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Klarna, nearing IPO, wins fintech partnership from Affirm
Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm, CNBC has learned.Klarna, which just disclosed its intention to go public in the…
Spirit Airlines CEO says carrier can take on the new Southwest
Spirit Airlines is out of bankruptcy, hitting its target to emerge in the first quarter, after a crippling few years. CEO Ted Christie says the carrier is leaner and ready to take on competitors, including rival Southwest…
Goodbye to ‘bags fly free’ on Southwest Airlines, the last freebie in
Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois.Scott Olson | Getty ImagesAlmost nothing is guaranteed in life. Certainly not weather, electricity, health,…
Delta, Walmart warn about consumer spending amid tariffs, inflation
Shoppers cast shadows as they carry their bags along the waterfront in Portland, Maine, U.S, December 26, 2024. Kevin Lamarque | ReutersIt's not just Walmart.The leaders of companies that serve everyone from penny-pinching grocery…
Ulta Beauty (ULTA) earnings Q4 2024
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising competition and what it called "consumer uncertainty."The retailer, which appointed Kecia Steelman as its new CEO in…
American Eagle (AEO) earnings Q4 2024
American Eagle warned investors on Wednesday that consumers are pulling back on spending and it's seen a "slower start" to the year than it expected. "Entering 2025, the first quarter is off to a slower start than expected, reflecting…
Airline CEOs warn domestic travel demand is slowing
A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023.Stefani Reynolds | AFP | Getty ImagesAirlines are cutting their first-quarter profit and sales…
Delta Air Lines slashes earnings outlook, sending shares down
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.Kent Nishimura | Getty ImagesDelta Air Lines slashed its first-quarter revenue and profit outlooks, citing weaker…
RFK Jr. could further deter childhood vaccinations as U.S. rates fall
Robert F. Kennedy Jr. speaks in the Oval Office of the White House, on the day he is sworn in as secretary of Health and Human Service in Washington, D.C., U.S., Feb. 13, 2025. Nathan Howard | ReutersThe nation's new top health official…
Goodyear Tire transformation plan is moving company into the future
A Goodyear blimp flies Goodyear AKRON, Ohio — Does the Goodyear blimp sell tires?That was one question veteran auto executive Mark Stewart had when he started as CEO of Goodyear Tire & Rubber Co. a little more than a year ago,…