2023 Cadillac Escalade V-Series Cadillac DETROIT — General Motors’ newest Cadillac Escalade will be the most powerful and expensive version of the full-size SUV ever when it goes on sale this su...
Tag: Business
Southwest upgrading planes with faster Wi-Fi, bigger overhead bins
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines said it will spend more than $2 billion on improved passenger amenities like bigger overhead bins, faster internet and power outlets ...
Target employees at Virginia store file for union election
A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Target has joined the growing list of major companies where employee...
Napster to Reinvent Itself as Web3 Business Following Acquisition
Crypto investment firm Hivemind and Algorand have together acquired music streaming platform Napster. The acquisition will see Napster implement Web3 features to revolutionize the music industry. Hive...
Kohl’s shareholders vote to keep directors despite activist pressure
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 shareholders voted to reelect the ...
Philip Morris International bids $16 billion for Swedish Match
Swedish Match generates most of its profit from Swedish-style smoke-free tobacco snuffs, also known as ‘snus.’ Olivier Morin | Afp | Getty Images Marlboro-maker Philip Morris International...
Wendy’s, Krispy Kreme, Perrigo and more
Check out the companies making headlines before the bell: Wendy’s (WEN) –Wendy’s reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales a...
J&J names Thibaut Mongon as CEO of spin-off consumer health company
Signage is displayed outside of Johnson & Johnson headquarters in New Brunswick, New Jersey, Aug. 1, 2020. Mark Kauzlarich | Bloomberg | Getty Images Johnson & Johnson on Wednesday announced t...
Travelers’ airline satisfaction is down as planes fill up and fares rise: J.D. Power survey
Travelers wait in line at Newark Liberty International Airport (EWR) in Newark, New Jersey, on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images Packed planes and more expensive t...
How electric pickups stack up in price, range
SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but...
VW is looking to bring back the Scout brand as an electric vehicle
This image, from 2019, is of a refurbished Scout. The brand was originally built by International Harvester between 1961 and 1980. Future Publishing | Future Publishing | Getty Images Volkswagen is pl...
Decentralization is helping to shape the course of scientific research and business
New technologies may have rapid, dramatic effects on society, but they may also spread slowly and subtly. Blockchain-powered decentralized science (DeSci) is taking off after some years of gestation. ...
GoodRx Beat Quartely Estimates. Here’s Why the Stock Is Falling.
Text size GoodRx had a strong first quarter but effectively removed 2022 guidance. Piksel/Dreamstime News that a large grocer is no longer accepting GoodRx’s pharmacy discount cards has wrecked the st...
Cramer’s lightning round: AECOM is a buy
Funko Inc: “Many of us were confounded that the stock went down as low as it did.” AECOM: “This is a tremendous infrastructure play. … I think you should buy it.” Affirm ...
Upstart CEO defends increased loan balance, says the AI lending platform’s model hasn’t changed
In an interview Tuesday with CNBC’s Jim Cramer, Upstart Holdings CEO David Girouard sought to downplay investor concerns about the increased loan balance held on the financial technology firm...
WWE looks to boost sponsorship revenue as live events return, media deal expires
Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2...
Market is signaling to buy beaten-down, profitable tech names
CNBC’s Jim Cramer on Tuesday stressed the importance of changing market strategies when the market shifts, saying right now the market says to buy beaten-down tech growth names. “Many tech...
U.S. gun homicides reached highest level in 25 years during Covid pandemic, CDC says
Gun homicides in the U.S. reached their highest level in more than 25 years during the Covid-19 pandemic, according to the Centers for Disease Control and Prevention. Homicides from guns rose 35% duri...
Netflix ads, password crackdown expected as early as this year, source says
Reed Hastings, co-founder, chairman, and co-chief executive officer of Netflix, arrives for the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S. July 6, 2021. Brian Losness ...
How Will Political And Economic Turmoil Impact Investment
A broker looks at his screens at Frankfurt’s stock exchange DDP/AFP via Getty Images The Global Investor Conference (GIC) aims to tackle these tough questions and more next week in Portugal. Thi...
Peloton, Upstart, Vroom and more
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 Check out the ...
Ken Griffin wins $8 million Bezos spaceflight auction, donating seats
Ken Griffin, Founder and CEO, Citadel (L) and Blue Origin New Shepard rocket lifts off (R) Reuters Ken Griffin, billionaire founder and CEO of hedge fund Citadel, placed the winning $8 million bid in ...
Boeing aircraft orders, deliveries slipped in April
A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images Boeing‘s aircraft deliveries fell last month as handovers of its 787 Dreamliner planes r...
Emirates CEO defends continued Russia flights, says no ban from UAE
Emirates Airline has defended its decision to continue its flights to Russia even as other international carriers have halted service, saying that people and government decisions should not be conflat...
Bank Of Uganda Warned Traders Against Cryptoasset Business
May 10, 2022 at 13:00 // News The Central Bank of Uganda (BoU) has warned citizens against using Bitcoin and other forms of cryptocurrencies for business. The central bank has not allowed any co...
How Nike, StockX and GOAT changed Foot Locker’s business
Foot Locker dominates the brick-and-mortar footwear category as the largest footwear retailer in the world. Its 2,900 stores worldwide span several brands, including Lady Foot Locker, Kids Foot Locker...
Oklahoma clinic will shut down if Supreme Court ends Roe v. Wade
A surgical tech and recovery room staff member, walk a patient from Texas to the recovery room following her abortion at the Trust Women clinic in Oklahoma City, U.S., December 6, 2021. Evelyn Hockste...
Virgin Orbit assembling fleet of 747 jets to launch more rockets
The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit is assembling a fle...
National average for gasoline hits record $4.37 a gallon
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Gasoline prices surged to the highest l...
Peloton (PTON) fiscal Q3 2021 earnings
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Tuesday reported a wi...