Disney is in the process of laying off thousands of employees under CEO Bob Iger’s restructuring plan.
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JetBlue adds incremental perks like early boarding and booze to keep travelers reaching for status
JetBlue is the latest airline to rethink its lucrative frequent flyer program to keep travelers spending on the airline and co-branded credit card.
Continue readingFord reveals redesigned Ranger pickup with new Raptor performance model
The addition of the Raptor — starting at $56,960 — is part of Ford’s plan to increase high-profit variants to boost its bottom line.
Continue readingMortgage demand surged after Fed signaled potential pause in rate hikes
Mortgage demand rose last week after interest rates pulled back slightly. Demand is still far lower, however, than it was a year ago.
Continue readingRocket Lab revenue increases slightly, company adds NASA launch contract
Rocket Lab’s revenue increased slightly in the first quarter, but losses grew as well, as the spacecraft and launch company added a NASA contract.
Continue readingVirgin Galactic quarterly loss widens while company preps for spaceflight return
Virgin Galactic is aiming to fly its first spaceflight in nearly two years later this month.
Continue readingTucker Carlson to host show on Twitter after being fired from Fox News
Tucker Carlson said he will relaunch a version of his show on Twitter, weeks after being fired from Fox News
Continue readingRivian reports a narrower-than-expected quarterly loss, reaffirms EV production target
Rivian has been working to reduce its spending over the last several months in a bid to conserve cash.
Continue readingBreast cancer screenings should start at age 40 instead of 50, U.S. panel says
The U.S. Preventive Services Task Force said its new guidance on breast cancer screening could save 19% more lives.
Continue readingWheels Up founder abruptly steps down as losses mount, potential bankruptcy looms
Like many private jet startups, Wheels Up was dogged by high costs and operating issues.
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