Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 05, 2024 in Chicago, Illinois.Scott Olson | Getty ImagesFord sales rose 1% during the second quarter over the year-earlier period, led by a 5% gain in truck sales, the automaker said Wednesday.Ford truck sales,...
A sign is posted on the exterior of a Red Lobster restaurant on April 17, 2024 in Rohnert Park, California. Justin Sullivan | Getty ImagesRed Lobster has filed for bankruptcy, continuing the process to shrink its footprint and find a buyer, the company said in a statement.CNBC reported last month...
Omar Marques | Lightrocket | Getty ImagesComcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying together Peacock, Netflix and Apple TV+ at a discounted rate.The announcement, made Tuesday at the MoffettNathanson media conference in New York, comes as major media players...
Kevin Plank, now former CEO of Under Armour, during a CNBC interview on Mad Money on Feb. 28th, 2018.Scott Mlyn | CNBCUnder Armour announced Wednesday CEO Stephanie Linnartz is stepping down from her role just over a year after she started and founder Kevin Plank will return as the...
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016.Heidi Gutman | CNBCActivist investor Carl Icahn on Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue spiked more than 15% in extended trading. Icahn...
Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. Thilo Schmuelgen | ReutersParamount CEO Bob Bakish announced layoffs at the media company Thursday, citing a need to "operate as a leaner company and spend less.""Our priority...
Robin Hayes, chief executive officer of JetBlue Airways Corp., during an interview in New York, on Friday, Feb. 17, 2023.Christopher Goodney | Bloomberg | Getty ImagesJetBlue CEO Robin Hayes will step down next month, the company announced Monday. The airline's chief operating officer, Joanna Geraghty, will take the helm....
Singapore's F1 Grand Prix in 2022. 2022.Bryn Lennon - Formula 1 | Formula 1 | Getty ImagesTake an elite field of world-class racing experts. Ask them to spend fewer dollars toward beating their bitter rivals. The result, it turns out, is a slate of newly investable assets.That's how the...
The SpaceX Starship lifts off from the launchpad during a flight test from Starbase in Boca Chica, Texas, on April 20, 2023. Patrick T. Fallon | Afp | Getty ImagesThe Federal Aviation Administration has cleared Elon Musk's SpaceX to launch the second spaceflight attempt of its towering Starship rocket, the...