Jonathan Wong
The Latest
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Tesla Adjusts Model Y Pricing Amid Market Fluctuations and EV Incentive Changes
Tesla Inc. has adjusted the pricing of its Model Y electric vehicles in the United States, marking a strategic move amid fluctuating market demands and the evolving landscape of electric vehicle (EV) incentives. 
Tesla Inc. has adjusted the pricing of its Model Y electric vehicles in the United States, marking a strategic move amid fluctuating market demands and the evolving landscape of electric vehicle (EV) incentives. -
NYCB Stock Plunges Amid CEO Exit and $2.7 Billion Loss
New York Community Bancorp (NYCB) witnessed a significant drop in its stock value, exceeding 20%, following the announcement of a pivotal leadership transition and the revelation of critical issues within its internal controls. 
New York Community Bancorp (NYCB) witnessed a significant drop in its stock value, exceeding 20%, following the announcement of a pivotal leadership transition and the revelation of critical issues within its internal controls. -
Biden Administration Proposes Stricter Penalties for Airlines Mishandling Wheelchairs
The Biden administration is taking significant steps to address the issue of airlines damaging or misplacing wheelchairs, a concern that has grown as more travelers with disabilities report mishandling of their mobility devices 
The Biden administration is taking significant steps to address the issue of airlines damaging or misplacing wheelchairs, a concern that has grown as more travelers with disabilities report mishandling of their mobility devices -
Increased Tax Refunds Anticipated as IRS Implements Inflation Adjustments
The Internal Revenue Service (IRS) has commenced the distribution of tax refunds for the 2024 tax season, bringing financial relief to millions of Americans, particularly those eligible for the Earned Income Tax Credit (EITC). This year, taxpayers who qualify for the EITC can claim up to $7,430, a significant boon for families and individuals with low to moderate incomes seeking to mitigate their tax burdens and potentially secure refunds even in the absence of tax liabilities. 
The Internal Revenue Service (IRS) has commenced the distribution of tax refunds for the 2024 tax season, bringing financial relief to millions of Americans, particularly those eligible for the Earned Income Tax Credit (EITC). This year, taxpayers who qualify for the EITC can claim up to $7,430, a significant boon for families and individuals with low to moderate incomes seeking to mitigate their tax burdens and potentially secure refunds even in the absence of tax liabilities. -
Starbucks Commits to Wage Hike for Union Workers, Signaling Thaw in Labor Relations
Starbucks has announced a pivotal shift in its approach to unionized employees, signaling a potential end to the long-standing impasse with Workers United, the union representing a segment of the coffee giant's baristas. 
Starbucks has announced a pivotal shift in its approach to unionized employees, signaling a potential end to the long-standing impasse with Workers United, the union representing a segment of the coffee giant's baristas. -
Beyond Meat's Shares Leap on Revenue Beat and Aggressive Cost-Cutting Initiatives for 2024
Beyond Meat Inc. has exceeded market expectations for its fourth-quarter revenue, buoyed by sustained demand for its plant-based products outside the U.S. and a strategic shift towards aggressive cost management for 2024. 
Beyond Meat Inc. has exceeded market expectations for its fourth-quarter revenue, buoyed by sustained demand for its plant-based products outside the U.S. and a strategic shift towards aggressive cost management for 2024. -
Apple Puts Brakes on Electric Car Dream, Steers Toward AI Future
Apple Inc. has officially pulled the plug on its ambitious yet secretive endeavor to develop an electric car, marking a significant shift in the tech giant's foray into automotive technology. 
Apple Inc. has officially pulled the plug on its ambitious yet secretive endeavor to develop an electric car, marking a significant shift in the tech giant's foray into automotive technology. -
Family Dollar Stores Hit with Record $41.6M Fine Over Sanitary Violations
Family Dollar Stores, a subsidiary of Dollar Tree Inc., has been ordered to pay $41.6 million for distributing goods from a rodent-infested warehouse in West Memphis, Arkansas. 
Family Dollar Stores, a subsidiary of Dollar Tree Inc., has been ordered to pay $41.6 million for distributing goods from a rodent-infested warehouse in West Memphis, Arkansas. -
Macy's to Shut 150 Stores by 2026, Expands Luxury Brands Bloomingdale's and Bluemercury
Macy's has announced the closure of 150 underperforming stores by 2026, coupled with an ambitious plan to enhance its presence in the luxury market through its Bloomingdale's and Bluemercury brands. 
Macy's has announced the closure of 150 underperforming stores by 2026, coupled with an ambitious plan to enhance its presence in the luxury market through its Bloomingdale's and Bluemercury brands. -
Bank Executives' Pay Soars Amid Nationwide Branch Closures
The juxtaposition of soaring executive compensations against the backdrop of widespread branch closures has ignited a debate on corporate priorities and financial equity. 
The juxtaposition of soaring executive compensations against the backdrop of widespread branch closures has ignited a debate on corporate priorities and financial equity.
