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Breaking News: Business

UAW leader says strike would send Biden a message

by Adam Aitken

A strike by the United Auto Workers union against the Detroit automakers would help President Joe Biden and other politicians pick a side when it comes to organized labor, UAW …

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Warner Bros. Discovery CEO says writers, actors strikes need to end

by Claribel Alegria

Warner Bros. Discovery CEO David Zaslav. Olivia Michael | CNBC The media industry is in a transitional moment — from streaming to traditional TV — and the focus needs to …

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Polestar (PSNY) earnings Q2 2023

by Francesco Algarotti

The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software. Courtesy: Polestar Swedish electric vehicle maker Polestar on …

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Inside story of Iger and Chapek

by Betti Alver

Illustration by Elham Ataeiazar After pushing back his retirement four times, Bob Iger finally made the leap. On Feb. 25, 2020, he announced he would step down as Disney’s CEO. …

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Why airlines aren’t boarding planes the most efficient way

by Leila Aboulela

Whenever you’re traveling somewhere by plane, you have to pack, get to the airport, go through security, find your gate and — in the last step before you can finally …

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Biden hails dockworker union contract as UAW deadline nears

by Peter Abrahams

The loading and unloading of cargo freighters has been suspended at all 29 U.S. West Coast ports this weekend because of chronic slowdowns on the docks that shippers and terminal …

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Roku to lay off 10% of workforce, stock jumps

by Adam Aitken

Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku said it will lay off 10% of its workforce, or about 360 …

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Why UAW strikes at GM, Ford, Stellantis seem inevitable

by Francesco Algarotti

Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto …

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Comcast, Disney move up deadline to decide Hulu future ownership

by Claribel Alegria

Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images The timeline to decide Hulu’s ownership fate has been moved up, Comcast CEO Brian Roberts said Wednesday. Comcast and …

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Airlines warn about spike in fuel costs, Southwest narrows revenue outlook

by Leila Aboulela

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan …

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