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2 mins read
It's a terrible time to buy a car, but a great time to sell them
New and used cars are ridiculously expensive right now. That means record-breaking profits for the …
Tim Levin
2 mins read
Bill Gates transferred stock worth about $2.4 billion to Melinda Gates on the same day they announced their divorce
Melinda Gates is now one of the largest shareholders in two of Mexico's biggest companies - a Coca-…
Shalini Nagarajan
2 mins read
Hertz skyrockets more than 100% after Jefferies suggests CarMax or AutoNation could 'swoop in'
"Our channel checks suggest that KMX and AN among others could be eyeing HTZ in bankruptcy," wrote …
Carmen Reinicke
1 min read
11 major companies that have returned millions of dollars acquired through a government relief program meant for small businesses
Shake Shack was the first company to return funds provided by the Paycheck Protection Program.Irene…
Taylor Borden
2 mins read
AutoNation chief Mike Jackson is stepping down
Jackson, who has been known to challenge automakers publicly, grew up in an Irish-American family a…
Varada Bhat
2 mins read
Elon Musk's promises about self-driving cars are 'almost unethical,' says AutoNation CEO
"I think we will be feature-complete full self-driving this year, meaning the car will be able to f…
Mark Matousek
3 mins read
Emily or Lakisha? Guess which one hiring managers chose.
Researchers have said job applicants with Black-sounding names have a tougher time getting callback…
Tim Paradis
1 min read
Car dealership stocks tank after Amazon says it's launching online vehicle sales in 2024
Amazon's announcement on Thursday isn't the first time the e-commerce giant has shaken up an entire…
Matthew Fox
2 mins read
One of car dealers' most closely watched cost metrics is skyrocketing
Auto dealers are paying high rates to keep EVs on their lots — which may mean bargains are li…
Alexa St. John
2 mins read
Only 30 theaters in the world are showing 'Oppenheimer' in Imax 70 mm, the way Christopher Nolan intended people to see it here they all are
Insider has rounded up the 30 locations in the world where you can watch "Oppenheimer" the way dire…
Jason Guerrasio
5 mins read
Goldman exec exits revealed
Insider analysis of partner exits under CEO David Solomon provides a fascinating look at the turnov…
Dan DeFrancesco
2 mins read
There are finally more cars to buy — but there's a new reason Americans can't afford them
A pandemic-induced shortage of cars at US dealerships is finally improving, but buyers are facing s…
Tim Levin
1 min read
Bill Gates transferred another $2 billion worth of stock to Melinda, taking total transfers since their divorce announcement to about $6 billion
Bill Gates transferred stock in manufacturer Deere & Co. and Canadian National Railway to French Ga…
Kate Duffy
2 mins read
Why Carvana stock dropped 97% in the past year as the auto resale success story became a used-car clunker
Carvana's share price has taken a dive as used-car demand plummeted while inflation and interest ra…
Tim Levin
2 mins read
A car dealership CEO says he cut staff by 17%. Now employees are 'happier' and selling twice as many cars.
Some large car dealerships are doing just fine without hiring back all the employees they let go in…
Tim Levin
3 mins read
Cars are going to stay expensive for one simple reason: Dealers and automakers are loving it
New cars are more expensive than ever. Car companies and dealers have little incentive for them to …
Tim Levin
1 min read
Melinda Gates now owns roughly $3 billion across these 3 stocks as part of her divorce proceedings
The separation is expected to generate a wealth transfer not seen since the $38 billion divorce of …
Matthew Fox
1 min read
Bill Gates transferred another $850 million in shares to Melinda, taking total transfers since their divorce announcement to nearly $4 billion
Bill Gates transferred 2.25 million shares of Deere & Co. stock, about 7% of his stake in the compa…
Kate Duffy
2 mins read
Fundstrat's Tom Lee says another epic rally in stocks hit hardest by COVID-19 could be coming soon
"From a market's perspective, a rolling over of COVID-19 should be a "risk-on" signal for epicenter…
Emily Graffeo
4 mins read
I drove an electric van cross-country for a month. It was cheaper than a normal car, but the challenges showed how far EV travel has to go.
The TV presenter Alex Outhwaite was excited to take the VW ABT Transporter on tour, but the month o…