Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Virgin Orbit is scrambling to secure a funding lifeline and avoid bankruptcy, which could come…
Category: Business
Foot Locker touts renewed Nike relationship, posts earnings
Foot Locker plans to open dozens of Power stores across the U.S. over the next few years. Source: Foot Locker Foot Locker CEO Mary Dillon on Monday touted a “renewed”…
Starbucks CEO Laxman Narasimhan takes over early
Starbucks CEO Howard Schultz, left, with incoming CEO Laxman Narasimhan, Sept. 7, 2022. Source: CNBC Starbucks on Monday said that Laxman Narasimhan has officially become CEO, nearly two weeks earlier…
Organized crime is plaguing retailers, spurring debate
America’s biggest retailers say organized retail crime has grown into a multibillion-dollar problem, but the effectiveness of their strategies to solve it and the validity of the data overall have…
Disneyland’s reopens Toontown with inclusive design
Mickey Mouse, Minnie, Donald, Daisy, Clarabelle, Goofy, Pluto and Pete stand outside Mickey’s house in the refurbished Toontown at Disneyland. Disney Parkgoers at Disneyland in Anaheim, California, will finally be…
Astra outlines plan to avoid Nasdaq stock delisting
A view from onboard the upper stage of rocket LV0009 during the company’s livestream on March 15, 2022. Astra / NASASpaceflight Spacecraft engine manufacturer and small rocket builder Astra on…
FedEx (FDX) earnings Q3 2023
In this photo FedEx logo is seen in Washington D.C., United States on February 16, 2023. Celal Gunes | Anadolu Agency | Getty Images FedEx on Thursday hiked its full-year…
Ultra-cheap, late-night Northeast corridor routes
People walk to an Amtrak train in the Moynihan Train Hall on September 15, 2022 in New York City. Spencer Platt | Getty Images Night owls (or extra early birds)…
Retailers roll out recession playbook
A woman carries bags of merchandise from J.Crew, Nordstrom, UGG, and Victorias Secret at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela…