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Categories Business

Frontier Airlines proposes merging with fellow budget carrier Spirit — again

January 30, 2025

Frontier Airlines said Wednesday it has again proposed merging with struggling rival Spirit Airlines, which is in bankruptcy. Frontier and Spirit first announced a deal to merge in

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Categories Business

Restaurants are rebounding — but Starbucks and McDonald’s still have work to do

January 30, 2025

Starbucks is expected to report its quarterly earnings on Tuesday, kicking off several weeks of reports from restaurant companies as investors anticipate improving demand for

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Categories Business

Starbucks shakes up its leadership again, adding two former Taco Bell executives

January 29, 2025

Starbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time at his

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Categories Business

Amazon taps Whole Foods CEO to oversee grocery business

January 29, 2025

Amazon has tapped Whole Foods CEO Jason Buechel to oversee its sprawling grocery business, the company announced Monday. Doug Herrington, the company’s worldwide retail chief, wrote

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Categories Business

Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene

January 28, 2025

Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus

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Categories Business

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations

January 28, 2025

DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services, though existing users will

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Categories Business

Government workers dismayed by Trump’s return-to-office mandate

January 27, 2025

When the Trump administration announced a return-to-office mandate this week, it stated Americans “deserve the highest-quality service from people who love our

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Categories Business

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

January 27, 2025

Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed

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Categories Business

Universal’s ‘Wicked: For Good’ creates a unique marketing challenge

January 26, 2025

Universal is hoping the excitement around “Wicked” can hang around — for good. The movie studio faces a unique challenge: promote and release two

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Categories Business

American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z

January 26, 2025

American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped

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