Salesman Walter Silva (R) helps Alexis Lechanet shop for a Ford vehicle at Metro Ford on May 6, 2025 in Miami, Florida. Joe Raedle | Getty Images DETROIT — Ford Motor on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an employee pricing program amid rising tariff costs and […]
Ford reports 16% sales increase in May amid employee pricing, tariffs Read More »
An Alaska Airlines plane and a Hawaiian Airlines plane at Los Angeles International Airport in Los Angeles on Dec. 5, 2023. Eric Thayer | Bloomberg | Getty Images Alaska Airlines plans to start its first flights to Europe next year with nonstop service to Rome from Seattle. The Seattle-based carrier’s new route is enabled by
Alaska Airlines to make Europe debut with Rome flights next year Read More »
Private equity firm Roark Capital has bought a majority stake in Dave’s Hot Chicken, the company announced on Monday. Financial terms were not disclosed, but Dave’s CEO Bill Phelps said on CNBC’s “Squawk Box” that the reported $1 billion valuation for the deal is “pretty close.” Since its founding in a Los Angeles parking lot
Vcg | Visual China Group | Getty Images Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia-backed CoreWeave climbed more than 7% following the announcement. Financial terms of the two agreements were not provided, but Applied Digital said
Applied Digital shares rip 40% higher on CoreWeave AI lease agreement Read More »
Byron Allen, founder, chairman and CEO of Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | Afp | Getty Images Byron Allen is putting his broadcast TV stations up for sale. Allen Media Group said on Monday it has retained investment bank
Byron Allen puts broadcast TV stations up for sale Read More »
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. Vincent Alban | Reuters Consumers who hoped tariffs would not
Here are the retailers raising prices as Trump tariffs take hold Read More »
American Airlines new business-class suite. American Airlines DALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin. Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature
Caviar and privacy: Airlines’ business-class wars are here Read More »
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025. Jay L Clendenin | Getty Images Costco on Thursday posted quarterly earnings and revenue that topped estimates as its sales climbed 8%. Here’s how the warehouse club retailer did in its fiscal third quarter compared with what Wall
Costco tops earnings and revenue estimates as sales jump 8% Read More »
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | Reuters Gap said new tariffs could impact its business by $100 million to $150 million, if they remain in effect, the company said Thursday when announcing fiscal first-quarter earnings. Shares fell more than 15% in after-hours trading.
Gap shares plummet as retailer says tariffs could cost between $100 and $150 million Read More »
A shopper walks past the American clothing and accessories retailer American Eagle store in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer merchandise, following the retailer pulling its full-year guidance earlier this month due
American Eagle issues downbeat quarterly guidance as earnings miss expectations Read More »
