Tony Hall will step down because the director normal of the BBC in the summertime to make method for a brand new one that will negotiate the longer term for the broadcaster with the federal government, he mentioned on Monday. Britain’s publicly funded broadcaster might want to negotiate a brand new constitution with […]
Tag: Breaking News: Business
Stocks appear detached from reality, rallying in anticipation of two things that may not happen
The new year is not even three full weeks old, and already half a trillion dollars has been added to the S&P 500’s value. Some investors worry either the economy has to suddenly jolt into action or earnings have to surprisingly surge — two things unlikely to occur — in order to justify these […]
4 restaurant chains that are opening fast-casual spinoffs
Fast-casual consuming locations are smaller in dimension, with a lot much less seating and fewer employees serving prospects, which signifies that they are cheaper to perform than a full-service restaurant. Menus are usually designed for consolation and fast service, and prospects order at a counter, typically transferring alongside an assembly line. Some casual consuming chains […]
Disney ditches Fox name from branding, emails and logos
View of the 20th Century Fox emblem in the course of the CinemaCon Walt Disney Studios Motion Pictures Special presentation on the Colosseum Caesars Palace on April 3, 2019, in Las Vegas, Nevada. Nearly a yr after buying 21st Century Fox’s movie and tv belongings, Disney is dropping the Fox identify from its […]
Boeing expected to take another big, ugly charge on 737 Max crisis
A 12 months in the past, Boeing posted file revenues topping $100 billion with hopes of delivering a chart-topping variety of airplanes in 2019, together with a whole bunch of 737 Max jetliners. The information is not going to be so rosy on its fourth-quarter earnings name this 12 months. Those bestselling planes had been […]
Target (TGT) holiday 2019 sales fall short of estimates
Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Its shares tumbled more than 8% on the news. Walmart, which hasn’t reported holiday results, also traded lower. Its stock was last down about 2%. […]
Delta (DAL) earnings Q4 2019
A Delta Air Lines Boeing 767-300 landing in Amsterdam. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines’ fourth quarter profits topped Wall Street’s expectations, as lower fuel prices and strong travel — particularly for high-priced premium tickets — demanded lifted the Atlanta-based carrier’s results. Before the market opened on Tuesday, Delta reported per-share […]
Boeing’s new CEO Calhoun has little margin for error in 737 Max scandal
Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO, Dave Calhoun, has a daunting to-do list when he takes the reins at the company’s Chicago headquarters on Monday: improving the plane-maker’s strained relationships with regulators and airline customers, winning back public trust and getting the 737 Max — grounded for almost a […]
AMC and Regal won’t screen Netflix’s Oscar best picture nominees
Still from Netflix’s “Marriage Story.” Netflix Netflix may have been nominated for 24 Academy Awards on Monday, but it’s getting snubbed by AMC and Regal. The streaming service’s two best picture nominees — “The Irishman” and “Marriage Story” — will not be included in either of the theater chains’ best picture showcases. In the wake […]
TGI Fridays plans to revamp its bars as it prepares to go public again
People outside a TGI Fridays in Dublin city center. On Friday, March 15, 2019, in Dublin, Ireland. Artur Widak | NurPhoto | Getty Images T.G.I. Fridays, which is known for being the original singles bar, is planning to revamp its bar business as the company prepares to be publicly traded again for the first time […]
