Virgin Orbit scrambles to avoid bankruptcy as deal talks continue

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…

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”…

Microsoft, Nuance announce clinical notes application powered by OpenAI

Velib bicycles are parked in front of the the U.S. computer and micro-computing company headquarters Microsoft on January 25, 2023 in Issy-les-Moulineaux, France. Chesnot | Getty Images Microsoft‘s speech recognition…

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…

Dwayne Johnson on Negative Black Adam Reviews: ‘That’s Just the Business’

Black Adam star Dwayne “The Rock” Johnson spoke a bit about the movie’s mixed reception from critics following its release last October. While at the Oscars, Johnson spoke to Variety…

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…

General Motors’ China business runs into problems

A worker checks the quality of a vehicle before rolling off the assembly line at the production workshop of SAIC General Motors Wuling in Qingdao, East China’s Shandong province, Jan.…

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…