Immersive entertainment company Cosm lands rights to broadcast NFL games
Cosm currently has two locations in Los Angeles and Dallas, Texas but plans but is planning on expanding to additional…
Latest Business News, Market Trends & Corporate Insights
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This is why David Einhorn thinks Peloton could be worth five times what it is now
David Enhorn pitches Peloton at the Robin Hood Investors Conference.Getty Images (L) | CNBC (R)Greenlight Capital’s David Einhorn thinks Peloton…
Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in…
CDC says 75 people affected in E. coli outbreak linked to McDonald’s Quarter Pounders
A deadly E. coli outbreak linked to McDonald‘s Quarter Pounders has led to 75 cases in 13 states, the Centers…
What McDonald’s needs to do next after E. coli outbreak
In this photo illustration, a McDonald’s Quarter Pounder hamburger meal is seen at a McDonald’s on October 23, 2024 in…
Volkswagen’s Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Scout Terra pickup truck and Scout Traveler SUV conceptsScoutNASHVILLE, Tenn. — Volkswagen-backed Scout Motors revealed its first electric vehicles Thursday…
Yum Brands and Burger King pull onions from select restaurants after McDonald’s E. coli outbreak
A sign is posted in front of a Taco Bell restaurant in Richmond, California, on May 1, 2024.Justin Sullivan |…
Judge blocks Coach owner Tapestry’s proposed acquisition of Michael Kors parent Capri
Pedestrians walk past a Coach store and a Michael Kors store.Scott Olson | Getty ImagesA federal judge blocked Tapestry’s acquisition…
Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
Boeing 737 fuselages on railcars at Spirit AeroSystems’ factory in Wichita, Kansas, on July 1, 2024.Nick Oxford | Bloomberg |…
The art market is in a correction as big spenders fade
A gallery staff member looks at a painting by Andy Warhol & Jean-Michel Basquiat, Collaboration, 1982-1985, estimate £1,000,000 1,500,000 during…
Jeff Vinik sells stake in NHL’s Tampa Bay Lightning to investor group
Jeffrey Vinik, owner of the Tampa Bay Lightning.Adam Jeffery | CNBC The Tampa Bay Lightning’s ownership group is expanding.Vinik Sports…
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest Airlines‘ third-quarter profit fell from a year ago but topped Wall Street estimates as the carrier worked to drum…
Southwest and activist investor Elliott strike deal to keep CEO Bob Jordan, add six new directors
Bob Jordan, CEO of Southwest Airlines, listens to questions from media during Southwest Airlines Investor day at Southwest Airlines Headquarters…
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…
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…
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