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Nathan Bomey

Nathan Bomey

Reporter at Axios

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Location
United States
Covering topics
  • Business
Languages
  • English
Influence score
68
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Nathan Bomey
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NBA takes aim at prop bets - Axios

The NBA banned player Jontay Porter from the league for a violation of league rules around sports betting.
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Tesla reportedly laying off 10% of workforce as EV sales disappoint...

The company recently reported its lowest quarterly sales since 2022.
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What Tesla layoffs mean for Austin - Axios

The electric car maker is Austin’s largest private employer.
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Big banks warn of sting as Americans shift towards higher-yielding ...

A trio of banks turned in strong first quarter earnings, but warned that profits from higher rates are starting to fade.
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Smucker, Hostess "mashups" possible after acquisition - Axios

The $5.6 billion acquisition closed in November, setting up the PB&J food giant to diversify into the snacking category.
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Ford delays new EVs - Axios

Ford today said it’s delaying new electric vehicles as consumer adoption trails expectations.
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Tesla EV sales decline, miss expectations in Q1 - Axios

Tesla’s performance is a close barometer for EVs in general.

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Visa, Mastercard settlement: Credit card fees will be capped for me...

U.S. merchants are expected to save at least $29.8 billion in the five-year deal.
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Consumer spending in groceries, restaurants is weakening - Axios

A slew of companies this week reported signs of consumers weakening, including Lululemon, General Mills and Darden Restaurants.
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FTC says grocers took advantage of pandemic - Axios

The Federal Trade Commission is accusing certain grocers of taking advantage of customers during the pandemic by raising prices unfairly, Nathan writes.
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UAW calls for unionization vote at Volkswagen Chattanooga plant - A...

The factory would be the only non-Detroit Three automotive assembly plant in the U.S. to be unionized.
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EV winter? Fisker weighing bankruptcy, Tesla sales cooling - Axios

Winter might not be quite here for electric vehicles, but there’s frost on the ground.
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Dry promotions - Axios

“Dry promotions” are worthy of a raised eyebrow, Nathan writes.
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How Boeing's problems drag down airlines like Southwest, United - A...

Carriers that were depending on new plane deliveries are now scaling back capacity expectations, or scrambling to find other options.
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Charted: Ozempic-maker Novo Nordisk surges on new obesity drug tria...

The drug giant’s stock has increased more than 88% in price over the past year, and it’s now the 12th largest company in the world.
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Rivian unveils news EVs while losing money - Axios

The last years have taught us that it’s easy to design electric vehicles, harder to make one — and even harder to do it profitably.
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Jake Paul v. Mike Tyson: Netflix to air boxing spectacle - Axios

It’s a big step into live sports for Netflix.
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Mall retail earnings: Macy's, Foot Locker, Nordstrom reeling - Axios

Traditional mall retailers are reeling, but shopping malls aren’t worried.
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BowFlex files bankruptcy: Exercises losing interest in cardio - Axios

Americans are losing interest in cardio equipment — and that’s causing fitness companies to sweat.
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The weights vs. cardio debate - Axios

The cardio vs. weights debate erupted during the Axios business team meeting today when discussing our 1 big thing, Nathan writes.
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One reason Elon Musk is suing OpenAI, Altman and what's next for Mi...

The suit seeks to disrupt the ChatGPT creator’s relationship with its most important investor and customer.