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Panera Brands CEO steps down, CFO to fill in as interim chief
A Panera Bread restaurant in Miami Beach, Florida, Nov. 8, 2017.Joe Raedle | Getty ImagesPanera Bread's parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately.The change in leadership is the latest…
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Used Honda Pilots are displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesUsed vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for…
Mortgage rates hit highest level since July, crushing application demand
Residential homes in Discovery Bay, California, US, on Thursday, Nov. 7, 2024. Mortgage rates in the US increased to the highest level since July. David Paul Morris | Bloomberg | Getty ImagesMortgage rates last week moved higher for the…
NHL plans to host two outdoor games in Florida in 2026
Sean Pavone | Istock | Getty ImagesOutdoor hockey in Florida? The National Hockey League says it is up for the challenge.The NHL announced Wednesday that it will host its first outdoor games in the Sunshine State.The league will feature…
Honda reveals two new ‘0 Series’ EVs to be produced in Ohio
Honda 0 Saloon & Honda 0 SUV prototypesHondaLAS 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…
Cracks appear in UK housing market as home prices fall for first time in 9 months
Housing surveyors have reported the largest fall in new buyer inquiries in October since the financial crisis, excluding the period during the Covid-19 lockdowns.Isabel Infantes | Afp | Getty ImagesLONDON — U.K. house prices fell for the…
Puma challenges Tiger Woods’ Sun Day Red logo
Puma logo (L) and Sun Day Red Tiger logo (R)Source: U.S. Patent and Trademark OfficeSun 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…
Chrysler sales have shrunk 80% in two decades. Here’s how executives plan to bring the
The heyday of Chrysler appears long gone.A series of mergers has turned the once-ubiquitous Chrysler Corporation into a piece of the larger Euro-American automaker Stellantis. Once a relatively diversified brand, with sedans, SUVs and…
Ulta Beauty names new CEO, raises outlook for holiday quarter
People walk past an Ulta Beauty store in the Manhattan borough of New York City on March 8, 2022.Carlo Allegri | ReutersUlta Beauty CEO Dave Kimbell is retiring and will be replaced by the retailer's Chief Operating Officer Kecia…
Volkswagen and Xpeng to build super-fast charging network in China for EVs
Top Volkswagen and Xpeng executives pose at the German automaker's launch event in Beijing, China, on Aug. 24, 2024.Bloomberg | Bloomberg | Getty ImagesShares of Volkswagen and Xpeng both rose on Monday after the two firms announced…