Business

In this article PEP WEN Follow your favorite stocksCREATE FREE ACCOUNT A “Now hiring” sign is displayed outside of a Wendy’s in Miami, Florida, on Oct. 8, 2021. Joe Raedle | Getty Images Wendy’s has tapped PepsiCo veteran Kirk Tanner as its new chief executive, effective Feb. 5, as the burger chain tries to boost

In this article M Follow your favorite stocksCREATE FREE ACCOUNT People cross the street outside Macy’s Herald Square store on December 17, 2023 in New York City.  Kena Betancur | Corbis News | Getty Images Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations

Nelson Peltz David A. Grogan | CNBC Disney and its investors are going to start hearing a lot from activist investor Nelson Peltz. In the coming weeks, Peltz’s Trian Fund Management plans to post on X and add content to its website RestoreTheMagic.com as a crescendo to launching a dense white paper explaining its case

Clothes at the Shein headquarters in Singapore on June 19, 2023. Ore Huiying | Bloomberg | Getty Images China’s powerful internet regulator is conducting a security review of Shein as the fast-fashion giant gears up for its highly anticipated U.S. initial public offering, CNBC has learned.  The Cyberspace Administration of China is reviewing Shein’s supply

In this article JBLU SAVE Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines is on shaky footing after JetBlue Airways‘ proposed $3.8 billion takeover

In this article SAVE JBLU Follow your favorite stocksCREATE FREE ACCOUNT JetBlue Airways planes are seen near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on May 16, 2022. Joe Raedle | Getty Images News | Getty Images Shares of Spirit Airlines fell about 23% Wednesday, its second day of

In this article LHX LMT Follow your favorite stocksCREATE FREE ACCOUNT Lockheed Martin’s Tranche 0 Transport Layer satellites are seen in one of the company’s processing facilities. Lockheed Martin The Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris, Lockheed Martin and Sierra Space to build satellites for an expanding military

In this article JBLU SAVE Follow your favorite stocksCREATE FREE ACCOUNT LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC A federal judge blocked JetBlue Airways‘ purchase of budget rival Spirit Airlines after the Justice Department sued to stop the merger, alleging it would drive up fares

In this article QSR-CA QSR TAST Follow your favorite stocksCREATE FREE ACCOUNT Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International is buying Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for about $1 billion in cash. Restaurant Brands will

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT — Monday marks 10 years of Mary Barra’s tenure as CEO of General Motors, ushering in a crucial year for the Detroit automaker and for her legacy.

In this article ALK Follow your favorite stocksCREATE FREE ACCOUNT A display showing the ‘fasten your seatbelt’ sign and the ‘no smoking’ sign illuminated on board an aircraft. Jeff Overs | BBC News & Current Affairs | Getty Images You trudge down the aisle to your seat. You double- and triple-check that you’ve arrived at

In this article PFE ADCT Follow your favorite stocksCREATE FREE ACCOUNT Medical personnel use a mammogram to examine a woman’s breast for breast cancer. Hannibal Hanschke | dpa | Picture Alliance | Getty Images SAN FRANCISCO — An established but promising group of cancer drugs was a red-hot market in 2023, and more companies could