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Tuesday, November 26, 2024

Business

Fat Brands confidentially files to IPO Twin Peaks, Smokey Bones brands days after federal indictment

Smokey Bones at Broadcasting Square. Tim Leedy | Medianews Group | Getty ImagesFat Brands said Tuesday it has confidentially filed to take its Twin...

Comcast offers subscribers Peacock, Netflix and Apple TV+ bundle

Omar Marques | Lightrocket | Getty ImagesComcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying...

Stellantis to rapidly grow exports of Chinese EVs to Europe, other countries

Stellantis CEO Carlos Tavares and Leapmotor founder and CEO Zhu Jiangming shake hands in relation to new partnerships between their companies.StellantisAutomaker Stellantis expects...

Chinese giant Alibaba posts 86% profit drop but beats revenue expectations

Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the world. Alibaba said...

Media companies look to woo advertisers as spending shifts to digital

Kevin Mazur | Getty Images Entertainment | Getty ImagesMedia giants are making their annual pitches to advertisers this week against the backdrop of...

McDonald’s is working to introduce a $5 value meal

Los Angeles, CA, Monday, April 1, 2024 - McDonalds located on Santa Monica Blvd. Robert Gauthier | Los Angeles Times | Getty ImagesMcDonald's is...

Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans

At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there's...

Ford names ex-Lucid Motors exec as next CFO, promotes current chief

Ford's Chief Financial Officer John Lawler and Linda Zhang, chief engineer for the company's All Electric F-150 Lightning, participate in the opening bell...

Rivian, Lucid and other EV startups scramble to shore up cash and reassure Wall Street

R1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022. Brian Cassella | Tribune News Service...

Planet Fitness is raising prices even as it warns customers are growing cost-conscious

People work out at a Planet Fitness in Alexandria, Virginia, U.S., January 8, 2024. Leah Millis | ReutersPlanet Fitness is hiking its base-level membership...

Sinclair explores selling roughly 30% of its broadcast stations, sources say

Signage stands outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S., on Friday, Aug. 10, 2018. Andrew Harrer | Bloomberg | Getty...

McDonald’s is betting on its mobile business with new franchisee digital marketing fund

A Big Mac is displayed on a page of the McDonald's appDaniel Acker | Bloomberg | Getty ImagesMcDonald's U.S. franchisees will start paying...

Fitness startup that Peloton once tried to buy is growing as the pandemic darling shrinks

Connected fitness company Hydrow, which Peloton once tried to buy, is growing sales and has acquired a majority stake in strength training company...

How Apple’s record $100 billion-plus stock buyback benefits shareholders

We always say we love companies that are serial repurchasers of their stocks. That's because as outstanding share counts go down, investors don't...

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