Proxy advisory firm Institutional Shareholder Services (ISS) and California Public Employees Retirement System (CalPERS) supported activist investor Nelson Peltz's bid to join the Disney board due to concerns over succession, but their decision raises questions about what they expected Peltz to add and whether he could be trusted; however, Peltz ultimately lost the proxy fight, with Bob Iger securing 94 percent of the vote, but Peltz still profited significantly from the campaigns.
Boeing is facing new whistleblower claims that its 787 Dreamliner planes have structural failings that could lead to fractures, adding to the ongoing crisis for the aviation giant.
Alibaba Group Holding, under the leadership of Jack Ma, is undergoing a significant restructuring and Ma has expressed his support for the rejuvenation efforts, signaling a return to efficiency and a market-first approach, as the stock price climbed after the report.
US stocks opened lower after an unexpected increase in consumer prices, causing bond yields to soar and dampening hopes for interest rate cuts.
President's report shows inflation has decreased significantly, but efforts are still needed to reduce costs for households, particularly in housing and groceries, while also calling on corporations to use their profits to lower prices, with fighting inflation remaining a top economic priority.
Arizona Republicans thwart an attempt to repeal an 1864 abortion bill.
Inflation in the US rose to 3.5 percent in March compared to the previous year, suggesting that high interest rates will not be lowered anytime soon, causing stock futures to decline and raising doubts about a potential interest rate cut in June.
Nvidia is reportedly rewarding its employees with a stock boost in the form of a one-time "Jensen special grant" of an additional 25% of the stock units they received when joining the company.
The Ohio Turnpike has implemented a new open toll system, allowing drivers with E-ZPass to travel the entire length of the toll road without stopping and saving an average of 33% on tolls.
Delta Air Lines reported first-quarter earnings of $380 million, up 75% from a year earlier, and expects strong results for the rest of the year despite a difficult quarter for the US airline industry, while also expressing confidence in the safety of air travel amidst rising concerns.
Jessica Alba, founder and former chief creative officer of Honest Company, will step down from her role to focus on new endeavors after the company's first profitable quarter since mid-2021.
The Porsche Taycan Turbo GT, with its 1,019 horsepower and impressive grip, is a monstrously quick and shockingly approachable track car, offering an engaging driving experience, though its high price and limited appeal may restrict its audience.
The women's NCAA championship game had more viewers than the men's game.
Starting today, internet service providers (ISPs) are required to display broadband 'nutrition' labels that provide transparent information about costs, speeds, and data allowances, aiming to address consumer complaints about hidden fees, data caps, and misleading marketing tactics.
Palantir's government business growth has slowed, but a new partnership with Oracle could reignite its legacy public sector operations and provide a path for accelerated growth.
Starting today, big internet service providers with over 100,000 subscribers are required by the FCC to display "nutrition labels" that show their plans, fees, additional costs, and other details in order to prevent hidden fees and taxes.
Delta Air Lines' first quarter results exceeded expectations, with strong demand, a resurgence in corporate travel, and increased capacity for the spring and summer seasons, making it the only profitable major airline during the quarter.
The beloved discount chain 99 Cents Only is going out of business, citing factors such as the COVID-19 pandemic, theft and crime, competition, operating costs, and minimum-wage jumps as reasons for its closure.
Celebrity chef Robert Irvine predicts that California's $20 minimum wage will lead to a significant loss of small businesses, but believes that implementing technology in the restaurant industry can help prevent closures and layoffs.
Jack Ma has expressed his support for Alibaba's restructuring efforts in a memo to the company's staff, declaring that Alibaba is on the right track and calling for staff to stay committed.
Big banks are expected to report lower first-quarter profits compared to the previous year but investors are more interested in their performance for the rest of 2024 and 2025, with higher interest rates potentially benefiting the banks and driving their stocks higher.
Alibaba co-founder Jack Ma shows support for the internet giant's restructuring efforts in a lengthy memo to employees, marking a rare public appearance by the billionaire entrepreneur.
The United States Postal Service has proposed a nearly 8 percent increase in stamp prices, with changes including a Forever stamp costing 73 cents and a domestic postcard rising to 56 cents, as part of an attempt to recoup projected losses of $160 billion over a decade.
The Federal Aviation Administration is investigating allegations that the fuselages on Boeing's 787 Dreamliner planes are improperly fastened together, which could weaken the aircraft and cause midflight breakage, according to a longtime Boeing engineer.
