Oil prices struggle for direction as U.S. crude supplies fall and product stocks rise
Oil futures struggled for direction on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.
Puma challenges Tiger Woods’ Sun Day Red logo
Puma logo (L) and Sun Day Red Tiger logo (R) Source: U.S. Patent and Trademark Office Sun Day Red is not out of the woods yet in regard to trademarking its logo. Footwear giant Puma filed a last-minute notice of opposition against Tiger Woods’ logos tied to his Sun Day Red brand, according to a […]
Tesla and Nvidia dominated the stock market last year. Why more pedestrian names can shine in 2025.
The average S&P 500 stock had a tough go of it in December. But better times could lie ahead in 2025.
True Religion acquired by PE firm, Jay Schottenstein firm
True Religion Brand Jeans shop entrance: The company sell what they refer to as ‘premium denim’ which is handmade in America. Roberto Machado Noa | Lightrocket | Getty Images Jeans brand True Religion has been acquired by private equity firm Acon Investments and American Eagle-linked firm SB360 Capital Partners – a retail investment fund chaired […]
Honda reveals two new ‘0 Series’ EVs to be produced in Ohio
Honda 0 Saloon & Honda 0 SUV prototypes Honda LAS VEGAS — Honda Motor on Tuesday at the CES tech conference revealed the company’s newest electric vehicles that are set to be produced at a multibillion-dollar manufacturing complex in central Ohio. The vehicles are the Honda 0 Saloon, which is an updated version of a […]
Apple’s ‘decidedly unattractive’ outlook sparks rare bearish call on the stock
An analyst says Apple’s stock price bakes in only good news, but he sees more than 20% downside as negative developments pile up.
Delta to link loyalty program to Uber, ending partnership with Lyft
Travelers wait for an Uber ride-share vehicle at Los Angeles International Airport in Los Angeles on Feb. 8, 2023. Mario Tama | Getty Images Delta Air Lines will link its lucrative SkyMiles loyalty program to Uber this spring, the companies announced Tuesday, as the airline ends its eight-year partnership with smaller ride-hailing rival Lyft. Once […]
Why investors clinging to cash could lose money in U.S. debt-ceiling fight
Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks without a resolution.
Frontier plans new flights from JFK to Miami, Los Angeles and Dallas
Frontier Airlines Nurphoto | Nurphoto | Getty Images Discount carrier Frontier Airlines is beefing up service in New York, planning new nonstop routes to major American Airlines hubs with fares starting under $20. The airline plans to launch service between New York’s John F. Kennedy International Airport and Miami International Airport on March 30. A […]
BMW to install new ‘panoramic’ display in all vehicles
BMW said it will begin installing a new operating system and “panoramic” display in all its new vehicles by the end of 2025. BMW LAS VEGAS — BMW AG will install a new operating system and “panoramic” display in all of its upcoming vehicles, the company said Tuesday. The new BMW Panoramic iDrive system, which […]
