High fuel prices test limits of summer vacation spending
The unofficial start of the summer travel season on Memorial Day weekend will show just how much travelers want to fly and how much they’re...
Category : Business
Two top Walmart executives leave company under new CEO John Furner
Tom Ward, chief operating officer of Walmart’s warehouse chain Sam’s Club, is retiring, and Cedric Clark, Walmart’s EVP of U.S. store operations, is leaving....
Wall Street thinks IMAX is ripe for a sale. Here’s who could buy it
A source told CNBC that IMAX has held “preliminary talks” through intermediaries, but no official pitches have been made by the company....
Stellantis CEO sees opportunity in growing partnerships, bringing China-branded vehicles to North America
Stellantis CEO Antonio Filosa said there could be an opportunity to bring Chinese-branded vehicles into Mexico and potentially Canada, but not the U.S....
Trump administration says new EPA rules will save you money at the supermarket. It’s not clear they will
Trump delayed Biden-era EPA refrigerant rules, saying the move will lower grocery costs, though the impact on food prices remains unclear....
Stellantis unveils $70 billion turnaround plan, targets positive cash flow by 2028
Stellantis CEO Antonio Filosa unveiled a new five-year strategic plan Thursday worth 60 billion euros (US$69.7 billion)....
Walmart to report first-quarter earnings before the bell. Here’s what Wall Street expects
Walmart’s fiscal first-quarter earnings report will offer Wall Street a unique view into the health of the U.S. economy...
Sinkhole shuts runway at LaGuardia Airport, delaying flights, Port Authority warns
The Port Authority said travelers should expect delays and cancellations, with thunderstorms expected also expected to roll in Wednesday....
Target is set to report first-quarter earnings, offer read on consumer
Target has been struggling with a sales slump and decreased customer traffic, though CEO Michael Fiddelke has said the retailer is poised for a turnaround....
The AI economy is rewriting the American Dream — and blue-collar workers are poised to win
AI-driven hiring slowdowns are hitting some entry-level jobs for college graduates as companies like Ford and AT&T ramp up recruiting for skilled trade workers....