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Spirit Airlines on track for a $475 million bankruptcy lifeline

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.  Kevin Carter | Getty Images News | Getty Images WHITE PLAINS, N.Y. — Spirit Airlines is making “massive progress” to revitalize the airline, the carrier’s restructuring lawyer Marshall Huebner said in a […]

Ford CEO expects EV sales to be cut in half after end of tax credits

James Farley, CEO, Ford speaks onstage during the Reindustrialize Conference 2025 on July 16, 2025 in Detroit, Michigan. Tasos Katopodis | Getty Images DETROIT – Ford Motor CEO Jim Farley said he expects demand for all-electric vehicles to be slashed in half next month following the end of federal tax incentives on Wednesday. Farley on […]

Hertz takes all of used car sales process online

Rental company Hertz said Tuesday it is updating its online shopping website to allow customers to secure financing, get a trade-in offer and do just about everything else a buyer would need to purchase a vehicle. The move is a significant step for Hertz’s online retail presence. Previously, the company’s HertzCarSales.com website had only offered […]

Comcast names Mike Cavanagh as co-CEO alongside Brian Roberts

(L-R) Michael Cavanagh, then-chief financial officer of Comcast, talks with Brian Roberts, chief executive officer of Comcast, as they arrive for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. Drew Angerer | Getty Images Comcast announced Monday it’s named Mike Cavanagh as co-CEO alongside longtime leader Brian Roberts, […]

Coach coffee shops build on success with Gen Z

With its new coffee shop, Coach wants to drive more frequent trips to its stores and solidify its gains with Gen Z shoppers. One of its menu items is a Tabby Cake, a cake pop-inspired dessert that’s in the shape of Coach’s Tabby purse. Courtesy: Coach At Coach’s new shops, the latest purse is made […]

Why production has left Hollywood

The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images There was a time when Hollywood simply referred to a neighborhood in the central region of Los Angeles. These days, “Hollywood” has come to represent the entire domestic entertainment business — and it’s at a crossroads. […]

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