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American Airlines raises bag fees, won’t allow some travel agency bookings to earn miles
22/02/2024

American Airlines raises bag fees, won’t allow some travel agency bookings to earn miles

American Airlines will start charging travelers $40 for a checked bag at the airport and $35 if purchased online.

NFL reminds teams they can’t bet on sports during Super Bowl week in Las Vegas
06/02/2024

NFL reminds teams they can’t bet on sports during Super Bowl week in Las Vegas

The NFL is trying to tamp down potential gambling by team personnel as it holds its first ever Super Bowl in Las Vegas.

New Macy’s CEO Tony Spring looks to revive a 166-year-old retailer fighting for relevance
06/02/2024

New Macy’s CEO Tony Spring looks to revive a 166-year-old retailer fighting for relevance

As department store operator Macy's gets a new leader in Tony Spring, it's contending with slowing sales, activist investors and an aging customer base.

Costco and TJX crushed rivals in an inflationary world. What happens as prices come down?
06/02/2024

Costco and TJX crushed rivals in an inflationary world. What happens as prices come down?

Here's how they must stay on their games.

Emerging brands grab market share in China and South Korea, forcing established ones to reinvent
06/02/2024

Emerging brands grab market share in China and South Korea, forcing established ones to reinvent

The rise of online shopping, social media and easier access to factories are driving the growth of new consumer brands in parts of Asia — putting pressure on traditional industry giants.

McDonald’s and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while
06/02/2024

McDonald’s and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while

The Israel-Hamas war and related boycotts hurt Starbucks' and McDonald's sales in the latest quarter.

‘No shipping, no shopping’: Trade experts warn Congress what more Houthi Red Sea chaos will mean for economy
31/01/2024

‘No shipping, no shopping’: Trade experts warn Congress what more Houthi Red Sea chaos will mean for economy

MSC, the world's largest shipper, joined retail and maritime experts in warning Congress about Houthi 'chaos' and the impact on freight and consumer prices.

Boeing is set to report fourth-quarter results in the shadow of 737 Max 9 crisis
31/01/2024

Boeing is set to report fourth-quarter results in the shadow of 737 Max 9 crisis

Boeing's CEO will face investors eager for answers about how the latest 737 Max crisis will affect the company.

‘It’s really bad’: China strategist warns of deflation and rock-bottom consumer confidence
25/01/2024

‘It’s really bad’: China strategist warns of deflation and rock-bottom consumer confidence

The world's second-largest economy has faced a slower-than-expected recovery in 2023 after exiting Covid-19 restrictions.

Thursday’s GDP report expected to show the U.S. economy at a crossroads
25/01/2024

Thursday’s GDP report expected to show the U.S. economy at a crossroads

The consensus outlook for the fourth quarter is that gross domestic product grew at a 2% seasonally adjusted annualized pace.

Cheddar News sold by Altice USA to media company Archetype
19/01/2024

Cheddar News sold by Altice USA to media company Archetype

Terms of the deal were not officially disclosed, but a person familiar with the matter told CNBC it is structured as a so-called "earn out" deal.

Nelson Peltz states his case for joining the Disney board
19/01/2024

Nelson Peltz states his case for joining the Disney board

The proxy battle comes as CEO Bob Iger tries to streamline the sprawling media company to rein in spending and make its Disney+ streaming platform profitable.

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