Tag: Breaking News: Business

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Boeing CEO Calhoun took home $5 million last year, compensation package hit by Max crisis

Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024.Jim...

UAW says VW workers at Tennessee plant file for union election

A Volkswagen EV ID.4 crossover at the Volkswagen of America plant in Chattanooga, Tenneessee, on June 8, 2022.Michael Wayland | CNBCDETROIT — Volkswagen workers...

Novo Nordisk’s Wegovy wins FDA approval for cutting heart disease risks, in move that could expand insurance coverage

Injection pens of Novo Nordisk's weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023.Victoria Klesty | ReutersThe Food...

TJX tops earnings estimates but issues light guidance ahead of uncertain growth path

TJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer.Despite the strong quarter and end...

Companies — profitable or not — make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting costs this year.From toy and cosmetics...

Wall Street is overreacting to new sports joint venture, says EW Scripps CEO

EW Scripps CEO Adam SymsonSource: EW ScrippsLocal TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after...

JetBlue and Spirit appeal judge’s ruling that blocks their proposed merger

Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Nov. 1, 2023.Eva Marie Uzcategui | Bloomberg | Getty ImagesJetBlue...

CVS to close ‘select’ pharmacies in Target stores in the coming months

CVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the...

Maersk’s Red Sea shipping pause highlights challenges for U.S.-led efforts to protect trade

A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29, 2023. (Photo by Fareed...

Universal banks on ‘Migration’ to expand its animation lead over Disney

Universal and Illuminations latest animated film centers on a family of ducks who decides to leave the safety of a New England pond for...

Alaska Airlines agrees to buy Hawaiian Airlines in $1.9 billion deal

Alaska Air Group has agreed to buy rival Hawaiian Airlines in a $1.9 billion deal, setting up another potential regulatory battle in the second...

American Dream mall in N.J. briefly evacuated on Black Friday over bomb threat

American Dream megamall and entertainment complex in East Rutherford, N.J. After more than 17 years in the making, it finally opened October 25, 2019....