Last year, Costco Wholesale moved almost 400,000 vehicles of all major brands in the U.S., twice as many as in 2008. Costco is tapping America’s growing wariness with car dealers. Costco doesn’t sell cars per se.
Fewer Americans sought unemployment benefits last week, a sign that job cuts remain low as employers are confident enough in the business outlook to hold onto their staffs.
China’s red-hot Shenzhen stocks are the next “short of a lifetime”, closely watched investor Bill Gross announced late Wednesday, however many strategists beg to differ.
The U.S. tight-oil boom is here to stay despite low crude prices as technological breakthroughs will allow steep reductions in costs, the head of U.S. firm ConocoPhillips (COP.N) told a seminar organised by oil-producing group OPEC. Tight-oil reservoirs can remain viable today, breakeven costs are already down by 15 to 30 percent,” Ryan Lance, chairman and CEO of Conoco, said on Thursday. The North American shale oil industry “will survive
Apple’s first yen bond sale has raised $2 billion for the company, according to a regulatory filing Thursday. Apple’s 250 billion Japanese yen-denominated bond has a coupon of 0.350 percent and matures …
High-ranking members of Greece’s governing radical left Syriza party say they cannot accept a deal proposed by the country’s creditors during a meeting between Prime Minister Alexis Tsipras and the head …
Harry Styles is soldiering on without Zayn Malik. What choice does he have, though? The One Direction singer called in to KIIS-FM’s On-Air With Ryan Seacrest Thursday to discuss the…
Former Texas Gov. Rick Perry announced his presidential bid Thursday morning, making it the second time that he will run for president. In a video on his website that features several…
George R.R. Martin knows you’re not really happy with the sexual assaults on HBO’s Game of Thrones, specifically with what happened to Sansa Stark (Sophie Turner) in the recent twist…
Britney Spears perked up when she was asked about Mariah Carey Thursday. The singer phoned in to The Dan & Maz Show on Sydney’s 2Day FM radio station, where co-hosts Dan Debuf and Maz…