LONDON — Travelers in Europe can now take unlimited flights for 499 euros ($550) a year under a new travel subscription service from budget carrier Wizz Air. The annual “all you can fly” pass, which allows…
Business
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A construction boom in the U.S. has resulted in lower rents and other benefits for renters. Record-construction activity since the pandemic has increased the supply of empty units, meaning more inventory is available for renters. More multi-family…
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Mars will acquire Kellanova for $35.9 billion in cash, tying together some of the largest U.S. candy and snack brands, the companies announced Tuesday. The M&M owner Mars is acquiring the Kellogg spin-off company for $83.50 per share, according to the press…
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Google on Tuesday announced new artificial intelligence features that are coming to Android devices. The move to bring its Gemini AI assistant to supported devices shows again how Google aims to put its AI in front…
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Business
Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era
Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol…
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The Murdoch family feud taking place in an obscure Nevada court highlights the state’s surging popularity as a global center of family trusts and a friendly home to the world’s biggest fortunes. According to legal…
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Starbucks is replacing its CEO with the head of Chipotle as it seeks to revive flagging sales and appease outside investors. Starbucks announced Tuesday morning that Brian Niccol, who has led the burrito chain since 2018,…
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Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high interest rates and consumer uncertainty dampen demand. The home improvement retailer…
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Ford and Mazda have issued do-not-drive warnings covering more than 457,000 vehicles that contain recalled Takata airbags. According to a release posted on the National Highway Traffic Safety Administration’s website, Ford’s warning covers 374,290 model…
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Shares in Trump Media and Technology Group fell slightly more than 5% on Monday after the company reported scant revenues and a net loss in its first full quarter as a public company. Meanwhile, Donald…