Shein acquires Missguided from Britain's Frasers Group
Shein acquires Missguided from Britain's Frasers Group
Shein has bought British fast fashion brand Missguided from the Frasers Group as the company looks to expand its market share and global reach ahead of a , the Monday. The acquisition will see Shein manufacture Missguided's products and sel...
2023-11-01 09:51:10
<b>McDonald's, Chipotle to raise California menu prices as wages rise</b>
McDonald's, Chipotle to raise California menu prices as wages rise
and will raise their menu prices in California next year to offset the state's minimum wage increase for fast-food workers, executives said as both chains in recent days. McDonald's has not decided how much it will hike prices in California...
2023-11-01 09:51:04
Stellantis union strikes cost $3.2 billion in revenue
Stellantis union strikes cost $3.2 billion in revenue
DETROIT — Labor strikes by the United Auto Workers union cost about $3.2 billion, or 3 billion euros, in lost revenue through October, the company reported Tuesday. That total also includes the effect of strikes by the Canadian union Unif...
2023-11-01 09:50:57
Pfizer (PFE) Q3 earnings report 2023
Pfizer (PFE) Q3 earnings report 2023
Recently acquired drugs also drove revenue. Biohaven Pharmaceuticals' migraine drug Nurtec ODT and Global Blood Therapeutics' sickle cell disease treatment Oxbryta drew in $233 million and $85 million, respectively. The company said revenue...
2023-11-01 09:50:51
JetBlue forecasts ongoing losses, Spirit antitrust trial begins
JetBlue forecasts ongoing losses, Spirit antitrust trial begins
stock tumbled to a nearly 12-year low Tuesday as the company forecast a loss for the fourth quarter and heads to court to its acquisition of budget carrier , a purchase it argues is crucial to its future. Shares fell more than 10% Tuesday t...
2023-11-01 09:50:45
<b>NBA, NHL game broadcasts coming soon to immersive domes</b>
NBA, NHL game broadcasts coming soon to immersive domes
and Cosm, a privately held company that specializes in immersive technology, are about to make "shared reality" a reality for sports fans. Cosm plans to open two venues — a 65,000 square foot building in Los Angeles and a 70,000 square fo...
2023-11-01 09:50:39
<b>UAW: Winners and losers of 2023 talks with GM, Ford, Stellantis</b>
UAW: Winners and losers of 2023 talks with GM, Ford, Stellantis
DETROIT — A between the United Auto Workers and brought an end to contentious negotiations and roughly six weeks of labor strikes against the Detroit automakers. UAW President Shawn Fain heading into the talks, but not many, if anyone, ex...
2023-11-01 09:50:32
Bud Light tries comeback with sports, concerts
Bud Light tries comeback with sports, concerts
said it will concentrate its marketing on sporting and music events as it tries to reverse falling sales of its flagship beer Bud Light in the face of conservative backlash in the U.S. The brewing giant revealed part of its plan to revitali...
2023-11-01 09:50:25
<b>Panera Bread founder Ron Shaich new book criticizes IPOs</b>
Panera Bread founder Ron Shaich new book criticizes IPOs
Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall Street. More than six years after selling the chain for $7.5 billion, Shaich is looking bac...
2023-10-25 21:40:54
Frontier Airlines overhauls frequent flyer program
Frontier Airlines overhauls frequent flyer program
Even for budget carriers, earning elite status is now all about how much you spend. on Tuesday joined larger airlines in announcing an overhaul of its frequent flyer program to reward travelers depending on how much they pay to fly. Frontie...
2023-10-25 21:40:48
General Motors (GM) earnings Q3 2023
General Motors (GM) earnings Q3 2023
The UAW, which had recently escalated its efforts by striking pickup truck plants at Ford and Stellantis, hadn't expanded its strikes at GM since Sept. 29. During the last round of contract bargaining four years ago, a national 40-day UAW s...
2023-10-25 21:40:40
Nikola NKLA Trevor Milton damages
Nikola NKLA Trevor Milton damages
Shares of electric truck maker traded higher Tuesday after the company said in a regulatory that its disgraced founder, Trevor Milton, has been ordered to pay the company about $165 million in damages. Shares closed up about 9%, trading at...
2023-10-25 21:40:33
Knicks sign jersey patch deal with James Dolan's Sphere Entertainment
Knicks sign jersey patch deal with James Dolan's Sphere Entertainment
The National Basketball Association's New York Knicks are keeping it in the family for their next jersey patch sponsor. Sports announced Tuesday that will become the NBA team's official jersey patch partner for the 2023-24 season. The patch...
2023-10-25 21:40:27
ULA CEO: Inaugural Vulcan rocket launch slated for Christmas Eve
ULA CEO: Inaugural Vulcan rocket launch slated for Christmas Eve
Vulcan's first mission will carry a commercial lunar lander built by Astrobotic and a payload for Celestis. The latter will contain the ashes of people who wanted to be buried in space as part of a memorial service. Previously, ULA intended...
2023-10-25 21:40:20
Spotify (SPOT) earnings Q3 2023
Spotify (SPOT) earnings Q3 2023
In this article shares closed 10% higher on Tuesday after the company reported a surprise profit for the third quarter — its first quarterly profit in a year and a half — as price increases and cost-cutting measures took hold. The compa...
2023-10-25 21:40:14