United Airlines is weighing fleet plans without the Boeing 737 Max 10 after a series of delays and most recently, the grounding of a smaller variant of the plane, the carrier’s CEO said Tuesday. The Max 10 is the largest model of the plane and hasn’t yet been certified by the Federal Aviation Administration. United … Read more
Alibaba co-founders Jack Ma and chairman Joe Tsai, in front of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Sept. 19, 2014. Scott Eels | Bloomberg | Getty Images Alibaba co-founders Jack Ma and Joe Tsai have acquired shares worth hundreds of millions of dollars on the open market, according to … Read more
The 2025 Chevrolet Equinox RS. Chevrolet DETROIT — General Motors is redesigning its gas-powered Chevrolet Equinox crossover to look more rugged than its predecessors in an attempt to move the vehicle upmarket and attract new buyers. The 2025 Equinox, which GM revealed Tuesday, will feature additional standard safety and convenience features. Brad Franz, director of … Read more
An Amazon logistic site in Bretigny-sur-Orge, some 30 km south of Paris, pictured on November 22, 2023. Dimitar Dilkoff | Afp | Getty Images A French regulator announced Tuesday it had fined the manager of Amazon’s large warehouses in France 32 million euros ($34.7 million) for excessive monitoring of its employees. The French Data Protection … Read more
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019. Justin Sullivan | Getty Images United Airlines on Monday forecast a first-quarter loss due to the Federal Aviation Administration’s grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska Airlines … Read more
Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE’s flagship program Raw starting next year, in Netflix’s first major foray into live sports. The deal 10-year deal is valued at more than $5 billion, according to a person familiar with the matter. Netflix, which is trying to drive revenue … Read more
Good morning! It’s Monday, January 22, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Electric Vehicle Stocks Are Down Bad Tesla’s stock is having a … Read more
The stock trading graph of Johnson & Johnson is seen on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Johnson & Johnson on Tuesday reported fourth-quarter earnings and revenue that narrowly edged out Wall Street’s expectations as sales in the company’s pharmaceutical and medical devices businesses surged. J&J also provided full-year … Read more
Signage for Citadel Investment Group LLC hangs outside their office in Chicago, Illinois, U.S. Bloomberg | Getty Images The world’s top hedge funds raked in record profits last year amid a resurgence in stock markets, new analysis showed. The 20 leading fund managers made $67 billion in investor profits in 2023, up from the $65 … Read more
Ma ”Pony” Huateng, chairman and chief executive officer of Tencent Holdings Ltd., speaks during the Guangdong-Hong Kong-Macao Greater Bay Area Forum in Hong Kong, China, on Tuesday, June 20, 2017. In an unusual move, Ma has chosen to convene a summit of government academics and business chieftains in Hong Kong days before the 20th anniversary … Read more
