Dollar General and Dollar Tree Earnings Are the Next Big Test for Retailers

Text size Dollar General and Dollar Tree report earnings next Thursday. Justin Sullivan/Getty Images Dollar General and Dollar Tree report earnings next week, but the stocks got crushed well in advanc...

New capacity record for the Lightning Network

Despite Bitcoin’s decline in value, its second-layer Lightning Network recently set a new all-time record.  Lightning Network and the new BTC capacity record We are talking about the capacity, i.e. th...

Cryptocurrencies Will Seriously Undermine RBI’s Capacity to Determine Monetary Policy

The RBI’s concerns mostly revolve around money laundering and crypto-sponsored terrorism. The Reserve Bank of India, popularly known as the RBI, has raised a red flag on the effects of cryptocurrencie...

Chinese Wind-Turbine Companies Seek Global Growth as Western Rivals Struggle

TARANTO, Italy—Chinese wind-turbine makers have grown big on the back of their rapidly growing home market. Now they want to expand abroad, putting further pressure on Western wind-turbine makers, whi...

Walmart Anticipates a Store Manager Shortage Despite $200,000-a-Year Pay

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Walmart Can’t Find Enough Store Managers, Even at $200,000 a Year

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Fisker and Foxconn confirm compact EV will be built at Lordstown plant

Fisker Inc. confirmed Thursday that Foxconn will build its second car, a compact EV, at a newly acquired plant in Lordstown, Ohio. The Fisker FSR, +12.55% Pear will enter production in 2024 and cost a...

OPEC Kingpins Sound Alarm Over World’s Dwindling Energy Capacity

(Bloomberg) — Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Most Read from Bloomberg The oil ministers of Saudi Arabia and the United Arab Emirates war...

Airbus posts profit, plans new jet assembly line in Alabama

Airbus said Wednesday that its profit in the first three months of 2022 more than tripled to 1.22 billion euros ($1.28 billion), helped by an increase in aircraft deliveries as airlines recover from t...

Cardano Might Be Less Than 75% Utilized Capacity of Ethereum: Report

According to data shared by Cardano blockchain insights, Cardano might be operating at 25% utilized capacity of Ethereum. The analogy goes thus: Cardano presently has over 100,000 transactions which, ...

Teladoc stock plunges more than 30% after earnings outlook slashed, massive impairment charge

Shares of Teladoc Health Inc. were slammed in after-hours trading Wednesday, after the telemedicine company took an impairment charge of more than $6.5 billion and slashed its full-year outlook. Telad...

Riot Blockchain to Develop 1GW of Bitcoin Mining Capacity in Texas

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...

Boeing Looked for Flaws in Its Dreamliner and Couldn’t Stop Finding Them

For years, Boeing and the Federal Aviation Administration handled 787 Dreamliner deliveries as though the perfect was the enemy of the good. The FAA allowed the plane maker to deliver the wide-body je...

Cardano Development Team Launches New Update Improving Network’s Processing Capacity By 10%

– Advertisement –   A hard fork combinator enhances Cardano’s processing power by 10%. Cardano’s development team introduced a hard fork combinator into the network today. However, the net...

Ford Hurries Out F-150 Lightning to Grab Share of Electrics Market

The latest electric vehicles offer the power to charge household devices or other EVs using the energy stored in the car’s battery. WSJ’s George Downs explores how some companies are developing vehicl...

Will Wall Street’s ‘Capacity Discipline’ Enforcers Jump Back In As Airlines Report Earnings?

A Delta aircraft taxis at John Wayne Airport in Santa Ana in March. (Photo by Paul Bersebach) MediaNews Group via Getty Images Capacity discipline is back: it reappeared on the Delta Air Lines earning...

Rivian CEO Warns of Looming Electric-Vehicle Battery Shortage

NORMAL, Ill.—Rivian Automotive Inc. Chief Executive RJ Scaringe is warning that the auto industry could soon face a looming shortage of battery supplies for electric vehicles—a challenge that he says ...

