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Mexican security chief confirms cartel family members entered US in a deal with Trump administration
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Museo de Miami inaugura exposición que revisa un siglo de trajes de baño y su vínculo con Florida
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Disney to debut new Lightning Lane Premier Pass this month, but some guests may have sticker shock
The Walt Disney Co. is set to pilot a new pass for guests to get on rides faster at its domestic theme parks, but the cost might be a bit out of reach for some people.
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October 16, 2024
United Airlines adding 8 new international destinations to itinerary for next summer
United Airlines is adding eight new international destinations to its itinerary for next summer. The airline, which said that this is its biggest international expansion ever with more than 760 weekly flights, will also be adding some new routes.
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October 11, 2024
Stellantis, seeking to revive sales, makes some leadership changes
Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement and the departure of its chief financial officer as it struggles to revive sales in North America.
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October 11, 2024
Chief operating officer of Truth Social’s parent company resigns
The chief operating officer of Truth Social’s parent company has resigned and the company must hand over almost 800,000 shares to one of its investors as part of a court ruling, according to a regulatory filing.
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October 4, 2024
NHTSA: Cruise to pay $1.5M penalty after failing to fully report crash involving pedestrian
The National Highway Traffic Safety Administration says that General Motors’ Cruise autonomous vehicle division will pay a $1.5 million penalty as part of a consent order after the unit failed to fully report a crash involving a pedestrian.
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September 30, 2024
A Black man says a trucking company fired him because he wouldn’t cut off his dreadlocks
A Black man alleges in a lawsuit that an Iowa trucking company fired him as a driver because he wouldn’t cut off his dreadlocks. It’s the latest in a series of incidents across the country over an issue activists have dubbed hair discrimination.
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September 30, 2024
Satellite service DirecTV buys rival Dish as it fights the onslaught of streaming services
DirecTV is buying Dish and Sling as the company, a deal it has sought to complete for years as seeks to better compete against streaming services that have become dominant.
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September 30, 2024
Steelworkers lose arbitration case against US Steel in their bid to derail sale to Nippon
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel. The board, which was jointly chosen by U.S. Steel and the United Steelworkers to decide disputes between them, said Wednesday that U. S.
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September 25, 2024
Vista, Blackstone buying software maker Smartsheet for about $8.4 billion
Private equity firms Vista Equity Partners and Blackstone are buying software maker Smartsheet for approximately $8.4 billion in cash. Vista and Blackstone said Tuesday that they will pay $56.50 per Smartsheet Inc. share.
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September 24, 2024
GM offering adapters to help electric vehicle owners access Tesla chargers
General Motors is now offering adapters to help its electric vehicle owners access Tesla chargers. The automaker said Wednesday that it is opening up access to more than 17,800 Tesla Superchargers for its customers, with the use of a GM approved NACS DC adapter.
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September 18, 2024
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.
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September 17, 2024
Red Lobster exits Chapter 11 bankruptcy protection
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.
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September 16, 2024
Mastercard buying global threat intelligence company Recorded Future for $2.65 billion
Mastercard is buying global threat intelligence company Recorded Future for $2.65 billion, a move that will strengthen its cybersecurity services. Mastercard is purchasing Recorded Future from private equity firm Insight Partners.
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September 12, 2024
Trump closing in on being able to sell his shares of Truth Social’s parent company. But will he?
Donald Trump has more than last night’s debate with Vice President Kamala Harris on his mind. The former president can start selling shares of Truth Social’s parent company next week when a lockup provision ends.
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September 11, 2024
Keurig to pay $1.5M settlement over statements on the recyclability of its K-Cup drink pods
Keurig Dr Pepper Inc. will pay $1.5 million to settle charges that it made inaccurate statements about the recyclability of its K-Cup single use beverage pods. The U.S.
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September 10, 2024
Big Lots files for Chapter 11 bankruptcy protection, plans to sell assets to Nexus Capital
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection as it contends with a pullback in consumer spending and soft sales.
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September 9, 2024
SEC reaches settlement with Esmark and its chairman on US Steel matter
The Securities and Exchange Commission says that it has reached a settlement with industrial conglomerate Esmark and its chairman for announcing a false tender offer to buy U.S. Steel.
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September 6, 2024
Verizon is buying Frontier in $20B deal to strengthen its fiber network
Verizon is buying Frontier Communications in a $20 billion deal that helps to strengthen its fiber network. Verizon Communications Inc. said Thursday that the transaction will also help it in the areas of artificial intelligence and IoT.
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September 5, 2024
Even bargain chains see spending pullback as higher prices squeeze more Americans
Dollar Tree is slashing its full-year earnings and sales forecasts as its customers continue to struggle with higher prices and spend less. Shares are down more than 10% before the opening bell Wednesday after hitting a 52-week low on the prior day.
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September 4, 2024
Paramount extending ‘go shop’ period by 15 days so it can review Bronfman offer
Entertainment giant Paramount Global is extending by 15 days a period where it’s allowed to assess alternative offers to its merger agreement with Skydance so that it can review a proposal from Edgar Bronfman, Jr.
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August 22, 2024
Disney names Gorman to chair its succession planning committee
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August 22, 2024
Alaska Air clears a big hurdle in its proposed merger with Hawaiian Airlines
Alaska Air is one step closer to acquiring Hawaiian Airlines after the U.S. Department of Justice chose not to challenge the $1.9 billion deal that the carriers say will create a company better able to serve travelers.
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August 20, 2024
US settles with billionaire Carl Icahn for using company to secure personal loans worth billions
Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral.
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August 19, 2024
AMD buying server maker ZT Systems for $4.9 billion as chipmakers strengthen AI capabilities
AMD is buying server maker ZT Systems in a cash-and-stock deal worth $4.9 billion as the chipmaker strengthens its artificial intelligence capacity in its efforts to compete with Nvidia.
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August 19, 2024
Ford recalling about 85,000 Explorer police vehicles because of potential for an engine fire
Ford is recalling approximately 85,000 Explorer Police Interceptor Utility vehicles because the engines may fail prematurely and possibly result in a fire.
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August 16, 2024
Starbucks is giving its new CEO a huge pay package and not making him move to Seattle
Starbucks’ incoming CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant.
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August 15, 2024
Victoria’s Secret bringing in Hillary Super from Savage X Fenty as its new CEO
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August 14, 2024
Sweet and salty deal worth $30 billion would put M&M’s and Snickers alongside Cheez-It and Pringles
M&M’s maker Mars is paying nearly $30 billion for Kellanova, the maker of Cheez-Its and Pop-Tarts. The acquisition could significantly broaden Mars’ snacking portfolio and help it expand globally.
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August 14, 2024
Home Depot, sensing uneasy economic vibe from homeowners and contractors, trims outlook for 2024
Home Depot’s second quarter sales rose slightly as the nation’s biggest home improvement retailer booked gains from a recent acquisition, but customers reined in spending because of broadly higher costs and elevated interest rates.
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August 13, 2024
Liberty Media confirms Justice Department investigation over Formula 1 World Championship spat
Liberty Media, owner of Formula One Group, is confirming that it is under investigation by the Justice Department for denying Andretti Global entry into the Formula 1 World Championship.
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August 9, 2024