Business

The Hamburg flag flies in front of Hapag-Lloyd containers on the Hapag-Lloyd containership “Berlin Express” at Burchardkai in the Port of Hamburg. Marcus Brandt | Picture Alliance | Getty Images Two shipping giants, Hapag-Lloyd and Maersk, are pausing their travel through the Red Sea and the Bab el-Mandeb Strait in the Middle East following a

In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT Angel Di Bilio | iStock Editorial | Getty Images Delta Air Lines is adding more flights next year at Austin-Bergstrom International Airport, in a bid to gain market share in one of the country’s fastest-growing airports. The carrier plans to add 11 nonstop flights from

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Sydney Boyo DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing in such growth areas in 2016. Cruise, its majority-owned autonomous vehicle subsidiary, is

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines CEO Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange on Dec. 9, 2021. Brendan McDermid | Reuters With the peak Christmas travel season just days away, Southwest Airlines‘ CEO vowed that the carrier will not have

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Timothee Chalamet stars as a young Willy Wonka in Warner Bros.’ “Wonka.” Warner Bros. Discovery A younger, sweeter Willy Wonka enters theaters this weekend. Oh, and he does a lot more singing. Expectations are high that “Wonka” will deliver families to theaters, as the film

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, on Thursday, March 30, 2023. Marco Bello | Bloomberg | Getty Images Trian Fund Management on Thursday announced it was nominating its

In this article VRTX Follow your favorite stocksCREATE FREE ACCOUNT A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston on Oct. 23, 2019. Brian Snyder | Reuters Shares of Vertex Pharmaceuticals jumped Wednesday after the company’s painkiller, which is being tested as an alternative to opioids, significantly decreased pain in

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 18, 2023.  Joe Skipper | Reuters The valuation of Elon Musk’s SpaceX hit $180 billion based on an ongoing secondary share sale, CNBC confirmed Wednesday. The company is discussing

In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street’s expectations, as it sees weak demand for its once-blockbuster Covid products.  Pfizer also raised the target of its sweeping cost-cutting plan by $500 million, bringing the anticipated total to

A Blue Origin New Shepard rocket lifts off with a crew of six, including Laura Shepard Churchley, the daughter of the first American in space Alan Shepard, for whom the spacecraft is named, from Launch Site One in west Texas, U.S. December 11, 2021. Joe Skipper | Reuters Jeff Bezos’ Blue Origin is preparing to