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Breaking News: Business

Carvana inventory tanks in continued sell-off

A Carvana used automotive "merchandising machine" on Might 11, 2022 in Miami, Florida.Joe Raedle | Getty PicturesShares of Carvana plummeted for a second-consecutive buying and selling day as traders unloaded shares of the embattled…

Former MoviePass CEO charged in alleged fraud scheme

Sopa Photos | Lightrocket | Getty PhotosFormer executives at MoviePass and its father or mother firm have been charged with fraud, in line with a federal indictment that was unsealed Friday.Theodore Farnsworth, 60, former CEO of Helios…