business news
‘Extremely awkward’: Bob Chapek and Bob Iger had a falling out, they rarely talk — and the rift looms over Disney’s future
Bob Iger, left, and Bob Chapek of Disney Charley Gallay | Getty Images; Patrick T. Fallon | Bloomberg | Getty Images April 12, 2020. That’s the day former Disney CEO Bob Iger’s relationship with his handpicked successor, current Disney CEO Bob Chapek, began to fall apart. Iger had stunned the world in February of that […]
Read More
Wendy’s prepares to overtake Burger King in breakfast, two years after its nationwide launch
The Breakfast Baconator and Seasoned Potatoes are part of the breakfast menu at Wendy’s restaurants on March 2, 2020 in New York City. David Dee Delgado | Getty Images Two years ago, Wendy’s launched its breakfast menu nationwide, finally crossing the finish line for a goal it tried and failed at for nearly four decades. […]
Read More
Goodyear, called a stealth EV play, is investing to hold its competitive advantage
The auto industry’s shift to electrification could be a multiyear tailwind for Goodyear, the company’s CFO explained. Source
Read More
These are Goldman’s least favorite stocks, including one it sees dropping nearly 50%
Goldman’s least favorite stock on the list in clean energy stock JinkoSolar, which is seeing falling 47% in the next 12 months. Source
Read More
Ukraine’s Zelenskyy appeals to Russians; officials say Mariupol art school bombed
Art school in Mariupol bombed, says city council Russian bombs fell on an art school in the city of Mariupol where about 400 residents were in hiding, according to Mariupol’s city council. The council said the building was destroyed and “peaceful people are still under the rubble,” adding that there were women, children and the […]
Read More
Saudi Aramco’s full-year profit more than doubles on soaring oil prices
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion. Aramco’s 2021 net income increased by 124% to $110 billion in 2021, […]
Read More
North Korea fires multiple-rocket launcher, South Korea says
People watch a television screen at a railway station in Seoul showing a news broadcast with file footage of North Korean leader Kim Jong Un, on January 20, 2022. North Korea fired what could be a ballistic missile, Japan’s coast guard said on Feb. 27, 2022. Jung Yeon-je | AFP | Getty Images North Korea […]
Read More
Volkswagen recalls 246,000 Atlas SUVs due to issue with airbags, brakes
Volkswagen recalled 246,000 Atlas and Atlas Cross Sport SUVs in the U.S. and Canada because of a wiring issue that could cause problems with the airbags, windows and brakes of the cars. Damage to the wiring of the cars could result in airbags deploying “later than designed,” which could lead to injury of people in […]
Read More
Dating apps are creating unique new experiences to get people to meet in person
People drink outside a bar. Caitlin Ochs | Reuters A handful of twenty-somethings stand at the door of The Gin Mill, a New York City bar, trying to get past the bouncer. But instead of just producing IDs, anyone wanting to get in has to show they had a dating app on their phone. The […]
Read More
These cattle ranchers are raising better beef, spending less — and reducing carbon emissions
Understanding Ag teaching farmers about regenerative grazing. Photo courtesy Understanding Ag. When Gabe Brown first got into regenerative agriculture more than 25 years ago, he wasn’t trying to solve climate change. “I was just trying to keep the banker at bay and feed my family,” Brown told CNBC. Brown grew up in Bismarck, N.D., and […]
Read More