340K

Tattered Cover lost $340,000 last month and expects to remain in the red this month, a fiscal shortcoming that arrives as the bookseller is trying to chart a course to profitability. The bankrupt company took in $630,000 in January — more than it had projected it would — but spent $970,000, according to a monthly update it filed Feb. 21 with the U.S. Bankruptcy Court. That same report projects a $110,000 loss for February. “This is a seasonal business,” CEO Brad Dempsey said in an interview Monday. “Our sales essentially…

Lovers of sleek, luxurious, and insanely expensive cars, you’ve now got an American-made EV equivalent in the form of Cadillac Celestiq. General Motors just announced that it has finally started production at its factory in Michigan, but only in very limited numbers, of course. Here’s what that eye-watering starting price of $340,000 will buy you. While the Rolls-Royce Spectre gives off a more stately, monolithic appearance, Cadillac’s designer went for dynamic proportions here with a sweeping roof…