Breaking News: Business
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
A customer enters an American Eagle store on April 4, 2025 in Miami, Florida. Joe Raedle | Getty Images American Eagle on Tuesday said it’s writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales, steep discounting and an uncertain economy. The apparel retailer said […]
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YouTube will stream NFL Week 1 game in Brazil for free
Patrick Mahomes #15 of the Kansas City Chiefs throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl LIX at Caesars Superdome on February 09, 2025 in New Orleans, Louisiana. Gregory Shamus | Getty Images Sport | Getty Images YouTube will stream the NFL’s week one game on Sept. 5 for […]
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Photos: Tech CEOs mingle with Trump and Saudi Crown Prince at investment forum in Riyadh
Senior Advisor to the U.S. President Elon Musk (L) and Nvidia CEO Jensen Huang (C) are directed to greet the Saudi Crown Prince at the Royal Court in Riyadh on May 13, 2025. Brendan Smialowski | Afp | Getty Images Wealth and power. Global political and business leaders gathered in Riyadh on Tuesday for the […]
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Spirit Airlines introduces extra legroom seats, other perks, in push for premium
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines announced on Tuesday that it will offer new premium options for its travelers, including an extra-legroom seating option and a two free checked bags policy for […]
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Hertz shares plummet after company’s disappointing first-quarter results, $250 million stock offering
DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering. Hertz shares were off more than 20% during early morning trading before leveling to be off about 15% to 18% toward the end of the company’s Tuesday morning quarterly earnings […]
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ESPN’s new all-access streaming app will cost $29.99 per month
ESPN’s new streaming application, featuring everything the sports media arm of Disney has to offer, will cost $29.99 per month. The service, which will take the ESPN name, as CNBC reported last week, will be heavily discounted when bundled with Disney’s other streaming services, Disney+ and Hulu. The three services, with ads, will cost $35.99 […]
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GM unveils new ‘groundbreaking’ EV battery tech, aims to be first to market
General Motors battery technician Steven Petty Jr. focuses on aligning electrodes on an anode sample for a prototype LMR battery cell in the making. Photo by Steve Fecht for General Motors WARREN, Mich. — General Motors expects to pioneer a new “groundbreaking” EV battery technology that the automaker says will reduce costs and boost profitability […]
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UnitedHealth Group CEO Andrew Witty steps down, company suspends annual forecast
Andrew Witty, CEO of UnitedHealth Group, testifies during the Senate Finance Committee hearing titled “Hacking America’s Health Care: Assessing the Change Healthcare Cyber Attack and What’s Next,” in the Dirksen Building in Washington, D.C., on May 1, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images UnitedHealth Group on Tuesday announced the surprise exit […]
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Toyota reveals new name, upgraded tech for its sole U.S. EV
Toyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities. The new name for the EV for the 2026 model-year is the “bZ,” cut down from the “bZ4X.” Toyota says the name change is to simplify it […]
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Trump’s plan to slash drug prices may struggle to get off the ground – here’s what to know
President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump on Monday moved forward with a plan to lower U.S. […]
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