BUSINESS

Jan 03 2025BUSINESS

Is Carvana's Turnaround for Real?

Hindenburg Research has taken a stand against Carvana, the online used car retailer, claiming that its recent turnaround is not as solid as it seems. On Thursday, Hindenburg revealed that it has bet against Carvana, stating that the company's improved results and cost-cutting measures are being supp

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Jan 03 2025BUSINESS

Why Americans Are Loving Butter and Cheese More Than Ever

It's no secret that Americans are eating more butter and cheese than they have in decades. In 2023, the average person gobbled up 6½ pounds of butter and over 40 pounds of cheese, shattering 50-year records. While health experts suggest cutting back on saturated fats, taste and price often win out.

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Jan 02 2025BUSINESS

Tesla's Sales Take a Dip: What's Next?

Tesla, the electric vehicle giant, has seen its first annual sales decrease in over a decade. What happened? Well, despite a 2. 3% boost in the last quarter thanks to attractive offers like zero-interest financing and free charging, the overall sales from 2023 to 2024 dipped by 1. 1%. That's right,

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Jan 02 2025BUSINESS

High-Tech Mining's Big Bet: KoBold Raises Massive Funds

Ever heard of KoBold? This US mining startup just snagged a massive $537 million in funding, making its total investments soar to $1 billion. Backed by heavyweights like Bill Gates and Jeff Bezos, KoBold is on a mission to shake up the mining world. The latest round was co-led by Durable Capital Par

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Jan 02 2025BUSINESS

Punctuality in the Skies: Top Airlines and Airports for 2024

Did you know which airline and airport were the best in keeping time in 2024? Let's dive in! Mexico's Aeromexico took the top spot, with a stunning 86. 7% of flights arriving on time. Coming close were Saudia at 86. 3% and Delta Air Lines at 83. 5%. But let's not forget Copa Airlines, which actually

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Jan 02 2025BUSINESS

Malaysia Airlines’ New Business Class: A Step Up in Comfort

Malaysia Airlines is introducing its new Airbus A330neo jets with an impressive business class experience. The seats are arranged in a 1-2-1 layout, offering direct aisle access and privacy to all passengers. Designed by Collins Aerospace, these suites feature sliding doors, large 4K video screens,

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Jan 02 2025BUSINESS

Meet the Business Leader Making Waves

Sandy Young, the President of Verdis, has been highlighted for her impressive achievements in the business world. Based in Coeur d’Alene, her company specializes in civil engineering and construction for various clients, including private, commercial, industrial, and even government sectors. Her ded

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Jan 02 2025BUSINESS

Friendships vs. Fortunes: A Billionaire's Dilemma

You might think a billionaire has it all. But a recent chat with someone close to a newly minted billionaire revealed a surprising truth. This wealthy individual spends most of his social time with coworkers. That's right, business buddies join the fun for birthdays, nights in, and even vacations.

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Jan 02 2025BUSINESS

Top Companies Hiring Foreign Workers: Who's Leading the Way?

You might think that only tech giants like Amazon, Google, and Microsoft lead the pack in hiring foreign workers through the H-1B visa program. But, surprise! Even electric car maker Tesla is now high on the list, doubling its H-1B hires in just one year. Tesla’s jumped from 328 approved petitions i

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Jan 02 2025BUSINESS

Cable Wars: Altice Drops MSG Networks from Optimum

MSG Networks, under the umbrella of Sphere Entertainment (SPHR), announced that Altice USA (ATUS) has kicked MSG Networks off its Optimum channel lineup in the tri-state area. In a move to keep their business afloat, Altice has decided to charge customers more and offer less. They've hiked prices by

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