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205 Results / Page 8 of 23

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Carvana
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Automotive News

Carvana to lay off 2,500 employees

Executives to forgo 2022 salaries

PHOENIX (UPI) -- Online used car retailer Carvana plans to lay off 2,500 employees, according to a document filed with the U.S. Securities and Exchange Commission on Tuesday. The company made the decision to make the cuts, which represent roughly 12% of its workforce, in response to macroeconomic factors that have "pushed automotive retail into recession," according to the filing. "While Carvana is still growing, our growth is slower than what we originally prepared for in 2022, and we made […]

todayMay 12, 2022 27

Netflix
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Business & Lifestyle

Netflix shares plunge after report of subscriber drop

NEW YORK/LOS ANGELES (UPI) -- Netflix, once the king of streaming, saw its shares tumble 37% Wednesday after its earnings report revealed that its lost subscribers for the first time in more than a decade. The media company said it lost a net 200,000 subscribers in the first three months of the year even though it added 500,000 worldwide. It lost 700,000 subscribers in Russia after pulling out of the country because of its invasion of Ukraine followed by sanctions. Netflix […]

todayApril 20, 2022 16

Dow Jones stock market
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Business & Lifestyle

Dow bounces back 499 points

Netflix posts first subscriber loss in a decade

The Dow Jones Industrial Average gained 499.51 points as investors turned their focus to earnings reports, which saw Netflix report its first loss of subscribers in a decade. NEW YORK (UPI) -- U.S. markets rebounded Tuesday as investors weighed a flurry of earnings reports, including disappointing numbers from Netflix. The Dow Jones Industrial Average gained 499.51 points, or 1.45%, while the S&P 500 rose 1.61% and the Nasdaq Composite ended the day up 2.15%. Netflix reports a drop in net […]

todayApril 19, 2022 22

business
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Business & Lifestyle

Understanding what makes a good business

Three tips to help you see success

When you are trying to start a business, one of the things that you are going to need to do is understand what makes a good business. Once you have a grasp on that, you can then start putting the right measures into place so that your business becomes a success. If you don’t know about what makes a successful business right now, that’s okay, because you will by the time you have finished reading this article. A strong business […]

todayApril 5, 2022 69

Uncategorized

Bouncing back after COVID-19

How businesses are faring

The business world has had to face a lot in the past few months. From the global pandemic of COVID-19 to the stock market crash, businesses have had to readjust and bounce back in ways they never thought possible. So how are they doing? Trends to observe There is no one answer to this question, as businesses face different challenges and make other decisions. However, some general trends can be observed: How to ensure success If you are a business […]

todayApril 5, 2022 50

Harbor Freight
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Business & Lifestyle

Harbor Freight to open in Litchfield next week

LITCHFIELD -- Beginning next Monday, Apr. 11, there will be a new occupant in the former Kroger and Aldi store in Litchfield. California-based Harbor Freight Tools will occupy the retail space at 1111 W. Ferdon Street. Furthermore, store management and staff are preparing for the grand opening. The store is bringing between 25 and 30 new jobs into the community. This includes positions like sales and logistic supervisors, senior and sales associates, and seasonal positions. Pictured is 1111 W. Ferdon […]

todayApril 4, 2022 70

Sky View Drive-In Litchfield Grease
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East Central Illinois Region

Legendary drive-in kicks off 2022 season with ‘Grease’

Sky View Drive-In in Litchfield, Illinois. LITCHFIELD -- If you're up for a minor road trip this weekend, stop no further than Litchfield. The city's legendary Sky View Drive-In is kicking off its 2022 season with a throwback flick. The season kicks off Friday with a showing of the 1978 film Grease. The film will also be shown on Saturday. https://youtu.be/THd96gHV7Tg Of course, that is only the beginning. That is only the first of two opening weeks that a classic […]

todayMarch 30, 2022 32

TNB Bank TrustBank
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Business & Lifestyle

Olney-based TrustBank acquires TNB Bank

TUSCOLA -- TNB Bank in Tuscola recently got a new name and new ownership. TrustBank is a bank group based in Olney that, prior to the acquisition, had four branches in Illinois and three in Arizona. The sale of TNB Bank was finalized Friday, and the facility re-opened Monday under the TrustBank banner. "The company is very excited to extend its reach into Douglas County," stated Gina Kocher, director of marketing and business development for TrustBank. "It fits our culture. […]

todayMarch 16, 2022 193

Missouri cryptocurrency
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Financial News

Missouri legislation would shield cryptocurrency from some taxes

JEFFERSON CITY (The Center Square) – Missourians using digital or virtual currencies would be protected from some taxation under a bill introduced in the legislature. House Bill 2672, sponsored by Rep. Phil Christofanelli (R-St. Peters) exempts cryptocurrencies from property tax and securities regulation. The bill defines digital assets in Missouri’s Uniform Commercial Code. It would exempt the sale or use of cryptocurrency from money transmitter licensing requirements. “My goal is to ensure Missouri is open to innovation and opportunity as […]

todayFebruary 24, 2022 61

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