American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines posted a third-quarter loss but raised its profit forecast for the year as CEO Robert Isom said the…
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Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl’s top the list
An exterior view of the Kohl’s store at the Paxton Town Centre near Harrisburg. A customer walks with a Nike…
TKO Group to acquire IMG, Professional Bull Riders and On Location from Endeavor for $3.25 billion
TKO Group, the company that owns WWE and UFC, is expanding into sports-adjacent properties by acquiring three businesses for $3.25…
Abercrombie & Fitch responds to former CEO’s sex trafficking arrest, says it will cooperate with law enforcement
Former Abercrombie & Fitch Chairman and CEO Mike Jeffries addresses stockholders during the company’s annual meeting at its headquarters in…
Shares of Peloton surge 11% after David Einhorn says stock is significantly undervalued
David Einhorn speaking at the 2024 Sohn Conference in New York City on April 3, 2024.Adam Jeffery | CNBCShares of…
New Boeing CEO sets sights on ‘leaner’ future as quarterly loss tops $6 billion
Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, US, on Thursday, Oct. 3, 2024. David…
CDC told McDonald’s about potential E. coli outbreak late last week
A customer walks out of a McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024.Mario Tama | Getty ImagesThe Centers…
Novo Nordisk asks FDA to ban compounding pharmacies from making Ozempic, Wegovy copies
Novo Nordisk on Tuesday asked the Food and Drug Administration to prevent compounding pharmacies from making unapproved and often cheaper…
September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84…
Coca-Cola CEO says McDonald’s E. coli outbreak won’t hurt beverage company’s sales
Coca-Cola President and CEO James Quincey attends a press conference with International Olympic Committee (IOC) president and China Mengniu Dairy…
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January…
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Vintage Coca-Cola bottles are seen in a shop window in Manhattan, New York City, on July 15, 2024.Beata Zawrzel |…
WNBA Finals Game 5 draws highest viewership in 25 years
The New York Liberty celebrate after wining the 2024 WNBA Championship against the Minnesota Lynx during Game 5 of the…
McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders
A McDonald’s located on Route 66 in Azusa, California, on April 1, 2024.Robert Gauthier | Los Angeles Times | Getty…
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks on Tuesday…
GM stock has best day since 2020 after automaker tops Wall Street’s third-quarter expectations, raises guidance
DETROIT — Shares of General Motors saw their largest daily increase since March 2020 on Tuesday after the company topped…
New Boeing CEO to give clues on company’s future, while striking workers vote on new contract
Ryan Bergh, a machinist at Boeing’s factory in Everett, Washington for 10 years, cheers during a strike rally for the…
Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers
Peloton’s stationary bikes will soon sell at Costco’s stores and on its website as the beleaguered fitness company looks for…
Walmart will start delivering prescriptions to customers’ doorsteps as CVS and Walgreens struggle
Walmart will start to deliver prescriptions to customers’ doorsteps. Customers can also get additional items dropped off along with medications,…
MLS attendance and sponsorship revenue hit regular season records
Lionel Messi of Inter Miami competes during a friendly match between Inter Miami and Newell’s Old Boys at DRV PNK…
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