Nike cuts 1,400 roles in second round of layoffs this year
Nike announced 1,400 layoffs, primarily in its technology department, on Thursday after cutting 775 jobs in January....
Author : Douglas L. Grider
Starbucks’ loyalty program changes are drawing value-conscious customers
Starbucks made some major changes to its long-standing loyalty program last month....
Warner Bros. Discovery shareholders to vote on Paramount deal
Warner Bros. Discovery will hold a special meeting on Thursday for shareholders to vote on Paramount’s proposed acquisition of the company....
Lululemon names former Nike exec Heidi O’Neill as new CEO
Lululemon announced on Wednesday that it has chosen former Nike executive Heidi O’Neill as its new CEO, effective in September....
Convenience store owner Yesway is stealing customers from fast-food chains, CEO says
Yesway made its public market debut on Wednesday, trading on the Nasdaq Stock Exchange under “YSWY.”...
Trump administration in advanced talks for Spirit Airlines rescue package, source says
The Trump administration is preparing to rescue ailing budget carrier Spirit Airlines....
Boeing narrows loss as aircraft deliveries rise, says it expects new 737 Max certifications this year
Boeing expects certification of new Max 7 and 10 models later this year, with deliveries starting in 2027....
United Airlines slashes 2026 forecast as fuel costs surge
The carrier’s first-quarter earnings topped Wall Street’s expectations....
Amazon launches GLP-1 weight loss program, promising ‘fast, convenient’ access
Through Amazon Pharmacy, patients will be able to access medications including Novo Nordisk’s Wegovy as well as newer oral GLP-1 options....
UPS and FedEx have begun filing for some tariff refunds
UPS and FedEx have begun filing requests for some tariff refunds through the government’s refund process, but those funds could take months to reach customers....