MillerKnoll’s stock sinks on outlook, but company says bigger orders signal bigger focus on office space
Shares of MillerKnoll Inc. slid after hours on Wednesday after the furniture maker trimmed its full-year profit outlook, citing “slower-than-expected macroeconomic improvements” and a housing market that continues to stay tight.
American homeowners are wasting more space than ever before
Tim Kitchen | The Image Bank | Getty Images There may not be a lot of homes for sale these days, but there is a lot of housing space sitting empty. In fact, the most in recorded history. The number of extra bedrooms, which is defined as a bedroom in excess of the number of […]
Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms
The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate bond investors weigh prospects for the U.S.‘s money-center banks.
Stellantis further delays electric Ram pickup truck
2025 Ram 1500 Ramcharger Tungsten Ram DETROIT — Stellantis said Wednesday it will further delay an all-electric Ram pickup from 2025 until 2026, as the automaker confronts slower-than-expected adoption of EVs and competitors struggle to make profits on electric trucks. The decision to delay the full battery-electric model, which had already been postponed from this […]
Holiday decor spending could help retailers
Zoom In IconArrows pointing outwards The Milam family turned its front lawn into a holiday-themed putt-putt course. Going all out on Christmas decorations has become a tradition for the Dallas family. Courtesy: Mike Milam For the holiday season, the front lawn of the Milam family’s house in Dallas has transformed into a mini golf winter […]
Here’s how to make your investment adviser prove their stock-picking skill
Be skeptical of a firm’s investment research — especially when financial pros claim theirs is the best.
A Social Security payroll tax increase should be part of the solution
But the increase should be small and gradual
Why Japanese automakers Honda and Nissan are said to be considering a merger
Japanese automakers Honda Motor Co. and Nissan Motor Co. are exploring the possibility of a merger, according to reports late Tuesday, in a bid to better compete against foreign electric-vehicle makers like Tesla Inc. and China’s BYD.
Grubhub to pay $25 million in FTC settlement over harmful practices
An app-based delivery worker waits outside of a restaurant in New York City on July 7, 2023. Spencer Platt | Getty Images Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over alleged unlawful practices that harmed diners, workers and small businesses, the FTC […]
Japan’s Honda and Nissan to reportedly begin merger talks
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Kyodo | Via Reuters DETROIT — Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a merger to better compete in the rapidly […]
