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Breaking News: Business

GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO

by Horatio Thompson
GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO

DETROIT – General Motors’ Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive Marc Whitten as its new CEO. Whitten was a founding engineer at Microsoft’s Xbox …

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Volkswagen takes $1 billion stake in EV maker

by Horatio Thompson
Volkswagen takes  billion stake in EV maker

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Volkswagen is taking a $1 billion …

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U.S. auto sales are expected to slow during the second half of 2024

by Horatio Thompson
U.S. auto sales are expected to slow during the second half of 2024

Cars sit on a Chevrolet dealership’s lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, …

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Mattel to make Uno, Phase 10, Dos and Blokus colorblind accessible

by Walter Watson
Mattel to make Uno, Phase 10, Dos and Blokus colorblind accessible

Nurphoto | Nurphoto | Getty Images Mattel aims to make 80% of its games colorblind accessible by the end of the year, before raising that amount to 90% in 2025, …

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Starbucks debuts fruity energy drink less than two months after Panera discontinues highly caffeinated Charged Lemonade

by Akin Smith
Starbucks debuts fruity energy drink less than two months after Panera discontinues highly caffeinated Charged Lemonade

Starbucks on Tuesday launched a drink at stores nationwide called Iced Energy, which has up to 205 milligrams of caffeine in it — about the same amount as six cans …

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German airline Lufthansa hikes ticket fares due to environmental costs

by Franz Hernandez
German airline Lufthansa hikes ticket fares due to environmental costs

An Airbus A340-300 and an Airbus A 321-100 belonging to Lufthansa are parked on the airport apron. Helmut Fricke | Picture Alliance | Getty Images German airline firm Lufthansa Group …

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VW 2025 Jetta updated to boost sales

by Anas Siddiqui
VW 2025 Jetta updated to boost sales

Volkswagen on Tuesday announced updates for its 2025 Jetta sedan to boost sales amid industry-wide affordability concerns. The entry-level version of the Jetta with an automatic transmission will start at …

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Delta, United compete to be America’s luxury airline

by Franz Hernandez
Delta, United compete to be America’s luxury airline

An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure …

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Delta One JFK lounge opens. Here’s what’s inside

by Franz Hernandez
Delta One JFK lounge opens. Here’s what’s inside

The bar at the Delta One lounge at New York’s John F. Kennedy International Airport. Leslie Josephs | CNBC Delta Air Lines’ most exclusive airport lounge opens this week to …

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The world’s best 2024 airlines including new number one Qatar Airways

by Franz Hernandez
The world’s best 2024 airlines including new number one Qatar Airways

Ground crews load cargo and supplies onto airplanes from airlines including Lufthansa Group, Emirates, Austrian Airlines, and British Airways, as they stand parked at the Tom Bradley International Terminal (TBIT) …

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