An employee hands a customer a shopping bag at an Old Navy Inc. store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap Inc. announced Thursday that the CEO of its Old Navy division, ...
Tag: Breaking News: Business
Florida set to dissolve Disney’s Reedy Creek special district
Cinderella Castle in Walt Disney World. Roberto Machado Noa | Lightrocket | Getty Images Florida Gov. Ron DeSantis has his guns pointed at Disney World. On Thursday, the Florida state legislature pass...
CNN+ will shut down April 30, just one month after launch
A Jeep Wrangler Rubicon sits on an outdoor track during the press preview of the International Auto Show at the Jacob Javits Convention Center in New York City on April 13, 2022. Timothy A. Clary | AF...
CDC panel skeptical of fourth Covid shots for broader population, says U.S. needs clear vaccine strategy
Registered Nurse Orlyn Grace (R) administers a COVID-19 booster vaccination to Diane Cowdrey (L) at a COVID-19 vaccination clinic on April 06, 2022 in San Rafael, California. Justin Sullivan | Getty I...
Carl Icahn McDonald’s shareholders letter calls out Wall Street ESG ‘hypocrisy’
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn released his letter to McDonald’s shareholders on Thursday, calling out compensation amon...
American Airlines (AAL) 1Q 22 earnings
American Airlines on Thursday forecast a second-quarter pretax profit as strong bookings help it cover soaring fuel costs. American, the country’s largest airline, said March was the first month...
Starbucks’ union battle pushes Wall Street away
Michelle Eisen, a barista at the Buffalo, NY, Elmwood Starbucks location, the first Starbuck location to unionize, helps out the local Starbucks Workers United, employees of a local Starbucks, as they...
Planet details Pelican line of Earth imaging satellites
A graphic rendering of a Pelican satellite. Planet Earth imaging and data specialist Planet Labs on Thursday unveiled details of its new line of Pelican satellites, as the company looks to further exp...
Ford announces Lincoln Star EV concept, four new EVs to debut by 2026
Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents i...
United Airlines (UAL) 1Q 22 earnings
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines expects to turn a profit in 2022 for the first time...
Maskless faces show relief, confusion, disappointment on planes
Passengers at LaGuardia Airport on April 19, 2022. Leslie Josephs | CNBC The Biden administration’s transportation mask mandate was one of the most divisive policies of the Covid pandemic. Its s...
JetBlue founder’s Breeze Airways plans expansion from Westchester airport
A Breeze Airways airplane on the tarmac at Tampa International Airport (TPA) in Tampa, Florida, U.S., on Thursday, May 27, 2021. Matt May | Bloomberg | Getty Images Breeze Airways plans to add eight f...
Impossible Foods patent at risk in legal battle with Motif FoodWorks
Plant-based burgers developed by Impossible Foods Inc. are seen at the 2nd China International Import Expo (CIIE) at the National Exhibition and Convention Center on November 6, 2019 in Shanghai, Chin...
FAA keeps zero tolerance for unruly passengers even after mask ruling
Passengers wearing protective masks masks board a Boeing Co. 737-800 operated by Avelo Airlines ahead of the airline’s inaugural flight at Hollywood Burbank Airport (BUR) in Burbank, California,...
Novavax says vaccine targeting Covid and flu shows promising results in early data
Novavax on Wednesday said its vaccine targeting both Covid-19 and the flu triggered an immune response similar to its stand-alone shots against each virus, in an early indication that a combination va...
Walmart EEOC wrongful termination case: Company seeks new trial
Scott Olson | Getty Images Walmart is seeking a new trial in a case over the firing of a longtime employee with Down syndrome. A jury in July found Walmart wrongfully terminated the employee, Marlo Sp...
Philadelphia keeps mask mandate in place despite Florida judge ruling against CDC
A shopper wearing a protective mask as a precaution against the spread of the coronavirus selects fruit at the Reading Terminal Market in Philadelphia. Matt Rourke | AP Philadelphia health officials a...
BMW i7 electric sedan added to 7-Series lineup, starting at $119,300
BMW 760i xDrive (European model shown) BMW BMW is adding an all-electric model to its flagship 7-Series sedan lineup as the German luxury brand pivots to EVs to better compete against industry leader ...
Procter & Gamble (PG) Q3 2022 earnings
Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected ...
Netflix is exploring lower-priced, ad-supported plans after years of resisting
In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images After years of resisting advertisements o...
Netflix (NFLX) earnings Q1 2022
Reed Hastings, co-CEO of Netflix, participates in the Milken Institute Global Conference on October 18, 2021 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Shares of Netflix crat...
Gas prices drive grocery bills higher, says online grocer Boxed CEO
Online grocer Boxed CEO Chieh Huang said shoppers may have to get used to paying more to fill up the fridge and pantry — especially if gas prices stay elevated. Huang told CNBC’s “TechChec...
New Covid vaccine’s omicron results improve on current shots
A healthcare worker fills a syringe with Moderna COVID-19 vaccine at the Giorgio Companies site in Blandon, PA where the CATE Mobile Vaccination Unit was onsite to administer Moderna COVID-19 Vaccines...
Natural gas drops 10%, pulls back from more than 13-year high
U.S. natural gas futures plunged more than 10% Tuesday, reversing Monday’s surge which saw the contract rally more than 10% at one point to break above $8 per million British thermal units and h...
Gold House launches $30 million fund to invest in entrepreneurs of Asian descent
Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio ...
Covid and JNJ earnings Q1 2022
Syringes and a box of Johnson & Johnson vaccine. Paul Hennessy | SOPA Images | LightRocket | Getty Images Johnson & Johnson on Tuesday lowered its full-year sales and earnings outlook, and sto...
Audi’s new concept car is a ‘lounge on wheels’ for city travelers
Audi electric Urbansphere concept car Audi Audi is adding a “lounge on wheels” to its recent portfolio of electric concept vehicles that are designed to portray the German automaker’...
Mercedes-Benz unveils its new electric EQS SUV built in the U.S.
Mercedes-Benz electric EQS SUV Mercedes-Benz Mercedes-Benz on Tuesday took the wraps off its new EQS SUV, its first fully electric SUV built domestically for the U.S. market. The vehicle is the siblin...
U.S. to end anti-satellite ASAT testing; calls for global agreement
A Standard Missile-3 (SM-3) launches from the U.S. Navy’s USS Lake Erie at a non-functioning National Reconnaissance Office satellite on Feb. 20, 2008 as an anti-satellite weapons U.S. Departmen...
Florida judge overturns CDC mask mandate for public transit, planes
Travelers make their way through the Miami International Airport before starting the Labor Day weekend on September 03, 2021 in Miami, Florida. Joe Raedle | Getty Images A federal judge in Florida on ...
Natural gas surges to highest level since 2008 as Russia’s war upends energy markets
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices su...