Ford truck sales of 308,920 vehicles marked the company’s best second-quarter performance for the vehicle category since 2019.
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United Airlines is texting travelers live weather maps to explain flight delays
Even when it’s bright and sunny, a thunderstorm hundreds of miles away can still disrupt flights.
Continue readingWomen’s soccer draws private-equity interest as team valuations soar
Sixth Street and Carlyle have each have each struck deals at soaring team valuations.
Continue readingThe five secrets to Ferrari’s success as a luxury brand
This year, Ferrari for the first time surpassed Hermès as the most valuable luxury company in the world as measured by stock multiple.
Continue readingNathan’s hot dog contest crowns Bertoletti, Sudo after Joey Chestnut debacle
The competition was considered more wide open after the 16-time winner parted ways with the event’s organizer, Major League Eating.
Continue readingGlobalFoundries races to find semiconductor talent as demand for chips soars
GlobalFoundries and other semiconductor companies are looking for workers as demand for chips soars, spurred by CHIPS Act funding and artificial intelligence.
Continue readingSaks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
The deal will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’ namesake department store chain and Bergdorf Goodman.
Continue readingFisker recalls thousands of Ocean EVs for safety and compliance issues
The company issued voluntary recalls for at least 11,000 Ocean SUVs across the U.S., Canada, and Europe for software-related issues.
Continue readingAt Stellantis investor day, cost cuts and China come into focus
Stellantis has aggressively cut operations under Tavares, with some executives describing the measures as difficult or grueling.
Continue readingSouthwest CEO vows change as activist investor pushes for new leadership
Elliott Management on Monday disclosed a nearly $2 billion stake in Southwest Airlines and said it wanted new leadership.
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