Breaking News: Business Archives | Page 18 Of 141

Swiss sneaker company On raises guidance again, says it won’t offer Black Friday deal

Logo of Swiss shoemaker On is displayed in a shop in Zurich, Switzerland, Aug. 28, 2025. Denis Balibouse | Reuters On raised its full-year guidance for the third quarter in a row on Wednesday after the Swiss sportswear company posted another three months of double-digit growth, bucking a slowdown in the sneaker market. The company, […]

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CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall

Finance News

CoreWeave shares sank 13% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer that hit full-year guidance in its latest earnings report. “Quite frankly, every single part of this quarter went exactly as we planned, except for one delay at a singular data center,” Intrator told CNBC’s “Squawk on the Street” on

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AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo

Finance News

Duolingo, Doordash and Roblox apps Tiffany Heard-Grear | Bloomberg | Getty Images Across the tech sector this earnings season, companies told Wall Street to get ready for ramped up spending as the artificial intelligence boom accelerates. But while investors largely rewarded the megacaps for their boosted capital expenditure forecasts, or just shrugged off their guidance,

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Kia previews next-gen Telluride SUV as ‘new benchmark’ for brand

Business News

DETROIT – Kia on Monday previewed its next-generation Telluride SUV that the company is describing as a “new benchmark for the brand’s design and ambition.” The first-generation Telluride has been a standout success for the South Korean car brand since it launched in 2019, at many times ranking as one of the most highly in-demand

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Private-jet demand is on the rise amid government shutdown, says Flexjet CEO

Business News

A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Demand for flights on private jets has been on the rise during the U.S. government shutdown as commercial air travel headaches have worsened, the CEO

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Flight disruptions from shutdown worsen; Delta, United offer extra pay to crew flights

Business News

Flight timings and cancellations are displayed on the departures board, a month into the ongoing U.S. government shutdown, at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S., November 9, 2025. Annabelle Gordon | Reuters Flight cancellations were again worsening on Monday as air traffic controller shortages worsened by the longest-ever U.S. government shutdown snarled

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Restaurant Brands International to form joint venture for Burger King China to accelerate expansion

Business News

People walk past a Burger King restaurant with Chinese national flags displayed on a street during the National Day Golden Week holiday on October 5, 2024, in Chongqing, China. Cheng Xin | Getty Images Restaurant Brands International on Monday announced that it will form a joint venture with CPE, a Chinese alternative asset manager, to

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Millions more Americans could access obesity drugs after Trump’s deals with Eli Lilly, Novo Nordisk

Business News

US President Donald Trump makes an announcement in the Oval Office of the White House in Washington, DC on Nov. 6, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump on Thursday struck landmark deals with Eli Lilly and Novo Nordisk that could mark a turning point in how many people can access

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Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech

Finance News

Altimeter Capital founder and CEO Brad Gerstner said Friday the recent pullback in technology shares is a healthy correction after a monthslong surge. “The Nasdaq’s gone up 40% off the bottom in April. The market was kind of looking for a reason for a breather,” Gerstner said on CNBC’s ” Money Movers .” “This week,

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Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport

Finance News

Courtesy: Archer Aviation Archer Aviation‘s stock plummeted 12% after a share sale overshadowed a narrower-than-expected third-quarter loss. The company posted a net loss $129.9 million, narrower than the FactSet estimate of a $178.6 million loss. However, Archer disclosed a $650 million stock offering for 81.25 million shares to support its $126 million acquisition of Hawthorne

Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport Read More »

Swiss sneaker company On raises guidance again, says it won’t offer Black Friday deal

CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall

AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo

Kia previews next-gen Telluride SUV as ‘new benchmark’ for brand

Private-jet demand is on the rise amid government shutdown, says Flexjet CEO

Flight disruptions from shutdown worsen; Delta, United offer extra pay to crew flights

Restaurant Brands International to form joint venture for Burger King China to accelerate expansion

Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech

Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport

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