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Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines shares surged Friday after the struggling budget carrier said it would cut jobs and sell aircraft. The stock closed the day 16% higher, at $2.79 per share. The […]
Houston, Boeing has a problem! The embattled aerospace giant — which helped put the first man on the moon — is exploring the sale of some parts of its NASA business, the Wall Street Journal reported on Friday, citing people familiar with the matter. The sale, which is in the early stages and might not […]
A deadly E. coli outbreak linked to McDonald‘s Quarter Pounders has led to 75 cases in 13 states, the Centers for Disease Control and Prevention said Friday, as it investigates the source of the spread. The outbreak has led to 22 hospitalizations and one previously reported death of an older adult in Colorado. Out of […]
Delta Air Lines on Friday sued CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million customers and cost the carrier more than $500 million. Delta’s lawsuit filed in Fulton County Superior Court called the faulty software update from CrowdStrike “catastrophic” and said the firm “forced untested and faulty updates to its […]
In this photo illustration, a McDonald’s Quarter Pounder hamburger meal is seen at a McDonald’s on October 23, 2024 in the Flatbush neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images As McDonald’s and health authorities race to contain a deadly E. coli outbreak, the burger chain faces challenges […]
Mercedes-Benz on Friday said it plans to ramp up cost-cutting efforts after its net profit halved in the third quarter amid weak demand in China. The German automaker cut its full-year profit margin twice during the third quarter, down to 4.7% from 12.4% a year before, as European car companies see their sales falter amid […]
Scout Terra pickup truck and Scout Traveler SUV concepts Scout NASHVILLE, Tenn. — Volkswagen-backed Scout Motors revealed its first electric vehicles Thursday and announced plans for the brand to expand its lineup to include an emerging type of plug-in hybrid electric vehicle in addition to EV models. Scout, a former American vehicle brand from 1961 […]
Hedge fund honcho Marc Lasry was accused of sexual harassment in a lawsuit by a former executive at his firm – less than a week after the billionaire lodged his own complaint claiming that she was trying to extort him for $50 million. Lasry — the co-founder of Avenue Capital Group and a major fund-raiser […]
Boeing 737 fuselages on railcars at Spirit AeroSystems’ factory in Wichita, Kansas, on July 1, 2024. Nick Oxford | Bloomberg | Getty Images Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists’ strike stretches beyond Nov. 25, a company spokesman told CNBC Thursday. Boeing’s machinists, whose strike is about […]
McDonald’s scrambled on Wednesday to contain the damage from an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others, as it pulled the menu item from restaurants across a dozen states. The outbreak has sickened people across the US West and Midwest, with 10 hospitalized due to […]
