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American Airlines shares tumble as outlook falls short

American Airlines shares tumble as outlook falls short

An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California.  Kevin Carter | Getty Images American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 10%. The carrier forecast an adjusted loss per share […]

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Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump

Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump

Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024. Massimo Pinca | Reuters DETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the Transatlantic automaker has for U.S. investments when meeting with President Donald Trump

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Retail crime ‘queenpin’ to pay millions in restitution to Ulta, other retailers for theft ring

Retail crime ‘queenpin’ to pay millions in restitution to Ulta, other retailers for theft ring

The California mom who pleaded guilty to running an organized retail crime ring that stole millions of Dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to pay those retailers back as part of her sentence. Michelle Mack, who began her five-year prison sentence on Jan. 9 following

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United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024

United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024

A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey.  Gary Hershorn | Corbis News | Getty Images United Airlines forecast first-quarter earnings that surpassed analysts’ estimates

United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024 Read More »

Procter & Gamble earnings beat estimates as shoppers buy more household staples

Procter & Gamble earnings beat estimates as shoppers buy more household staples

Pepto Bismol made by Procter & Gamble is displayed on a grocery store shelf on July 28, 2023 in Greenbrae, California.  Justin Sullivan | Getty Images Procter & Gamble on Wednesday reported quarterly earnings and revenue that beat analysts’ expectations, thanks to growing demand for household staples like toilet paper and laundry products. Shares of the company rose

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Netflix to hike prices on standard and ad-supported streaming plans

Netflix to hike prices on standard and ad-supported streaming plans

The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the Flora. Rolf Vennenbernd | Picture Alliance | Getty Images Netflix is hiking the price of most of its plans in the U.S. The streaming giant announced on Tuesday that its standard plan without commercials will

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Netflix shares soar as company reports surging revenue, tops 300 million subscribers

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

Nurphoto | Nurphoto | Getty Images Shares of Netflix soared more than 10% after the company posted earnings that beat on the top and bottom line after the closing bell Tuesday. The company surpassed 300 million paid memberships, a record addition of 19 million subscribers. The company said the growth was driven by its content

Netflix shares soar as company reports surging revenue, tops 300 million subscribers Read More »

Here are the products and companies most at risk from Trump’s tariff plans

Here are the products and companies most at risk from Trump’s tariff plans

Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois.  Scott Olson | Getty Images Many of the items that U.S. shoppers browse and buy in retailers’ aisles come from far-away factories or farms — a reality that could soon force many consumers to change their buying habits. Sneakers, T-shirts,

Here are the products and companies most at risk from Trump’s tariff plans Read More »

Ozempic is in the next round of Medicare drug price negotiations. See the full list of 15 medications

Ozempic is in the next round of Medicare drug price negotiations. See the full list of 15 medications

A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023.  George Frey | Reuters The Biden administration on Friday unveiled the next 15 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off the second phase of a landmark process that aims

Ozempic is in the next round of Medicare drug price negotiations. See the full list of 15 medications Read More »

Why 2025 is set to be a crucial year for Amazon’s Zoox robotaxi unit

Why 2025 is set to be a crucial year for Amazon’s Zoox robotaxi unit

A Zoox robotaxi sits outside the company’s large office and warehouse in Las Vegas. Michael Wayland / CNBC LAS VEGAS — This year is expected to be a crucial one for Amazon’s autonomous vehicle unit Zoox, as the company plans to grow its operations and commercialize its robotaxi business. Zoox is aiming to begin offering

Why 2025 is set to be a crucial year for Amazon’s Zoox robotaxi unit Read More »

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