Automakers strive to integrate car dealerships into future plans

Automakers strive to integrate car dealerships into future plans

Customers wearing protective masks look inside a vehicle for sale at a Ford Motor Co. dealership in Colma, Calif., Feb. 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT — As automakers seek Tesla-like benefits on new electric vehicles, they face an existential question: how best to bring franchise car dealerships with them … Read more

FDA withdraws Evusheld because it is not effective against subvariants

Injection of Evusheld (tixagevimab and cilgavimab), a new COVID-19 treatment that people can take before becoming symptomatic. (Chris Sweda/Chicago Tribune/Tribune News Service via Getty Images) Chris Sweda | Tribune News Service | Getty Images The Food and Drug Administration on Thursday withdrew its approval for Astra Zeneca‘s Evusheld, an antibody injection that people with weakened … Read more

Bed Bath & Beyond warns it doesn’t have the money to pay off its debts

Signage is seen through an overturned basket outside a Bed Bath & Beyond Inc. store in Greendale, Wisconsin. Daniel Acker | Bloomberg | Getty Images Bed bath and beyond said on Thursday it did not have enough cash to repay its debts and had defaulted on its line of credit with JP Morgan, once again … Read more

Sam’s Club, owned by Walmart, plans to open new stores

Shoppers stock up on merchandise at a Sam’s Club store in Streamwood, Illinois. Scott Olson | Getty Images walmartOn Thursday, Sam’s Club-owned Sam’s Club announced the opening of more than 30 new stores across the United States, marking its most aggressive expansion in years. The warehouse club’s next store is scheduled to open in Florida … Read more

Southwest Airlines (LUV) Q4 2022 Results

Travelers check in at a Southwest Airlines counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessey | Anadolu Agency | Getty Images South West Airlines said Thursday it expects its holiday slump to continue to weigh on its results, but said it still expects … Read more

Southwest Airlines (LUV) Q4 2022 Results

Travelers check in at a Southwest Airlines counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessey | Anadolu Agency | Getty Images South West Airlines said Thursday it expects its holiday slump to continue to weigh on its results, but said it still expects … Read more

Inflation is slowing, but high prices will persist

A grocery store in New York. Wang Yin | Xinhua News Agency | Getty Images Inflation may cool. But, for most Americans, the price of a cup of coffee or a bag of groceries has not budged. In the coming months, the big question is whether consumers will also begin to feel relief. In recent … Read more

Tesla’s price cuts could spark an EV price war

A Tesla showroom is seen in the City Center mall on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — You’re here vehicles in the United States are seeing significant price drops, and this is proving to be a double-edged sword for the electric car maker and the auto industry as … Read more