In a strategic move to enhance its loyalty program, Delta Air Lines has announced a new partnership with Uber, marking the end of its collaboration with Lyft after an eight-year tenure. This shift represents a significant shift in how airlines and ride-hailing services can work together to benefit frequent travelers. As travel surges return post-pandemic,
Business
The denim landscape has recently witnessed a resurgence of interest in vintage styles, and at the forefront of this revival is the iconic brand True Religion. Following its acquisition by private equity firm Acon Investments and SB360 Capital Partners, a subsidiary linked to American Eagle and led by CEO Jay Schottenstein, True Religion is poised
In a strategic move to combat declining sales, Stellantis has unveiled a redesigned lineup of heavy-duty trucks under the Ram brand. After enduring three years of consecutive sales dips, the company is optimistic that the newly updated Ram 2500 and 3500 models, as well as chassis cab variants, will rekindle consumer interest. This significant overhaul
In a significant move that shakes the foundations of the streaming market, Disney has announced its intention to merge its Hulu+ Live TV service with Fubo, a company known for providing live sports programming. The deal, revealed on a Monday, positions Disney as the majority owner of the newly formed entity with a 70% stake,
In an era increasingly defined by digital marketing, Comcast’s new advertising platform, Universal Ads, aims to bridge the gap between traditional media and the online ad ecosystem. By providing a user-friendly platform for small and medium-sized enterprises (SMEs), Comcast hopes to redirect advertising revenue from social media giants back to the more traditional, yet revitalizing,
The automotive industry, particularly in the U.S., has experienced tumultuous times over the past few years. The onset of the COVID-19 pandemic, compounded by years of supply chain challenges, drastically impacted vehicle sales nationwide. However, as 2024 comes to a close, both General Motors (GM) and Ford Motor Company have emerged with promising reports, indicating
In an unprecedented move, the Department of Transportation (DOT) imposed a $2 million penalty on JetBlue Airways, marking a significant moment in airline regulation. This action stems from findings that JetBlue operated several routes suffering from exceptionally high rates of delays—more than 145 instances from June 2022 to November 2023, as reported by the DOT.
In a significant evolution of the sports betting landscape, DraftKings has introduced a novel subscription service titled DraftKings Sportsbook+. Launched discreetly on December 28 for select customers in New York, this service aims to amplify the betting experience by providing subscribers with enhanced profit margins on parlay bets. This marketing strategy not only seeks to
In a pivotal move to safeguard public health, the U.S. Surgeon General, Dr. Vivek Murthy, has issued an advisory that highlights the alarming connection between alcohol consumption and the rising incidence of cancer. This announcement, made public last Friday, underscores the fact that alcohol isn’t merely a social beverage but a significant health hazard leading
Hindenburg Research, a well-known short-selling firm, has stirred the waters of the online used-car market by expressing skepticism about Carvana’s recent resurgence. In a recent report, Hindenburg labeled Carvana’s reported turnaround as “an illusion,” asserting that it is fundamentally underpinned by precarious lending practices and potential accounting discrepancies. With the company’s shares experiencing significant volatility—a