In his first week on the job, CEO Brian Niccol said improving the company’s branding was one of his four priorities to turn around the […]
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Spirit Airlines extends debt refinancing deadline hours before expiration
Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.
Continue readingWatch maker Patek Philippe launches first new collection in 25 years
The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand.
Continue readingEmbraer CEO says jet maker studying possibilities for a new aircraft
The company is focusing on selling its E2 and regional jets and addressing supply chain issues, the CEO said.
Continue readingStellantis to sell, shutter large testing facility amid cost-cutting efforts
Stellantis’ Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.
Continue readingSpirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.
Continue reading‘Joker: Folie a Deux’ is this year’s latest box-office flop. Here’s what else has disappointed
Warner Bros.’ “Joker: Folie a Deux” is not the only blockbuster-budgeted film to fall flat at the box office this year.
Continue readingProcter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.
Continue readingThe commercial real estate recovery is on, but the rebound may be uneven
The Fed’s shift in policy is “the most notable green shoot” for the CRE market, according to Wells Fargo analysts.
Continue readingCVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer
David Joyner has replace Karen Lynch as CVS CEO, as the company’s stock price and performance suffers.
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