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Business News

Tesla Sales, Deliveries Drop for First Time Since 2020

Elon Musk told investors in January of plans to build a more affordable Tesla electric car down the road.

Business News

Norwegian Cruise Passengers Stranded on African Island After Private Tour Ran Late, Ship Departs Without Them

According to the eight stranded passengers, they had to pay for their travel and accommodations to return to the mainland. Norwegian says it will reimburse their extra expenses.

Business News

Billionaires Are Getting Ready for Summer With Wildly Spectacular Superyachts

New custom builds from the world's most prestigious shipyards — Lurssen, Feadship, Oceanco, Benetti — can run into the hundreds of millions. Even a used superyacht can cost $75 million.

Franchise

An Innovative Financing Technique is Gaining Traction — And It's a Big Factor in the Potential $9.5 Billion Subway Acquisition

Roark Capital's proposed acquisition of Subway introduces a significant pivot. This strategy shift towards a substantial debt model underlines the evolving dynamics of franchise growth and capital structure, spotlighting the broader acceptance of whole business securitization as a cornerstone in franchise financing.

Business News

Here's Why Microsoft Is Separating Teams From the Rest of the Office Suite

The answer has to do with a complaint from the competition: Slack.

Business News

The Accountant Shortage Is So Bad That It's Delaying Key Reports at Companies Like Tupperware

Accountant staffing issues are becoming an operational headache with no signs of abating.

Business News

UPS Just Inked a Major Deal With the U.S. Postal Service — And Ended a 20-Year Relationship With FedEx

The U.S. Postal Service named UPS as its primary domestic air cargo provider.

Business News

These Are the 5 Most Unaffordable U.S. States to Buy a House, According to a New Report

A new study by Bankrate sheds light on the housing affordability crisis in the U.S.

Business News

Lisa Vanderpump Says If You Want to Run a Business, Get Some Thicker Skin

We spoke with restauranteur Lisa Vanderpump ahead of the premiere of her new Hulu show, "Vanderpump Villa."