In a pivotal move to enhance customer experience and solidify its position in the travel market, Delta Air Lines recently made headlines by announcing the end of its partnership with Lyft and the initiation of a collaboration with Uber. This strategic alliance, effective from the upcoming spring, marks a significant transition for Delta’s SkyMiles loyalty
Business
The denim brand True Religion is experiencing a renewed vigor following its recent acquisition by Acon Investments and SB360 Capital Partners, an investment firm closely linked with American Eagle. This acquisition represents a pivotal moment for the brand as it aims to recover from a troubled past and reestablish itself in the competitive apparel landscape.
In a strategic move that is set to reshape the streaming industry, Disney recently announced its plans to merge its Hulu+ Live TV service with Fubo, a well-known internet TV provider. This merger will see Disney attaining a commanding 70% majority stake in Fubo, leaving the remaining 30% for Fubo’s shareholders. As both companies look
In an era where marketers constantly seek innovative ways to engage consumers, Comcast’s introduction of Universal Ads marks a pivotal shift aimed predominantly at smaller businesses. With this platform, Comcast aspires to simplify ad purchases and channel a portion of advertising budgets that have traditionally flowed toward social media and digital platforms back into more
Boeing, a cornerstone of the aerospace industry and a prominent figure in U.S. manufacturing, finds itself navigating a turbulent phase marked by crises of quality, safety, and public trust. The challenges Boeing faces today are not just the lingering repercussions of past errors but also the need for a comprehensive overhaul in its organizational culture
DraftKings is making waves in the sports betting industry with the introduction of its new subscription service known as DraftKings Sportsbook+. Launched quietly on December 28 for select customers in New York, this innovative service aims to enhance the betting experience by providing substantial boosts on winning parlay bets for a monthly fee of $20.
In a notable move, the Department of Transportation (DOT) has imposed a $2 million fine on JetBlue Airways, marking a pivotal moment in the enforcement of regulations related to chronically delayed flights. This unprecedented penalty highlights not just the airline’s operational struggles but also sets a benchmark for accountability within the aviation industry, signaling to
Rivian Automotive, the electric vehicle manufacturer that has been under significant market scrutiny since its public debut, recently experienced a remarkable turnaround in stock performance. After announcing its production and delivery figures for 2024, Rivian’s shares skyrocketed by 24.5%, closing the trading session at $16.49. This marked the most significant single-day increase for Rivian since
In a groundbreaking advisory released recently, U.S. Surgeon General Dr. Vivek Murthy has drawn attention to a significant health concern: the established links between alcohol consumption and the incidence of cancer. Highlighting the dangers, Dr. Murthy pointed to at least seven types of cancer that have been associated with drinking, including breast, liver, and colorectal
Carvana, an online platform revolutionizing the used-car market, has recently come under scrutiny, particularly due to a report released by Hindenburg Research, a company well-known for its short-selling tactics. The core allegation posited by Hindenburg suggests that Carvana’s recent success is anything but genuine, labeling it a “mirage” fueled by dubious financial practices and questionable