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Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast

Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast

Business News

Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Delta Air Lines won’t expand flying in the second half of the year because of disappointing bookings amid President Donald Trump’s shifting trade policies, which CEO Ed Bastian called “the wrong approach.” […]

Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast Read More »

Digital health startup Transcarent takes Accolade private in 1 million deal

Digital health startup Transcarent takes Accolade private in $621 million deal

Technology News

Glen Tullman, chairman and chief executive officer at Livongo Health Inc., speaks during the 2015 Bloomberg Technology Conference in San Francisco, California, U.S., on Tuesday, June 16, 2015. David Paul Morris | Bloomberg | Getty Images Digital health startup Transcarent on Tuesday announced it completed its acquisition of Accolade in a deal valued at roughly $621 million.  Transcarent

Digital health startup Transcarent takes Accolade private in $621 million deal Read More »

Walmart is facing tariffs and recession fears. It may have a secret weapon to keep growing

Walmart is facing tariffs and recession fears. It may have a secret weapon to keep growing

Business News

Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images As tariffs roil the U.S. economy, Walmart may find safety in a new part of its business that’s driving more store traffic and online sales:

Walmart is facing tariffs and recession fears. It may have a secret weapon to keep growing Read More »

‘Minecraft’ box office jolt offers hope for the summer slate

‘Minecraft’ box office jolt offers hope for the summer slate

Business News

Jack Black, Jason Momoa, and Sebastian Hansen as seen in Warner Bros. and Legendary Entertainment’s “A Minecraft Movie.” Warner Bros. Warner Bros.’ struck gold over the weekend. “A Minecraft Movie,” the studio’s co-production with Legendary Entertainment, snapped up $163 million at the domestic box office during its debut. The movie not only set a record

‘Minecraft’ box office jolt offers hope for the summer slate Read More »

Walgreens tops estimates as drugstore chain cuts costs, prepares to go private

Walgreens tops estimates as drugstore chain cuts costs, prepares to go private

Business News

A sign for US drugstore chain Walgreens is displayed outside its store in New York City on March 7, 2025. Angela Weiss | AFP | Getty Images Walgreens on Tuesday reported fiscal second-quarter earnings and revenue that topped expectations, as the retail drugstore giant benefits from cost cuts and prepares to go private. The company

Walgreens tops estimates as drugstore chain cuts costs, prepares to go private Read More »

GM reveals Corvette EV concept car as it reconfirms commitment to Europe

GM reveals Corvette EV concept car as it reconfirms commitment to Europe

Business News

An angle view of the new Chevrolet Corvette concept car. GM DETROIT — General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England. The car features a sleek, aerodynamic exterior that resembles a futuristic IMSA race car more than a traditional Corvette, but

GM reveals Corvette EV concept car as it reconfirms commitment to Europe Read More »

Restaurant stocks fall as investors fear recession, sales slowdown

Restaurant stocks fall as investors fear recession, sales slowdown

Business News

Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike Blake Mike Blake | Reuters Restaurant stocks fell in morning trading Monday, fueled by investors’ fears that a recession is coming. U.S. stocks have tumbled for three consecutive days after President Donald Trump shocked the markets with high

Restaurant stocks fall as investors fear recession, sales slowdown Read More »

Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices

Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices

Business News

DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump’s 25% auto tariffs, according to a new analysis from industry experts at Cox Automotive. The automotive data and advisory firm expects the levies to add thousands of Dollars to the costs of new

Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices Read More »

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