General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% […]
Posted in month:
December 2023
Bull on the tracks delays trains in New York, New Jersey
It really is a bull market out there. A wayward bull that somehow got loose on New […]
Southwest CEO vows last year’s Christmas meltdown ‘will never happen again’
With the peak Christmas travel season just days away, Southwest Airlines’ CEO vowed that the carrier […]
GM to lay off 1,300 Michigan workers as vehicles end production
DETROIT — General Motors plans to lay off about 1,300 workers in Michigan starting early next year […]
Delta beefs up Austin flights in battle for fast-growing airport
Delta Air Lines is adding more flights next year at Austin-Bergstrom International Airport, in a bid […]
Roku stock soars 30% on third-quarter revenue beat, solid outlook
Shares of Roku soared Thursday, a day after the company reported better-than-expected revenue for the third quarter. […]
Starz to lay off more than 10% of employees ahead of Lionsgate spinoff
Starz, the premium network and streaming service that will soon be its own publicly traded […]
Disney hires veteran PepsiCo finance chief Hugh Johnston as new CFO
Disney said Monday that Hugh Johnston, longtime chief financial officer of PepsiCo, will join the company as […]
Disney’s board is in focus as activist investor Nelson Peltz considers his next move
Company boards tend to want to stay out of the spotlight. Activist investor Nelson Peltz […]
Warner Bros. Discovery stock sinks 19% as ad revenue falls, Zaslav warns of ‘generational disruption’
Warner Bros. Discovery shares fell Wednesday after the company reported a decline in advertising revenue, a […]