Dealerships in America keep getting bigger and bigger, with consolidation on the rise. All that and more in The Morning Shift for April 4, 2022. 1st Gear: Consolidation Is Up The industry trade that is Automotive News reports a lot on the business of car dealerships, and this year’s report is that consolidation is continuing … Read more
From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more
An employee works on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor’s US sales of new vehicles declined 17% during the first quarter, including a 26% slide … Read more
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlos Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest US bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are … Read more
SPRINGFIELD, Mo. (AP) — Applebee’s has confirmed that an employee of a Missouri-based franchisee has been fired after sending an email speculating that high gas prices and the end of pandemic stimulus money would force employees to work longer hours for lower pay. “This is the opinion of an individual, not Applebee’s,” Kevin Carrol, Applebee’s … Read more
A Southwest Airlines jet sits at a gate at Orlando International Airport in Orlando, Florida, US, October 11, 2021. Joe Skipper | Reuters Airlines canceled hundreds of weekend flights and thousands more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations during spring break. More than 5,900 US … Read more
Sign up for the Sleep, But Better newsletter series. Our seven-part guide has helpful hints to achieve better sleep. CNN — The stories of sleeping pills gone wrong are legendary. Ask any flight attendant, and you’ll hear amusing tales of people sleepwalking, taking off their clothes or even standing up and peeing into the neighboring … Read more
A demonstrator during the vote count to unionize Amazon workers outside the National Labor Relations Board offices in New York, US, on Friday, April 1, 2022. Jeena Moon | Bloomberg | Getty Images Amazon workers on New York’s Staten Island just made history, becoming the first group to vote in favor of unionizing at a … Read more
A healthcare worker administers a Covid-19 test in San Francisco, California, on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images People infected with Covid-19 face a higher risk of myocarditis and other inflammatory heart conditions than those vaccinated against the disease, according to a large study published by the Centers for … Read more
DETROIT (AP) — New vehicles sold in the US will have on average at least 40 miles per gallon of gasoline in 2026, up from about 28 mpg, under new federal rules unveiled Friday that undo a rollback of standards enacted under President Donald Trump. The National Highway Traffic Safety Administration said its new fuel … Read more