Tag: Breaking News: Business

Cadillac reveals new ‘Opulent Velocity’ performance EV concept

Cadillac Opulent Velocity concept EVCadillacDETROIT — General Motors on Friday revealed a new all-electric Cadillac concept car designed to preview how the automaker...

Private jet flights are down 15% in two years as Covid-era demand wanes

A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington's Reagan National Airport on June 12, 2024, in Arlington,...

Streaming is getting more expensive for consumers. Here’s why

Jaque Silva | SOPA Images | Lightrocket | Getty ImagesStreaming is finally starting to pay off for media companies, but there's a catch...

These 3 retail stocks are set up to win this back-to-school shopping season

Backpacks, Stanley water bottles and No. 2 pencils. This year's back-to-school must-haves are a mix of the new and the (very) old. But...

Ford upgrades Lincoln Navigator to include spa mode, 48-inch display for videos and gaming

2025 Lincoln NavigatorLincoln Ford Motor is updating its Lincoln Navigator to include a 48-inch front display that can be used as a "sanctuary" for...

Walmart says prices are coming down — except in one key area

A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles.Kevork Djansezian |...

United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg

United Airlines CEO Scott Kirby celebrates the opening of a new addition to its Flight Training Center in Denver, Colorado, on Feb. 22,...

TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold

An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili's same-store sales climb nearly 15% in its latest quarter.But Kevin Hochman,...

Warren Buffett did something curious with his Apple stock holding

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBCA coincidence or master plan? Warren Buffett...

NBCUniversal is pinning Peacock’s streaming success on its $2.45 billion per year NBA deal

The NBA logo is seen outside an NBA fan store in New York on July 8, 2024. Angela Weiss | AFP | Getty ImagesExecutives...

JD Vance accepts VP debate with Tim Walz on Oct. 1, challenges him to another

Democratic vice presidential candidate Minnesota Gov. Tim Walz (R), and Republican vice presidential candidate, Sen. J.D. Vance (R-OH).Getty ImagesRepublican presidential running mate JD...

Lockheed Martin to take struggling spacecraft manufacturer Terran Orbital private in $450 million deal

Terran Orbital's banner above the New York Stock Exchange on March 28, 2022.Terran OrbitalLockheed Martin is buying Terran Orbital, the company announced Thursday,...