Rivian CEO RJ Scaringe stands next to a R2 SUV at an unveiling event in Laguna Beach, California, U.S., March 7, 2024. Mike Blake | ReutersRivian Automotive surprised consumers and next new vehicle will be an all-electric midsize SUV called the R2 that's expected to start around $45,000 when it...
More than 75 employers were taking resumes and talking to prospective new hires at a career fair in Lake Forest, CA on Wednesday, February 21, 2024. Paul Bersebach | Medianews Group | Orange County Register | Getty ImagesLayoff announcements in February hit their highest level for the month since the...
Check out the companies making headlines in midday trading. Victoria's Secret – The intimate apparel retailer shed 36% and headed for its worst day on record after posting mixed fourth-quarter results and disappointing guidance. Victoria's Secret said it anticipates a larger-than-expected decline in revenues for the first quarter and...
A United Airlines 737 Max 8Leslie Josephs | CNBCUnited Airlines will pause pilot hiring this spring because of aircraft deliveries from Boeing, the latest effect of the plane maker's problems with one of its biggest customers.New hire classes will be paused in May and June and will likely resume...
A scene from "Barbie."Courtesy: Warner Bros.If there's one thing Mattel CEO Ynon Kreiz wants shareholders to take away on Thursday, it's the power of Barbie.As the toymaker faces activist pressure from Barington Capital, particularly around its strategy with the Fisher-Price and American Girl brands, it's putting forth Barbie as...
Injection pens of Novo Nordisk's weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023.Victoria Klesty | ReutersCigna on Thursday said it will limit how much health plans and employers spend on weight loss drugs each year in a bid to expand insurance coverage...