Spirit Airlines narrows loss to $184 million, says it’s on the path back to profitability
A Spirit Airlines plane awaits takeoff at LaGuardia Airport in New YorkLeslie Josephs/CNBCSpirit Airlines‘ fourth-quarter loss narrowed to nearly $184…
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Wall Street loves Disney’s kitchen-sink quarter, but Nelson Peltz says he isn’t backing down
Nelson Peltz, founding partner and CEO of Trian Fund Management, speaks with CNBC’s Andrew Ross Sorkin on July 17, 2013…
ESPN will launch its own streaming service in fall 2025, alongside joint venture
A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on…
Taylor Swift Eras Tour film to stream exclusively on Disney+ starting March 15
Taylor Swift performs during opening night of her The Eras Tour at Soldier Field in Chicago on June 2, 2023.Chicago…
Disney beats earnings estimates, hikes guidance as it slashes streaming losses
LOS ANGELES — The Walt Disney Company reported better-than-expected fiscal first-quarter earnings on Wednesday as the media giant slashed costs…
Warner Music to cut 600 jobs, or 10% of staff
The Warner Music Group logo is displayed on a smartphone.Sopa Images | Lightrocket | Getty ImagesWarner Music is laying off…
Disney to take $1.5 billion stake in Epic Games, work with Fortnite maker on new content
Rafael Henrique | Lightrocket | Getty ImagesDisney is investing $1.5 billion for a stake in Epic Games, CEO Bob Iger…
New sports streaming bundle could be a ‘monster’ — or a dud. Here are the biggest remaining questions
Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles…
NYCB shares fall after Moody’s cuts regional bank’s credit rating to junk
The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024.Bing Guan | Bloomberg…
GM to spend $19 billion through 2035 to source EV battery materials from LG Chem
The 2025 Cadillac Escalade IQ.GMDETROIT — General Motors plans to spend $19 billion over roughly the next decade through a…
NYCB shares fall as much as 13% after Moody’s cuts regional bank’s credit rating to junk
The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024.Bing Guan | Bloomberg…
Yum Brands disappoints as KFC, Taco Bell and Pizza Hut fall short of same-store sales expectations
KFC and Taco Bell restaurants along 118th Avenue in Edmonton, on January 21, 2024, in Edmonton, Alberta, Canada.Artur Widak |…
Public utilities fall short on wildfire mitigation, putting residents and shareholders at risk
Five years and 2,500 miles apart, fires devastated thriving communities — and major U.S. utility companies stood at the center…
ESPN, Fox and Warner Bros. Discovery to launch joint sports streaming platform this year
A FOX Sports TV camera operator during the week 5 NFL game between the Atlanta Falcons and the Carolina Panthers…
Ford is reassessing its EV plans, including vertical battery integration
A Ford Mustang Mach-E GT compact sports utility vehicle during the 2022 New York International Auto Show in New York…
Chipotle earnings crush estimates as restaurant traffic grows 7.4%
People visit a Chipotle restaurant in Miami on Feb. 9, 2022.Joe Raedle | Getty ImagesChipotle Mexican Grill on Tuesday posted…
Ford tops fourth-quarter estimates, guides toward strong 2024
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26,…
Bolts appeared to be missing from Boeing 737 Max door plug that blew off midflight, NTSB says
In this photo released by the National Transportation Safety Board, investigator-in-charge John Lovell examines the fuselage plug area of Alaska…
Healthy Returns: Novo Nordisk, Eli Lilly are tackling weight loss drug supply woes
Good afternoon! All eyes are on Novo Nordisk and Eli Lilly again as Wall Street looks for signs that they can address one of the…
Eli Lilly says weight loss drug shows promise as treatment for fatty liver disease
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. Brendan…
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