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Brian Sullivan’s outlook for the new year
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. Brendan Mcdermid | Reuters The crystal ball is cloudy this year my friends. In the past…
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Flights canceled, delayed as weather, Max 9 grounding disrupt travel
A screen displays flight information at Des Moines International Airport, in Des Moines, Iowa, U.S., January 12, 2024. REUTERS/Marco Bello Marco Bello | Reuters Airlines canceled more than 3,000 U.S. flights Friday as they grappled…
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CVS to close ‘select’ pharmacies in Target stores in the coming months
CVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the U.S. struggle to boost profits. The closures will begin in February…
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Global shipping rates set to surge as carriers avoid Red Sea
The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices are set to jump Monday, while longer transit times around Africa are disrupting and delaying…
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GM’s 2023 U.S. vehicle sales were its best since 2019
The 2024 Buick Envista. GM DETROIT — General Motors’ U.S. vehicle sales increased 14.1% last year to represent the automaker’s best year since 2019, prior to the effects of the Covid-19 pandemic and yearslong supply…
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Hyundai unveils unique Ioniq 6 EV, an ‘electrified streamliner’
The newest electric vehicle from Hyundai Motor is a sedan with a unique bubbly design. The South Korean automaker unveiled the Ioniq 6 Wednesday night as an “electrified streamliner,” a nod to its aerodynamic design…
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Chinese companies look to U.S. and Asia as growth slows at home
Miniso opened its first flagship store in New York City’s SoHo in February 2022. Miniso BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia. Take…
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Stock futures decline as investors gird for start of 2Q earnings
Traders on the floor of the NYSE, June 27, 2022. Source: NYSE U.S. stock futures fell after hours Monday as Wall Street looks ahead to what many expect will be the start of a volatile…
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U.S. flight disruptions finally ease as the holiday weekend winds down
Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images U.S. airline delays eased on Monday as weather improved, a relief for travelers and…
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Novavax vaccine clears key step on path to FDA authorization
Novavax’s two-dose Covid-19 vaccine for adults ages 18 and older cleared a key step on the path toward Food and Drug Administration authorization on Tuesday. The FDA’s committee of independent vaccine experts voted 21 to…
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