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Tag: Business

Justice Department accuses Visa of debit network monopoly that impacts price of ‘nearly everything’

Justin Sullivan | etty ImagesThe U.S. Justice Department on Tuesday sued Visa, the world's biggest payments network, saying it propped up an illegal...

U.S. Steel CEO defends planned sale to Japan’s Nippon, believes deal will ‘close on its merits’

U.S. Steel CEO David Burritt on Tuesday defended the company's planned sale to Japan's Nippon Steel, expressing confidence that the deal will "close...

Elliott to call for Southwest special meeting ‘as soon as next week’

A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin...

Warner Bros. Discovery partners with Google for AI-generated captions on ‘Max’ streaming service

Jakub Porzycki | Nurphoto | Getty ImagesWarner Bros. Discovery is partnering with Google to integrate the internet giant's AI technology into its Max...

5 things to know before the stock market opens Tuesday

Here are the most important news items that investors need to start their trading day:1. Inching higherU.S. stocks climbed again Monday as investors...

Novo Nordisk CEO to testify at Senate hearing over high weight loss drug prices

Lars Fruergaard Jørgensen, CEO of Novo Nordisk, speaks during an interview in New York on Aug. 10, 2022.Christopher Goodney | Bloomberg | Getty...

Levi’s teases Beyoncé collaboration as denim trend takes hold

Beyoncé at the 2024 iHeartRadio Music Awards held at the Dolby Theatre in Los Angeles on April 1, 2024.Michael Buckner | Billboard |...

Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week

Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. Jordan Gale | AFP | Getty ImagesBoeing...

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...

Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive

Employees of the State Archaeological Office have hung pictures of finds from a construction trailer during a main archaeological investigation on the Northvolt...

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day:1. Rate reliefInvestors cheered the Federal Reserve's huge policy...

Harris agrees to potential CNN debate with Trump on Oct. 23

U.S. Vice President Kamala Harris, the Democratic presidential nominee, speaks at the Cobb Energy Performing Arts Centre in Atlanta on Sept. 20, 2024....

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