Levi Strauss CEO says company’s search for new leader got help from unlikely source
Levi Strauss & Co. CEO Chip Bergh speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC As Levi Strauss &...
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Boeing’s aircraft deliveries slipped in October on 737 fuselage flaw
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt...
Auto loan delinquencies rise as loan-accommodation programs end
With inflation cutting into the budgets of Americans, a growing percentage of people with auto loans are struggling to make their monthly payments. TransUnion, which tracks...
Kohl’s CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting
Kohl’s Chief Executive Officer Michelle Gass Source: Kohl’s Kohl’s said Tuesday that CEO Michelle Gass is leaving the company for a new opportunity as its sales...
SpaceX adds data restrictions for Starlink power users
SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in...
Here’s how much equity U.S. homeowners have lost since May
A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images The historic run-up in home prices during the first...
Wells Fargo’s downgrade of Costco underappreciates the retailer’s value
Wells Fargo downgraded Club holding Costco (COST) in a rare move Monday, citing “brewing headwinds” to the wholesale retailer’s growth momentum. We think this call is...
Ex-Obama advisor says global events are overshadowing climate change efforts: ‘We are not acting swiftly enough’
The COP27 climate conference represents an opportunity to move forward, but a significant ramping up of efforts will be required in the years ahead, according to...
Virgin Orbit raises $25 million from Branson’s conglomerate as cash reserve dwindles
Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Virgin Orbit raised $25 million,...
Cramer expects energy stocks to rally if Republicans have a strong showing in the midterms
CNBC’s Jim Cramer said he anticipates a near-term rally in energy stocks if Republican candidates perform well in Tuesday’s midterm elections and win a majority in...