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U.S. Car Sales Expected to Increase Again in the Third Quarter
Business

U.S. Car Sales Expected to Increase Again in the Third Quarter

The car market has yet to see an impact from UAW strike-related factory shutdowns. Source link

5 Ways That Buying a Car Has Drastically Changed
Business

5 Ways That Buying a Car Has Drastically Changed

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Carvana Strikes Deal to Avert Cash Crunch
Finances

Carvana Strikes Deal to Avert Cash Crunch

The used-car seller will sell stock and pledge assets to back new debt. Source link

Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering
Business

Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering

Carvana shares surged Wednesday after the used-car retailer said that it had reached a bond-swap deal to reduce its debt by $1.2 billion and launched

For Clues About Carvana's Future, Look to Its Past
Business

For Clues About Carvana's Future, Look to Its Past

Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans. Source link

Conagra Sales Rise, Profit Falls as Inflation Eases
Business

Conagra Sales Rise, Profit Falls as Inflation Eases

The food manufacturer said shoppers continued to stomach rising food prices, boosting its margins and sales. Source link

CarMax Picks the Profit Lane
Finances

CarMax Picks the Profit Lane

The used-car retailer has managed to increase its gross margins in a tough selling environment. Source link