Business
Allbirds Abandons Footwear for AI in Shocking $50 Million Business Pivot
Shoe company announces name change to 'NewBird AI' and secures major funding to completely exit footwear business for artificial intelligence ventures.
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Business Page 6
Business news: companies, deals, labor and the economy.
BusinessLuxury Brands Retreat From Middle East as War Devastates Persian Gulf Sales
High-end brands including Louis Vuitton and Hermès are pivoting to other regions as conflict with Iran causes sales to plummet across wealthy Gulf nations.
BusinessDavid Ellison Vows Paramount-Warner Bros. Discovery Merger Won't Cut Film Output
Paramount Skydance chief makes surprise appearance at CinemaCon to reassure theater owners about studio's planned acquisition.
BusinessAllbirds Flees Footwear for AI in Shocking $50 Million Pivot to 'NewBird AI'
The sustainable shoe company announced it's abandoning the footwear business entirely to focus on artificial intelligence technology, striking a major funding agreement for the transition.
BusinessAllbirds Abandons Footwear for AI in Shocking $50 Million Pivot
Sustainable shoe company rebrands as "NewBird AI" and secures major funding to completely exit the footwear business.
BusinessAmerican Airlines Firmly Rejects United Merger Speculation
American issued the statement after reports emerged that United's CEO had discussed potential consolidation with the Trump administration.
BusinessFederal Jury Finds Live Nation and Ticketmaster Operated as Illegal Monopoly
Verdict sides with claims from over 30 states in one of the biggest anti-trust cases in recent history.
BusinessLive Nation and Ticketmaster Found Guilty of Operating Illegal Monopoly
Federal jury sides with claims from over 30 states in one of the biggest antitrust cases in recent history, finding the entertainment giant controlled every aspect of live music industry.
- Business
Federal Jury Finds Live Nation and Ticketmaster Operated Illegal Monopoly
Landmark antitrust verdict sides with over 30 states in accusations that entertainment giant stifled competition across entire live music industry.
- Business
Jury Finds Live Nation and Ticketmaster Operated Illegal Monopoly in Antitrust Victory
High-stakes trial concludes entertainment giant illegally maintained monopoly power, overcharging fans across the ticketing market.
BusinessOil Prices Start to Decline for Worrisome Economic Reasons
Energy market shifts may signal broader economic concerns rather than return to stability, analysts warn.
BusinessLucid Names Auto Industry Outsider as CEO, Expands Uber Partnership
Electric vehicle startup appoints former Schindler Group chief Silvio Napoli to lead the company as it seeks to revitalize its struggling business model.
BusinessTrump Family Crypto Company Faces Criticism From Major Investor Justin Sun
One of the largest backers of World Liberty Financial claims the company is misleading investors about its operations and prospects.
BusinessHollywood Stars Rally Against Paramount-Warner Bros. Merger in Open Letter Campaign
Jane Fonda, Joaquin Phoenix and over 1,000 entertainment professionals protest Skydance's proposed takeover, citing concerns about industry consolidation.
BusinessAmericans Embrace Meat Consumption Surge as RFK Jr. Declares 'War on Protein is Over'
Health-conscious shoppers increase meat purchases following government policy shifts and industry health claims under Kennedy's leadership.
- Business
More Americans Bulk Up on Meat as RFK Jr. Declares 'War on Protein is Over'
Protein-hungry shoppers increase meat purchases with health considerations as driving factor, industry data shows.
BusinessHumanoid Robots Take Over Manual Jobs at South Carolina Auto Parts Plant
Schaeffler facility deploys robotic workers for manufacturing tasks as industry debates impact on human employment and workforce displacement.
- Business
Americans Boost Meat Consumption as RFK Jr. Declares 'War on Protein is Over'
Health Secretary's pro-protein messaging drives surge in meat purchases as consumers prioritize high-protein diets over previous plant-based trends.
- Business
Americans Eat More Meat as RFK Jr. Declares 'War on Protein is Over'
Protein-focused shoppers are purchasing increased amounts of meat products with health considerations driving their decisions.
- Business
Humanoid Robots Take Over Manual Jobs at Auto Parts Plant
Schaeffler facility in South Carolina becomes testing ground for humanoid robots performing manual tasks as industry debates workforce displacement.
- Business
Americans Are Eating Up the Meat Industry's Health Claims
Protein-hungry shoppers are buying more meat with their health top of mind, driving significant changes in purchasing patterns and industry marketing strategies.
- Business
Humanoid Robots Take Over Manual Tasks at South Carolina Auto Parts Plant
Schaeffler facility in Cheraw deploys advanced robots for manufacturing work as company argues technology will displace workers to different roles, not replace them entirely.
BusinessJustice Department Launches Antitrust Probe Into NFL Media Rights
Federal investigators examine whether the league's subscription offerings across various platforms create unfair pricing burdens for consumers.
BusinessVolkswagen Ends Electric Vehicle Production at Tennessee Plant
German automaker becomes latest to scale back EV plans in favor of gasoline models as industry reassesses electric transition.
BusinessTrump's Tax Law Creates Uneven Outcomes Despite Promised Relief for Workers
President's pledge of 'no tax on tips, overtime, Social Security' faces reality check as some workers discover different outcomes when filing returns.
BusinessAmerican Woman Missing in Bahamas as Man Questioned in Criminal Investigation
Coast Guard opens formal inquiry after woman's husband claims she fell from boat during vacation trip to Caribbean waters.
BusinessOil Prices Fall But Energy Firms Remain Cautious Despite U.S.-Iran Cease-Fire
Companies hesitant to restore production until attacks stop completely and ships resume passage through Strait of Hormuz.
BusinessNavy Exchange Battles Walmart and Amazon to Fund Military's Retail Future
The U.S. Navy operates over 300 stores globally, but retail giants are taking market share and threatening the exchange system's financial foundation.
- Business
Joseph J. Collins, TV Pioneer Who Shaped Cable and Internet Era, Dies at 81
Media executive played pivotal role in television's evolution from broadcast dominance to cable and digital streaming platforms.
BusinessJoseph J. Collins, TV Industry Pioneer Who Shaped Cable and Internet Transition, Dies at 81
The media executive played a crucial role in television's evolution from broadcast dominance to cable and streaming platforms.
