JetBlue Raises Bag Fees as Fuel Costs Jump
JetBlue Airways is increasing checked baggage fees as fuel prices surge in the wake of the war involving Iran, adding another sign that higher energy costs are beginning to reach U.S. travelers
Netflix Lifts Prices Across All Plans
Streaming leader raises monthly rates again Netflix has increased prices across its U.S. subscription lineup, pushing monthly costs higher for every main plan as the company leans on pricing power to support
Meta layoffs clash with massive exec pay plan
Job cuts and billion-dollar incentives highlight a company in transition toward artificial intelligence Meta has entered another turbulent phase, cutting hundreds of jobs while simultaneously unveiling an executive compensation plan that could
GM Plans to Offset Up to 50% of Trump’s Auto Tariffs
General Motors (GM) CEO Mary Barra said Tuesday that the company has contingency plans in place to mitigate between 30% and 50% of the potential tariffs President Donald Trump is threatening to
Nokia Appoints Justin Hotard as New CEO Amid AI Shift
Nokia (NOKIA.HE) announced on Monday that Pekka Lundmark will step down as CEO, with Justin Hotard set to take over the role on April 1. Hotard, an executive at Intel (INTC.O), brings
Meta Lays Off 4,000 Workers in Latest Cost-Cutting Move
Meta is laying off thousands of employees as part of its latest push for higher productivity, according to a Business Insider report. The cuts, affecting about 5% of the company’s workforce, will
UK Retailers Urge Government to Close Tax Loophole
Retailers and tax campaigners are calling on the UK government to close a loophole that allows companies like Shein and Temu to flood the market with cheap imports, avoiding taxes and undercutting
Temu Shifts Strategy After U.S. Ends Tax Loophole
Chinese online retailer Temu is promoting more products from U.S. warehouses after former President Donald Trump revoked the long-standing de minimis tax exemption. The move, part of a broader tariff increase on
Nissan Drops Honda Merger Talks, Seeks New EV Partner
Nissan is preparing to pull out of merger discussions with Honda as it looks for a new partner to accelerate its transition to electric vehicles (EVs). The talks, which began in December
Pfizer Beats Q4 Estimates, Eyes Growth Beyond Covid Products
Pfizer (PFE) reported fourth-quarter earnings on Tuesday that surpassed analyst expectations, driven by higher-than-expected demand for its Covid products and ongoing cost-cutting efforts. Q4 Earnings Highlights Despite the earnings beat, Pfizer stock
Starbucks CEO Promises Growth But Stays Cautious on Timeline
Starbucks (SBUX) CEO Brian Niccol is committed to brewing a turnaround, but he’s not yet ready to give a definitive timeline. That hasn’t stopped Wall Street from showing confidence, as shares of
Chevron, GE Vernova Partner to Power AI Data Centers
Chevron Corp., investor Engine No. 1, and GE Vernova Inc. have announced a partnership to develop natural gas-fired power plants adjacent to data centers. The initiative aims to support the growing energy
HSBC to Wind Down M&A and Equity Capital Markets in the West
HSBC is preparing to exit its M&A and equity capital markets businesses in the U.K., Europe, and the U.S. as part of a broader restructuring of its investment banking operations. The decision