Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market…
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Hermès lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders
Hermès is being targeted in a new lawsuit accusing the luxury retailer of selling its coveted Birkin handbags only to customers who have…
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Disney’s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable…
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Former Disney CEO Bob Chapek breaks silence, says there’s no strategic need for ESPN partners
In his first public comments since Disney fired him as CEO in November 2022, Bob Chapek told CNBC he sees no reason for Disney-owned ESPN…
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JetBlue to leave Kansas City, trim service from Los Angeles and Fort Lauderdale amid financial trouble
JetBlue is ending service to and from Kansas City as part of a broader route reorganization in the wake of a federal judge’s…
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Joann Fabrics and Crafts has filed for Chapter 11 bankruptcy protection as it seeks to reorganize its finances. In a release accompanying its…
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United Airlines CEO responds to string of safety incidents that have rattled passengers
United Airlines CEO Scott Kirby is seeking to reassure passengers after a string of safety incidents raised concerns. In a letter sent out…
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EPA bans asbestos, a deadly carcinogen still in use decades after a partial ban was enacted
The Environmental Protection Agency on Monday announced a comprehensive ban on asbestos, a carcinogen that is still used in some chlorine bleach, brake pads…
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A Trader Joe’s-branded cashew product sold in 16 states is being recalled over salmonella contamination concerns. In a notice posted on the Food…
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What the National Association of Realtors’ settlement means for consumers and brokers
A groundbreaking $418 million settlement announced Friday by the powerful National Association of Realtors is set to usher in the most sweeping reforms…