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Categories Business

Disney tops quarterly profit estimates but starts to lose Disney+ streaming subscribers

February 6, 2025

Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses

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Categories Business

Mattel says Barbies and Hot Wheels could soon get more expensive under Trump’s tariffs

February 6, 2025

Mattel could soon raise the prices of toys such as Barbie and Hot Wheels in response to new tariffs imposed by President Donald Trump, executives said Tuesday.  The

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Categories Business

Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet

February 6, 2025

Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut

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Categories Business

GM cuts 50% of Cruise staff after ending robotaxi business

February 5, 2025

General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM

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Categories Business

Fox reveals plans to launch subscription streaming service this year

February 5, 2025

Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content said Tuesday it’s

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Categories Business

Trump moves to develop sovereign wealth fund to ‘create value for American citizens’

February 5, 2025

President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other

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Categories Business

Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement

February 4, 2025

Ontario will pull all American alcohol from its government-run liquor shelves beginning Tuesday in response to U.S. President Donald Trump’s 25% tariffs on Canadian

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Categories Business

Costco and Teamsters reach tentative contract agreement, avoid strike

February 3, 2025

Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman

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Categories Business

WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion bid

February 2, 2025

As cities across the country vie for the next Women’s National Basketball Association team, the league quietly filed a trademark application this

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Categories Business

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

February 1, 2025

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned

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