Paramount+ to increase prices for its streaming plans
Getty ImagesParamount Global is hiking the price of its flagship streaming service as the company looks to turn around its…
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Ferrari CEO says all-electric model preserves the ’emotion’ of the famed supercars
Ferrari’s all-electric model won’t be launched for over a year, but early tests prove it has all the driving traits…
Fast fashion retailer Shein confidentially files for London IPO as U.S. listing stalls
Shein sign during its opening, at ABC Serrano, on 26 April, 2024 in Madrid, Spain. Alejandro Martinez Velez | Europa Press…
Target taps Shopify to add sellers to its third-party marketplace
Target is turning to Shopify to add new and trendier brands to its website.Starting Monday, the Minneapolis-based discounter said companies…
Eli Lilly expects FDA decision on weight loss drug Zepbound for sleep apnea as early as end of the year
Eli Lilly on Friday said it applied for U.S. approval of its weight loss drug Zepbound for the treatment of the most…
Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans
Jane Fraser, CEO of Citigroup, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of…
Forever 21 seeks rent concessions as fast-fashion brand faces financial woes
Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles…
Home prices hit record high in May as sales stall
Sales of previously owned homes are sitting at a 30-year low and didn’t move much in May as prices hit…
Experts say Shein’s U.S. IPO is all but dead
The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop. Monika…
SpaceX unveils backpack-sized ‘Starlink Mini’ satellite internet antenna for $599
Starlink Mini promotional image.SpaceX customer email sent June 19, 2024.SpaceX is rolling out a compact version of its Starlink antennas…
Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says
Customers arrive at an Olive Garden location in San Antonio, Texas.Callaghan O’Hare | Bloomberg | Getty ImagesCasual-dining chains are gaining…
Gilead’s twice-yearly shot to prevent HIV succeeds in late-stage trial
Gilead‘s experimental twice-yearly medicine to prevent HIV was 100% effective in a late-stage trial, the company said Thursday.None of the…
Darden beats on earnings, even as Olive Garden, fine-dining sales drag
Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida. Universal Images…
Family films led by ‘Inside Out 2’ could reignite the box office
Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.”Disney | PixarA big…
Boeing CEO blasted by Senate panel: ‘It’s a travesty that you are still in your job’
Boeing’s CEO Dave Calhoun and chief engineer Howard McKenzie turn to face those who lost loved ones in fatal crashes…
Top BofA auto analyst says Detroit automakers need to exit China as soon as possible
Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group…
Watch Boeing CEO Dave Calhoun testify before Senate panel on whistleblower allegations
[The stream is slated to start at 2:00 PM ET. Please refresh the page if you do not see a…
Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of…
Gen X stands to gain the most wealth from the $84 trillion wealth transfer
Fg Trade | E+ | Getty ImagesGeneration X may be the biggest beneficiary from the $84 trillion Great Wealth Transfer…
Boeing CEO heads for Senate grilling as new whistleblower alleges company hid bad airplane parts
Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24,…
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