The used vehicle market has experienced considerable turbulence over the past few years, primarily driven by unprecedented conditions stemming from the Covid-19 pandemic. As we move into 2025, insights from auto data and logistics firm Cox Automotive indicate that the market is on a path toward stabilization, albeit still at elevated price levels compared to
Business
In a significant shift that reflects the evolving landscape of travel and loyalty programs, Delta Air Lines has announced a new partnership with Uber, effectively ending its previous collaboration with Lyft. This strategic move, set to take effect in the spring, is aimed at enhancing the travel experience for Delta’s SkyMiles members as they navigate
The American denim landscape has seen a gauge of innovation and revival, none more notable than the resurgence of True Religion. Recently acquired by Acon Investments and SB360 Capital Partners, associated with American Eagle’s Jay Schottenstein, the brand is positioned for a significant renaissance. This marks a pivotal turnaround for a company that has seen
In a surprising twist within the streaming landscape, Disney has announced its plans to merge its Hulu+ Live TV service with Fubo, a well-known internet TV provider. This collaboration will position Disney as the majority owner of the newly formed entity, holding a commanding 70% stake while Fubo shareholders retain the remaining 30%. Set for
As the media landscape continues to evolve with the rise of digital platforms and shifting consumer habits, Comcast is making bold moves to reclaim advertising dollars traditionally dominated by social media giants. The launch of Universal Ads signifies an essential pivot in the advertising market, aiming to create a user-friendly platform that facilitates ad buying,
Boeing, a titan in the aerospace industry, is attempting to navigate a difficult landscape characterized by substantial setbacks and scrutiny. Just a year prior, a significant incident involving an Alaska Airlines Boeing 737 Max 9 thrust the company back into the public eye, highlighting severe lapses in safety procedures. A fuselage panel covering an unused
DraftKings is making significant waves in the sports betting landscape with its latest innovation, DraftKings Sportsbook+. Launched on December 28 and currently available to select customers in New York, this subscription service aims to enhance the betting experience through a unique profit-boosting structure. For a monthly fee of $20, users can enjoy various profit boosts
On a remarkable note, Rivian Automotive has captured the attention of investors with a staggering 24.5% surge in its stock value, marking the most significant single-day leap since its public listing in November 2021. Closing at $16.49, this uptick can be attributed to the electric vehicle manufacturer’s alignment of its 2024 production forecasts and actual
In a historic move, the Department of Transportation (DOT) has imposed a $2 million fine on JetBlue Airways for what they describe as “chronically delayed flights.” This penalty marks a significant turning point in air travel regulation, setting a precedent that could influence future actions against airlines with poor performance records. According to the DOT,
In a significant public health announcement, the U.S. Surgeon General Dr. Vivek Murthy highlighted the grave link between alcohol consumption and an increased risk of various cancers. This advisory serves as a critical reminder that the dangers associated with alcohol are not merely a matter of intoxication and accidents but extend deeply into serious health