Texas’s SB8 Makes Seeking Abortion Care More Costly

The Fund for Texas Choice is a practical fund that is desperately trying to cope with an onslaught of requests from women and people needing to travel out of state because Texas's new law sharply restricts abortions. "Typically, we would help around 40 clients a month...

Best Buy wants to reduce their physical footprint to focus on delivery. But will it pay off?

By: Francisco Velasquez Best Buy Co. Inc,  announced in August that it is scaling down its brick-and-mortar locations, in the hopes it will make its online-retail business more relevant as it competes against e-commerce giants like Amazon.  Following pandemic driven...

Beyond Meat Reports Dismal Third Quarter Revenue but Partnerships Could Boost the Company in the Long-Term. 

Beyond Meat reported lower-than-expected revenue for its third quarter, as demand for the company’s plant-based products slumped in the U.S. But it's banking on partnerships with restaurant chains including McDonald’s and Yum! Brands to turn things around.  The...

General Motors wants the impossible, to beat out Tesla

General Motors Co. is working overtime in the electric vehicle industry, saying it’ll beat out the top dog in EV sales, Tesla. The possibility of doing so seems impossible, though. After CEO and Chair, Mary Barra, told CNBC on Oct. 27, that it’s determined to beat...

Twitter needs its bet on paying users to pay off

Despite Twitter’s pronounced effort to pivot into new spaces, its stock has been in freefall lately.

Uber Seeks to Cut Prices With New Pool Rides

By Angel Adegbesan Uber Technologies Inc. launched a new carpooling feature for its rideshare platform as a way to recover from increases in costs of rides. UberX Share allows the option of cheaper rides by sharing a ride with one other person, in addition to the...

Tesla’s new Texas car insurance shoots first, asks questions later

Tesla is now selling car insurance in Texas, its new home state, two years after the automaker first launched the product in California. But the Lone Star State edition is different from its Golden State cousin in that its “shoot first, ask questions later” approach...

Beyond Meat’s Partnership with McDonald’s is the Gamechanger the Company Needs Right Now.  

Beyond Meat’s new deal with fast-food giant McDonald’s could boost the plant-based meat company and help promote the entire industry.  Earlier this month McDonald’s introduced its new plant-based burger developed with Beyond Meat in eight U.S. stores, one month after...

Starbucks’ massive wage hikes are poorly timed despite a labor shortage

Starbucks Corp. (SBUX) is moving fast to get ahead of the labor shortage afflicting restaurants nationwide. It’s part of the reason the coffee giant has moved aggressively  to hit $17 per hour by mid-year 2022. But Starbucks is outspending its competitors without a...

Pinterest could become the best video e-commerce platform

By Olivia Morley If its new video strategy works, Pinterest could be the best at marrying video with e-commerce, at scale. Until this year, Pinterest’s products lagged behind the competition. To compete with TikTok, social platforms from Instagram to YouTube had...
General Motors wants the impossible, to beat out Tesla

General Motors wants the impossible, to beat out Tesla

General Motors Co. is working overtime in the electric vehicle industry, saying it’ll beat out the top dog in EV sales, Tesla. The possibility of doing so seems impossible, though. After CEO and Chair, Mary Barra, told CNBC on Oct. 27, that it’s determined to beat...

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Investment Journal

Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.