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California Governor Proposes Eliminating 10,000 Vacant Jobs to Close $27.6 Billion Budget Deficit
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California Governor Proposes Eliminating 10,000 Vacant Jobs to Close $27.6 Billion Budget Deficit

  • May 10, 2024

California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday. He's proposing eliminating 10,000 vacant state jobs and cutting spending across 260 state programs.

Tesla's First-Quarter Net Income Tumbles 55% as Falling Global Sales, Price Cuts Reduce Profits
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Tesla's First-Quarter Net Income Tumbles 55% as Falling Global Sales, Price Cuts Reduce Profits

  • Updated Apr 23, 2024

From January through March, Tesla manufactured 433,371 vehicles and delivered 386,810, making over 46,000 more than it sold.

News
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General Motors Reports Strong First-Quarter Profits as Prices Help Offset Small U.S. Sales Dip

  • Updated Apr 23, 2024

During the quarter, the company made $3.84 billion before taxes in North America. 

News
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United Airlines Lost $124 Million in First Quarter Due to Boeing Grounding

  • Apr 16, 2024

United Airlines said that they lost $124 million in the first quarter. They blame this loss on the three-week grounding of Boeing 737 Max 9 planes earlier this year.

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Cyberattack Costs Hit UnitedHealth in 1Q That Still Turns Out Better Than Expected

  • Updated Apr 16, 2024

Overall the company lost $1.2 billion in the first quarter. Total revenue grew more than 8% to $99.8 billion.

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What you need to know about Tax Deadline Day
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What you need to know about Tax Deadline Day

  • Alexandra Rae
  • Apr 15, 2024

Today, April 15, is the last day to file your taxes. If you need an extension, you can go to any tax office for assistance. 

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Tesla 1Q Sales Fall Nearly 9% as Competition Heats Up, Demand for Electric Vehicles Slows

  • Updated Apr 2, 2024

The slowing sales will make it difficult for the company to reach the annual growth rate of 50% per year.

News
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Dollar Tree to Close Nearly 1,000 Stores, Posts Surprise Fourth Quarter Loss

  • Updated Mar 13, 2024

Dollar Tree has been attracting consumers that have been stung by inflation as they seek to cut spending.

News
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SEC Approves Rule That Requires Some Companies To Publicly Report Emissions, Climate Risks

  • Updated Mar 6, 2024

The rule passed 3-2, with three Democratic commissioners supporting it and two Republicans opposed.

Donald Trump Fraud Verdict: $364 Million Penalty in Civil Fraud Case
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Donald Trump Fraud Verdict: $364 Million Penalty in Civil Fraud Case

  • Updated Feb 16, 2024

Trump’s lawyers had said even before the verdict that they would appeal.

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