Jamie Dimon says JPMorgan Chase could spend $20 billion on acquisition: ‘We are on the lookout’
A $20 billion deal would be among the largest in JPMorgan’s history and could invite regulatory scrutiny given its position as the largest U.S. bank...
Author : Douglas L. Grider
Lululemon settles proxy battle with founder Chip Wilson, agrees to two board nominees
Lululemon has been battling with founder Chip Wilson since December, as he says the company has lost its strategic vision and needs a new board...
AutoZone stock has worst day in four years, despite retailer beating Wall Street estimates
Concerns include international growth and margin compression as well as pressures from inflation, energy costs and potential supply chain disruptions....
American Airlines picks SpaceX’s Starlink for in-flight Wi-Fi on more than 500 planes
American Airlines said it will install SpaceX’s Starlink for inflight Wi-Fi on more than 500 of its airplanes....
Move over, seltzer. Non-carbonated drinks are taking the spotlight
Non-carbonated alcoholic drinks like Surfside and BeatBox are stealing “share of throat” from hard seltzers, particularly among Gen Z....
High fuel prices test limits of summer vacation spending
The unofficial start of the summer travel season on Memorial Day weekend will show just how much travelers want to fly and how much they’re...
Two top Walmart executives leave company under new CEO John Furner
Tom Ward, chief operating officer of Walmart’s warehouse chain Sam’s Club, is retiring, and Cedric Clark, Walmart’s EVP of U.S. store operations, is leaving....
Wall Street thinks IMAX is ripe for a sale. Here’s who could buy it
A source told CNBC that IMAX has held “preliminary talks” through intermediaries, but no official pitches have been made by the company....
Stellantis CEO sees opportunity in growing partnerships, bringing China-branded vehicles to North America
Stellantis CEO Antonio Filosa said there could be an opportunity to bring Chinese-branded vehicles into Mexico and potentially Canada, but not the U.S....
Trump administration says new EPA rules will save you money at the supermarket. It’s not clear they will
Trump delayed Biden-era EPA refrigerant rules, saying the move will lower grocery costs, though the impact on food prices remains unclear....