Bitcoin Lightning Surpasses Liquid by Capacity for First Time Ever: Here’s What This Means

Vladislav Sopov c-lightning, one of the oldest implementations of channel-based L2 solution for Bitcoin (BTC) network, undergoes rebranding Contents Lightning Network (LN) surpasses Liquid; c-lightnin...

When Quitting Normalizes, Benefit to Low-Wage Workers May Subside

Low-wage workers capitalized on the rare opportunity of a tight labor market with a burst of job-switching. That wave shows signs of easing now and economists say that, apart from a one-off rise in wa...

Tesla Could Reopen Its Shanghai Factory Next Week: Report

Text size An aerial view of Tesla’s Shanghai factory, which closed in late March due to rising cases. Xiaolu Chu/Getty Images Tesla might be reopening its most productive facility earlier than i...

The Chip Sector Has a New Worry in Plant Shutdown for Key PFAS Chemicals

Text size PFAS chemicals are used in the etching process for chip manufacturing. Dreamstime The fragile semiconductor supply chain has one more thing to worry about. Chips have been relatively scarce ...

Retailers Look To Expand Warehouse Capacity, With Some Converting Store Space

Photo by: John Nacion/STAR MAX/Photo in New York City 12/23/21 John Nacion/STAR MAX/IPx Best Buy has converted many of its stores to be a combination of selling space and warehouse space. It enables t...

Howard Schultz Is Back as Starbucks CEO. Here’s His To-Do List.

On Monday, Howard Schultz is expected to step into a familiar role—slated to lead a town hall meeting with employees of Starbucks Corp., the coffee chain he built into a neighborhood cafe across the w...

U.S. Stocks Poised to Open Slightly Lower on Monday

U.S. stocks are poised to open slightly lower on Monday. (Photo by Spencer Platt/Getty Images) Spencer Platt/Getty Images Text size U.S. stocks are set to open Monday slightly lower. On Sunday night, ...

Tesla Deliveries Rose in Quarter Elon Musk Calls Exceptionally Difficult

Tesla Inc. vehicle deliveries rose in the first quarter, but missed Wall Street expectations as the company struggled with global supply-chain disruptions and a brief Covid-19 shutdown at its Shanghai...

Tesla Proposes a Dividend (Not Really). TJX and PNC Announce Payout Hikes (for Real).

Tesla’s proposed ‘dividend’ was really a proposed stock split. Here, a Tesla manufacturing plant near Gruenheide, Germany. Sean Gallup/Getty Images Text size Tesla was among the hand...

CleanSpark inks deal to expand Texas mining capacity by up to 500 megawatts

CleanSpark announced Thursday that it will soon expand its crypto mining capacity by 200 megawatts in West Texas, with a goal of adding 300 megawatts on top of that in the future. The company closed a...

Malaysian Billionaire Brothers’ Press Metal To Raise $231 Million To Boost Capacity Amid Supply Disruptions

Koon Poh Keong is group chief executive of Press Metal Aluminium Holdings. PHOTO BY JOSHUA PAUL GILBERT FOR FORBES Press Metal Aluminium Holdings—controlled by billionaire Koon Poh Keong and his broth...

Walmart Is Removing Cigarettes in Some Stores. Philip Morris and Altria Stock Fall.

Text size Bruce Bennett/Getty Images Shares of cigarette makers fell Monday as Walmart plans to end cigarette sales in some U.S. stores, The Wall Street Journal reported, citing people familiar with t...

Greenidge plans to triple US bitcoin mining capacity after securing $100 million in new financing

advertisement Greenidge Generation Holdings, the owner of a large crypto mining center in upstate New York, has secured $100 million to fund its growing operations in the US. The financing includes an...

5 Retail Stocks That Can Shine in a Slowdown

Text size A customer browses gift-wrapping supplies a Dollar Tree store in Louisville, Ky. Luke Sharrett/Bloomberg Same-store sales are critical for retailers, but many investors worry that they will ...

The Market Rose on the Fed’s Rate Hikes. What It Might Be Missing.

Text size Fed Chair Jerome Powell told reporters Wednesday the central bank had the tools to bring inflation down. Photographer: Julia Nikhinson/Bloomberg It may not rank with the “whatever it takes” ...