A Rivian R1T electric pickup truck during the company’s IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021. Bing Guan | Bloomberg | Getty Images Rivian Automotive’s...
Tag: Breaking News: Business
MLB cancels more games, pushing Opening Day to April 14
Major League Baseball Commissioner Rob Manfred answers questions during an MLB owner’s meeting at the Waldorf Astoria on February 10, 2022 in Orlando, Florida. Manfred addressed the ongoing lock...
Judge orders Walmart to rehire worker with Down syndrome
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press |...
Three more Starbucks locations in Buffalo vote in favor of union
The Starbucks Workers United hub in Buffalo on November 16, 2021. Libby March | The Washington Post | Getty Images Three more Starbucks locations in the Buffalo, New York, area have voted in support o...
Gas prices are spiking — don’t expect sales of electric vehicles to follow
High gas prices are displayed at a Shell station on March 7, 2022 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Consumers hoping to switch to an all-electric or more fuel-e...
Disney CEO says company opposes ‘Don’t Say Gay’ bill in Florida
A view of Mickey Mouse at the Walt Disney World theme park entrance in Lake Buena Vista, Florida. Octavio Jones | Getty Images The Walt Disney Company is now publicly opposing Florida’s controve...
Impossible Foods sues start-up Motif FoodWorks for patent infringement
A customer picks up a package of Impossible Burger plant based meat during the Impossible Foods Inc. grocery store product launch at Gelson’s Markets in Los Angeles, California, U.S., on Friday,...
NYC Health Commissioner Chokshi says Covid pandemic has left U.S. with new epidemic of loneliness
Dr. Dave Chokshi is the Commissioner of New York City’s Department of Health & Mental Hygiene. As another Covid-19 wave recedes across the country, the full toll of the pandemic on our emoti...
Volkswagen unveils new electric ID. Buzz microbus
Volkswagen is resurrecting its iconic microbus — the quintessential van associated with traveling Deadheads and the 1960s counterculture — as an all-electric van called the ID. Buzz. The German automa...
McDonald’s Russian shutdown will cost fast-food chain $50 million a month
A McDonald’s restaurant in St. Petersburg, Russia. Peter Kovalev | TASS | Getty Images McDonald’s expects its Russian shutdown will cost the fast-food giant roughly $50 million a month unt...
Stitch Fix stock hits all-time low as future growth in doubt
The Stitch Fix logo on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7. Tiffany Hagler-Geard | Bloombe...
Aaron Rodgers says he is returning to the Green Bay Packers
Quarterback Aaron Rodgers #12 of the Green Bay Packers walks off the field during the second half of the NFL game at State Farm Stadium on October 28, 2021 in Glendale, Arizona. Christian Petersen | G...
Stitch Fix shares plummet after company cuts guidance for the year
The Stitch Fix application for download in the Apple App Store on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earnin...
Coca-Cola follows McDonald’s, Starbucks in suspending business in Russia
Bottles of Coca Cola products are displayed in a cooler at Colonial Liquors on February 10, 2022 in Corte Madera, California. Justin Sullivan | Getty Images Coca-Cola on Tuesday said it was suspending...
Starbucks suspends all business in Russia as Putin’s forces attack Ukraine
A person wearing a protective mask enters a Starbucks coffee shop in San Francisco, California, U.S., on Thursday, Jan. 21, 2021. David Paul Morris | Bloomberg | Getty Images Starbucks is suspending a...
McDonald’s temporarily closes Russia restaurants amid Ukraine war
Pedestrians sit at outdoor tables beneath McDonald’s branded parasols at a closed McDonald’s Corp. restaurant, the first to open in the Soviet Union, on Pushkin Square in Moscow, Russia. A...
Boeing airplane deliveries slipped in February, Dreamliner problem lingers
A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020. Karen Ducey | Reuters Boeing delivered 22 jetliners to customers in February, its fewest sinc...
Crude oil jumps on report U.S. to ban Russian oil imports
A man pumps gas into his vehicle at a petrol station in Montebello, California on February 23, 2022, as gas prices hit over $6 dollars per gallon. Frederic J. Brown | AFP | Getty Images Oil prices jum...
Dick’s Sporting Goods (DKS) reports Q4 2021 earnings beat
Signage outside a Dick’s Sporting Goods Inc. store in Clarksville, Indiana, on Monday, Nov. 9, 2020. Luke Sharrett | Bloomberg | Getty Images Dick’s Sporting Goods on Tuesday reported prof...
JetBlue founder’s startup Breeze Airways plans to nearly double its routes
David Neeleman, founder and chief executive officer of Breeze Airways, during a champagne christening before the airlines’s inaugural flight at Tampa International Airport (TPA) in Tampa, Florid...
Lego revenue jumped 27% in 2021, as kids and adults continue to build
A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on Monday, March 7, 2022. Bloomberg | Getty Images Sales of Lego building kits continued to soar in 2021, a...
Russia-Ukraine war could cut auto production by millions of vehicles
The 111,111th Ford Transit car manufactured at the Ford Sollers car factory in the town of Yelabuga in Russia’s Republic of Tatarstan. Yegor Aleyev | TASS | Getty Images Russia’s invasion ...
U.S. far from normal with Covid deaths much higher than flu: report
Nurse practitioner Deborah Beauplan administers a COVID-19 swab test at a drive-thru testing site set up for Suffolk County, New York. Newsday | Getty Images The U.S. has a long way to go before the p...
Closing gender gap could boost global GDP by $2 trillion, Citi says
Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Fe...
Moderna reaches preliminary agreement to build Covid vaccine manufacturing plant in Africa
A health official prepares a syringe with the Moderna Covid-19 vaccine prior to administering it during a mass Covid-19 vaccination drive in Nairobi on September 17, 2021. Simon Maina | AFP | Getty Im...
U.S. will defend NATO Baltic states against Russia, Blinken says
U.S. Secretary of State Antony Blinken delivers remarks to U.S. Embassy staff at the Vilnius Rotuse in Vilnius, Lithuania March 7, 2022. Olivier Douliery | Reuters Secretary of State Anthony Blinken o...
Kohl’s (KSS) issues long-term financial targets at investor day 2022
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s, facing activist pressure to consi...
A surge in jet fuel prices threatens to overshadow post-pandemic travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their...
McDonald’s declines to comment on war, has exposure in Russia
A McDonald’s restaurant in Moscow. Andrey Rudakov | Bloomberg | Getty Images U.S. fast-food chains have limited exposure to Russia and Ukraine, but McDonald’s is under the most pressure, a...