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Tag: Breaking News: Business

Southwest Airlines tells staff ‘difficult decisions’ ahead in push to boost profits

A Southwest Airlines plane takes off from Hollywood Burbank Airport on July 25, 2024 in Burbank, California. Mario Tama | Getty ImagesSouthwest Airlines has...

GM’s EV sales momentum is finally building as new vehicle lineup fills out

Mary Barra, GM chair and CEO, speaks during the unveiling of the Cadillac Celestiq electric sedan in Los Angeles, Oct. 17, 2022.Frederic J....

How Foot Locker is waging a comeback after its breakup with Nike

An employee arranges Nike basketball shoes on display at the House Of Hoops by Foot Locker retail store at the Beverly Center in...

Luxury stocks slip as fears grow of a prolonged downturn

An advertisement for Hugo Boss AG in Shanghai, China, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty ImagesLONDON — European luxury stocks...

Boeing machinists on picket lines prepare for lengthy strike: ‘I can last as long as it takes’

Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in...

Boeing’s defense unit chief Colbert is departing, CEO says

Former CEO for Boeing's defense, space and security subdivision Ted Colbert speaks during a press conference in Dubai on Nov. 16, 2019.Karim Sahib...

China-Mexico freight traffic surges in Trump, Biden tariff era, as companies find ways to evade U.S. trade war

A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on...

FTC sues drug middlemen for allegedly inflating insulin prices

Lina Khan, Chair of the Federal Trade Commission (FTC), testifies before the House Appropriations Subcommittee at the Rayburn House Office Building on May...

Up to $400 to change a lightbulb? Appliance repair costs are no joke

Author Stephanie Dhue's difficult-to-repair microwave.Courtesy Stephanie DhueI bought a General Electric microwave oven in 2020 for $355. Recently, I noticed the interior light...

Disney to ditch Slack following July data breach

The Mickey Mouse and Minnie Mouse float passes by during the daily Festival of Fantasy Parade at the Magic Kingdom Park at Walt...

Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill

John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in...

UAW warns of potential strikes at Ford, Stellantis a year after unprecedented work stoppages

UAW president Shawn Fain and members and workers at the Mopar Parts Center Line, a Stellantis Parts Distribution Center in Center Line, Michigan,...

JetBlue to open airport lounges in New York and Boston in battle for big spenders

JetBlue planes at JFK's Terminal 5 in New York.Leslie Josephs | CNBCJetBlue Airways will open its first airport lounges in its more than...

Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle

A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Scott Olsen | Getty ImagesDarden Restaurants...

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