Business & Economy

Tesla’s global deliveries fell 13% in Q1 2025, with 336,681 vehicles sold, down from 387,000 in the same period last year. Analysts had projected 408,000 deliveries, and Tesla’s stock has dropped nearly 50% since December. Several factors contributed to the decline, including: An aging vehicle lineup, with buyers delaying purchases ahead of an expected Model […]

President Donald Trump is pressuring the Federal Reserve to lower interest rates, citing decreases in egg, grocery, and gas prices. “Egg prices are WAY DOWN from the Biden inspired prices if just a few weeks ago. ‘Groceries’ and Gasoline are down, also. Now, if the Fed would do the right thing and lower interest rates, […]

Southwest Airlines cuts its workforce by 15%

U.S. taxpayers can file taxes starting Jan. 27. However, before the official start date, you can get ahead on your filing. 

In news that should surprise no one, Meta, the parent company of Facebook, Instagram, and WhatsApp, becomes the latest company to end its DEI programs. As reported by CNBC (citing the initial report from Axios), Janelle Gale, Meta’s vice president of people, announced in an internal memo that Meta plans to end several internal programs […]

Columbia, Maryland native Damola Adamolekun is giving Red Lobster a comeback from bankruptcy as its new appointed CEO

In honor of Black Business Month and late Famous Amos founder Wally Amos, we reflect on entrepreneurs of our culture you may not know.

Biden’s administration issued $2 billion in federal funds to black and minority farmers who experienced mistreatment by the United States Department of Agriculture, as announced on Wednesday. The direct payments will be sent to “eligible applicants [under the Inflation Reduction Act’s Discrimination Financial Assistance Program (DFAP)], [aiming] to provide financial assistance to farmers, ranchers, and forest […]

Travelling has been a hassle ever since the pandemic hit. Airline carriers believe new 5G technology will only make it worse. Chief executives of major airlines wrote a letter to Biden administration members detailing their concerns about the new C-Band 5G service that is set to begin on January 19. The C-Band technology was won […]

As part of a restructuring plan, retailer Bed Bath & Beyond is shifting its focus on remodeling its more profitable stores, and investing in digital.