In this article F Ford Chair Bill Ford and President and CEO Jim Farley converse in front of newly revealed Mustang Dark Horse at The Stampede in downtown Detroit on Sept. 14, 2022. Ford DETROIT – Ford Motor CEO Jim Farley was in his element Wednesday night, surrounded by gearheads and the automaker’s new 2024
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Railroads and workers’ unions reached a tentative labor agreement early Thursday to avert a national rail strike that threatened to shut a major segment of the U.S. transportation network. The last-minute deal avoids massive disruptions to the flow of key goods and commodities around the country. About 40% of the nation’s long-distance trade is moved
In this article DIS Patty Jenkins attends TNT’s “I Am The Night” FYC Event on May 9, 2019 in North Hollywood, California. Emma McIntyre | Getty Images Questions about the fate of Patty Jenkins’ “Rogue Squadron” began circulating nearly a year ago, and intensified after the Star Wars film went unmentioned at Disney’s annual D23
In this article BBBY Bed Bath & Beyond has announced dozens of the roughly 150 stores it plans to close. The struggling home goods retailer released its plans last month to shutter the “lower producing” locations, representing about 20% of its namesake stores. The closures are part of a broader plan to try to stabilize
In this article UAL Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021. Aaronp / Bauer-Griffin | GC Images | Getty Images DULLES, Va. — United Airlines and Emirates will sell seats on each other’s planes, marking a turnaround in the business models of the one-time foes. As part
In this article F Ford CEO Jim Farley poses next to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, April 26, 2022. Rebecca Cook | Reuters LAS VEGAS – Ford Motor is asking its nearly 3,000 dealers to invest upward of $1
Negotiators from railroad carriers and unions met in Labor Secretary Marty Walsh’s office Wednesday as the sides tried to negotiate a deal ahead of Friday’s strike deadline. The meeting started just after 9 a.m. ET. A spokesperson for the Labor Department said talks were ongoing as of midday. “The parties are negotiating in good faith
‘House of the Dragon’ series logo displayed on a phone screen and HBO Max website are seen in this illustration photo taken on August 16, 2022. Jakub Porzycki | Nurphoto | Getty Images Streaming service subscriber growth may be slowing, but that doesn’t mean prices won’t keep rising. HBO Max and Discovery+, Warner Bros. Discovery‘s
In this article SBUX Starbucks Chairman and CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, Washington on March 22, 2017. Jason Redmond | AFP | Getty Images Starbucks hiked its long-term financial forecast on Tuesday after outlining a series of changes coming to its cafes as part of its reinvention plan.
Robert Sarver of the Phoenix Suns takes notes inside the lottery room during the 2017 NBA Draft Lottery at the New York Hilton in New York, New York. Jennifer Pottheiser | National Basketball Association | Getty Images The NBA suspended Phoenix Suns and Mercury owner Robert Sarver for one year and fined him $10 million
In this article SBUX CEO of Starbucks Howard Schultz in New York City. Steven Ferdman | Getty Images Starbucks is expected to unveil a reinvention plan Tuesday as the coffee giant grapples with changing consumer behavior, outdated store designs and a union push in the U.S. The strategy is the brainchild of outgoing interim CEO
In this article PTON Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Co-founder and former CEO John Foley resigned from his position as executive chairman of the board
Los Angeles, CA – November 23: An air travel passenger is hugged while being picked up amid a long line of travelers awaiting rides after arriving at Los Angeles International Airport terminal 1 for the Thanksgiving holiday in Los Angeles on Tuesday, Nov. 23, 2021. Allen J. Schaben | Los Angeles Times | Getty Images
American Eagle clothing and accessories retailer American Eagle store seen in Tokyo. Budrul Chukrut | SOPA Images | Light Rocket | Getty Images American Eagle this week joined the list of clothing retailers reporting bleak earnings as the industry works to figure out the type of items people want coming out of the pandemic, while
In this article DIS Dan Loeb Justin Solomon | CNBC Activist investor Dan Loeb indicated that he’s going to retreat from his push to get Disney to spin off ESPN, reversing a position he had pushed less than a month ago. In a tweet Sunday morning, the Third Point CEO said he sees the virtue
In this article HD LOW GPS AMZN WMT TGT KSS A Walmart employee loads up a robotic warehouse tool with an empty cart to be filled with a customer’s online order at a Walmart micro-fulfillment center in Salem, Mass. on Jan. 8, 2020. Boston Globe | Boston Globe | Getty Images When the economy slows
In this article DIS The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Hot on the heels of San Diego Comic Con in July, Disney unveiled more information about its burgeoning Marvel Cinematic Universe
Brendan Hunt, Jason Sudeikis and Brett Goldstein star in AppleTV+’s “Ted Lasso.” Apple Is this the year of Apple TV+? The streamer’s historic Oscar win for Best Picture was overshadowed by an altercation between actor Will Smith and comedian Chris Rock in March, but big wins at Monday’s Emmys could cement the service as one
In this article QSR-CA QSR CASCAIS, PORTUGAL – Burger King signs are seen at the local fast food restaurant. Horacio Villalobos | Corbis News | Getty Images Burger King on Friday said it plans to spend $400 million over the next two years on advertising and renovating its restaurants as part of a broader strategy
Shohei Ohtani #17 of the Los Angeles Angels pitches in the fifth inning against the Houston Astros at Angel Stadium of Anaheim on September 03, 2022 in Anaheim, California. Meg Oliphant | Getty Images The MLB approved several rule changes for the 2023 season that are aimed to speed up the pace of play and