Used vehicle prices fell last month for the first time in 2023
Cox Automotive reported a 3% decline from March to April in its Manheim Used Vehicle Value Index.
Kenvue CEO looks to brand, product innovation to drive growth after IPO
Kenvue CEO Thibaut Mongon said the spinoff’s portfolio of brands, which includes Band-Aid, Tylenol and Neutrogena, has “ample opportunity” to grow.
WHO declares end to Covid-19 global public health emergency
The end of the Covid emergency comes more than three years after the WHO first issued the declaration in January 2020.
Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows
Nonfarm payrolls were expected to increase by 180,000 in April, according to Dow Jones.
Lyft shares plunge 15% on weak second-quarter guidance
Lyft reported better-than-expected revenue for the first quarter, but the company’s guidance spooked investors
CEO Tim Cook says layoffs are a ‘last resort’ and not something Apple is considering right now
Apple doesn’t have plans for big layoffs, CEO Tim Cook told CNBC while discussing the company’s earnings on Thursday.
E. Jean Carroll rests case in civil trial after jurors see video of Trump confusing her with his ex-wife
Trump — sued for battery and defamation stemming from an alleged rape — has said repeatedly that Carroll was “not my type.”
CEO of fitness band maker Whoop mocks the demise of Amazon’s Halo health device
Whoop CEO Will Ahmed said he views the demise of Halo as a win for his startup after alleging that Amazon copied it; Amazon strongly denies the allegations.
Salad chain Sweetgreen reports narrowing losses as it aims for profitability
The salad chain’s traffic increased 2% during the quarter, helping boost same-store sales by 5%.
Berkshire Hathaway is outperforming during turmoil, but Warren Buffett’s favorite child Geico is in trouble
Geico, the crown jewel of Berkshire’s insurance empire, has found itself in trouble recently after losing market share to its best competitor Progressive.
