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Bussiness

Shares of Temu parent company PDD plunge almost 29%; ‘too large a correction’, says analyst

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Jakub Porzycki | Nurphoto | Getty ImagesThe nearly 30% drop in shares of Chinese online retailer PDD Holdings is "too much of a correction,"...
Bussiness

Mavericks, Pelicans games are leaving their local sports networks ahead of NBA season

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The NBA logo before the game between the Detroit Pistons and Charlotte Hornets at Little Caesars Arena in Detroit on March 11, 2024.Nic Antaya...
Bussiness

Delta chief operations officer departing for another company after just over a year on the job

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Delta Air Lines planes sit parked at Hartsfield-Jackson Atlanta International Airport in Atlanta on June 28, 2024.Andrew Harnik | Getty ImagesDelta Air Lines' chief...
Bussiness

GM lays off more than 1,000 salaried software and services employees

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A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. - General Motors will create 4,000 new jobs...
Sports

Judge temporarily blocks sports streaming service Venu, siding with Fubo on antitrust concerns

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A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game...
Jobs

Big Tech: too big to split

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailAfter losing a landmark antitrust case over its dominance in the search...
Shopping

These 3 retail stocks are set up to win this back-to-school shopping season

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Backpacks, Stanley water bottles and No. 2 pencils. This year's back-to-school must-haves are a mix of the new and the (very) old. But the...
Bussiness

Ford upgrades Lincoln Navigator to include spa mode, 48-inch display for videos and gaming

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2025 Lincoln NavigatorLincoln Ford Motor is updating its Lincoln Navigator to include a 48-inch front display that can be used as a "sanctuary" for spa...
Bussiness

Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

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Restaurants Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol.CNBC (L) | Getty Images (R)Starbucks announced Tuesday it's replacing CEO Laxman Narasimhan with...
Shopping

Apartments, hockey rinks and Amazon warehouses: Macy’s closures will set off a wave of change at shopping malls

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A customer enters a Macy's store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Justin Sullivan...
Bussiness

Under Armour shares surge 20% after posting ‘better than feared’ quarterly sales

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Under Armour on Thursday said sales are falling across its business, but the athletic apparel retailer posted better fiscal first-quarter results than feared, sending...
Bussiness

Boeing expects to burn cash again in third quarter after wider-than-expected loss

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Boeing on Wednesday said it will continue to burn cash this quarter and reported a wider quarterly loss and weaker revenue than analysts expected...
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