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Tag: Breaking News: Business

With corners of the media industry in upheaval, Netflix makes clear it’s staying out of the fray

A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesNetflix's second-quarter earnings...

NBA sends media terms to Warner Bros. Discovery, officially starting five-day match period

Jaylen Brown, #7 of the Boston Celtics, shoots a three-point basket against the Dallas Mavericks during Game 5 of the 2024 NBA Finals...

Netflix reports earnings after the bell. Here’s what to expect

The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty ImagesNetflix reports its...

Penn lays off about 100 employees as it focuses on ESPNBet growth

The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty ImagesPenn...

Citadel’s Ken Griffin buys a stegosaurus for $45 million in a record auction sale

People look at a virtually complete Stegosaurus fossil on display at Sotheby’s on July 10, 2024 in New York City.Alexi Rosenfeld | Getty...

Why outlets are lagging behind other mall categories in the U.S.

Outlet malls have been an American staple for shoppers since the 1930s. But they're not doing as well as they once were.Historically, outlets...

Ford to spend $3 billion to expand large truck production to a plant previously set for EVs

2023 Ford Super Duty F-350 LimitedFordDETROIT – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that...

Can Boeing get back to its glory days?

An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was...

Darden Restaurants to acquire Chuy’s for approximately $605 million

Igor Golovniov | Getty ImagesDarden Restaurants will acquire Chuy's Holdings for approximately $605 million in cash, the companies announced jointly on Wednesday.Darden agreed...

United profit grows more than 20% on strong travel demand

United Airlines planes at Denver International Airport.Leslie Josephs | CNBCUnited Airlines' second-quarter profit rose more than 20% over last year as strong demand...

GM to increase production of high-performance Cadillac Escalade V8 SUV

2025 Cadillac Escalade V-Series SUVCadillacDETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to...

HSBC appoints Georges Elhedery as group CEO starting Sept. 2

HSBC logo is displayed outside a branch of in the United Kingdom.Matt Cardy | Getty ImagesHSBC announced on Wednesday that it has appointed...

Royal Caribbean leans into shorter cruises, more experiences to capture travel demand

With consumers getting more selective on how and where they vacation, cruise lines are fighting for Americans' tourist budgets. Royal Caribbean thinks shortening...

Spirit Airlines forecasts bigger quarterly loss as revenue falls short of expectations

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell...

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