Business

Airbnb Sues New Orleans Over Short-Term Rental Regulations, Claiming Invasion of Privacy and Unfair Enforcement

Published on: February 19, 2025, 01:00 AM UTC

Elon Musk's controversial role in the Trump administration has damaged Tesla's brand image, leading to protests and declining sales. A Quinnipiac poll shows voters disapprove of Musk's actions, and an American EV Jobs Alliance survey found EV drivers gave him a negative rating. Tesla employees reportedly fear Musk has damaged the company's brand, and January sales have fallen in Germany, France, Norway, and the UK.

Published on: February 19, 2025, 12:02 AM UTC

Elon Musk's commission targeting Social Security has raised concerns, but the program faces a funding shortfall due to the ratio of workers to retirees. The solution lies in either higher taxes, benefit cuts, or a combination. Musk could help by leveraging his platform and advocating for reforms, but his motives may be aligned with Trump's tax cuts rather than improving government efficiency.

Published on: February 19, 2025, 12:02 AM UTC

Billionaire investor Bill Ackman's Pershing Square makes a revised bid to buy Howard Hughes Holdings (HHH), aiming to acquire 48% of the company and transform it into a diversified holding company, similar to Berkshire Hathaway.

Published on: February 19, 2025, 12:01 AM UTC

Standard Forwarding Freight, a subsidiary of Sakaem Holdings, has acquired regional less-than-truckload carrier Standard Forwarding from DHL, promising service enhancements and investments in infrastructure.

Published on: February 19, 2025, 12:01 AM UTC

President Trump signs executive order seeking to increase White House oversight of independent federal agencies such as the SEC, FTC, and FCC.

Published on: February 19, 2025, 12:00 AM UTC

James Hardie Industries PLC (JHX) reported fiscal third-quarter profit of $141.7 million, with earnings per share of 33 cents. Adjusted earnings came to 36 cents per share, on revenue of $953.3 million.

Published on: February 18, 2025, 11:07 PM UTC

BlueLinx Holdings Inc. reports $5.3 million in fourth-quarter net income, with earnings of 61 cents per share and a yearly revenue of $2.95 billion.

Published on: February 18, 2025, 11:07 PM UTC

Adeia Inc. reports Q4 profit of $36 million with EPS of 32 cents, beating earnings estimates. Revenue came in at $119.2 million.

Published on: February 18, 2025, 11:06 PM UTC

Element Solutions Inc (ESI) reported fourth-quarter profit of $54.7 million, or 23 cents per share. Adjusted earnings came to 35 cents per share, matching Wall Street expectations. Revenue was $624.2 million, exceeding forecasts.

Published on: February 18, 2025, 11:06 PM UTC