Spirit jumps 17% after raising fourth-quarter forecast, plans to refinance debt
Spirit Airlines jetliners on the tarmac at Fort Lauderdale Hollywood International Airport. (Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via…
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Wayfair shares surge after home goods retailer announces 1,650 job cuts, 13% of workforce
Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to trim down…
Alec Baldwin faces renewed manslaughter charges over 2021 ‘Rust’ movie set shooting
An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie…
Yoga wars heat up as Levi’s Beyond Yoga taps former Athleta CEO, Gap veteran as next chief executive
Beyond YogaCourtesy: Beyond YogaLevi Strauss’ Beyond Yoga has tapped former Athleta CEO and longtime Gap veteran Nancy Green to be…
Japan announces successful SLIM lunar landing, fifth country to reach moon’s surface
People raise their hands after a successful moon landing by the Smart Lander for Investigating Moon, in a public viewing…
JetBlue to cut some routes as it pushes for profitability
The JetBlue drop-off area at New York’s LaGuardia Airport on Oct. 31, 2023.Leslie Josephs/CNBCJetBlue Airways told staff this week that…
Stellantis CEO says automaker won’t sell EVs at a loss like other carmakers
Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show in Manhattan, New York,…
A stealth inflationary cost is hitting corporate profits and consumer wallets
Getty ImagesA stealth inflationary cost is biting into corporate profits.While some companies are now seeing lower input and freight costs,…
Delta CEO is confident about moving forward with order of Boeing Max 10s
Delta Air Lines airplanes are seen parked at Hartsfield-Jackson International Airport in Atlanta.Camilo Freedman | Lightrocket | Getty ImagesDelta Air…
December home sales slump to close out worst year since 1995
A delivery man delivers packages in a Los Angeles neighborhood on January 17, 2024. Frederic J. Brown | AFP | Getty…
Why the JetBlue-Spirit antitrust ruling doesn’t spell doom for an Alaska-Hawaiian merger
Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California,…
Sweetgreen wants to be the ‘McDonald’s of its generation.’ This rival salad chain could beat it
The drive-thru entrance to a Salad and Go location.Source: Salad and GoWhen Sweetgreen went public two years ago, co-founder and…
Spirit Airlines jumps 20% after raising fourth-quarter forecast
Spirit Airlines jetliners on the tarmac at Fort Lauderdale Hollywood International Airport. (Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via…
Macy’s to cut more than 2,300 jobs, about 3.5% of its workforce, and close five stores
Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations…
Wendy’s taps PepsiCo exec Kirk Tanner as new CEO as burger chain fights off activist pressure
A ‘now hiring’ sign outside of a Wendy’s on October 08, 2021 in Miami, Florida.Joe Raedle | Getty ImagesWendy’s has…
NBA postpones second Warriors game after assistant coach’s death
Assistant coach Dejan Milojević and Kevon Looney, #5 of the Golden State Warriors, talk before the game against the Los…
Nelson Peltz is launching a blitz on Disney — here’s what he says is next in his proxy fight
Activist investor Nelson Peltz.David A. Grogan | CNBCDisney and its investors are going to start hearing a lot from activist…
Birkenstock shares slump as shoe company warns on profit outlook during first earnings since IPO
A Birkenstock banner hangs outside the New York Stock Exchange in New York on Oct. 11, 2023, as Birkenstock launches…
Nelson Peltz states his case for joining the Disney board
Activist investor Nelson Peltz is stating his case for joining Disney‘s board. Peltz’s Trian Fund Management, in formally nominating Peltz…
The weight loss drug market may soon get more crowded. Here are the companies trying to enter the booming space
Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used…
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