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Chinese EV giant BYD expands in Europe with premium brand launch
A BYD Denza Z9 GT electric car on display in Hong Kong in February 2025.Ucg | Universal Images Group | Getty ImagesBEIJING — Chinese electric car giant BYD is pushing ahead into Europe, launching its premium Denza brand in the region…
Americans are flocking to Texas Roadhouse and LongHorn Steakhouse. Here’s why
Business is booming at Texas Roadhouse and LongHorn Steakhouse.In 2024, Texas Roadhouse became the biggest casual dining chain, surpassing Olive Garden, which had held the top spot since 2018, according to research firm Technomic.And…
Autos, pharma, luxury and more: The global sectors soaring after Trump’s tariffs walkback
General view of the City of London skyline, the capital's financial district.Sopa Images | Lightrocket | Getty ImagesStock markets soared on Thursday, after U.S. President Donald Trump's jarring about-turn on most tariffs, with sectors…
Proposed SNAP cuts could pressure low-income shoppers — and retailers that serve them
Shoppers at the Walmart Supercenter in Burbank in Burbank Thursday, Nov. 21, 2024.Allen J. Schaben | Los Angeles Times | Getty ImagesFor millions of low-income Americans — already rattled by the threat of tariffs and higher prices —…
Read Hertz CEO’s letter to employees about Bill Ackman’s ‘significant’ stake…
A Hertz Tesla electric vehicle is displayed during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York City, U.S., November 9, 2021. Brendan Mcdermid | ReutersHertz Global CEO Gil West is "encouraged" and…
Heineken initially downplayed tariffs. Now the brewer is concerned
Imported beer, including Heineken, for sale at a store in New York City on April 10, 2025. Timothy A. Clary | Afp | Getty ImagesHeineken shrugged off the threat of tariffs earlier this year, but now the company is raising more concerns…
Why Tesla’s turn to robots has divided Wall Street
In just a decade, Tesla grew its electric vehicle sales from 32,000 units to 1.8 million — making it, for most of that stretch, the world's largest seller of pure EVs. But while it was aggressively ramping up EV production, the company…
Target CEO Cornell meets with Sharpton to discuss DEI rollback as civil rights leader
People walk past Target Store in Midtown Manhattan on March 6, 2025 in New York City, United States. Mostafa Bassim | Anadolu | Getty ImagesTarget CEO Brian Cornell met with the Rev. Al Sharpton in New York on Thursday as the retailer…
Lyft to buy taxi app FreeNow for $200 million to expand into Europe
Lyft logo is seen in this illustration taken June 27, 2022.Dado Ruvic | ReutersU.S. ride-hailing firm Lyft on Wednesday announced that it's buying European taxi app FreeNow in a 175 million euro ($199 million) deal.The company said that…
From seaweed burgers to ‘upcycled’ potato chips, the high-end food industry is going
Nibs, etc. granola on sale at U.K. grocery store Waitrose.WaitroseWasted food is a big problem. More than 1 billion tonnes was thrown away in 2022 by households, retailers and food service companies, according to figures published by the…