Jessica Alba announced her resignation as Chief Creative Officer of The Honest Company after more than a decade since co-founding the company.
The all-new 2025 Toyota 4Runner is a highly capable and durable off-roader that features a bold new look, advanced technology, and a range of powerful engine options, including a hybrid powertrain, while maintaining its legendary reputation as an off-road icon.
Momofuku faces backlash and accusations of bullying Asian-owned businesses after sending cease-and-desist letters to companies using the term "chili crunch" to describe their condiments, as Momofuku attempts to trademark the term.
Actress Jessica Alba is stepping down as the chief creative officer of The Honest Company after more than a decade, but will remain on the board of directors as she focuses on new projects and passions.
The US Postal Service has requested to raise the price of a first-class stamp from 68 cents to 73 cents, along with other adjustments, resulting in potential increases of up to 7.8 percent in mailing service prices.
The roll-down rear window, considered essential for the Toyota 4Runner's off-road heritage, has been retained in the new sixth-generation model despite the added weight it brings, as it is seen as the "soul" of the car and an important feature for surfers and dog owners.
State Farm, California's largest insurer, is discontinuing homeowners insurance coverage for thousands of Bay Area residents due to increased wildfire risk, outdated regulations, and higher costs.
Consumer Reports is petitioning the USDA to ban Lunchables from school lunchrooms due to concerns over high sodium counts and harmful chemicals that can lead to serious health problems in children.
The winner of the $1.3 billion Powerball jackpot in Oregon will not be announced for a few more weeks as the ticket is verified and payment arrangements are made.
The recent viral video about a $25 McDonald’s meal deal in California sparks an online debate about the state's minimum wage increase and rising prices at the fast food chain.
The Mega Millions lottery jackpot is estimated to be $97 million with a cash option of $45.1 million for Tuesday night's drawing, while the Powerball jackpot is at $31 million for Wednesday.
Gas prices in California have been increasing significantly due to a combination of factors including the switch to the summer blend, refinery maintenance, high taxes, and global events; experts expect prices to stabilize and potentially decrease by Memorial Day.
The outgoing Toyota 4Runner, which was revealed in 2009, is finally being replaced by the sixth-generation SUV, with coverage available after the reveal at 10:15 p.m. EDT on The Drive's homepage.
Jessica Alba is stepping down as the chief creative officer of The Honest Company, which she co-founded in 2012, in order to focus on new endeavors while still providing support and leadership on the board of directors.
Jessica Alba is stepping down from her role as Chief Creative Officer at The Honest Company, the personal care and baby products company she founded in 2012, to focus on new endeavors while remaining on the board of directors.
Costco is earning between $100 million and $200 million per month by selling gold bars, with the addition of gold and silver reinforcing its value position, although it may be a low-profit business due to pricing and shipping costs.
The price of a 40-piece Chicken McNugget meal deal at a Southern California McDonald's location sparked an online debate about the state's minimum-wage increase, as prices at the fast-food chain have risen by 100% since 2014.
Norfolk Southern has agreed to pay $600 million to settle a class-action lawsuit over a train derailment in East Palestine, Ohio, that occurred last year, resulting in an evacuation and damage to the town.
The US is falling behind in adding high-voltage transmission lines, but a technique called "advanced reconductoring" could potentially double the electric grid's capacity, as it has proven successful in other countries like Belgium and the Netherlands.
Waymo, a tech startup and spinoff of Google, is set to launch paid robotaxi rides in Los Angeles, marking a milestone in the expansion of autonomous vehicles in the city and drawing both support and criticism.
Oregon is expected to collect between $61 million and $131 million in state taxes from the winner of the $1.3 billion Powerball ticket, depending on whether they choose an instant payout or receive installments over 30 years.
Jessica Alba is stepping down from her role as Chief Creative Officer of The Honest Company, but will remain on the board of directors and focus on new creative ventures in TV and film.
Boeing is being investigated by federal authorities following a whistleblower complaint from a Boeing engineer alleging manufacturing shortcuts and potential catastrophic risks with its 777 and 787 Dreamliner jets.
Prepackaged Lunchables snack kits, popular for children's lunches, contain concerning levels of lead and sodium, according to Consumer Reports.
The company responsible for the recall of sleep apnea machines, Philips, will be required to meet safety requirements and overhaul its manufacturing systems before resuming production in the U.S.
Federal regulators are investigating whistleblower claims about flaws in the assembly of Boeing's 787 Dreamliner, with concerns raised about production "shortcuts" that could jeopardize the plane's structural integrity.