jeans emerged as an iconic staple for millennials through the late 2000s and into the early 2010s. However, as relaxed fits took over, skinny jeans became somewhat of a fashion pariah, often associated with