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Business

Best Buy’s Outlook On Sales Improves Ahead Of Holidays

NEW YORK (AP) — Best Buy’s profit and sales slipped in the third quarter on weakening demand for electronic gadgets, but it beat expectations and the retailer said a downturn in comparable stores sales this year will not be as bad as it had expected. Shares jumped more than 8% at the ...

A View Into U.S. Borrowing Habits

NEW YORK — Credit Karma is probably best known for giving Americans regular access to their credit scores, but the San Francisco-based company also acts as a starting place to shop for a loan, bank account or mortgage. Roughly 76 million Americans have used Credit Karma, giving the company ...

Tanglewood Hires Zachary Hnatyszyn

The Tanglewood Group has hired Zachary Hnatyszyn. Hnatyszyn brings more than 10 years of medical management and community/business integration experience with him. He will be holding a multifaceted roll in the company as executive director of Comfort Today as well as the regional director ...

Targets Third Quarter Profit Drops 52% As Shoppers Force Price Cuts

NEW YORK — An unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third-quarter profits at Target down 52% after it was forced to slash prices with Americans feeling the squeeze of inflation. The Minneapolis retailer voiced caution ...

Consumers: Ditch Digital- Only Deals

A coalition of consumer groups is asking grocery chains to rethink their digital-only coupons, saying the deals discriminate against people who don’t have smartphones or reliable internet access. Digital-only deals —— advertised online or on store shelves —— can offer significant ...

GM Says EVs To Be Profitable By 2025

General Motors says it expects its portfolio of electric vehicles to turn a profit in North America by 2025 as it boosts battery and assembly plant capacity to build over 1 million EVs per year. CEO Mary Barra used the pledge to kick off the company’s investor day event Thursday in New ...