Business
Restaurants are rebounding — but Starbucks and McDonald’s still have work to do
Starbucks is expected to report its quarterly earnings on Tuesday, kicking off several weeks of reports from restaurant companies as investors anticipate...
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Frontier Airlines proposes merging with fellow budget carrier Spirit — again
Frontier Airlines said Wednesday it has again proposed merging with struggling rival Spirit Airlines, which is in bankruptcy. Frontier and Spirit first announced...
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Amazon taps Whole Foods CEO to oversee grocery business
Amazon has tapped Whole Foods CEO Jason Buechel to oversee its sprawling grocery business, the company announced Monday. Doug Herrington, the company’s worldwide...
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Starbucks shakes up its leadership again, adding two former Taco Bell executives
Starbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time...
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DeepSeek hit with large-scale cyberattack, says it’s limiting registrations
DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services, though existing...
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Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by...
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Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the...
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Government workers dismayed by Trump’s return-to-office mandate
When the Trump administration announced a return-to-office mandate this week, it stated Americans “deserve the highest-quality service from people who...
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Target rolls back DEI initiatives, the latest big company to retreat
Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce...
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American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on...
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