Business News Archives | Page 96 Of 128

Why this China-made BYD Shark pickup is drawing attention in the global truck market

BYD Shark plug-in hybrid electric pickup truck Michael Wayland / CNBC DETROIT — There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck. Without the vehicle’s branding badge, the BYD Shark could pass as an American-made […]

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Aerial firefighting companies’ new challenge: Keeping up with demand

Business News

As out-of-control wildfires threatened thousands of Los Angeles residents earlier this month, the companies that fight infernos from the air raced to send their air tankers and water bombers to the area. It was supposed to be the off-season. The California Department of Forestry and Fire Protection, or Cal Fire, has more than 60 fixed-wing

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Target rolls back DEI initiatives, the latest big company to retreat

Business News

Customers exit a Target store on November 20, 2024 in Austin, Texas. Brandon Bell | Getty Images Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo sent to its employees, the Minneapolis-based retailer said

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American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z

Business News

Silas Stein | Picture Alliance | Getty Images American Express’s affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the fourth quarter after slowing down from a 7% growth rate early in the year to

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Airlines flex pricing power, signaling higher fares in 2025

Business News

Travelers walk through O’Hare International Airport in Chicago on Dec. 20, 2024. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power. Fare-tracking platform Hopper this month said domestic “good deal”

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Boeing details losses from labor strike, new contract

Business News

An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington. Lindsey Wasson | Reuters Boeing on Thursday released preliminary fourth-quarter financial results that were impacted by a nearly two-month labor strike and a new labor agreement last year,

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AI-enhanced films ‘The Brutalist’ and ‘Emilia Pérez’ score Oscar nominations for acting, editing

Business News

Adrian Brody in “The Brutalist” Source: A24 Two films facing controversy over their use of artificial intelligence led the nominees for the Academy Awards announced Thursday. “The Brutalist,” a drama about a Hungarian-Jewish architect who survives the Holocaust and flees to the U.S., garnered 10 nominations, while “Emilia Pérez,” a musical centered on a transgender

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UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing

Business News

UnitedHealthcare (UHC) health insurance company signage is displayed on an office building in Phoenix, Arizona on July 19, 2023. Patrick T. Fallon | Afp | Getty Images UnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive, Brian Thompson, in Manhattan in December. Noel

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Shein exec says tariffs shouldn’t impact its cheap clothes — as long as they’re applied ‘equally’

Business News

A view of a Shein pop-up store at a mall in Singapore April 4, 2024. Edgar Su | Reuters Shein’s ultra-cheap clothes can remain affordable as long as proposed tariffs from President Donald Trump are “applied equally,” the company’s executive chairman Donald Tang said on Thursday. “Affordability is a big anchor. … It’s the whole

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Store closures hit highest level since pandemic — see who is shutting down the most locations

Business News

Shoppers seek closeout sale discounts at Party City in Stamford, Conn. July 3, 2023. Tyler Sizemore | Albany Times Union | Hearst Newspapers | Getty Images Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ Dollars increasingly

Store closures hit highest level since pandemic — see who is shutting down the most locations Read More »

Why this China-made BYD Shark pickup is drawing attention in the global truck market

Aerial firefighting companies’ new challenge: Keeping up with demand

American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z

Airlines flex pricing power, signaling higher fares in 2025

Boeing details losses from labor strike, new contract

AI-enhanced films ‘The Brutalist’ and ‘Emilia Pérez’ score Oscar nominations for acting, editing

Shein exec says tariffs shouldn’t impact its cheap clothes — as long as they’re applied ‘equally’

Store closures hit highest level since pandemic — see who is shutting down the most locations

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