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General Motors (GM) earnings Q2 2024
DETROIT — General Motors is raising several key financial targets for 2024 after easily beating Wall Street's earnings expectations for the second quarter, while it restructures money-losing operations such as autonomous vehicles and its…
McDonald’s to extend $5 value meal in most markets
In an aerial view, a customer walks by a sign as they leave a McDonald's restaurant in San Pablo, California, on April 3, 2023.Justin Sullivan | Getty ImagesMcDonald's will extend its $5 value meal beyond its initial four-week window in…
With media in upheaval, Netflix stays out of the fray
A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesNetflix's second-quarter earnings report contained no bombshells, and that's just fine for the company and its…
Elliott has Starbucks stake, in talks with management: WSJ
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesElliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to find ways to improve the company's share price,…
Michelle Mack, retail crime ‘queenpin,’ faces prison, restitution
Michelle Mack is taken into custody, Dec. 6, 2023.CNBCThe ringleader of a nationwide organized retail crime operation that targeted Ulta Beauty and other major retailers is facing more than five years in a California state…
United (UAL) earnings Q2 2024
United Airlines planes at Denver International Airport.Leslie Josephs | CNBCUnited Airlines' second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier's results, but its…
Spirit Airlines issues second-quarter loss warning
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines said Tuesday it would post a…
New Balance, WNBA sign multiyear partnership
Cameron Brink #22 of the Los Angeles Sparks plays defense against Bridget Carleton #6 of the Minnesota Lynx on June 5, 2024 at Crypto.com Arena in Los Angeles, California. Juan Ocampo | National Basketball Association | Getty ImagesNew…
Trump assassination attempt: Wall Street CEOs react
The leaders of Wall Street's most powerful firms are speaking out to condemn the attempted assassination of former President Donald Trump at a Pennsylvania rally over the weekend.JPMorgan Chase CEO Jamie Dimon told employees Sunday that…
FanDuel, DraftKings prepare for gambling rise
The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics.Sopa Images | Lightrocket | Getty ImagesSportsbooks and daily fantasy operators are…