By Daniel Kline A major new Sin City players has a bold way to win customers from Caesars, MGM, Wynn, and the rest of its Strip rivals. Resorts World Las Vegas wants to crash the party and change the focus of the Las Vegas Strip. At the moment, the gle…
Frontier Airlines Wants to Give You a Free Flight
By Michael Tedder The airline has a new offer after it was jilted by Spirit for JetBlue. Earlier this year, Frontier Airlines was all set to merge with Spirit Airlines to create, basically, a giant of budget air travel. Frontier had a ring, had a tuxed…
Zuckerberg Bet Big (and Maybe Got the Metaverse Very Wrong)
By Rob Lenihan The Facebook founder put billions into a strategy that may not be what people want and he opened the door for an unlikely competitor. Mark Zuckerberg is beginning to see the light. The Meta Platforms (META) – Get Meta Platforms Inc. Repo…
Elon Musk Attacks the Pentagon
By Luc Olinga The CEO of Tesla and SpaceX does not digest leaks related to the Starlink service provided to Ukraine at war against Russia. Elon Musk is angry. The CEO of Tesla (TSLA) – Get Tesla Inc. Report and SpaceX is used to controlling communicati…
Now’s Your Chance to Buy a Classic Luxury Item on Sale
By Veronika Bondarenko Economic turmoil is taking its toll, even on the wealthy, creating an opportunity to acquire a key status symbol for less. Economic turmoil can be painful, but it can also create great opportunities. For those with a hankering fo…
Twitter Bid: Bad Surprises for Elon Musk
By Luc Olinga The billionaire is finalizing the acquisition of Twitter but two unexpected surprises await him. The Elon Musk Saga v. Twitter (TWTR) – Get Twitter Inc. Report, which has occupied business circles since April, is not stingy with twists an…
Ugly (Really) Rates and Unemployment Forecast Out From BofA
By Dan Weil BofA economists see the federal funds rate hitting 5% by March 2023, sending shockwaves through the economy. The $64,000 question in financial markets is whether the Federal Reserve can engineer a soft landing. That would mean raising inter…
Tesla Rival Has a New Way to Power Electric Vehicles
By Rob Lenihan Sono Motors ties solar power to an EV, the Sion, in what it expects to be an affordable and environmentally friendly car. Electric cars and solar energy are two fields drawing enormous funds from investors as well as interest from consum…
Kohl’s Faces New Effort to Shake up Retailer’s Board
By Jeffrey Quiggle In an open letter to shareholders, the owner of a 5% stake in the retailer offers its own candidates to replace current directors. Macellum Advisors is again calling for the removal of Peter Boneparth, Kohl’s Corporation (KSS) – Get …
Target, Walmart, and Amazon Have Ruined Black Friday
By Daniel Kline The holiday shopping season used to make sense, but that’s not the case anymore and it’s not likely to ever go back to how it was. Halloween remains more than two weeks away and Walmart (WMT) – Get Walmart Inc. Report, Amazon (AMZN) – G…