UPDATE: McDonald’s to exit Russia by selling restaurants to local buyer, expects to book $1.2 billion to $1.4 billion charge
McDonald's Corp. said Monday it has decided to exit the Russia market following Russia's unprovoked invasion of neighboring Ukraine and has started the process of...
Spirit Airlines stock jumps after JetBlue launches tender offer at near 77% premium
Shares of Spirit Airlines Inc. soared 17.5% in premarket trading Monday, after JetBlue Airways Corp. said it launched a "fully financed" tender offer to buy...
Nucor to acquire C.H.I. Overhead Doors from KKR in deal valued at $3 billion
Nucor Corp. said Monday it has entered an agreement with private-equity firm Kohlberg Kravis Roberts & Co. to acquire C.H.I. Overhead Doors in a deal...
Every home in America now has a wildfire threat score, and some areas see a 200% jump in risk
Wildfire risk is increasing, likely due to global warming, and its destruction is becoming ever more expensive.
Europe drops mask mandate for flights and airports, loosening Covid rules further
The EU's mask mandate for passengers on flights and in airports ends on Monday, following updated guidelines from the bloc's Aviation Safety Agency.
After the ‘hippie’ bus and the Beetle, VW has its eyes on America once again
VW is targeting 10% market share in the U.S. as it looks to become "much more American."
Boeing management needs a reboot after losing its way, Ryanair CEO says
Ryanair CEO Michael O'Leary has called for a shakeup of management at U.S. aircraft giant Boeing, after delivery delays and a period of fractious negotiations.
McDonald’s says it will sell its Russia business after previously pausing operations due to Ukraine war
McDonald's said it will sell its business in Russia, a little more than two months after it paused operations in the country due to its...
Bitcoin has no future as a payments network, says FTX CEO
Many consider Bitcoin to be a payments network, but Sam Bankman-Fried doesn’t think so. The CEO of FTX cryptocurrency exchange Sam Bankman-Fried has told the...