Three senior Boeing executives including its CEO are stepping down, the company said Monday, as the company continues to deal with an ongoing scandal and federal investigation into the safety of its passenger jets. CEO…
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Business
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The parent company of Chrysler and Dodge is recalling a total of 318,000 vehicles over air bag parts that can potentially shatter and cause injury. The parent, Stellantis, said in documents posted on the National…
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The process of buying a home has seemingly never been simpler: Find a property on a listings website like Zillow, Redfin or Trulia; reach out to the listing agent; tour the property; and make an…
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Business
Former Disney CEO Bob Chapek breaks silence, says there’s no strategic need for ESPN partners
In his first public comments since Disney fired him as CEO in November 2022, Bob Chapek told CNBC he sees no reason for Disney-owned ESPN to add minority partners. “Strategically, I don’t really see a benefit in…
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Business
WeightWatchers CEO apologizes to body positivity influencer after Oprah special on weight loss drugs
The CEO of WW, the weight loss company also known as WeightWatchers, apologized to a body positivity advocate for the company’s role in contributing to ‘toxic’ diet culture in the past. On Wednesday, WW CEO…
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Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019. The 19-year-old website that hosts millions of online forums priced…
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Business
Hermès lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders
Hermès is being targeted in a new lawsuit accusing the luxury retailer of selling its coveted Birkin handbags only to customers who have spent exorbitant amounts of money at the store on other goods. The…
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Disney’s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month…
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Target is ratcheting up bonuses for salaried employees, including leaders in stores and across supply chains, thanks to a surge in profits. The move comes thanks to $2 billion in additional profit growth for 2023,…
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The process of buying a home has seemingly never been simpler: Find a property on a listings website like Zillow, Redfin or Trulia; reach out to the listing agent; tour the property; and make an…