Business Archives - Page 50 of 92

Delta’s outlook falls short of Wall Street estimates despite strong summer travel demand

Nurphoto | Nurphoto | Getty ImagesDelta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand,...

PepsiCo earnings beat estimates, but U.S. demand weakens

Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas, United States on November 17, 2023.Jakub Porzycki...

NASA still expects Boeing’s Starliner to return astronauts from ISS, but notes SpaceX backup option

NASA astronauts Butch Wilmore (R) and Suni Williams, wearing Boeing spacesuits, depart the Neil A. Armstrong Operations and Checkout Building at Kennedy Space...

Costco hikes membership fee for the first time since 2017

Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesYou'll soon have to pay...

FTC to sue drug middlemen over prices of medications including insulin

FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled "Fiscal Year 2025 Request for...

HubSpot shares plunge on report that Alphabet is shelving interest in acquiring software company

HubSpot shares plunged 11% on Wednesday after a Bloomberg report said Alphabet isn't going forward with plans to buy the software company.Representatives of...

Walmart is opening five automated distribution centers as it tries to keep its grocery dominance

Automated distribution centers for Walmart grocery business.Courtesy: WalmartWalmart said Wednesday that it will open five automated distribution centers for fresh food across the...

How bankruptcy saved Express

Express has been a shopping mall staple since the 1980s. But since its CEO Michael Weiss left the company in 2015, its sales...

China is leading on GenAI experimentation, but lags U.S. in implementation, survey shows

An artificial intelligence concept displaying a business man working with a virtual displayBusakorn Pongparnit | Moment | Getty ImagesChinese companies are leading the...

Athletic Brewing raises $50 million as non-alcoholic wave sweeps brewing

Company founder Bill Shufelt (left) and head brewer John Walker pause at the Athletic Brewing’s non-alcoholic brewery and production plant on March 20,...

Space station startup Gravitics lands $125 million order from Axiom

A pathfinder for Gravitics' 4-meter space station module design in use for developing manufacturing and assembly methods.GraviticsWashington-based startup Gravitics has signed a $125...

Vacuum cleaner manufacturer Dyson to cut around 1,000 jobs in the UK

A selection of vacuum cleaners sit in the reception area at the Dyson Group campus in Malmesbury, U.K., on Wednesday, Sept. 26, 2018.Bloomberg...

San Francisco’s AI boom can’t stop real estate slide, as office vacancies reach new record

Pedestrians near Salesforce Tower in San Francisco, California, on Wednesday, Jan. 25, 2023.Marlena Sloss | Bloomberg | Getty ImagesArtificial intelligence has been a...

Corning shares pop 12% as AI boom drives stronger-than-expected demand for equipment

Corning shares are up more than 12% Monday after the company raised its second-quarter guidance, setting it on track for its best trading...

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