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Tesla risks losing CEO Musk if  trillion pay package isn’t approved, board chair says

Tesla risks losing CEO Musk if $1 trillion pay package isn’t approved, board chair says

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla Board Chair Robyn Denholm, in a letter Monday, asked shareholders to vote for CEO Elon Musk’s nearly $1 trillion pay package ahead of the company’s annual meeting. Denholm said Musk was key to […]

Tesla risks losing CEO Musk if $1 trillion pay package isn’t approved, board chair says Read More »

American Airlines is arriving late to the luxury travel boom. Can it catch up?

American Airlines is arriving late to the luxury travel boom. Can it catch up?

An American Airlines Airbus A321 taxis at San Diego International Airport as a United Airlines airplane departs on August 24, 2024 in San Diego, California. Kevin Carter | Getty Images News | Getty Images FORT WORTH, Texas — American Airlines started pouring customers Champagne Bollinger in its top-tier lounges and cabins this fall. But at

American Airlines is arriving late to the luxury travel boom. Can it catch up? Read More »

Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth

Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth

Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023.  Jakub Porzycki | Nurphoto | Getty Images Shares of footwear maker Deckers Brands plunged 15% Friday after the company trimmed its sales guidance for Hoka and Ugg — the two brands driving its growth — over concerns that tariffs are leading to

Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth Read More »

With two months to Christmas, here’s what retail leaders expect for holiday shopping

With two months to Christmas, here’s what retail leaders expect for holiday shopping

There’s just two months until Christmas Eve, and retailers are meeting a more cautious shopper with earlier offerings. Most retailers won’t report third-quarter results or updated holiday expectations until just before Thanksgiving, largely considered the sector’s most important week of the year. By then, many shoppers will have already started checking off holiday shopping lists.

With two months to Christmas, here’s what retail leaders expect for holiday shopping Read More »

GM lays off more than 200 salaried workers in latest round of job cuts

GM lays off more than 200 salaried workers in latest round of job cuts

The headquaters of US auto company General Motos (GM) in Detroit, Michigan. Uli Deck | Picture Alliance | Getty Images DETROIT – General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits. The impacted employees were largely Computer-Aided Design, or

GM lays off more than 200 salaried workers in latest round of job cuts Read More »

Taco Bell tries to woo younger customers with Live Más Café’s flashy beverages

Taco Bell tries to woo younger customers with Live Más Café’s flashy beverages

IRVINE, Calif. — Taco Bell is going all in on beverages, starting with its Live Más Café concept. The Yum Brands chain unveiled the drink-focused store format last December, with the first location in Chula Vista, California. Ten months later came the second location, near the University of California, Irvine, campus. By the end of

Taco Bell tries to woo younger customers with Live Más Café’s flashy beverages Read More »

Procter & Gamble beats earnings estimates but warns of higher costs from tariffs

Procter & Gamble beats earnings estimates but warns of higher costs from tariffs

Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Procter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products. However, the

Procter & Gamble beats earnings estimates but warns of higher costs from tariffs Read More »

Former Knicks star Carmelo Anthony says gambling puts pressure on athletes

Former Knicks star Carmelo Anthony says gambling puts pressure on athletes

Hall of Fame basketball player Carmelo Anthony said Thursday, in the wake of bombshell indictments detailing illegal NBA betting, that the rapid rise of sports gambling is putting growing pressure on today’s athletes. Speaking with CNBC Sport, the former New York Knicks star said the betting culture “mentally affects” players. “They may say they don’t

Former Knicks star Carmelo Anthony says gambling puts pressure on athletes Read More »

Disney warns ESPN, other networks may go out on YouTube TV at the end of the month

Disney warns ESPN, other networks may go out on YouTube TV at the end of the month

ESPN and YouTube TV. David Buono | Icon Sportswire | Jaque Silva | NurPhoto | Getty Images Just a month after reaching an agreement with NBCUniversal to avoid dropping its networks, YouTube TV has another potential blackout on its hands — this time with Disney. Disney said Thursday it would begin running public messages for

Disney warns ESPN, other networks may go out on YouTube TV at the end of the month Read More »

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