GM expects more than $5 billion impact from China restructuring, including plant closures
DETROIT – General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost…
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Airline executives defend seat fees before Senate panel
Steve Johnson, vice chair and chief strategy officer at American Airlines Inc., from left, Robert Schroeter, senior vice president and…
Eli Lilly’s Zepbound causes greater weight loss than Novo Nordisk’s Wegovy in head-to-head trial
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by…
Airline executives set to defend seat fees before Senate panel
Seats in the economy class cabin on board an American Airlines Boeing Co. 777-300ER aircraft.Brent Lewin | Bloomberg | Getty…
Banks hit credit card users with higher rates in response to regulation that may never arrive
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York…
CDC says McDonald’s E. coli outbreak is over
In this photo illustration, a McDonald’s Quarter Pounder hamburger meal is seen at a McDonald’s on October 23, 2024 in…
Constellation Brands to sell Svedka vodka to Sazerac as wine and spirits segment struggles
Constellation Brands Inc. Svedka vodka at a liquor store in the Upper East Side neighborhood of New York, US, on…
Dollar stores are struggling to win over bargain hunters — here’s why
As shoppers look for value, dollar stores might seem to be logical destinations. But that penny-pinching mentality hasn’t been enough…
Frontier Airlines will install first-class seats as industry battles for high-paying flyers
Frontier Airlines planes are parked at gates in Denver International Airport (DEN) in Denver, Colorado, on August 5, 2023.Daniel Slim…
Shoppers hunt for deals, but Dollar General and Dollar Tree aren’t reaping the benefits
As shoppers look for value, dollar stores might seem to be logical destinations. But that penny-pinching mentality hasn’t been enough…
Jaguar reveals ‘Type 00’ concept car, first under controversial new brand identity
Image of Jaguar Type 00 concept vehicleJaguarFamed British carmaker Jaguar revealed its new vehicle design direction Monday night with the…
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus…
Stellantis CEO Carlos Tavares resigns amid problems in U.S., falling sales
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux,…
‘Moana 2’ snares $221 million in its five-day domestic opening, fueling the biggest Thanksgiving box office of all time
Auliʻi Cravalho voices Moana in Disney Animation’s “Moana 2.”DisneyIt was all feast and no famine at the Thanksgiving box office…
Trump voters could fuel holiday spending, while Harris supporters may pull back
A “Keep America Great” hat tops off a Christmas tree at a “Merry Christmas” rally hosted by President Donald Trump…
College Football Playoff expansion boosts advertising, viewership at Disney
Donovan Edwards #7 of the Michigan Wolverines hurdles a tackle attempt by Michael Taaffe #16 of the Texas Longhorns during…
As retailers enter the holiday shopping season, the winners are pulling away from the pack
Shoppers outside a Target store ahead of Black Friday, in Clifton, New Jersey, Nov. 26, 2024.Victor J. Blue | Bloomberg…
‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era
Auliʻi Cravalho voices Moana in Disney Animation’s “Moana 2.”DisneyThe domestic box office is poised for its biggest Thanksgiving haul since…
Nordstrom tops Wall Street’s earnings expectations, as shoppers buy more clothes and shoes
Nordstrom on Tuesday beat Wall Street’s quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying…
Best Buy cuts full-year sales forecast due to softer demand for consumer electronics
Best Buy on Tuesday cut its full-year sales forecast and missed Wall Street’s quarterly revenue expectations, as early holiday shopping…
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