Business
Volkswagen invested billions in EVs following Dieselgate scandal—now, its brand is ‘no longer competitive’
Volkswagen was one of the earliest entrants into the electric vehicle industry, years before it became commonplace to own or...
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Shein files for U.S. IPO as fast-fashion giant looks to expand its global reach
A Shein pop-up store inside a Forever 21 store in Times Square in New York on Nov. 10, 2023.Yuki Iwamura...
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Social media belongs to pro creators and AI influencers. It’s no longer ‘for our high school friends or your prom date from 7 years ago,’ says tech investor
Social media no longer belongs to you, your friends, that random guy from middle school who still lives in your...
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It’s TikTok Shop’s first Christmas, and shoppers are torn between hot deals and ethics
TikTok has officially launched its e-commerce service TikTok Shop in the US. Costfoto | Nurphoto | Getty ImagesConsumers are increasingly turning...
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Elon Musk dismissed hybrid vehicles as a ‘phase’ while Toyota doubled down on them. Now they’re a ‘smoking-hot market’ as EV demand chills
Tesla CEO Elon Musk doesn’t think highly of hybrid vehicles. Last year he dismissed them as a “phase” and said...
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Thanksgiving Day online sales jump as discounts motivate holiday shoppers
Anastasiia Krivenok | Moment | Getty ImagesOnline spending on Thanksgiving Day jumped 5.5% compared to a year ago, according to...
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Binance founder Changpeng Zhao urges judge to let him leave the U.S. before sentencing—after the DOJ scrambles to stop him
The lawyers for former Binance CEO Changpeng Zhao insist the crypto billionaire is not a flight risk. The Justice Department...
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Small music venues fight to keep prices affordable as inflation eats into profits
Melis82 | Istock | Getty ImagesIt has never been easy for small or independent music venues to turn a profit....
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‘To buy or not to buy, that is the question’: BofA reveals rent is cheaper than mortgages in all but two of 97 major metros
This housing market has Bank of America economists in a Shakespearean mood about the eternal debate: The slings and arrows...
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American Dream mall in N.J. briefly evacuated on Black Friday over bomb threat
American Dream megamall and entertainment complex in East Rutherford, N.J., seen on Oct. 25, 2019.Timothy A. Clary | AFP |...
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