Is there a decline in consumer spending? Here's what CEOs are saying – Business News (Trending Perfect)

[ad_1] People walk past Sweetgreen restaurant in Manhattan on September 14, 2023. Jenna Moon | The Washington Post | Getty Images As prices and interest rates continue to rise, Chipotle Burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen remodels are not. The latest round of … Read more

Companies rely on sports after Hollywood strikes – Business News (Trending Perfect)

[ad_1] Brock Purdy #13 of the San Francisco 49ers prepares for a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reeves | Getty Images The media giants relied on the sport last year when they had to … Read more

United Airlines (UAL) Q1 2024 earnings – Business News (Trending Perfect)

[ad_1] A United Airlines Boeing 737 MAX 9 landed at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines The company on Tuesday lowered its forecast for aircraft deliveries for this year as it faces delays Boeingthe latest airline to face growth challenges due to the plane manufacturer's safety crisis. United expects to … Read more

Dr. Martens shares fell to a record low, and trading was halted due to the weak outlook – Global News (Trending Perfect)

[ad_1] Dr. Martens is a shoe brand known for its yellow stitching and patented air-cushioned sole. The brand was adopted by British rockers in the 1970s, but became mainstream during the grunge movement of the 1990s. drmartens.com Shares of Dr. Martens fell 30% on Tuesday to hit a record low in early trading, after the … Read more

Boeing defends 787 Dreamliner safety after whistleblower allegations – Top Stories (Trending Perfect)

[ad_1] An employee works on the tail of a Boeing 787 Dreamliner on the production line at the company's final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing The company on Monday defended quality and safety tests conducted on its 787 Dreamliner and 777 jets, days after one … Read more

Airspace closures across the Middle East have diverted flights as Iran launches a drone attack on Israel – Top Stories (Trending Perfect)

[ad_1] Flightradar24 over the Middle East on April 14, 2024 after Iran launched drone strikes toward Israel. Source: Flight Radar 24 A closure of airspace across the Middle East led to the suspension and diversion of flights on Saturday after Iran launched drones toward Israel. United AirlinesThe Israeli airline resumed flights to Tel Aviv early … Read more

Macy's and Arkhouse's battle for exclusivity continues after proxy settlement – Business News (Trending Perfect)

[ad_1] Shopping bags in front of the Macy's Inc. flagship store. In the Herald Square district of New York, US, on Monday, November 13, 2023. Holiday sales in the United States will grow at a slower pace this year amid economic headwinds such as higher interest rates, the National Retail Federation said. Bing Guan | … Read more

Why Hawaii is becoming a leader in electric vehicle adoption in the United States – Business News (Trending Perfect)

[ad_1] Customers admire a Tesla Model 3 electric car at a Tesla store in Honolulu, Hawaii. Alex Tay | SOPA Photos | Rocket Lite | Getty Images American consumers have been transitioning to all-electric vehicles more slowly than many expected — but Hawaii is a growing leader in electric vehicle adoption. This year, the tropical … Read more

StubHub is eyeing an IPO in the summer, seeking a $16.5 billion valuation – Global News (Trending Perfect)

[ad_1] The StubHub logo appears at its headquarters in San Francisco. Andrei Sokolow | Image Alliance | Getty Images StubHub is eyeing an IPO in the summer, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which was estimated in late 2021 … Read more

Nike's CEO blames remote work for slowing innovation – Business News (Trending Perfect)

[ad_1] Nike President and CEO John Donahue. Source: Nike Nike CEO John Donahue on Friday blamed remote work for the company's lag in innovation, saying it's hard to be disruptive when people are working from home. In an interview with CNBC's Sarah Eisen in Paris, Donahue was asked about the company's lack of fresh new … Read more