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Breaking News: Business

Nokia brand owner launches Barbie phone for $130 — with no internet

The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise.HMDHMD, the company behind Nokia-branded phones, launched a Barbie-branded...

Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol

Starbucks announced Tuesday it's replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol, sending its stock soaring more than 20%, on pace for its...

Pressure mounting on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders

David Zaslav attends the world premiere of "The Flash", in Hollywood, Los Angeles, California, U.S., June 12, 2023.Mike Blake | ReutersWarner Bros. Discovery CEO...

In a reversal, Disney’s media assets are starting to generate more excitement than its parks

A scene from Disney and Pixar's film "Inside Out 2."Courtesy: 2024 Disney | PixarHere's a surprise: Disney's media business isn't weighing down the company...

Disney beats estimates as combined streaming services turn a profit

Disney reported its fiscal third-quarter earnings Wednesday, topping analyst estimates as its combined streaming businesses turned a profit earlier than expected.Here is what Disney...

Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A....

Boeing reports wider-than-expected loss, weaker revenue

Boeing on Wednesday reported a bigger quarterly loss and weaker revenue than analysts expected as both its commercial airplane and defense programs continued to...

McDonald’s earnings, revenue miss estimates as consumer pullback worsens

McDonald's on Monday reported quarterly earnings and revenue that missed analysts' expectations as same-store sales declined across every division."Industry traffic has declined in major markets like...

GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed

2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package.DETROIT — General Motors' newest Chevrolet Corvette will be the most powerful version of the American...

Southwest to get rid of open seating, offer extra legroom in biggest shift in its history

A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024.Mike Blake | ReutersSouthwest Airlines is ending open seating and will offer...

Farnborough Air Show kicks off with $51 billion in deals as Airbus shows off new ultra long-haul jet

An Airbus A321-XLR takes part in an air display on the opening day of the Farnborough International Airshow 2024, south west of London, on...

Britain sees low-alcohol beer sales boom during Euros soccer championship

People watch England play Spain in the Euro Cup final shown at the Pub on the Park in London Fields on the 14th of...

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