Seattle could lose $750M as Starbucks expands in Tennessee, adds 2,000 jobs

Independent journalist Brandi Kruse joins ‘Varney & Co.’ to discuss Seattle mayor-elect Katie Wilson’s struggles with business as her ‘progressive tax revenue’ and jobless pay for striking workers have citizens worried about the economy. Seattle could lose hundreds of millions of dollars in tax revenue as Starbucks expands operations in Tennessee, a local outlet estimates.  …

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Tesla Q1 earnings, sales top forecasts as company sees ‘tailwinds’ boosting auto business

Tesla (TSLA) reported first quarter earnings that topped estimates after the bell on Wednesday, with Wall Street focused on the company’s slow-to-evolve Robotaxi rollout and capital expenditures, which are expected to balloon due to the company’s AI ventures. Tesla reported revenue of $22.39 vs. $22.08 billion per Bloomberg consensus, down 9% year over year. Tesla…

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Homeownership decline is hitting every age group, new data shows

OpenDoor Technologies CEO Kaz Nejatian discusses the company’s surging stock amidst a new ‘Trump homes’ program to boost housing affordability for first-time buyers. He highlights AI integration to streamline home buying and selling processes. A common narrative suggests that the housing crisis is a young person’s problem, with Gen Z and millennials bearing the brunt…

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Lululemon stock sinks as athleisure company selects Nike veteran as new CEO

What happned: Lululemon (LULU) stock sank 5% in after-hours on Wednesday. What’s moving the stock: The athleisure company picked Nike (NKE) veteran Heidi O’Neill as its next CEO. O’Neill has over three decades of experience in the performance apparel industry. Her experience includes overseeing Nike’s product pipeline, brand voice, and operations, said LuluLemon in a…

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Bessent says ‘many’ allies have asked for currency swaps amid Iran war

U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent said Wednesday that “many” oil-rich U.S. allies in the Persian Gulf…

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