Latest News: Companies

Tesla is still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

Tesla is still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

You’re here is still the best-selling electric vehicle brand in the United States, but its dominance is eroding as competitors offer a growing number of more affordable models, according to a report released Tuesday by S&P Global Mobility. The data company found that Tesla’s market share of new U.S.-registered electric vehicles was 65% in the …

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Shopper participation hit record high over Black Friday weekend, retail group says

Shopper participation hit record high over Black Friday weekend, retail group says

A customer searches for shoes at a Macy’s store during the Black Friday sale on November 25, 2022 in Jersey City, New Jersey. Kena Betancur | Getty Images A record number of holiday shoppers – 196.7 million – have returned to stores in droves and searched for deals from Thanksgiving Day to Cyber ​​Monday, according …

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Inflation is forcing restaurants and mom and pop chains like McDonald's to build on their strengths

Inflation is forcing restaurants and mom and pop chains like McDonald’s to build on their strengths

Customers at a McDonald’s restaurant Scott Mill | CNBC As the restaurant industry battles inflation, the chains’ large size and access to cash give them the upper hand, but independents have their own advantages when dealing with higher costs. Feeling the pressure on their budgets, consumers have reduced their frequentation of restaurants in recent months. …

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