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 ...
Buddy Brewster’s Ale House officially opened its second location at 300 East Fairmount Avenue, Lakewood, on Wednesday, Nov. 16. Owners Andrew and Amber Carlson cut the ribbon on the newly refurbished restaurant space, which includes a separate bar and family dining area, along with glass ...
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 York. The profit figure includes vehicle sales revenue, benefits from emissions tax credits, and revenue from software and parts sales, she said. Barra said the company’s EV portfolio appeals to a broader range of customers than the competition. GM EV lineup includes plans to sell a small SUV ...
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 ...
The Chautauqua-Cattaraugus Board of Realtors has named William “Bill” Burley as 2022 Realtor of the Year at the organization’s annual installation banquet held recently. Criteria for the award include: involvement at the local realtor board, community activity and charitable giving, ...
NEW YORK (AP) — Corporate profits have withstood raging inflation over much of the last year, but those good times may be ending. Profits stayed fat even as companies’ costs rose thanks to one simple trick: Businesses boosted the prices they charged customers by more than their own costs rose. Now, though, more companies are seeing their costs rise faster than their revenues. In the parlance of finance executives, their margins are getting squeezed, and that’s acting as a drag on their profits. To be sure, corporate profits are still near record highs. Companies in the S&P ...
