David Zaslav’s top priority at Warner Bros. Discovery: Get the cash flowing again
Warner Bros. Discovery CEO David Zaslav is prioritizing cash generation over everything else.
This boutique yoga and Pilates workout stock is an industry leader with 30% upside, Citi says
The franchisor behind the Club Pilates, YogaSix, Pure Barre classes and more is quickly expanding its business.
Apple Music’s getting a new karaoke feature on iPhones, iPad and Apple TV
Apple Music Sing will let users sing along to their favorite songs. Apple Music subscribers will be able to access the karaoke-like feature later this month.
Boeing’s last 747 has rolled out of the factory after a more than 50-year production run
Boeing has produced 1,574 of the planes at its factory north of Seattle.
Sen. Warren demands answers from Silvergate Bank about its business dealings with FTX
Silvergate let customers move dollars onto crypto exchanges. FTX and related firms, like Alameda Research, had 20 Silvergate accounts.
Airlines will return to profitability in 2023 after three-year slump, industry body says
The global airline industry is set to return to profitability again next year following a near-three year downturn fueled by the Covid-19 pandemic, IATA said Tuesday.
JPMorgan double downgrades Royal Caribbean Group, says it’s ‘more vulnerable’ to macro pressures
The firm expects the cruise line stock could fall 20%.
GM continues to evaluate Twitter advertising suspension following Musk takeover
Mary Barra said GM’s decision to suspend advertising on Twitter was influenced by the fact that Musk’s electric vehicle company, Tesla, is a competitor.
Valvoline will be a ‘faster growing’ business after a planned split, RBC says in new outperform rating
The bank expects that sales growth in the mid-teens is “achievable” for the Kentucky-based lubricants maker over the medium term.
United CEO says business travel has ‘plateaued’ but revenue is still rising
Kirby said the carrier isn’t seeing a recession in its data but forecast a “mild recession induced by the Fed.”