Tag: Business

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

Boeing’s shares surged 4% in premarket trading after reaching a deal with a union representing its factory workers, potentially avoiding a costly strike. MarineMax also saw a 6% jump in

DirecTV has reached a deal with Disney to bring back Disney’s ESPN and other channels to its customers after a two-week blackout. The agreement comes just in time for college

Pfizer announced positive results from a midstage trial of its experimental drug for cancer cachexia, a condition that causes cancer patients to lose weight and appetite. The drug, ponsegromab, showed

Moderna announced plans to slash $1.1 billion in expenses by 2027 and introduce new products following a decline in its Covid business. The biotech company aims for 10 new product

Avocado producer Mission Produce saw a 21.6% surge in premarket trading after reporting a 24% jump in revenue for the fiscal third quarter. Rival Calavo Growers also experienced a 6.5%

Boeing workers are currently voting on a new labor contract that could potentially lead to a strike, risking the struggling plane-maker’s recovery, according to the company’s CEO. The tentative agreement,

Ford Motor’s Ford Pro commercial and fleet business will see a change in leadership at the end of this month. After 35 years with the company, CEO Ted Cannis will