Airbus Recruits Former JetBlue CEO Robin Hayes to Lead North American Operations
Apr 23, 2024 05:06 am UTC| Business
Airbus SE announced that it hired Robin Hayes, former JetBlue Airways chief executive officer, to lead its business in North America. The aircraft manufacturing commercial company headquartered in Leiden, Netherlands,...
Kroger and Albertsons Extend Store Sale to C&S by 166 Stores in Push for Merger Approval
Apr 23, 2024 04:39 am UTC| Business
Kroger and Albertsons Cos have announced an expansive plan to sell 166 grocery stores to CS Wholesale Grocers, escalating their efforts to secure regulatory approval for their ambitious $25 billion merger. This move,...
Tesla Expands in Thailand: New Interest Rate Program and Land Acquisition Talks
Apr 23, 2024 04:11 am UTC| Technology Business
Tesla Thailand announces a competitive interest rate initiative for Model 3 and Model Y purchasers, paired with discussions for substantial land acquisition to establish a Gigafactory, marking a strategic move in the...
Rivian's Earth Day Special: $5,000 Off for Trading Gas Cars for Electric
Apr 23, 2024 04:08 am UTC| Technology Business
In celebration of Earth Day, Rivian has launched a $5,000 trade-in offer, enticing car owners to switch from select gasoline vehicles to its eco-friendly electric models, the R1T and R1S. The deal includes a year of free...
Disney Entertainment CTO to Step Down and Move to PENN Entertainment
Apr 23, 2024 03:19 am UTC| Business
Disney Entertainments chief technology officer, Aaron LaBerge, is leaving the company after 20 years of service. He is now preparing to move to PENN Entertainment, where he was hired for the same CTO role. According to...
US Govt to Block Tapestry's $8.5 Billion Takeover of Capri Holdings
Apr 23, 2024 03:02 am UTC| Business
In an unprecedented move, the US Federal Trade Commission (FTC) has filed a lawsuit to prevent the $8.5 billion acquisition of Capri Holdings by Tapestry, the parent company of Coach, Kate Spade, and Stuart Weitzman. This...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight