Business - Page 5

The latest updates and key developments from the business world.

December 10, 2025

Southwest explores launching its own lounge network

A push to capture premium travelers Southwest Airlines is weighing a major shift in its customer experience strategy: building a network of airport lounges. CEO Bob Jordan said in an interview that

December 9, 2025

Eli Lilly plans $6 billion plant in Alabama

New facility expands U.S. manufacturing footprint Eli Lilly announced Tuesday that it will invest $6 billion in a new manufacturing complex in Huntsville, Alabama, aimed at significantly increasing production of its experimental

December 5, 2025

Netflix to acquire Warner Bros Discovery for $72 billion

Streaming giant makes bold move into Hollywood’s studio elite Netflix has agreed to buy Warner Bros Discovery for $72 billion, gaining control of some of Hollywood’s most iconic film and TV franchises.

Microsoft Hits $4 Trillion Milestone on Cloud Momentum

by Jamie Spencer

Strong Earnings and AI Confidence Fuel Market Surge Microsoft reached a major financial milestone on Thursday as its market capitalization surpassed $4 trillion, joining Nvidia as one of only two publicly traded

July 31, 2025

Union Pacific Seeks $85B Merger With Norfolk Southern

by Jamie Spencer

Transcontinental Rail Giant in the Making Union Pacific has proposed an $85 billion acquisition of Norfolk Southern, a landmark deal that would create the first U.S. transcontinental freight railroad. The merger would

July 29, 2025

Boeing Cuts Losses as Aircraft Deliveries Surge

by Jamie Spencer

Strongest Quarter for Deliveries Since 2018 Boeing reported a significant improvement in its second-quarter performance, with the company delivering 150 aircraft — its highest since 2018 — and reducing losses compared to

July 29, 2025

Starbucks Sees Sales Slide, But CEO Signals Turnaround

by Jamie Spencer

Same-Store Sales Decline for Sixth Straight Quarter Starbucks reported a 2% global same-store sales drop in its fiscal third quarter, marking the sixth consecutive quarterly decline. Despite that, CEO Brian Niccol remains

July 29, 2025

Volkswagen Cuts Forecasts After $1.5B Tariff Blow

by Jamie Spencer

Trade War Hits VW’s Bottom Line Volkswagen reported a €1.3 billion ($1.5 billion) first-half hit from U.S. tariffs, prompting the German automaker to slash its 2025 full-year sales and profit margin forecasts.

July 25, 2025

Intel Shares Plunge After Foundry Strategy Shakeup

by Jamie Spencer

Strong Earnings Overshadowed by Manufacturing Uncertainty Intel’s stock tumbled more than 8% on Friday, despite better-than-expected second-quarter earnings. The sharp decline came as investors reacted to the company’s plan to slash foundry

July 25, 2025

Nvidia Responds to Smuggling Claims, Defends Chip Policy

by Jamie Spencer

Unauthorized Chip Use in China Sparks Firm Rebuke Nvidia issued a strong statement denouncing the illegal use of its chips in Chinese data centers, calling it a “losing proposition” for companies trying

July 24, 2025

Chipotle Slashes Sales Outlook Amid Traffic Decline

by Jamie Spencer

Second Consecutive Forecast Cut as Consumer Visits Drop Chipotle Mexican Grill has lowered its outlook for same-store sales in 2025, expecting flat growth instead of the modest increase it previously anticipated. The

July 24, 2025

CN Lowers Forecast as Trade Uncertainty Clouds Outlook

by Jamie Spencer

Rail Giant Withdraws Multi-Year Guidance, Cites Tariff Disruption Canadian National Railway has pulled its long-term financial guidance, citing persistent uncertainty around tariffs and international trade. The Montreal-based company reported modest profit growth

July 23, 2025

7-Eleven Owner Rebuts Couche-Tard’s Failed Deal Claims

by Jamie Spencer

Seven & i Accuses Couche-Tard of Misrepresenting Negotiations The parent company of 7-Eleven, Seven & i Holdings, has issued a firm response to Couche-Tard’s explanation for the breakdown of their takeover negotiations.

July 23, 2025

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