Just eight months after emerging from a previous restructuring, Rite Aid Corp. has filed for Chapter 11 bankruptcy protection once more. The new filing signals additional store closures, including locations in Western New York.

Tesla’s sales in Germany fell below 1,000 cars last month, signaling a significant challenge for the electric car manufacturer. This decline is the latest in a series of bad news for Tesla’s stock.

BWXT announced impressive double-digit growth across key metrics in the first quarter of 2025, reinforcing confidence in its annual outlook by reaffirming guidance. The strong performance underscores the company’s robust operations and optimistic future projections.

Facing tariff-related uncertainties, Ford Motor Co. reported a 64% drop in first-quarter net income to $471 million, prompting the automaker to suspend its annual earnings guidance.

In America’s most expensive cities, even those earning over $100,000 a year are finding it hard to stay afloat. Soaring housing costs and escalating daily expenses are diminishing the value of high salaries, forcing many to reconsider the true cost of urban living.

Residents of a luxury condominium on New York City’s Billionaires’ Row are accusing developers of concealing dangerous defects within the building. Lawsuits have been filed against Macklowe and CIM Group as owners report structural flaws and safety concerns.

As the 137th Canton Fair opens in Guangzhou, China, fishing supplies manufacturers are stepping into the spotlight, reflecting the rapid transformation of fishing from a leisurely pastime to a dynamic industry. This shift highlights how niche hobbies entering the mainstream are reshaping traditional industries.

As Regal Rexnord prepares to announce its first-quarter earnings for 2025, analysts predict a robust performance with an expected EPS of $1.82 and revenue reaching $1.38 billion.

Southern Tire Mart at Pilot is rapidly expanding its network, now boasting over 80 locations nationwide. This growth offers drivers and fleets enhanced maintenance services, streamlining operations, and reducing downtime.

As mortgage rates climb and home prices soar, many Americans find the dream of home ownership slipping away. Elevated costs are stretching buyers’ budgets thin, widening the affordability gap across the nation.

Wedbush analyst J. Mccanless has revised the Q3 2025 earnings forecast for LGI Homes, lowering the earnings per share estimate to $2.20. The adjustment suggests a more cautious outlook for the financial services provider in the upcoming quarter.

Coloplast A/S has updated its financial guidance for the fiscal year 2024/25 and pre-announced key financial figures for the first half of the year. This significant move signals important developments for investors and stakeholders alike.

After a historic rout, oil prices have stabilized with Brent crude at $61.13 and West Texas Intermediate at $58.22 per barrel. The market adjustment comes amid rising inventories and slowing demand.

As the automotive industry grapples with rising costs and the shift to electrification, Rolls-Royce is confidently investing over £300 million to expand its Goodwood factory, signaling its readiness for an electric era.

OnePlus has confirmed that its upcoming 13s and 13T smartphones will not be available in Europe and North America. Instead, these compact flagship models will launch exclusively in India, contradicting earlier reports suggesting a wider release.

Korea Post has selected Mirae Asset Global Investments as the preferred manager for its new core real estate fund exceeding 600 billion won ($416.8 million). The fund aims for a 7% internal rate of return by investing in prime office spaces and logistics centers in the Seoul metropolitan area.

French media giant Banijay is reportedly in early discussions to acquire UK broadcaster ITV. The potential deal could result in an outright takeover or the purchase of ITV’s lucrative production wing, marking a significant move in the global television industry.

HC Wainwright has lifted its first-quarter 2025 earnings estimates for Alumis Inc., with analyst M. Kapoor now forecasting a loss of ($1.03) per share. The upward revision signals increased confidence in the company’s financial outlook.

Global stocks and the dollar are poised for weekly gains as President Trump’s decision to backtrack on tariffs fuels investor optimism. Markets across the Asia-Pacific region climb amid hopes of a thaw in the U.S.-China trade war.

In an effort to promote equity in its cannabis industry, the Sacramento City Council has approved three new dispensary permits specifically for equity program participants and has extended the application timeline. This move aims to enhance equal opportunities within the city’s burgeoning cannabis market.

Americans may soon face empty store shelves due to President Trump’s ongoing trade war with China, warns business reporter Christine Romans. Significant drops in shipping activity and markets reacting to tone shifts rather than policy changes signal potential supply chain disruptions that will impact consumers in the coming weeks.