Breaking News: Business
Hinge Health opens at $39.25 per share after pricing IPO at top end of range
Hinge Health signage outside the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York, US, on Thursday, May 21, 2025. Michael Nagle | Bloomberg | Getty Images Shares of Hinge Health popped in their debut on the New York Stock Exchange on Thursday after the digital physical therapy company raised […]
Read More
Universal leans into theme parks with multibillion dollar Epic Universe, even as economic uncertainty looms
The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025. Thomas Simonetti | Bloomberg | Getty Images ORLANDO, Florida — With the grand opening of Epic Universe on Thursday, Comcast is positioning its Universal Studios Orlando Resort as a destination, not a pit stop. For years, Universal’s […]
Read More
Trump’s tariffs won’t lead to a resurgence of U.S. manufacturing jobs, Wells Fargo analysis says
President Donald Trump’s tariffs are designed to provide incentives to bring manufacturing jobs back to the United States, but the goal isn’t as feasible as it appears, according to an analysis from Wells Fargo. Moving factory work back to the U.S would mean a significant increase in labor costs, which many companies simply could not […]
Read More
April home sales dropped to the slowest pace for that month since 2009
A “Sale” sign in front of a home in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard | Bloomberg | Getty Images The spring housing market continues to struggle amid high interest rates and low consumer confidence. Sales of previously owned homes in April fell 0.5% from March to a seasonally adjusted, annualized […]
Read More
How UnitedHealthcare became the face of America’s health insurance frustrations
Flags fly at half staff outside the United Healthcare corporate headquarters in Minnetonka, Minnesota, Dec. 4, 2024. Stephen Maturen | Getty Images News | Getty Images It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over $1,000 billing dispute with UnitedHealthcare in 2023. […]
Read More
Summer travel demand is soaring — but airlines are short on planes
People board Ryanair plane at Rome Ciampino Airport in Ciampino, Italy on April 27, 2025. Nurphoto | Nurphoto | Getty Images Airlines are facing an uphill battle during peak travel season as delivery delays at Boeing and Airbus fuel a commercial jet shortage. The ongoing capacity issue remains a cause of concern for the industry […]
Read More
Nike will raise prices on a wide range of products as soon as this week
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | Reuters Nike will raise prices on a […]
Read More
Europe must make concessions to Trump in trade talks, LVMH’s Arnault says
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during the annual shareholders meeting of LVMH Moet Hennessy Louis Vuitton in Paris, France, April 17, 2025. Gonzalo Fuentes | Reuters The European Union must soften its stance toward U.S. President Donald Trump’s trade demands and negotiate a deal to avoid tariffs and protect European jobs, LVMH CEO and […]
Read More
Why Etihad Airways thinks it can weather the storm of Boeing delays
ABU DHABI, United Arab Emirates — Abu Dhabi’s Etihad Airways says it can navigate the turbulence surrounding Boeing ‘s delivery delays, even as it doubles down on a major wide-body order and a multibillion-dollar fleet overhaul. Speaking on CNBC’s “Access Middle East” on Wednesday, Etihad CEO Antonoaldo Neves said the airline is taking a more […]
Read More
Canada Goose shares soar 20% as company beats estimates, pulls full-year guidance
Canada Goose jackets for sale inside a Nordstrom store in Toronto, Ontario, Canada, on Tuesday, March 21, 2023. Nordstrom will close its six Canadian department store locations and seven Nordstrom Rack shops, as CEO Erik Nordstrom said the company no longer sees a realistic path to profitability in the country, The Canadian Press reports. Photographer: […]
Read More