GM far exceeds second-quarter estimates, will restructure struggling China business
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on…
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General Motors is set to report earnings before the bell
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on…
Warner Bros. Discovery tells NBA it intends to match Amazon’s media rights package
Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights…
Delta cancels hundreds more flights in struggle to recover from Microsoft outage
Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19,…
McDonald’s to extend $5 value meal in most U.S. markets as diners return to restaurants
In an aerial view, a customer walks by a sign as they leave a McDonald’s restaurant in San Pablo, California,…
Korean Air orders at least 40 Boeing wide-body planes in a vote of confidence for the manufacturer
A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, January 25,…
Automakers report earnings this week. GM is set to be the standout
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — Wall Street expects…
Boeing ‘disappointed’ customers but is on the path to ‘transformational change,’ commercial jet CEO says
Boeing’s Stephanie Pope gives a press conference at the Paris Le Bourget Airport, on June 20, 2023.Geoffroy Van Der Hasselt…
Flight cancellations persist after IT outage
The United Airlines terminal on July 19, 2024 as a global technology outage affected LAX airport in Los Angeles. Myung J.…
Activist Elliott reportedly has a significant stake in Starbucks, in talks with management
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesElliott Management has taken a significant stake in coffee…
Flights grounded and passengers warned of delays amid global IT outage
Crowds are seen building up at Suvarnabhumi Airport as a global IT disruption caused by a Microsoft outage and a…
Retail crime ‘queenpin’ faces five years in prison, millions in restitution
Michelle Mack is taken into custody, Dec. 6, 2023.CNBCThe ringleader of a nationwide organized retail crime operation that targeted Ulta…
Netflix beats estimates as ad-supported memberships rise 34%
The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty…
Boeing’s missteps have cost it billions. Here’s how it plans to get back to glory
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after…
With corners of the media industry in upheaval, Netflix makes clear it’s staying out of the fray
A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty…
NBA sends media terms to Warner Bros. Discovery, officially starting five-day match period
Jaylen Brown, #7 of the Boston Celtics, shoots a three-point basket against the Dallas Mavericks during Game 5 of the…
Penn lays off about 100 employees as it focuses on ESPN Bet growth
The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg…
Netflix reports earnings after the bell. Here’s what to expect
The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty…
Ford to spend $3 billion to expand large truck production to a plant previously set for EVs
2023 Ford Super Duty F-350 LimitedFordDETROIT – Ford Motor will expand production of its large Super Duty trucks to a…
Can Boeing get back to its glory days?
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after…
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