Wayfair Inc. in the News
Wayfair's first large-format store to open next week
Wayfair's first large-format store will officially open up shop once the online home goods retailer holds a grand opening on May 23. It will encompass 150,000 square feet.
Wayfair to cut 1,650 jobs a month after CEO says employees should be 'working long hours'
E-commerce home goods retailer Wayfair said it will cut jobs and expects its restructuring plan, which started in August 2022, to save more than $280 million.
AAA cautions over gas prices: Oil market disruptors 'always lurking'
Economic slowdown, warfare tensions and hurricane season loom over the oil market's horizon, and AAA's Andrew Gross details where U.S. gas prices are heading.
Oil CEO calls Biden out for missing ‘golden window’ to replenish the US petroleum reserve: 'Really bad'
The Biden administration "did nothing" to refill the U.S. Strategic Petroleum Reserve when oil prices were low, Canary CEO Dan Eberhart warns about energy insecurity.
Election reaction, Disney slips and more: Wednesday's 5 things to know
The balance of power is till being decided early Wednesday however there were major victories by Ron DeSantis, John Fetterman and J.D. Vance.
Wayfair sales dip in second quarter, loses customers
E-commerce company Wayfair Inc. reported on Thursday a second-quarter sales decline of 14.9% year-on-year to $3.28 billion.
Despite high gas prices, spring break travelers ‘ready to break out’: AAA
Spring breakers are not letting surging gas and vacation rental prices stop their travel plans, according to AAA.
Texas driller produces US oil industry 'miracle'
US-based drilling companies work to produce more market supply while the Biden admin looks to outsource.
Amazon, Facebook, Pfizer join coalition of 33 companies vowing to hire Afghan refugees in US
Amazon, Facebook and Pfizer have joined a group of 33 companies vowing to hire refugees coming into the U.S. from Afghanistan.
Crude oil prices rise after Colonial Pipeline cyberattack
The Colonial Pipeline's shutdown is pushing oil and gasoline prices higher.