Wayfair is becoming “too tough to defend” as the company continues to burn through cash, Piper Sandler said.
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Piper Sandler downgrades Wayfair, says stock is ‘too tough to defend’
Business
Why one of the nation’s largest auto lenders isn’t worried about high vehicle prices or ‘forever loans’
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois. Scott Olson | Getty Images The head of one of the nation’s largest auto finance lenders isn’t overly concerned about rising consumer automotive debt and inflated used car prices leading to longer loans on vehicle purchases. His main reasoning? […]
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Dunkin’ owner Inspire Brands confidentially files for IPO
A cup of coffee and strawberry frosted donut with sprinkles at a Dunkin’ Donuts location in Los Angeles, Sept. 6, 2017. Patrick T. Fallon | Bloomberg | Getty Images Dunkin’ and Buffalo Wild Wings owner Inspire Brands has confidentially filed for an initial public offering, the company announced on Friday. If Inspire goes public, it […]
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Business
Trump’s $1 million ‘Gold Card’ fails to catch on among the world’s wealthy
When President Donald Trump launched the “Gold Card” visa program last December, the official website promised U.S. residency in “record time.” A new court filing, however, suggests that applicants who pay $1 million for a Gold Card won’t get faster visas. The Gold Card, touted as a new kind of investment visa that would raise […]
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