In 2024, several well-known companies filed for bankruptcy protection in the United States. Some have filed for basic financial restructuring, allowing them to continue operating, while others have announced closures of many physical locations to stave off liquidation.  Retail outlets were the hardest hit. However, several restaurant chains were impacted, and one airline.  COMPANIES ARE

The global exchange-traded fund industry is wrapping up its best year ever, with a record $1.4 trillion in inflows through late December, pushing total assets to $14 trillion, according to Matthew Bartolini, Head of SPDR Americas Research at State Street Global Advisors. “Within active, both active equity and active fixed income, as well as active

-Stocks end shortened Christmas week on a down note but its not all bad news -Apple hones in on new milestone in first for U.S. company -Immigration debate rages as the tech industry backs importing skilled workers -The IRS may owe YOU! What to know  -A troubled year for EV makers  -Another retailer files for

Several leading automakers adjusted their electric vehicle (EV) goals and scaled back plans in 2024 as a response to sluggish consumer demand for EVs in the auto market. Automakers aren’t abandoning EVs and continue to see them as an important part of their product line heading into the future, but have eased some of their previously

Worker strikes were a significant issue in 2024. From dockworkers to Starbucks baristas, tens of thousands of employees walked off their jobs in conflict with management.  Several of the strikes were more local, not affecting overall operations, but one strike could have caused supply chain issues that would have impacted the holiday season and beyond. 

Hundreds of thousands of eggs sold at Costcos that were part of a recall issued last month have a “reasonable” likelihood that consumption may cause serious health problems or death, due to being contaminated with salmonella, according to the U.S. Food and Drug Administration (FDA). On Friday, the FDA slapped the Handsome Brook Farms eggs

-Stocks wrap up a volatile week ahead of the Christmas holiday  -The Federal Reserve delivers ho-hum holiday rate cut  -President-elect lands big whale of an investment for the U.S. -Crypto elite plow big bucks into Trump’s inauguration  -UnitedHealthcare CEO killer Luigi Mangione extradited to New York City  -Teamsters target Amazon with strike in seven states 

The group behind the meme coin named after viral “Hawk Tuah Girl” Hailey Welch has been hit with a lawsuit from investors after the $HAWK coin crashed within hours of its launch. The complaint filed in New York on Thursday accuses Tuah The Moon Foundation; overHere Ltd and founder Clinton So; and influencer Alex Larson

Tesla has recalled more than 694,000 of its Model 3, Model Y and Cybertruck electric vehicles. The recalled vehicles “installed a software release that was not compliant with the tire pressure monitoring system malfunction telltale requirement” issued by the National Highway Traffic Safety Administration (NHTSA), according to the Tuesday recall report submitted by the EV