Business News

Experts say Shein’s U.S. IPO is all but dead

5 min read

The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop.  Monika Skolimowska | Picture Alliance […]

Business News

Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says

3 min read

Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Casual-dining chains are gaining customers who have […]

Business News

Top BofA auto analyst says Detroit automakers need to exit China as soon as possible

2 min read

Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd. April […]

Business News

Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder

6 min read

Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show […]

Business News

Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’

3 min read

Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, […]

Business News

Boeing CEO heads to Senate hearing over safety and manufacturing crises

4 min read

Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with […]