This spot-on recession indicator is flashing red
‘Schannep Recession Indicator’ typically triggers within six weeks of the start of a recession
Boeing and NASA delay Starliner astronaut return to June 22
A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. Maxar Technologies | Via Reuters Boeing‘s Starliner capsule “Calypso” will stay at the International Space Station twice as long as the mission originally planned, NASA announced Friday. This developmental nature of the mission, known as Boeing’s […]
This underrated Hasbro business is gaining traction amid weaker toy demand, analysts say
BofA analysts said Wall Street hasn’t appreciated the potential of the toy maker’s digital-gaming business, which they believe could help drive a rebound for the company next year.
Christina Lewis launches Beatrice Advisors multifamily office
Christina Lewis, founder of Beatrice Advisors, at her home office with a portrait of her father, Reginald Lewis. Cindy Johnson Christina Lewis had her first asset allocation meeting with her wealth manager when she was 13. “I remember the meeting well,” Lewis said. “It was a turbulent time for my family. And [the advisor] was […]
Pentagon picks Blue Origin, SpaceX, ULA in $5.6 billion rocket program
A mass simulator version of a New Glenn rocket is moved for testing in November 2021. Blue Origin The Pentagon announced the first winning bidders in its rocket launch contract sweepstakes on Thursday, with Jeff Bezos’ Blue Origin grabbing a spot for the first time. Blue Origin’s winning bid came as part of contracts awarded […]
Import prices fall sharply in another sign of fading U.S. inflation
The cost of imported goods fell in May by the largest amount since the end of last year, adding to recent evidence inflation might be slowing again.
Ford ends EV dealership program
An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023. Nathan Howard | Getty Images Ford Motor is ending a controversial electric vehicle dealership program that initially asked store owners to invest upward of $1 million to sell EVs. The “EV-certified” program was announced in September 2022 […]
‘We, his children, do not trust her’: My elderly father is recently widowed. His new girlfriend is putting him under pressure to get married. What can we do?
“We are so worried she will convince him to sneak off and marry at the courthouse.”
Tyson Foods suspends CFO John R. Tyson after second arrest
John R. Tyson speaks on stage during The Fight for Food: Value Chains and Partnerships at The 2022 Concordia Annual Summit in New York on September 21, 2022. Leigh Vogel | Getty Images Tyson Foods said on Thursday it has suspended its chief financial officer, John R. Tyson, after he was charged with driving while […]
Tesla’s scare tactics worked to win shareholder approval of Elon Musk’s pay, but problems remain
Many Tesla Inc. shareholders bought into the veiled scare tactics about keeping Chief Executive Elon Musk motivated at the electric-vehicle maker, as they ratified his massive, $46 billion stock plan Thursday.
