Molson Golden and Coors Light beer bottles are pictured at the Asylum bar in New York. Andrew Harrer | Bloomberg | Getty Images Molson Coors Beverage will return to the Super Bowl next year, making it...
Tag: Breaking News: Business
Hyundai unveils unique Ioniq 6 EV, an ‘electrified streamliner’
The newest electric vehicle from Hyundai Motor is a sedan with a unique bubbly design. The South Korean automaker unveiled the Ioniq 6 Wednesday night as an “electrified streamliner,” a no...
United Airlines, pilots’ union to renegotiate contract after last deal faced opposition
United Airlines and its pilots’ union are going back to the negotiating table for a new contract, a setback for the carrier after it was the first to reach a tentative agreement since the pandem...
Clothes are expensive even as retailers try to clear inventory
A customer shops for shirts at an American Eagle Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Excess inventory has racked up in many retailers’ warehouses and ...
Delta Air Lines (DAL) earnings Q2 2022
An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines on Wednesday reported a quarterly profit thanks to travelers willing to pay up to fly, more than maki...
Spirit Airlines delays Frontier deal vote again amid JetBlue bidding war
Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines ha...
Hospitalizations have doubled since May as omicron BA.5 sweeps U.S.
Medical staff treat coronavirus disease (COVID-19) patient Frank Clark in his room on an isolated medical unit floor at Western Reserve Hospital in Cuyahoga Falls, Ohio, January 5, 2022. Shannon Stapl...
Nominations led by ‘Succession,’ ‘Ted Lasso’
Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO Can the Roy family win yet another high-stakes competition with brut...
PepsiCo (PEP) Q2 2022 earnings beat Wall Street estimates
A customer holds a can of Pepsi beverage at a shopping mall on March 9, 2022 in Shaoxing, Zhejiang Province of China. VCG | Getty Images PepsiCo on Tuesday raised its revenue outlook for the year, as ...
Peloton to outsource all manufacturing as part of its turnaround efforts
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton said T...
Moviegoers are leaving their couches for theaters, bringing summer box office sales close to pre-pandemic levels
It’s becoming clearer that audiences are no longer satisfied just sitting on the couch to watch movies. Not only are they returning to movie theaters in droves, theater operators say they’...
HHS says physicians must provide abortions in medical emergencies, regardless of state law
Secretary of Health and Human Services Xavier Becerra testifies before the Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (...
Gap CEO Sonia Syngal is stepping down, effective immediately
Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune’s Most Powerful Women Summit in Washington, D.C., on Tuesday, Oct. 22, 2019. Sarah Silbiger | Bloo...
Costco hot dogs are safe from price hikes despite inflation, CEO says
Some good news for inflation-weary Americans: There will be no price hike on Costco‘s hot dogs. In an interview Monday on CNBC’s “Squawk on the Street,” CEO Craig Jelinek had a...
Love and Thunder’ has $143 million domestic opening
Natalie Portman and Chris Hemsworth star in Marvel’s “Thor: Love and Thunder.” Disney With “Thor: Love and Thunder” zapping up an estimated $143 million during its domest...
Spirit-Frontier merger in question after another vote delay, JetBlue circles
The fate of Spirit Airlines‘ merger with fellow budget carrier Frontier Airlines is growing murkier. Spirit this week delayed its shareholder meeting for a third time, opening the door to more t...
U.S. scientists to enroll 40,000 in high-stakes, $1.2 billion Recover study
A healthcare worker administers a Covid-19 test at testing site in San Francisco, California, U.S., on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images The National Institutes of He...
Ford Q2 China sales were worst since Covid pandemic began
Visitors walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images DETROIT — Ford Motor joined its crosstown rival General Motors in repo...
Spirit again delays vote on Frontier deal to continue deal talks with budget airline and JetBlue
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines is ...
GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan
GameStop has fired its Chief Financial Officer, Mike Recupero, and is making staff cuts across departments as part of an aggressive turnaround plan, the videogame retailer announced Thursday. Recupero...
Walmart won’t hold rival event to Amazon Prime Day
Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Walmart ...
U.S. to probe self-driving car crash involving GM-backed Cruise
A robot car of the General Motors subsidiary Cruise is on a test drive in 2019. Andrej Sokolow | picture alliance | Getty Images Federal vehicle safety regulators will investigate a crash last month i...
Gasoline futures are dropping, which could mean more relief at the pump
Brie Olootu pumps gas at an Exxon Mobil gas station on June 09, 2022 in Houston, Texas. Gas prices are breaching record highs as demand increases and supply fails to keep up. Brandon Bell | Getty Imag...
Biden taps Denver airport chief Phil Washington to head the FAA
An American Airlines plane lands at Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images President Joe Biden on Wednesday nominated Phil Wash...
Virgin Galactic contracts Boeing subsidiary for aircraft ‘motherships’
A conceptual rendering of the company’s carrier aircraft, also known as a “mothership.” Virgin Galactic Space tourism company Virgin Galactic on Wednesday announced a deal with Boein...
Toyota joins Tesla and GM in phaseout of federal electric vehicle tax credits
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phaseout ...
Netflix announces ‘Stranger Things’ spinoff, Duffer Brothers form Upside Down Pictures
(L-R) Matt Duffer and Ross Duffer attend Netflix’s Stranger Things ATAS Official Screening at Raleigh Studios Hollywood on May 27, 2022 in Los Angeles, California. Emma Mcintyre | Getty Images E...
GM reports worst sales in China since onset of Covid-19 lockdowns
WUHAN, CHINA – 2022/05/18: Employees wearing masks work on a car assembly line at the SAIC General Motors Co. The SAIC General Motors Wuhan Branch has resumed production following epidemic preve...
Why ‘Minions’ beat ‘Lightyear’ at the box office
Two blockbuster animated franchises went head-to-head at the box office this past weekend. One of them benefited from buzz − and it wasn’t “Lightyear.” In just three days, Universal ...