Tag: Breaking News: Business
GM lays off 1,000 employees amid reorganization, cost-cutting
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersDETROIT –...
Disney earnings offer hope that streaming can successfully supplant linear TV
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022.Gabby Jones | Bloomberg...
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
Pedestrians walk past a Michael Kors store on August 10, 2023 in Chicago, Illinois. Scott Olson | Getty ImagesCapri and Tapestry called off their...
Here’s what to expect when Disney reports before the bell
A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella's Castle at the Magic Kingdom Park at...
Amazon Prime Video to stream Diamond regional sports networks
Sopa Images | Lightrocket | Getty ImagesDiamond Sports reached a deal with Amazon's Prime Video that will allow its 16 regional sports networks...
VW’s $5.8 billion investment in Rivian isn’t guaranteed. Here are the...
Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | ReutersDETROIT...
Rocket Lab stock pops 25% after company reports strong revenue growth,...
A view of Rocket Lab's HASTE suborbital launch vehicle.Rocket LabRocket Lab shares jumped in post-market trading after the company reported third-quarter results and...
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW...
A provided image of Oliver Blume, CEO of Volkswagen Group and RJ Scaringe, founder and CEO of Rivian, as the companies announce joint...
FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight...
Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US.Eva Marie Uzcategui | Bloomberg | Getty ImagesThe Federal Aviation...
Boeing delivers fewest planes since 2020, warns factory restart after strike...
An employee works in the cockpit of a Boeing P-8 Poseidon maritime patrol aircraft on the production line at Boeing's 737 factory in...