Business

In this article UAL An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines on Wednesday notched a key profit milestone in its pandemic recovery, but said it will scale back its growth plans through 2023. United reported its first quarterly profit —

NEW YORK, US – JULY 10: An aerial view of the cruise ship “Norwegian Joy” sails up the Hudson River in front of the skyline of Manhattan as the sun sets in New York City, United States on July 10, 2022. Lokman Vural Elibol | Anadolu Agency | Getty Images Shares of cruise lines including

In this article NFLX (L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Good enough. Netflix didn’t blow the roof off its second-quarter earnings. It announced it lost about 1

In this article NKLA CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy December 2, 2019. Massimo Pinca | Reuters Electric truck maker Nikola once again fell short of winning shareholder approval to

In this article NFLX Jakub Porzycki | Nurphoto | Getty Images Netflix reports its second-quarter earnings Tuesday, and the run-up feels like hurricane preparation. A storm is coming. It’s probably going to be bad. Shareholders are praying the foundation is sturdy enough to withstand the damage. Netflix remains the world’s largest streaming service, but the

A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022. Olivier Douliery | AFP | Getty Images Jeff Rothenberg has grown accustomed to long wait times at restaurants, even when tables are visibly open. “Another restaurant we went to had open seats outside, but when we went to the host, they mentioned

Hispanolistic | E+ | Getty Images Many small company owners don’t know what their enterprise is worth, a practice that can amount to risky business. A whopping 98% of small businesses polled by M&T Bank over the past two years didn’t know the value of their companies. This is especially troubling, given that for most

People visit the M&M store in Times Square on July in New York City. Spencer Platt | Getty Images The Covid-19 pandemic significantly changed consumer behavior from where they shopped to what they bought. That was felt throughout the snacks and spirits industries and some of those habits have hung on, senior executives from Beam

In this article SAVE ULCC JBLU LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC Proxy advisory firm Institutional Shareholder Services on Friday reversed its stance on Spirit Airlines‘ planned tie-up with Frontier Airlines, urging Spirit shareholders to vote against the deal and calling JetBlue Airways‘ all-cash

In this article KSS People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s said its chief technology and supply chain officer, Paul Gaffney, is set to depart the retailer on Aug. 1, according to a securities filing. Kohl’s said that Siobhan McFeeney, who has

In this article DIS ESPN Mike Windle | ESPN | Getty Images Disney is increasing the price of its sports streaming service ESPN+ to $9.99 per month, a 43% increase. The previous price of ESPN+ had been $6.99 per month. The increase will kick in on Aug. 23. An annual subscription to ESPN+ will jump

In this article GM GM EVGO General Motors is building out a new network of EV fast chargers in partnership with Pilot Co., owner of the Pilot and Flying J highway travel centers, and EV charging network EVgo. The companies will install a total of 2,000 fast chargers at 500 of Pilot’s locations along American

Daniel Acker | Bloomberg | Getty Images More home sellers are dropping their asking prices as rising mortgage interest rates and inflation have slowed down competition in the housing market. Some cities are seeing more price cuts than others. Boise, Idaho, took the lead in June, with 61.5% of sellers cutting their asking prices, according

A customer shops for shirts at an American Eagle Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Excess inventory has racked up in many retailers’ warehouses and stores. But shoppers are still paying more as they refresh the closet. Apparel prices rose 0.8% in June compared to May, and 5.2%

In this article MSFT NFLX The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Netflix has named Microsoft as its partner for its ad-supported service, the companies announced Wednesday. “Microsoft has the proven ability to support all our needs as we together build

In this article TWTR SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019.  Mike Blake | Reuters After

Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO Can the Roy family win yet another high-stakes competition with brutal rivals? HBO’s lacerating drama “Succession” on Tuesday earned 25 nominations for the 74th annual Emmy Awards, the most of any series. It’s squaring off

A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales of existing homes dropped 3.4% to a seasonally adjusted annualized rate of 5.41 million units. Sales were 8.6% lower than in May 2021. As existing-home sales declined, the median price