Business

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Chris Licht, Chairman and CEO of CNN Worldwide. Courtesy: CNN CNN CEO Chris Licht is about to get some help running his news network from a longtime close confidant of Warner Bros. Discovery chief executive officer David Zaslav. Licht has hired David Leavy as CNN’s

A shopper at a Dollar General store Daniel Acker | Bloomberg | Getty Images Dollar General’s core customers are reining in their spending amid a worse than expected macroeconomic backdrop, leading the discounter to slash its full year outlook after a dismal earnings report Thursday.  Shares of Dollar General plunged about 16% in morning trading

In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Electric vehicle maker Lucid announced plans to lay off 1,300 workers, 18 percent of its workforce, as part of a restructuring plan.  Justin Sullivan

For several years, the terms shrink, retail crime and organized retail theft have echoed from the mouths of politicians, police officers, trade groups and the country’s most prominent retail executives. Politicians and police departments have sounded the alarm about rising retail theft, and are calling for stricter enforcement and prosecution to fight it.  Trade groups

In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida.  Joe Raedle | Getty Images American Airlines raised its adjusted earnings outlook for the second quarter thanks to strong travel demand and lower fuel prices. Adjusted per-share

In this article WBD 4755.T-JP NFLX Follow your favorite stocksCREATE FREE ACCOUNT Scene from “Squid Game” by Netflix Source: Netflix The popularity of Netflix‘s hit drama “Squid Game” and other Korean series, as well as the recent success of films like “Minari” and “Everything Everywhere All At Once,” has helped boost the demand for Asian

Travelers arrive for flights at O’Hare Airport on May 25, 2023 in Chicago, Illinois. Scott Olson | Getty Images Memorial Day air travel surpassed pre-pandemic levels, showing how consumers continue to shell out for trips despite persistent inflation. The Transportation Security Administration screened 9.79 million people from Friday through Monday, up slightly from the holiday

A waitress delivers sushi orders at Masa Hibachi Steakhouse & Sushi in Silver Spring, Maryland. Bill O’Leary | The Washington Post | Getty Images Warmer weather usually boosts restaurant sales, but diners may hold back for the second straight summer as inflation weighs on consumers’ minds — and wallets. “I think operators are still hopeful

In this article NFLX WBD DIS CMCSA Follow your favorite stocksCREATE FREE ACCOUNT The Disney+ logo is displayed on a TV screen in Paris, December 26, 2019. Chesnot | Getty Images Streaming was supposed to be forever. That was the promise of a digital library of movies and TV shows. Consumers got used to Netflix

In this article BYDDY ZE594-CN F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley at a battery lab for the automaker in suburban Detroit, announcing a new $3.5 billion EV battery plant in the state to produce lithium iron phosphate batteries, Feb. 13, 2023. Michael Wayland/CNBC DETROIT — Ford Motor’s largest competition in

Football fans watch the NFL Super Bowl XLVIII game between the Denver Broncos and the Seattle Seahawks on at a sports bar in New Jersey on February 2, 2014. Cem Ozdel | Anadolu Agency | Getty Images DirecTV has struck a multiyear deal to continue broadcasting the National Football League’s “Sunday Ticket” package to commercial

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Chairman of The Walt Disney Company Bob Iger. Drew Angerer | Getty Images Disney urged a federal court to reject a request by Florida Gov. Ron DeSantis to disqualify the judge overseeing the company’s lawsuit accusing the governor and his allies of political retaliation. Attorneys

DETROIT – A surprise deal between Ford Motor and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers’ EV strategies. The tie-up between the two rivals will give Ford owners access to more than 12,000 Tesla Superchargers across the U.S. and Canada, starting early next year. More importantly, Ford’s

Handout | Getty Images Entertainment | Getty Images Despite its battle with Gov. Ron DeSantis, Disney remains committed to the state of Florida. The media and theme park juggernaut is set to invest $17 billion in central Florida’s Walt Disney World hub over the next decade, which includes the potential creation of 13,000 jobs. Those

Jamie Dimon, chief executive officer of JPMorgan Chase, is planning his first visit to mainland China in four years as the American bank prepares to host three conferences in Shanghai at the end of May. Giulia Marchi | Bloomberg | Getty Images JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive

In this article F TSLA Follow your favorite stocksCREATE FREE ACCOUNT Bill Farley and Elon Musk Getty Images DETROIT – Ford Motor CEO Jim Farley and Tesla and Twitter CEO Elon Musk will host a live, audio discussion via Twitter Spaces about accelerating EV adoption at 5:30 p.m. ET on Thursday, according to a post

In this article SPCE Follow your favorite stocksCREATE FREE ACCOUNT Aircraft VMS EVE carries with spacecraft VSS Unity during a flight test. Virgin Galactic Virgin Galactic is preparing to launch its first spaceflight in nearly two years on Thursday, as the space tourism company aims to pass a final test before flying commercial passengers. Called

Tina Turner performs at Shoreline Amphitheatre on May 23, 1997 in Mountain View, California. (Photo by Tim Mosenfelder/Getty Images) Tim Mosenfelder | Archive Photos | Getty Images Singer Tina Turner has died at the age of 83 after a long illness, according to a statement posted on her official Facebook page Wednesday. “It is with

Florida Gov. Ron DeSantis gives remarks at the Heritage Foundation’s 50th Anniversary Leadership Summit at the Gaylord National Resort & Convention Center on April 21, 2023 in National Harbor, Maryland. Anna Moneymaker | Getty Images Florida Gov. Ron DeSantis officially launched his presidential campaign Wednesday, putting his blend of pro-business conservativism and culture-war populism to

People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s shares spiked early Wednesday as the struggling retailer posted a surprise profit while it chases a turnaround. Shares jumped more than 12% in premarket trading. related investing news Here’s the secret sauce that fueled