Business

PepsiCo on Thursday reported quarterlyearningsand revenue that topped analysts’ expectations, fueled by international growth as its North American business continues to lag. With one quarter left in 2026, the company also lowered its forecast for its full-year earnings, as its struggles in its home market weigh on profits. Pepsi expects core earnings per share to
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Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as president and chief product officer, effective later this month. The move marks the latest shake-up among the top executives in the increasingly competitive athleisure space: Gauger joined Athleta from Nike only last year. Lululemon said Gauger’s job is a newly created role.
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Constellation Brands beat quarterly earnings and revenue expectations as its beer brands gained market share, but continued consumer caution tempered results. As it navigates high food and fuel prices and choosy shoppers, Constellation is turning to special occasions and diversification to help drive sales. The maker of Modelo Especial, Corona and Pacifico on Tuesday reported
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Quarterback Sam Darnold of the Seattle Seahawks celebrates with the Vince Lombardi Trophy after his team won Super Bowl LX against the New England Patriots, at Levi’s Stadium in Santa Clara, California, Feb. 8, 2026. Ronald Martinez | Getty Images Sport | Getty Images Disney announced Wednesday that its streaming service Disney+ will air the
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British Airways is building what it calls the “world’s largest” business-class cabin and ripping out dozens of coach-class seats, the starkest example yet of how airlines are betting their future on high-spending travelers. The changes are part of a massive overhaul of the British Airways fleet and its ground services, including lounges at its London
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It’s been just over a year since Paramount Skydance set out to buy one of Hollywood’s most iconic institutions. After repeated rejections, a subsequent bidding war, a series of regulatory approvals, an antitrust challenge by state attorneys general and a timely settlement, the David Ellison-run company completed its acquisition of Warner Bros. Discovery on Tuesday.
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Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Lucid Group reported a 6.7% decrease in year-over-year vehicle deliveries during the third quarter, after the embattled all-electric vehicle maker cut production to better align with slower customer demand.
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AstraZeneca CEO Pascal Soriot told CNBC on Monday that Summit Therapeutics‘ lead drug could help power next-generation cancer treatment combinations that could be the “future of cancer care.” Soriot’s comments in an exclusive interview with CNBC come a week after the pharmaceutical giant announced a $2 billion equity investment and clinical collaboration with the biotech
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Paramount Skydance CEO David Ellison and incoming co-CEO Ynon Kreiz on Monday announced the executives who will help lead Skydance, the soon-to-be merged Paramount Skydance and Warner Bros. Discovery, after the deal closes on Tuesday. The full leadership team brings together executives from both companies and will report to Ellison and Kreiz, according to a
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Entertainment Person of the Year, Mattel’s Chairman and CEO Ynon Kreiz speaks during the “Entertainment Person of the Year Seminar: Mattel’s Ynon Kreiz” session at Debussy Theatre during the Cannes Lions International Festival Of Creativity 2024 – Day Five on June 21, 2024, in Cannes, France. Richard Bord | Wireimage | Getty Images David Ellison
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2024 Chevrolet Corvette E-Ray hybrid sports car GM DETROIT — General Motors plans to introduce hybrid models into its U.S. lineup as sales of the vehicles continue to grow amid inflated gas prices and a pullback in all-electric cars. Mike Anderson, GM’s vice president of propulsion engineering, reconfirmed the automaker’s hybrid plans, but declined to
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Chick-fil-A location in New York City, Aug. 6, 2026. Marcin Golba | Nurphoto | Getty Images With restaurants as far-flung as Singapore, Chick-fil-A has expanded far beyond its Southeastern stronghold in recent years, but CEO Andrew Cathy still wants the family-owned business to stay true to its roots. Nearly five years ago, Cathy succeeded his
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