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Tag: Breaking News: Business

GM lays off 1,000 employees amid reorganization, cost-cutting

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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

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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

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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

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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

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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...

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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,...

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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...

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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...

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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...

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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...