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Tag: Breaking News: Business

Southwest and activist investor Elliott strike deal to keep CEO Bob...

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Bob Jordan, CEO of Southwest Airlines, listens to questions from media during Southwest Airlines Investor day at Southwest Airlines Headquarters on September 26,...

Southwest Airlines profit tops estimates, company expects higher revenue in fourth...

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Southwest Airlines' third-quarter profit fell from a year ago but topped Wall Street estimates as the carrier worked to drum up revenue and...

TKO Group to acquire IMG, Professional Bull Riders and On Location...

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TKO Group, the company that owns WWE and UFC, is expanding into sports-adjacent properties by acquiring three businesses for $3.25 billion from its...

American Airlines lifts 2024 profit forecast after sales strategy shift, posts...

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American Airlines posted a third-quarter loss but raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy...

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl’s...

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An exterior view of the Kohl's store at the Paxton Town Centre near Harrisburg. A customer walks with a Nike shopping bag.Paul Weaver...

Shares of Peloton surge 11% after David Einhorn says stock is...

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David Einhorn speaking at the 2024 Sohn Conference in New York City on April 3, 2024.Adam Jeffery | CNBCShares of Peloton spiked more...

Abercrombie & Fitch responds to former CEO’s sex trafficking arrest, says...

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Former Abercrombie & Fitch Chairman and CEO Mike Jeffries addresses stockholders during the company's annual meeting at its headquarters in New Albany, Ohio,...

Coca-Cola CEO says McDonald’s E. coli outbreak won’t hurt beverage company’s...

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Coca-Cola President and CEO James Quincey attends a press conference with International Olympic Committee (IOC) president and China Mengniu Dairy CEO and Executive...

CDC told McDonald’s about potential E. coli outbreak late last week

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A customer walks out of a McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024.Mario Tama | Getty ImagesThe Centers for Disease Control...

Coca-Cola tops earnings estimates, as higher prices offset sluggish demand

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Coca-Cola on Wednesday reported quarterly earnings and revenue that topped analysts' expectations, thanks to a boost from higher prices that offset sluggish demand.Shares...