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Tag: Breaking News: Business

Jeep CEO enacts turnaround plan after significant sales declines

 Jeep Wagoneer S Trailhawk EV conceptMichael Wayland / CNBCDETROIT — Stellantis' Jeep brand is well known for scaling tough terrains, but its latest...

Biden targets Shein, Temu with new rules to curb alleged ‘abuse’ of U.S. trade loophole

U.S. President Joe Biden delivers remarks during a visit to the United Association Local 190 Training Center in Ann Arbor, Michigan, U.S., September...

Boeing workers overwhelmingly reject contract, prepare to strike

Boeing Co. workers and supporters hold signs outside the Aerospace Machinists Union District 751 Hall ahead of a vote on the union contract...

Why we started a position tied to housing and where we see this stock going

We started buying Home Depot shares last week as a play on housing and interest rates. Our initial 50-share buy was around $362....

Three key questions that will shape whether Coach and Michael Kors owners will merge

Pedestrians walk past a Coach store and a Michael Kors store.Scott Olson | Getty ImagesJust a few miles from the birthplace of Coach...

American Airlines flight attendants ratify new contract with immediate raises topping 20%

Julie Hedrick, president of the Association of Professional Flight Attendants (APFA), right, announces a strike authorization outside Dallas-Fort Worth International Airport (DFW) near...

UAW, U.S. dealers increase criticism of Stellantis CEO over cuts, sales declines

Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show in Manhattan, New York, on April 5,...

Flights are getting more expensive again as airlines scale back their growth plans

Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty ImagesAirlines are reporting...

Airbus Ventures launches $155 million fund focused on deep tech, including space

Thomas d'Halluin, Managing Partner of Airbus Ventures, at Hangar One of NASA Ames Research Center's Moffett Field in California.Airbus VenturesAirbus Ventures, one of...

CEO of Ford’s highly profitable Pro business to retire

Ted Cannis, chief executive officer of Ford Pro, speaks during an interview in New York, on Thursday, July 28, 2022.Victor J. Blue |...

Microsoft to cut 650 jobs at its Xbox gaming unit — read the full memo from top exec Phil Spencer

Phil Spencer, executive vice president at Microsoft, speaks at the company's Xbox One X reveal event ahead of the E3 Electronic Entertainment Expo...

Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more than half of Berkshire stake

Ajit Jain at Berkshire Hathaway's annual meeting in Los Angeles, California. May 1, 2021.Gerard Miller | CNBCAjit Jain, Warren's Buffett's insurance chief and...

SpaceX performs historic first spacewalk with Polaris Dawn crew

Polaris Dawn commander Jared Isaacman emerges from SpaceX's Dragon capsule during a spacewalk on Sept. 12, 2024.SpaceXSpaceX pulled off its first spacewalk in...

Boeing faces strike threat as workers vote on new contract

A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024.Jennifer Buchanan | Afp |...

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