business
Carvana Revenue Up as Retail Units Sold Jump
The online used-car seller said revenue climbed to $5.65 billion from $3.66 billion a year ago as units sold climbed 44% to 155,941. Source link
Starbucks Cafe Sales Stabilize After Year-and-a-Half-Long Slide
The Seattle company reports flat U.S. same-store sales for its fourth quarter. Source link
Microsoft Hit With Azure, 365 Outages
The disruptions started around 12 p.m. ET, and the company said it is investigating what factors are causing the outage. Source link
General Motors Lays Off More Than 3,300 Electric-Vehicle Workers in U.S. Plants
The automaker is cutting jobs in Michigan, Ohio and Tennessee as it adapts to an evolving regulatory environment. Source link
Trendy Activewear Brand Finds Tying Donations to Sales Can Be a Minefield After 2% Pledge
Set Active raised its donation per purchase for breast cancer research after its original plan sparked a backlash. Source link
Airbus Cuts A220 Production Target Due to Supply-Chain Woes
The European plane maker now expects to churn out 12 A220 aircraft a month next year, down from 14, as supply-chain snarls continue to weigh on its manufacturing operations. Source link
Boeing Books Nearly $5 Billion Charge for 777X Delays
The company pushed back the first delivery of its new 777X model to 2027 after falling behind schedule on some certification milestones. Source link
Kraft Heinz Lowers Full-Year Outlook on Weak Consumption Trends
The food producer posted a decline in quarterly sales amid industry concerns about higher inflation. Source link
The Shutdown Is Now Coming for Your Airport’s VIP Security Lane
Federal officials have warned that an extended shutdown is further straining America’s already understaffed air-travel infrastructure. Source link
Jerry Jones Says He Has Unlocked a $100 Billion Gas Bounty in This Drilling Inferno
The Dallas Cowboys owner has backed Comstock Resources in its efforts to develop some of the hottest, deepest wells in the U.S. Source link