In a landscape that continually shifts due to evolving market demands and consumer behaviors, American Airlines is currently in discussions to designate Citigroup as its sole credit card partner, thereby terminating its lengthy collaboration with Barclays. This proposed transition marks a significant change following a partnership that has been in place since American Airlines’ acquisition
Business
Darden Restaurants recently released its quarterly earnings, revealing results that fell short of market expectations. The company reported earnings per share (EPS) of $1.75, adjusted for one-off costs, while analysts had predicted $1.83. Furthermore, Darden’s revenue was reported at $2.76 billion, below the anticipated $2.8 billion. This underperformance has raised eyebrows among investors and analysts
The Women’s National Basketball Association (WNBA) is experiencing a transformative phase, marked by the announcement of the addition of its 15th franchise in Portland, Oregon. Scheduled to commence play in 2026, this team represents not just an expansion of the league, but also a strategic move to tap into Portland’s rich history in women’s sports.
The Federal Deposit Insurance Corporation (FDIC) has recently initiated a significant regulatory proposal aimed at instilling stronger oversight on the relationship between traditional banks and fintech applications. This move comes in light of the recent collapse of Synapse, a fintech firm that left thousands of American consumers unable to access their accounts. This unfortunate event
The conflict between the United Auto Workers (UAW) union and Stellantis has escalated as tensions rise over production commitments and labor practices. The UAW recently initiated federal unfair labor practice charges against Stellantis, accusing the automobile giant of undermining the terms set forth in their most recent contract. This dispute highlights the fragile relationship between
The recent agreement between DirecTV and Disney marks a pivotal moment in the evolving landscape of television services, particularly for subscribers who rely on live sports and essential entertainment channels. After a blackout that lasted about two weeks, the return of Disney’s popular channels, including ESPN, is a welcome update for more than 11 million
Cancer cachexia, a debilitating syndrome affecting a significant number of cancer patients, has long been a largely unaddressed challenge in oncology. This condition, characterized by severe weight loss and appetite reduction, poses significant barriers to effective cancer treatment and ultimately impacts patient survival rates. Recently, Pfizer has reported encouraging results from its midstage clinical trial
As Boeing workers exercise their right to vote on a new labor contract, the implications of their decision extend far beyond the factory floors of Washington and Oregon. Scheduled for Thursday, this vote comes amid concerns over a potential strike that could severely disrupt the company’s production capabilities. Boeing, a titan in the aerospace industry,
The recent developments within Stellantis, the automotive giant born from the merger of Fiat Chrysler and France’s PSA Group, have revealed deep rifts in its operational and strategic direction. As the company faces declining sales, substantial factory cuts, and a troubling sense of instability, criticism from stakeholders has escalated. Most notably, the head of Stellantis’
As Los Angeles gears up for the upcoming 2028 Summer Olympics and Paralympics, the excitement is palpable, particularly after witnessing the success of the recent Paris Games. However, the backdrop for this excitement is not without its apprehensions. Mayor Karen Bass recently articulated her concerns about the extensive preparations required to ensure that Los Angeles