Business

GM Makes $1,500 OnStar Subscription Mandatory on GMC, Buick, Cadillac Models

If you don’t want to pay for in-car subscriptions every month, no problem: Just pay it all upfront. That’s the line from General Motors today after news spread that it’s making a three-year, $1,500 OnStar connected services subscription a mandatory “option” for new Buick, GMC, and Cadillac Escalade models. The subscription, which enables things like …

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Dems’ spending bill hammers Americans with billions in new taxes

Tax experts are still trying to work out exactly what the so-called Inflation Reduction Act — a 755-page patchwork of giveaways, carveouts, and subsidies which purports to ease inflation by reducing the deficit and hiking taxes — will cost average Americans. However, they agree on one thing: It’s likely to be a lot. “Everyone is …

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We’re Downgrading This Semiconductor Firm and Cutting Our Price Target

We are downgrading the shares of Nvidia (NVDA) to a Two rating from One, and dialing back our price target on the shares to $200 from $225. These moves reflect the company’s downside pre-announcement for its July quarter in which it slashed its revenue expectation to $6.7 billion vs. the $8.1 billion consensus forecast and …

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Coinbase Reports 63% Drop in Revenue Amid Crypto Industry Slump

When the cryptocurrency exchange Coinbase went public in April 2021, it was a triumphant moment for the nascent crypto industry. But the company has endured a grim 2022, grappling with a crypto market crash that has tanked its stock price and forced it to lay off hundreds of employees. Those struggles continued on Tuesday when …

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Toll Brothers mistakenly sells more than 80 lots to Sparks homebuyers

A Sparks homebuyer literally got more than she bargained for after ending up with a swath of house lots in a Toll Brothers subdivision — plus two common spaces — while buying a single-family home. Washoe County Assessor data showed that the buyer was originally purchasing a single-family home that was valued at $594,481. Additional …

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Southwest Airlines flight attendant breaks her back during hard landing in California

A Southwest Airlines flight attendant suffered a compression fracture to a vertebra in her upper back during a hard landing last month in California, according to federal safety investigators. The National Transportation Safety Board said the impact of landing was so hard that the flight attendant thought the plane had crashed. She felt pain in …

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Domino’s Closes Its Last Restaurant in Italy

Who would’ve thought that American-style pizza wouldn’t last in Italy?Image: Brandon Bell (Getty Images) Domino’s foray into the motherland of pizza—Italy—proved to be a failure. The pizza restaurant company has closed its final Italy-based store after seven years of operating in the country. If there’s a thing Italians don’t mess around, it’s their food. Thin …

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