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Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says

Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says

Business News

Spirit Airlines is out of bankruptcy, hitting its target to emerge in the first quarter, after a crippling few years. CEO Ted Christie says the carrier is leaner and ready to take on competitors, including rival Southwest Airlines. Earlier this week, Southwest shocked customers by announcing it will start charging for checked bags for the […]

Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says Read More »

Nvidia’s next chips are named after Vera Rubin, the scientist who discovered dark matter

Nvidia’s next chips are named after Vera Rubin, the scientist who discovered dark matter

Finance News

Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Nvidia CEO Jensen Huang is expected to reveal details about Rubin, the chipmaker’s next AI graphics processor, on Tuesday at the company’s

Nvidia’s next chips are named after Vera Rubin, the scientist who discovered dark matter Read More »

Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results

Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results

Technology News

Shantanu Narayen, Chairman and CEO of Adobe Systems addresses the gathering on the first day of the three-day B20 Summit in New Delhi on August 25, 2023. Sajjad Hussain | AFP | Getty Images Adobe shares dropped 13% following the company’s quarterly earnings report, as investors fretted over lingering growth concerns and the software maker’s

Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results Read More »

White House pulls Trump’s nomination for CDC director hours before confirmation hearing

White House pulls Trump’s nomination for CDC director hours before confirmation hearing

Business News

Former Congressman Dave Weldon addresses a small crowd in The Villages, Fla. Brendan Farrington | AP The White House has pulled President Donald Trump’s nominee to lead the Centers for Disease Control and Prevention, former Rep. Dave Weldon, the Senate’s Health committee confirmed Thursday. The move came just hours before the former Florida lawmaker, a

White House pulls Trump’s nomination for CDC director hours before confirmation hearing Read More »

Women’s sports firm Monarch Collective ups fund size to 0 million

Women’s sports firm Monarch Collective ups fund size to $250 million

Business News

Billionaire-backed investment firm Monarch Collective has expanded the size of its fund in light of the continued surge in popularity of women’s sports. The fund, which launched in 2023 is expanding from $150 million to $250 million, with most of the additional capital coming from existing investors, which include Melina French Gates’ Pivotal Ventures, Hello

Women’s sports firm Monarch Collective ups fund size to $250 million Read More »

Dollar General store review and closures dent fourth-quarter earnings

Dollar General store review and closures dent fourth-quarter earnings

Business News

A Dollar General store in Germantown, New York, on Nov. 30, 2023. Angus Mordant/Bloomberg via Getty Images Dollar General on Thursday reported fiscal fourth-quarter revenue that narrowly beat Wall Street estimates, while a store portfolio review cut into the chain’s profit. As part of the reevaluation, the dollar-store chain said it will close 96 Dollar General stores

Dollar General store review and closures dent fourth-quarter earnings Read More »

American Eagle says consumer is slowing down, issues weak guidance

American Eagle says consumer is slowing down, issues weak guidance

Business News

American clothing and accessories retailer American Eagle store seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images American Eagle warned investors on Wednesday that consumers are pulling back on spending and it’s seen a “slower start” to the year than it expected.  “Entering 2025, the first quarter is off to a slower start

American Eagle says consumer is slowing down, issues weak guidance Read More »

RFK Jr. pressures Big Food to remove artificial dyes in meeting with CEOs

RFK Jr. pressures Big Food to remove artificial dyes in meeting with CEOs

Business News

Robert F. Kennedy Jr., U.S. President Donald Trump’s nominee for Secretary of Health and Human Services testifies during his Senate Finance Committee confirmation hearing at the Dirksen Senate Office Building on January 29, 2025 in Washington, DC.  Win Mcnamee | Getty Images News | Getty Images Health and Human Services Secretary Robert F. Kennedy Jr.

RFK Jr. pressures Big Food to remove artificial dyes in meeting with CEOs Read More »

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