Breaking News: Business
Meet GM’s most expensive and powerful Cadillac Escalade yet, starting at $150,000
2023 Cadillac Escalade V-Series Cadillac DETROIT – General Motors’ newest Cadillac Escalade will be the most powerful and expensive version of the full-size SUV ever when it goes on sale this summer, starting at about $150,000. The Detroit automaker unveiled the 2023 Cadillac Escalade-V on Wednesday with a supercharged 6.2-liter V-8 engine that delivers 682 […]
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Southwest is upgrading its planes with faster Wi-Fi, bigger overhead bins and new drinks to woo travelers
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines said it will spend more than $2 billion on improved passenger amenities like bigger overhead bins, faster internet and power outlets “in every seat,” in an effort to woo travelers as bookings rebound. The airline also plans to double the number of movies it offers travelers […]
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Target employees at Virginia store file for union election amid a broader labor push at big companies
A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Target has joined the growing list of major companies where employees are trying to form a union. Employees at a Virginia store filed on Tuesday with the National Labor […]
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How Ford’s F-150 Lightning stacks up against Rivian and Hummer electric pickups
SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but it needs to be said. Why? Because a successful battery-powered pickup is a critical step in the EV transition, […]
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Toyota warns ‘unprecedented’ raw materials costs could cut profits by 20%
Toyota 2023 Sequoia on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor on Wednesday warned investors that “unprecedented” increases in materials and logistics costs could cut the company’s full-year profit by as much as 20%. The Japanese automaker said it expects materials costs to more than double […]
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J&J names Thibaut Mongon, current consumer health leader, as CEO of new spin-off company
Signage is displayed outside of Johnson & Johnson headquarters in New Brunswick, New Jersey, Aug. 1, 2020. Mark Kauzlarich | Bloomberg | Getty Images Johnson & Johnson on Wednesday announced that the current head and the chief financial officer of its consumer health portfolio will lead the business when it spins off into a separate […]
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Traveler satisfaction is down as planes fill up and airfare rises, survey finds
Travelers wait in line at Newark Liberty International Airport (EWR) in Newark, New Jersey, on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images Packed planes and more expensive tickets drove down customer satisfaction with airlines for the first time in a decade over the past year, according to a J.D. Power survey […]
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U.S. gun homicides reached highest level in 25 years during Covid pandemic, CDC says
Gun homicides in the U.S. reached their highest level in more than 25 years during the Covid-19 pandemic, according to the Centers for Disease Control and Prevention. Homicides from guns rose 35% during the first year of the pandemic to the highest level since 1994, according to a CDC Morbidity and Mortality Weekly report published […]
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Citadel founder Ken Griffin wins Blue Origin spaceflight auction, donating two seats to NYC teachers
Ken Griffin, Founder and CEO, Citadel (L) and Blue Origin New Shepard rocket lifts off (R) Reuters Ken Griffin, billionaire founder and CEO of hedge fund Citadel, placed the winning $8 million bid in an auction Monday for a seat on a spaceflight with Jeff Bezos’ Blue Origin. Bezos’ company donated two seats on its […]
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Boeing aircraft orders, deliveries slipped in April
A Boeing 737 MAX 9 is pictured outside the factory in Renton, Washington. Stephen Brashear | Getty Images Boeing’s aircraft deliveries fell last month as handovers of its 787 Dreamliner planes remain paused after a series of manufacturing flaws. The company delivered 35 jets in April, down from 41 in March, bringing its total so […]
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