Business

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

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 and add content to its website RestoreTheMagic.com as a crescendo to launching a dense white paper explaining its case

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 JBLU SAVE Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines is on shaky footing after JetBlue Airways‘ proposed $3.8 billion takeover

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17yth, 2024. Adam Galici | CNBC JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over

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 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 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 blocked JetBlue Airways‘ purchase of budget rival Spirit Airlines after the Justice Department sued to stop the merger, alleging it would drive up fares

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 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