An Alaska Airlines Boeing 737 MAX 9 departs Los Angeles International Airport en route to Puerto Vallarta on Sept. 19, 2024. Kevin Carter | Getty Images Alaska Airlines is getting into the industry’s race for high-end credit cards and creating a combined frequent flyer program, called Atmos Rewards, with Hawaiian Airlines, which it acquired last…
Hertz sells hundreds of thousands of vehicles per year, in addition to running its signature car rental business. Courtesy of Hertz Hertz on Wednesday announced it will start selling pre-owned vehicles on Amazon Autos, a move meant to bolster the car rental company’s retail operations as it looks to bring in more profits. Shares of…
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An exterior view of a Lowe’s home improvement store in Selinsgrove. Paul Weaver | Lightrocket | Getty Images Lowe’s beat Wall Street’s earning expectations on Wednesday as demand for home projects picked up during the quarter. The retailer also announced its latest effort to attract more business from home professionals. It said on Wednesday that…
Target’s Chief Operating Officer Michael Fiddelke will take over as CEO from Brian Cornell. Courtesy of Target Target on Wednesday said that company veteran Michael Fiddelke will become its next CEO at a critical point in its effort to break out of a sales slump and win back Wall Street’s favor. Fiddelke, the company’s 49-year-old…
Key Points Analysts suggest Shein’s reported shift of its headquarters back to China could mark a final effort by the retailer to keep its embattled IPO on track. “After years of trying to position itself as a global brand rather than a Chinese fashion company, it’s back to square one,” Perris Lee told CNBC. The…
Visitors attend UGM 2025. Courtesy of Epic Space travelers, robots and, of course, artificial intelligence. They were all on display on Tuesday at Epic Systems’ annual Users Group Meeting, held at the health software giant’s 1,670-acre campus in Verona, Wisconsin. Judy Faulkner, Epic’s 82-year-old CEO, dressed for the occasion in a purple wig with neon…
LOS ANGELES — Singer, actor and reality TV star Tamar Braxton said Tuesday that she “almost died” in a weekend accident that she doesn’t remember. “I was found in a pool of blood from my friend with a face injury,” Braxton wrote in an Instagram post. “I fractured my nose, lost some teeth and mobility.”…
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It’s clear which big box retailer is pulling ahead this earnings season. Victoria Greene, investment chief at G Squared Private Wealth, told CNBC’s “Power Check” on Tuesday that Target has lost its way, while competitor Walmart has a deep understanding of its customers — a divergence that’s sure to bear out when the companies report…
