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Netflix earnings showcase strength as the rest of the media industry struggles
21/07/2023

Netflix earnings showcase strength as the rest of the media industry struggles

Netflix's core business continues to chug along as the rest of the media and entertainment industry searches for new growth.

As Macy’s stock struggles, the retailer bets on private brands with more modern looks
21/07/2023

As Macy’s stock struggles, the retailer bets on private brands with more modern looks

Macy's plans to launch private brands, make over some existing brands and ditch others in the coming years.

Auto industry braces for contentious contract talks as UAW formally kicks off bargaining
14/07/2023

Auto industry braces for contentious contract talks as UAW formally kicks off bargaining

UAW president has vowed to be aggressive in bargaining with General Motors, Ford Motor and Stellantis for new worker contracts.

Disney extends CEO Bob Iger’s contract through 2026, two years longer than planned
14/07/2023

Disney extends CEO Bob Iger’s contract through 2026, two years longer than planned

Iger had previously told CNBC that he had no intention to stay longer than two years in the post after he returned in November.

GM second-quarter sales increase 18.8% as supply chain stabilizes
07/07/2023

GM second-quarter sales increase 18.8% as supply chain stabilizes

Auto industry forecasters project industry sales to have increased 16% to 18% during the second quarter compared with a year earlier.

JetBlue says it will end American Airlines partnership after losing DOJ antitrust case, will focus on Spirit
07/07/2023

JetBlue says it will end American Airlines partnership after losing DOJ antitrust case, will focus on Spirit

A federal judge ordered JetBlue and American to undo their partnership in the Northeast, ruling it violated antitrust law.

United CEO says flight cuts needed as thunderstorms roil July Fourth holiday travel
04/07/2023

United CEO says flight cuts needed as thunderstorms roil July Fourth holiday travel

United's CEO Scott Kirby apologized late Friday for taking a private jet out of New Jersey during the flight disruptions.

Rivian shares surge as second-quarter EV deliveries top estimates
04/07/2023

Rivian shares surge as second-quarter EV deliveries top estimates

Rivian on Monday reported deliveries of 12,640 vehicles during the second quarter, topping analyst expectations of 11,000 vehicles.

Student loan relief is gone for millions of Americans — here’s what it means for retailers
03/07/2023

Student loan relief is gone for millions of Americans — here’s what it means for retailers

The Supreme Court striking down Biden's student debt cancelation plan, and the resumption of payments, will add more pressure to already cautious consumers.

Why Ford says new high-tech features for its Super Duty trucks will save marriages
03/07/2023

Why Ford says new high-tech features for its Super Duty trucks will save marriages

The 2023 Ford Super Duty lineup is designed to ease difficulties with some of the vehicles' most important functions: towing and carrying/hauling.

These retailers will take over Bed Bath & Beyond’s ‘top-notch’ store leases
30/06/2023

These retailers will take over Bed Bath & Beyond’s ‘top-notch’ store leases

Burlington Stores is set to take over 50 former Bed Bath & Beyond locations after the home goods retailer auctioned its leases.

House hunting is already tough. Guess what? It’s about to get harder
30/06/2023

House hunting is already tough. Guess what? It’s about to get harder

In the last week of June, the number of homes for sale fell below year-ago levels for the first time in 59 weeks.

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