Boeing hasn’t delivered an aircraft from its factories directly to a Chinese airline since 2019.
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James Gorman talks Disney succession, proxy fight as he gears up to join board
Gorman won praise for managing the CEO succession process at Morgan Stanley.
Continue readingEvery restaurant chain wants to beat Chick-fil-A, but it’s stronger than ever
Even McDonald’s, which outstrips Chick-fil-A by sales and footprint, is leaning into chicken to drive growth.
Continue readingNew car sales are expected to rise slightly next year in the U.S.
Forecasters expect auto sales next year to increase by between 1% and 4% to roughly 15.6 million to 16.1 million vehicles sold.
Continue readingMan pleads guilty in stock fraud case involving $100 million New Jersey deli
Hometown International once was valued at $100 million on the stock market despite owning a tiny, money-losing deli in New Jersey.
Continue readingSanta gets a behind-the-scenes boost from AI this holiday season
From using chatbots to predicting demand for items, retailers are experimenting with and expanding use of generative AI this holiday season.
Continue readingWarner Bros. Discovery merger talks with Paramount Global may draw out NBCUniversal
Warner Bros. Discovery’s merger talks with Paramount Global may bring NBCUniversal to the table.
Continue readingCitigroup to close global distressed-debt business as part of CEO Jane Fraser’s overhaul
Citigroup is exiting businesses with poor returns to bolster the bank’s odds of hitting Fraser’s performance targets.
Continue readingChair of powerful House committee pushes Shein about data protections, its relationship with China
The House Energy and Commerce Committee wants Shein to share more information on its relationship with China and its data protections ahead of its U.S. […]
Continue readingWarner Bros. Discovery and Paramount Global in early merger talks
Paramount Global’s controlling shareholder, Shari Redstone, is reportedly eager for a deal partner.
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