Beleaguered retailer Forever 21 is in talks with liquidators about future steps for the fast fashion company, according to people familiar with the matter — a sign that it’s struggling to find a buyer as it mulls a second bankruptcy filing. The company has been looking for a buyer for its U.S. leases and assets […]
Forever 21 is in talks with liquidators, indicating it’s struggling to find a buyer Read More »
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana topped Wall Street’s top- and bottom-line expectations for the fourth quarter, while guiding for another “strong” year in 2025. Carvana, as it has in the past, gave a broad guidance outlook for this year that includes growth in both retail
Carvana expects another ‘strong’ year after topping fourth-quarter expectations Read More »
A United Airlines plane takes off from Ronald Reagan Washington National Airport in Arlington, Virginia, on November 23, 2021. Drew Angerer | Getty Images United Airlines says travel demand has been resilient lately — except from the U.S. government. Government travel “has fallen off here post-inauguration,” United’s Chief Financial Officer Mike Leskinen said at a
Government travel has ‘fallen off’ since Trump inauguration, United Airlines says Read More »
Shoppers at a Walmart store in Secaucus, New Jersey, U.S., in March 2024. Gabby Jones | Bloomberg | Getty Images Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to fuel the retailer’s growth. For more than two years, the discounter
Walmart is getting a bump from a surprising cohort: Wealthier shoppers Read More »
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images The U.S. aviation industry on Wednesday urged Congress to approve “robust emergency funding” for air traffic control technology and staffing. Three weeks
Aviation industry urges Congress for emergency air traffic control funding Read More »
Hims & Hers Health announced Wednesday it has acquired New Jersey-based at-home lab testing facility Trybe Labs. The deal will allow the telehealth company to offer at-home blood draws and more comprehensive pre-treatment testing to its users. “Access to richer data allows us to deepen the insights that providers can use on our platform to
Hims & Hers to offer at-home blood draws and lab testing with new acquisition Read More »
A JetBlue plane takes off from Los Angeles International Airport (LAX) on Jan. 03, 2025 in Los Angeles, California. Mario Tama | Getty Images JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president said Wednesday. “If we find a deal that’s accretive, we’ll absolutely do it,” JetBlue’s president, Marty St. George,
JetBlue talking to ‘multiple airlines’ about a new partnership Read More »
U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec. 3, 2019. Massimo Pinca | Reuters DETROIT — Nikola Corp. — an auto startup that was once a favorite of Wall Street analysts and retail
Embattled EV maker Nikola files for Chapter 11 bankruptcy protection Read More »
Signage outside a Yum Brands Inc. KFC restaurant in Shelbyville, Kentucky, on Jan. 29, 2021. Luke Sharrett | Bloomberg | Getty Images KFC is leaving Kentucky. The fried chicken chain’s U.S. headquarters will move from Louisville, Kentucky, to Plano, Texas, owner Yum Brands said Tuesday. About 100 KFC U.S. employees will be required to relocate
KFC moves U.S. headquarters from Kentucky to Texas Read More »
Sentiment among the nation’s single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs, which would raise their costs significantly. The National Association of Home Builders’ Housing Market Index, or HMI, dropped a sharp 5 points from January to a reading of 42. Anything below 50 is
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low Read More »
