Business
Target employees at Virginia store file for union election amid a broader labor push at big companies
A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Target has joined the growing list of major companies where employees are trying to form a union. Employees at a Virginia store filed on Tuesday with the National Labor […]
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Nearly 7 in 10 Americans want to live to 100, study finds. Here’s how retirement is changing
Despite fears of outliving savings, most Americans still want to live longer, a study on longevity and retirement shows. Nearly 70% of Americans want to live to age 100, with 29 years as the “ideal length” for retirement, according to an Edward Jones and Age Wave report that polled 11,000 adults in the U.S. and […]
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How Ford’s F-150 Lightning stacks up against Rivian and Hummer electric pickups
SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but it needs to be said. Why? Because a successful battery-powered pickup is a critical step in the EV transition, […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise ahead of key inflation report, after volatile session Traders on the floor of the NYSE, May 10, 2022. Source: NYSE U.S. stock futures rose Wednesday ahead of the first of two key inflation reports […]
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Deutsche says this discount grocer can rally nearly 29% as shoppers go bargain hunting
Grocery Outlet historically has a tendency to outperform during challenging financial periods, analysts say. Source
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MoffettNathanson upgrades EA, says video game giant is set up to weather market volatility
Video game giant Electronic Arts could be a stable place to hide for investors troubled by rising interest rates, according to MoffettNathanson. Source
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Stifel downgrades Carvana as slowing demand for used cars erodes conviction in the auto seller
Several signs including a planned workforce reduction implies “weaker demand will persist beyond the near-term,” analysts said. Source
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Peloton is a ‘best in class’ fitness stock that can go up 93% from here, JMP says
The risk-reward profile for the fitness equipment maker appears “favorable” after its recent earnings disappointment, JMP analysts say. Source
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VW is looking to bring back the Scout brand as an electric vehicle
This image, from 2019, is of a refurbished Scout. The brand was originally built by International Harvester between 1961 and 1980. Future Publishing | Future Publishing | Getty Images Volkswagen is planning to resurrect the iconic “Scout” brand as an electric vehicle in the United States. In a report late Tuesday, the Wall Street Journal […]
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Shanghai’s big automakers saw production plunge by 75% in April after lockdowns began
Although Shanghai began in mid-April to prioritize several hundred companies for resuming work, foreign business organizations have said that doesn’t mean the factories can operate at full capacity. Tian Yuhao | China News Service | Getty Images BEIJING — Auto production plunged in April as Covid lockdowns halted nearly all non-essential business in the metropolis of […]
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