2024 Ford MustangSource: FordDETROIT — Ford Motor sees opportunity to grow Mustang sales as it becomes the last American muscle car with a traditional V8 engine, playing to generations of gearheads who've been drawn to the performance vehicles.The optimism comes after Mustang's closest American competitors ended production of their...
The Food and Drug Administration on Tuesday approved a drug from Merck designed to treat a progressive and life-threatening lung condition in a win for both the drugmaker and for patients suffering from the rare disease.The agency greenlighted the therapy, which will be marketed as Winrevair, for adults with...
Genesis Neolun ConceptGenesisNEW YORK – Hyundai's Genesis is previewing the future of the growingly prominent luxury brand with a new large all-electric concept vehicle called the Neolun.The full-size SUV features a sleek exterior design illuminated by long horizontal headlights and taillights reminiscent of the brand's current EVs, though more...
Canada Goose parkas hang on display at a store in Richmond Hill, Ontario.Chris So | Toronto Star | Getty ImagesCanada Goose said Tuesday that it will cut about 17% of its corporate workforce, following a string of other retailers that have laid off employees this year as consumers continue...
Alexey Krukovsky | Istock | Getty ImagesViking Therapeutics shares jumped more than 25% on Tuesday after the company said its experimental weight loss pill showed positive results in a small study and will enter the next stage of development later this year.The study results add to the excitement around...
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019.Lindsey Wasson | ReutersHelp wanted at Boeing.CEO Dave Calhoun on Monday announced he is stepping down from the aerospace giant's top post at year's end as the...
McDonald's is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday.The rollout will start in the second half of this year, but it will take roughly two and a half years as Krispy Kreme more than doubles its distribution...
Luxury vacation home co-ownership platform Pacaso is attempting to appeal to the masses, as it grows its business during a pricey and competitive phase of the housing market.The company, which launched in 2020 with multimillion-dollar homes listed for co-ownership, is now introducing thousands more listings with share prices starting...
Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, US, on Thursday, March 30, 2023.Marco Bello | Bloomberg | Getty ImagesNelson Peltz's Trian Fund Management withheld its votes from Walt Disney CEO Bob Iger when...
Boeing CEO Dave Calhoun speaks to reporters as he departs from a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Anna Moneymaker | Getty ImagesBoeing CEO Dave Calhoun will step down at the end of 2024 in part of a...