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McDonald’s to close three CosMc’s locations — and open two more

McDonald’s to close three CosMc’s locations — and open two more

A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s, in Bolingbrook, Illinois, on Dec. 11, 2023. Scott Olson | Getty Images McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago in […]

McDonald’s to close three CosMc’s locations — and open two more Read More »

Nordstrom raises sales outlook after holiday season was better than feared

Nordstrom raises sales outlook after holiday season was better than feared

Shoppers walk into a Nordstrom department store in Austin, Texas, March 3, 2023. Brandon Bell | Getty Images Nordstrom on Friday raised its full-year sales outlook, after holiday shopping at its stores and on its website came in stronger than the department store’s cautious expectations. The company stuck by its profit guidance, despite the higher

Nordstrom raises sales outlook after holiday season was better than feared Read More »

Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation at Atlanta

Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation at Atlanta

Snow blankets the Hartsfield-Jackson Atlanta International Airport as a winter storm moves into the area on Jan. 10, 2025. Joe Raedle | Getty Images Airlines canceled more than 3,000 flights on Friday as a massive winter storm snarled travel across the Southern U.S., while more than 3,000 others were delayed. Operations were further disrupted after

Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation at Atlanta Read More »

Stellantis aims to reverse years-long declines in U.S. sales and market share in 2025

Stellantis aims to reverse years-long declines in U.S. sales and market share in 2025

Stellantis North America COO and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California, November 21, 2024.  Etienne Laurent | AFP | Getty Images DETROIT – Stellantis’ top priority for the U.S. this year is to grow its

Stellantis aims to reverse years-long declines in U.S. sales and market share in 2025 Read More »

Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming service

Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming service

An advertisement for Venu Sports, the sports streaming venture by Disney, Warner Bros. Discovery and Fox, hangs at the Fanatics Fest event in New York City on Aug. 16, 2024. Jessica Golden | CNBC Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service Venu, the companies said in

Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming service Read More »

Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in our history’

Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in our history’

Ed Bastian, CEO of Delta Airlines, speaking on CNBC’s Power Lunch on Dec. 17th, 2024. Adam Jeffery | CNBC Delta Air Lines‘ first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start the year, which CEO Ed Bastian said will likely be the carrier’s best ever. Delta said it

Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in our history’ Read More »

VW’s Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share

VW’s Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share

Scout Terra pickup truck and Scout Traveler SUV concepts Scout LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume. Volkswagen revived Scout, which was an American brand from 1961 to 1980, and revealed production-intent vehicles of its Terra pickup truck

VW’s Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share Read More »

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