The main cabin of a retrofitted American Airlines Boeing 777-300ER used on long-haul routes, in an undated photograph. American Airlines | Via Reuters The K-shaped economy is taking flight. American Airlines CEO Robert Isom said Wednesday that just 30% of its seats account for half of the company’s revenue, a proportion that has the Fort […]
American Airlines says 30% of seats drive half of revenue Read More »
A J.B. Hunt Transport Services Inc. tractor trailer parked at a freight depot in Indianapolis, Indiana, U.S., on Saturday, Jan. 15, 2022. Luke Sharrett | Bloomberg | Getty Images Shares of J.B. Hunt plunged more than 10% on Wednesday after the trucking company said it expects its earnings to drop in the third quarter. “We
J.B. Hunt stock plunges 10% on earnings drop expectation Read More »
Tropical Smoothie Cafe’s new packaging will highlight its frond icon. Source: Tropical Smoothie Cafe Tropical Smoothie Cafe on Wednesday unveiled a new look as the restaurant chain prepares to continue its streak of rapid growth under Blackstone’s ownership. “We are a company and a brand that has evolved significantly over the last few years and
Tropical Smoothie Cafe announces new branding, plans for new locations Read More »
2024 Ford F-150 Raptor Ford DETROIT — Ford Motor is expanding the availability of V-8 engines and lowering the starting prices of some performance models for its 2027 lineup of F-150 pickup trucks. The Detroit automaker said the changes are meant to give customers more choice and help expand sales of key models, a strategy
Ford increases V-8 engines, lowers performance prices Read More »
Phil Knight, former chairman and founder of Nike, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 11, 2019. Brendan McDermid | Reuters Nike co-founder Phil Knight and his wife, Penny, will donate $1.1 billion to Providence St. Vincent Medical Center in Oregon and its Providence Heart Institute, according
Nike co-founder Phil Knight donates $1.1B to Oregon medical center Read More »
A view of a Carter’s storefront. Courtesy: The William Carter Company Children’s clothing brand Carter’s is undergoing a revamp to better align with the new generation of parents as its namesake company tries to recover from sluggish performance in recent years. The rebrand, announced Tuesday, includes a new logo and marketing campaign that Chief Marketing
Carter’s kids clothing retailer rebrands Read More »
New vehicles parked at a production base of SAIC General Motors Corporation Limited on Sept. 11, 2025, in Shanghai, China. Vcg | Visual China Group | Getty Images A new report casts serious doubt on whether a wave of Chinese cars and SUVs will hit the U.S. by 2030, let alone well into the next
More hybrids, no Chinese entrants Read More »
Brian Moynihan, Chairman and CEO of Bank of America, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images Bank of America is seeing a far more subdued few months for its Wall Street advisory and trading businesses after a
Bank of America (BAC) Q3 investment banking fees to drop over 10% Read More »
Kurt Kelty, GM’s vice president of battery and sustainability, speaks June 9, 2026, during the automaker’s “Empower” event in which it announced the development of sodium-ion batteries for energy storage systems. Courtesy GM DETROIT — General Motors is in the early stages of developing next-generation battery cells that the company believes can reduce U.S. dependence
GM plans U.S. battery development as DOT attacks Ford for China ties Read More »
People shop at a Manhattan grocery store on August 13, 2026, in New York City. Spencer Platt | Getty Images The largest-ever outbreak of cyclosporiasis in the U.S. has ended, the Centers for Disease Control and Prevention said Friday. The foodborne illness sickened 12,833 people in 21 states in recent months in the largest cluster,
Record U.S. cyclosporiasis outbreak is over, CDC says Read More »