A person walks past an unpainted Boeing 737-8 MAX parked at Renton Municipal Airport adjacent to Boeing's factory in Renton, Washington on January 25, 2024. Jason Redmond | AFP | Getty ImagesBoeing is replacing the head of its 737 Max program less than two months after a panel blew out...
Ford Super Duty trucks are seen at the Kentucky Truck assembly plant in Louisville, Kentucky, on April 27, 2023.Joe White | ReutersFord and a United Auto Workers local union, UAW Local 62, reached a tentative deal on Wednesday to avert a strike at the automaker's most profitable plant.The UAW...
Capital One CEO and Chairman, Richard Fairbank.Marvin Joseph| The Washington Post | Getty ImagesCapital One's recently announced $35.3 billion acquisition of Discover Financial isn't just about getting bigger — gaining "scale" in Wall Street speak — it's a bid to protect itself against a rising tide of fintech and...
The latest iteration of the Beyond Burger, made with avocado oil and 20% less sodiumSource: Beyond MeatBeyond Meat is launching a new version of its plant-based burger in grocery stores this spring, betting that an even healthier version of its burgers will lure back consumers.The unveiling Wednesday comes at...
Rafael Henrique | Lightrocket | Getty ImagesSports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls "extreme suppression of competition in the U.S. sports-focused streaming market," according to a copy of the lawsuit obtained by CNBC....
An American Airlines plane sits at the gate at Cancun International Airport on May 26, 2023.Daniel Slim | AFP | Getty ImagesAmerican Airlines has raised the price to check a bag for the first time in more than five years and said it would limit which travel agency bookings...
The company's IM-1 mission lander shortly after launching on Feb. 15, 2024.Intuitive MachinesShares of Intuitive Machines jumped for a third consecutive trading session, surpassing their post-SPAC debut price, as the company's first mission completed further milestones as it approached the moon.Intuitive Machines' stock surged as much as 65% in...
Test tubes are seen in front of a displayed AbbVie logo in this illustration taken on May 21, 2021.Dado Ruvic | ReutersAbbVie on Tuesday said longtime executive Robert Michael will become the company's new CEO, replacing Richard Gonzalez. Michael, who is AbbVie's president and chief operating officer, will become the...
A coalition of unions is laying out its case against Starbucks ahead of a proxy fight at its annual meeting in March, arguing the coffee giant has implemented a "flawed human capital management strategy" in response to a yearslong union movement.The Strategic Organizing Center claims the situation has put...
Customers visit the Macy's Herald Square store in New York City on Dec. 17, 2023.Kena Betancur | Corbis News | Getty ImagesInvestment firm Arkhouse Management has launched a proxy fight at Macy's, nominating a slate of nine directors for election to the department store's board.Macy's on Tuesday confirmed that...