Tag: Breaking News: Business
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United CEO brushes off airline mergers after American rejection: ‘There’s nothing’
When asked about a wave of consolidation among airlines, Kirby said further combination opportunities look unlikely: “There’s nothing.”
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Italian coffee giant Lavazza launches single-serve tablets to make espresso in the U.S.
With Tablì, Lavazza is betting that sustainability is still a top consideration for many coffee drinkers.
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‘Bring ’em on’: Most profitable airline Delta wants United’s crown over the Pacific, too
Delta’s president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific.
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Harry’s and Coterie owner Mammoth Brands has ambitions to be the next CPG giant
Mammoth’s direct-to-consumer brands have helped upend the razor, diaper and deodorant categories.
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Chinese EVs may hit U.S. within a few years, one way or another
Chinese electric vehicles are likely to be sold in the U.S. within years, despite tariffs, strict laws and opposition from the auto industry and politicians.
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How ‘Backrooms’ producer Peter Chernin thinks Hollywood needs to change
Franchise fatigue could drive an entertainment industry sea change as the appetite for fresh ideas grows and younger audiences make up more box office sales.
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Boeing to start 737 Max production on new assembly line July 6, CEO says
The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
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Lululemon cuts annual outlook, citing ‘negative’ media commentary and disappointing product launches
Lululemon is expecting its situation to get a lot worse before it gets better, as it issued weak guidance for the full year.
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Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO
Brett Winton said SpaceX’s Starlink satellite broadband network is the primary driver of ARK’s valuation thesis.
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Why institutional investors are returning to retail ‘in a very big way’
Investment transaction volumes reached more than $15 billion during the first quarter, an increase of 5% compared with Q1 2025, according to JLL.
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