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Tag: Breaking News: Business

Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy

Cunaplus_m.faba | Istock | Getty ImagesInternet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable...

Southwest Chair Kelly to step down next year as activist Elliott pushes for changes at airline

A Southwest Airlines plane takes off from Hollywood Burbank Airport above other Southwest planes on July 25, 2024 in Burbank, California. Mario Tama |...

Why a Disney vacation may have gotten too pricey for the average American family

The U.S. travel sector has been surprisingly resilient when it comes to travel.Domestic travel numbers have returned to pre-pandemic levels and air travel...

SpaceX launches Polaris Dawn mission, which will attempt the first private spacewalk

A SpaceX Falcon 9 rocket with the Crew Dragon Resilience capsule, carrying the crew of the Polaris Dawn Mission.Chandan Khanna | Afp |...

Car giants are being forced to confront some hard truths over the EV transition

The Volvo logo is displayed at the Volvo Cars Hill Country dealership on September 04, 2024 in Austin, Texas.Brandon Bell | Getty Images...

Bengaluru should be one administrative unit with Kannadiga as Mayor: Ashok

A file photo of Leader of Opposition in Legislative Assembly R. Ashok. The BJP is opposing the setting up of the Greater Bengaluru Development...

DirecTV customers will likely miss ‘Monday Night Football’ NFL game as carriage fight with Disney continues

Millions of DirecTV customers will likely be unable to watch the NFL's opening "Monday Night Football" game on ESPN as the company has...

Nelson Peltz steps down as chair of Wendy’s board, starting a new era for burger chain

Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019.Adam Jeffery | CNBCNelson Peltz is stepping down...

Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown

A Northvolt building in Sweden, photographed in February 2022.Mikael Sjoberg | Bloomberg | Getty ImagesNorthvolt, a key battery producer for Europe's electric vehicle...

Rotation trade pushed this consumer stock to new highs, so we’re booking some profits

We're selling 25 shares of Procter & Gamble at roughly $176 each. Following Monday's trade, Jim Cramer's Charitable Trist will own 325 shares...

Big Lots files for bankruptcy protection, sells to private equity firm as it promises to keep offering ‘extreme bargains’

A Big Lots store in Los Angeles, Sept. 7, 2024. Discount home goods retailer Big Lots Inc. filed for Chapter 11 bankruptcy protection...

Six issues Brian Niccol will have to fix at Starbucks as he takes over as CEO

Brian Niccol steps in as CEO of Starbucks on Monday, taking over as the coffee giant's sales slump and stock price falls.Starbucks tapped...

Boeing and union reach a labor deal, potentially averting a strike

A Boeing employees works outside of the cockpit of a Boeing 737 MAX 8 airplane in the company's factory, on March 27, 2019...

Alzheimer’s drug Leqembi promises to give patients more time, but they face a long road to treatment

Hannah Yoon | The Washington Post | Getty ImagesLeqembi, an Alzheimer's drug from Biogen and Eisai, isn't a cure for the mind-damaging...

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