Tag: Breaking News: Business

Billionaire investor Steve Cohen is stepping back from active trading at his hedge fund Point72. The influential hedge fund manager, also known as the majority owner of the New York

Alaska Airlines and Hawaiian Airlines have received approval for their $1.9 billion merger from the U.S. Department of Transportation. The merger agreement, which had previously cleared the U.S. Justice Department’s

SpaceX has significantly increased its backlog of Starlink in-flight Wi-Fi orders following a recent deal with United Airlines. Nick Galano, SpaceX director of Starlink aviation sales and partnerships, announced that

Boeing has announced significant cost-cutting measures in response to a strike by over 30,000 factory workers. The company will implement a hiring freeze, halt nonessential staff travel, and reduce supplier

In a federal courtroom in New York City, renowned fashion designer Michael Kors addressed the challenges of maintaining relevance in a volatile industry where trends can drastically impact brands. Kors,

The United Auto Workers (UAW) union filed federal unfair labor practice charges against Stellantis for allegedly breaching contract terms and attempting to shift production of the Dodge Durango outside the

Charter Communications CEO Chris Winfrey aims to enhance the company’s reputation for reliability and credibility among customers. In an effort to achieve this goal, Charter has introduced new bundles and

Starbucks’ new CEO, Brian Niccol, is focusing on improving the chain’s U.S. business before addressing issues abroad. In an open letter, Niccol acknowledged that Starbucks needs to enhance the barista

General Motors and Hyundai Motor Group have signed an agreement to explore future collaboration across key strategic areas. The goal is to reduce capital spending and increase efficiencies by potentially

SpaceX successfully completed its first spacewalk, marking a historic milestone for the private company. The spacewalk was part of the Polaris Dawn mission, where civilians Jared Isaacman and Sarah Gillis