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Walmart’s latest acquisition is a shopping mall in Pennsylvania
Walmart is now a mall owner.On Tuesday, the big-box retailer confirmed that it bought Monroeville Mall, which is roughly 12 miles east of Pittsburgh.In a statement, Walmart said it "is very interested in being part of any future…
Ford CEO calls for ‘comprehensive’ tariff analysis for all countries
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in…
Homebuyer mortgage demand drops further, a troubling sign for the spring market
Homebuyers are seeing very little reason to get a jump on the all-important spring housing market, even with more listings coming up for sale. Mortgage rates haven't moved much in the last few weeks, and home prices continue to…
Chipotle earnings beat estimates, but stock falls on weak same-store sales forecast
A Chipotle restaurant stands in Manhattan, New York City, on Feb. 6, 2024.Spencer Platt | Getty ImagesChipotle Mexican Grill on Tuesday said traffic to its restaurants keeps rising, helping the company top analysts' estimates for its…
Ferrari shares pop 8% as luxury carmaker sees further earnings growth in 2025
The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital. Martyn Lucy | Getty Images News | Getty ImagesLuxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product…
New tariffs could raise home prices and sideline potential buyers
The U.S. housing market was already struggling under the weight of high mortgage interest rates, a low supply of existing homes for sale and historically high home prices.Now tariffs on building materials are adding even more…
From jewelry to food waste, firms are ‘shaking’ things up with circular-economy shift
Rapeepong Puttakumwong | Moment | Getty ImagesFrom jewelry and clothes to food waste, a growing number of sectors are focusing on operating as part of a "circular economy," aiming to waste less — and reap the financial benefits in the…
Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe
Oslo Taxi's Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024.Jonathan Nackstrand | Afp | Getty ImagesTesla…
This 79-year-old lost her home in the California wildfires. ‘I hope to live long enough
Remains of Karen Bagnard's Altadena, California, house after it burned in the January 2025 Los Angeles-area wildfires.Courtesy: ChelseaOn the night of Jan. 7, Karen Bagnard sat in her Altadena, California, house in the dark.Forceful…
Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement
Ontario Premier Doug Ford speaks during a campaign stop at Walker Construction in Niagara Falls, Ontario, Canada, January 31, 2025. Carlos Osorio | ReutersOntario will pull all American alcohol from its government-run liquor shelves…