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MORE FROM BUSINESS

2d ago

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

Mercedes-Benz said company officials “worked with the NLRB to adhere to its guidelines and we will continue to do so” through the objection process.
United Auto Workers president Shawn Fain.
United Auto Workers president Shawn Fain.

Nvidia CEO Jensen Huang's net worth swells from $3 billion to $90 billion in five years

The chipmaker's shares have more than doubled this year after tripling in 2023. They are up about 28-fold in the past five years.
Jensen Huang.
Jensen Huang.

Boeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak

Boeing is now targeting June 1 for the first crewed launch of its spacecraft, with backup opportunities on June 2, June 5 and June 6.
Boeing's Starliner capsule atop an Atlas V rocket
Boeing's Starliner capsule atop an Atlas V rocket
2d ago

Why groceries are so expensive — and how consumers may start to see relief

Certain categories, such as apples and eggs, have declined over the past year. Other items, such as juices and drinks and beef roasts, are up.
People shop at a supermarket
People shop at a supermarket
2d ago

Advertisers boost spending at retailers such as Walmart and Amazon as TV shrinks

Global retail media ad spending is expected to more than double from $114.18 billion in 2023 to $233.89 billion in 2027.
Walmart store in Miami
Walmart store in Miami
3d ago

Taylor Swift and Beyoncé are bridging divides at the office

The boss is wearing friendship bracelets, colleagues are talking about buying cowboy hats, and morale is getting a boost.
A split composite of Taylor Swift and Beyoncé.
A split composite of Taylor Swift and Beyoncé.
3d ago

It wasn't the endless shrimp that pinched Red Lobster. How private equity rolled the seafood chain.

When a private-equity firm bought the iconic seafood chain in 2014, it sold the real estate under the restaurants for $1.5 billion. Then the restaurants struggled to pay the rents.
Image: bankruptcy protection red lobster
Image: bankruptcy protection red lobster

The Justice Department wants to 'break up Live Nation.' Taylor Swift fans are ready for it.

Frustration over the ticketing company began to boil over in late 2022 as fans complained about overloaded presale queues for the domestic leg of Swift’s 2023 "Eras Tour."
Fans in the crowd
Fans in the crowd
3d ago

Oil prices hit three-month lows, head for weekly loss as summer driving season kicks off

OPEC and its allies, led by Russia, will hold a virtual meeting on June 2 to review production policy.
A person fills out their tank.
A person fills out their tank.
3d ago

Frontier CEO urges crackdown on ‘rampant abuse’ of airport wheelchair service

He's seen flights on which 20 people were brought to the planes with wheelchairs but only three were used upon arrival: "We are healing so many people."
Image: A Frontier Airlines plane
Image: A Frontier Airlines plane

Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says

The company’s aircraft deliveries in the first quarter fell to the lowest level since the pandemic.
A Boeing 737 MAX airliner
A Boeing 737 MAX airliner

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