Business Archives - Page 34 of 92

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,...

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,...

Biden administration to release prices for first 10 drugs subject to landmark Medicare negotiations

Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C.,...

Walmart reports its earnings before the bell. Here’s what to expect

Walmart will report quarterly earnings on Thursday, as investors and economists seek clarity about the health of American households and the outlook for...

Starbucks is giving incoming CEO Brian Niccol $85 million in cash and stock for leaving Chipotle

Brian Niccol, CEO of ChipotleAnjali Sundaram | CNBCStarbucks offered incoming CEO and Chair Brian Niccol a pay bump and hefty one-time awards to...

Why NASA astronauts are waiting to return on Boeing’s Starliner

NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing's Starliner to the International Space Station onNASALog entry: Day...

Alaska Airlines flight attendants reject new contract, union says there’s ‘more work to do’

An Alaska Airlines Boeing 737-900ER aircraft on the tarmac at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Monday, Jan. 22, 2024. David...

How Elliott’s monthslong Starbucks campaign got it a better deal than it asked for

People seen around the Starbucks coffee store in Shenzhen, China.Jakub Porzycki | Nurphoto | Getty ImagesIn May, it was a $2.5 billion stake...

Cisco reports better-than-expected results and issues optimistic forecast

Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023.Hollie Adams | Bloomberg | Getty ImagesCisco...

DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street

Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company's FanDuel betting platform captures...