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Category Archives: Uncategorized

JetBlue to cut more flights, other costs with break-even 2025 ‘unlikely’ due to weaker travel demand

JetBlue Airways CEO Joanna Geraghty told staff the carrier is further cutting costs as softer travel demand makes break-even operating margins in 2025 unlikely.

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Streaming surpasses combined broadcast and cable viewing for the first time

Streaming has outpaced the combined share of broadcast and cable TV viewing for the first time ever, according to a new Nielsen report.

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Democrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump’s plan

The lawmakers accuse Pfizer, Merck, J&J, AbbVie and Amgen of paying little to nothing in federal taxes despite generating billions of dollars annually.

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FDA approves Gilead’s twice-yearly HIV prevention injection, offering a powerful and convenient new option

The launch of the injection faces potential threats, including the Trump administration’s proposed cuts to federal funding for HIV prevention efforts. 

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RFK Jr.’s new vaccine advisors will vote on flu shots containing mercury

It is the panel’s first meeting with Kennedy’s newly appointed members, many of whom are well-known vaccine critics.

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Stellantis’ Ram brand to offer industry-leading pickup truck warranty as part of turnaround plan

The warranty covers the engine, transmission, transfer case, driveshafts, differentials, and axles for 10 years or 100,000 miles, whichever comes first.

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Nike pushes back Skims launch with Kim Kardashian due to production delays

Nike is delaying the launch of its highly anticipated NikeSKIMS activewear line, according to a person familiar with the matter.

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Family office deals slow in May with bets on nuclear batteries and AI testers

Billionaire Barry Sternlicht’s investment firm is part of a growing group of family offices betting on nuclear energy.

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Here’s how tariffs could affect the price of goods like shoes and sweaters

A model from AlixPartners shows what items like sweaters and shoes imported from Vietnam could cost under President Donald Trump’s tariff plans.

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NBA team sponsorship revenue up 8% to $1.6 billion, boosted by jersey patches

Growth in sponsorships comes on the heels of the NBA’s landmark $77 billion media rights deal, which begins next season.

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