Business

Signed playbills are seen backstage ahead of The Phantom of the Opera’s final performance on April 16 after 35 years on Broadway in New York City, April 12, 2023. Andrew Kelly | Reuters After more than three decades, Broadway’s longest-running musical, “The Phantom of the Opera,” is coming to an close on Sunday. The show

In this article WMT EXPR DKS Follow your favorite stocksCREATE FREE ACCOUNT A garment factory worker packing Bonobos brand shirts in a factory in Hanoi, Vietnam. Manan Vatsyayana | AFP | Getty Images Walmart has sold menswear brand Bonobos to brand management firm WHP Global and Express in a $75 million deal announced Thursday. It’s

In this article QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. Justin Sullivan | Getty Images Seven months after Burger King unveiled a strategy to revive its U.S. business, the chain is selling more Whoppers than ever

In this article AAL LUV SPR BA Follow your favorite stocksCREATE FREE ACCOUNT An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing‘s warning that a production quality problem will

Today’s homebuyers are exceptionally sensitive to mortgage rates with house prices so high — and they’ve found their tipping point. After years of government intervention following the great recession and the first years of the Covid-19 pandemic that kept mortgage rates artificially low, today’s buyers have a skewed view of what “normal” mortgage rates are.

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT JB Perrette, President and CEO of Warner Bros. Discovery Global Streaming and Games, speaks onstage during a Warner Bros. Discovery Streaming Press Event on April 12, 2023 in Burbank, California. Jeff Kravitz | Getty Images Humble as he may be, Warner Bros. Discovery CEO David

In this article BBY Follow your favorite stocksCREATE FREE ACCOUNT Best Buy logos and store in South Edmonton Common. Friday, May 20, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Best Buy said Friday that it is laying off hundreds of store workers across the country as more of its shoppers

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Bloomberg | Getty Images Walmart Chief Merchandising Officer Charles Redfield is stepping down next month. Walmart U.S. CEO John Furner said in an employee memo on Friday that Redfield will leave the role on May 1 to spend more time with his family.

In this article SPR BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing 737 Max airplanes sit parked at the company’s production facility on November 18, 2020 in Renton, Washington. David Ryder | Getty Images Boeing on Thursday warned it will likely have to reduce deliveries of its 737 Max airplane in the near term because

In this article LCID LCID Follow your favorite stocksCREATE FREE ACCOUNT With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Luxury electric vehicle maker Lucid Group said late Thursday that it produced 2,314 of its Air sedans in the first quarter. But it

COOLIDGE, Arizona – From engines to landing gear, the hunt is on for aircraft parts as airlines prepare their jets for swarms of summer travelers, with new planes from Boeing and Airbus still in short supply. The search for parts leads some aircraft owners here, where older, retired planes are stripped for parts that will

In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT Airbus A330 Neo widebody aircraft meant for Delta airlines being tested in Toulouse, France. Nurphoto | Nurphoto | Getty Images Delta Air Lines posted a wider loss than it previously estimated for the first three months of the year but forecast revenue growth and profits

The headquarters of National Public Radio in Washington, D.C. Saul Loeb | AFP | Getty Images NPR said Wednesday it will stop sharing content on Twitter after the social media company labeled NPR “state-affiliated media,” a term also used for Russia- and China-based propaganda outlets. The news outlet’s organizational accounts will no longer post new

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Milly Alcock as Rhaenyra Targaryen in HBO’s “House of the Dragon,” a prequel to “Game of Thrones.” Warner Bros. Discovery Warner Bros. Discovery on Wednesday unveiled its new blended streaming service of HBO Max and Discovery+, called “Max.” Warner Bros. Discovery executives have been planning

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet General Motors said Tuesday its venture capital arm will lead a $50

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Customers shop at a Walmart store on May 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images Walmart announced Tuesday it will abruptly close four underperforming Chicago stores, citing millions in annual losses. The company said its eight Chicago stores collectively have not been

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT BROOKSVILLE, Fla. — At first glance, this warehouse looks like many: Forklifts unload pallets from the back of dozens of tractor trailers. Canned soup, soda and cleaning supplies whiz by on conveyer belts. Store-bound merchandise gets sorted by department and store aisle before getting stacked

A detailed view of the new Washington Commanders uniforms following the announcement of the Washington Football Team’s name change to the Washington Commanders at FedExField on February 02, 2022 in Landover, Maryland. Rob Carr | Getty Images The NFL’s Washington Commanders will pay $625,000 to settle allegations brought by the Washington, D.C., attorney general that

In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A customer leaves a Bed, Bath and Beyond store on August 31, 2022 in Oakland, California. Justin Sullivan | Getty Images Bed Bath & Beyond wants shareholders to approve a reverse stock split at an upcoming special meeting, as the retailer keeps working to avoid

Brooklyn Brewery hosts a Thursday trivia night on March 30. Noah Sheidlower | CNBC Megan Fitzgerald has always been a trivia fan, but as the director of brand experience at Talea Beer Co. in Brooklyn she wasn’t convinced it would be a good fit for the female-founded brewery. In February, she begged friends to come