Business

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Activist investor Nelson Peltz. David A. Grogan | CNBC Disney and its investors are going to start hearing a lot from activist investor Nelson Peltz. In the coming weeks, Peltz’s Trian Fund Management plans to post on X, formerly known as Twitter, and add content

In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT Last year was Denver International Airport’s busiest on record. While airline stocks have yet to fully recover to pre-pandemic levels, passengers have returned in droves — and millions of them are flying through the Colorado hub. “We will end 2023 much higher than our forecast

In this article W Follow your favorite stocksCREATE FREE ACCOUNT Wayfair IPO on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to trim down its structure, cut out layers of management and reduce costs

In this article JBLU SAVE Follow your favorite stocksCREATE FREE ACCOUNT Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Nov. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images JetBlue Airways and Spirit Airlines on Friday said they are appealing a federal judge’s ruling earlier this week that

In this article SAVE Follow your favorite stocksCREATE FREE ACCOUNT Spirit Airlines jetliners on the tarmac at Fort Lauderdale Hollywood International Airport. (Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via Getty Images) Joe Cavaretta | South Florida Sun-sentinel | Getty Images Spirit Airlines on Friday raised its financial forecast for the fourth quarter of 2023,

In this article PEP WEN Follow your favorite stocksCREATE FREE ACCOUNT A “Now hiring” sign is displayed outside of a Wendy’s in Miami, Florida, on Oct. 8, 2021. Joe Raedle | Getty Images Wendy’s has tapped PepsiCo veteran Kirk Tanner as its new chief executive, effective Feb. 5, as the burger chain tries to boost

In this article M Follow your favorite stocksCREATE FREE ACCOUNT People cross the street outside Macy’s Herald Square store on December 17, 2023 in New York City.  Kena Betancur | Corbis News | Getty Images Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations

In this article SAVE JBLU Follow your favorite stocksCREATE FREE ACCOUNT JetBlue Airways planes are seen near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on May 16, 2022. Joe Raedle | Getty Images News | Getty Images Shares of Spirit Airlines fell about 22% Wednesday, the stock’s second day

Clothes at the Shein headquarters in Singapore on June 19, 2023. Ore Huiying | Bloomberg | Getty Images China’s powerful internet regulator is conducting a security review of Shein as the fast-fashion giant gears up for its highly anticipated U.S. initial public offering, CNBC has learned.  The Cyberspace Administration of China is reviewing Shein’s supply

In this article VKTX Follow your favorite stocksCREATE FREE ACCOUNT Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used with a weight loss plan and physical activity.  Michael Siluk | UCG | Getty Images Drugmakers have been scrambling to join a two-horse race to

In this article ALK BA Follow your favorite stocksCREATE FREE ACCOUNT Alaska Airlines N704AL is seen grounded in a hangar at Portland International Airport in Portland, Oregon, on Jan. 9, 2024. Mathieu Lewis-rolland | Getty Images Boeing on Tuesday appointed retired Admiral Kirkland Donald to serve as a special advisor while the company grapples with

In this article LHX LMT Follow your favorite stocksCREATE FREE ACCOUNT Lockheed Martin’s Tranche 0 Transport Layer satellites are seen in one of the company’s processing facilities. Lockheed Martin The Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris, Lockheed Martin and Sierra Space to build satellites for an expanding military

In this article JBLU SAVE Follow your favorite stocksCREATE FREE ACCOUNT LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC A federal judge Tuesday blocked JetBlue Airways‘ purchase of Spirit Airlines after the Justice Department sued to stop the merger, saying the deal would drive up fares

In this article QSR-CA QSR TAST Follow your favorite stocksCREATE FREE ACCOUNT Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International is buying Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for about $1 billion in cash. Restaurant Brands will

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT — Monday marks 10 years of Mary Barra’s tenure as CEO of General Motors, ushering in a crucial year for the Detroit automaker and for her legacy.

In this article PFE ADCT Follow your favorite stocksCREATE FREE ACCOUNT Medical personnel use a mammogram to examine a woman’s breast for breast cancer. Hannibal Hanschke | dpa | Picture Alliance | Getty Images SAN FRANCISCO — An established but promising group of cancer drugs was a red-hot market in 2023, and more companies could

In this article ALK Follow your favorite stocksCREATE FREE ACCOUNT A display showing the ‘fasten your seatbelt’ sign and the ‘no smoking’ sign illuminated on board an aircraft. Jeff Overs | BBC News & Current Affairs | Getty Images You trudge down the aisle to your seat. You double- and triple-check that you’ve arrived at

In this article MNTS Follow your favorite stocksCREATE FREE ACCOUNT An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial lifeline. Momentus, once valued at

Erno Rubik, inventor of the Rubik’s Cube, holds one of the cubes at the International Toy Fair in Nuremberg, Germany, Jan. 29, 2020. Picture Alliance | Getty Images It took a month of twisting and turning for the first person to solve a Rubik’s Cube. That person was Erno Rubik, now 79, the iconic puzzle

In this article ALK UAL BA Follow your favorite stocksCREATE FREE ACCOUNT An Embraer E175LR passengers aircraft of American Eagles airlines (C) taxxing before take-off to Pittsburg is seen at La Guardia Airport on January 9, 2024. Charly Triballeau | Afp | Getty Images Airlines canceled about 2,000 U.S. flights Friday as they grapple with