Spirit Airlines CEO Ted Christie spoke candidly about the airline industry, likening it to a rigged game and saying U.S. consumers are "the long-term losers." "Today, nearly all the profits of ...

Disney doesn’t think it’s going to foul in its drive to score a new pact with the NBA. Speaking to investors Tuesday, Disney CEO Bob Iger said the company was “optimistic or confident ...

Delphine Arnault, eldest child of LVMH head Bernard Arnault, is the CEO of Christian Dior. Apart from a brief stint at McKinsey, her career has spanned multiple roles for LVMH since 2000. All of ...

Arrowhead's Helldivers 2 has amassed about 52.1% negative reviews as the gaming community sends a message to Sony for locking out non-PSN countries. It has not been a great week for Helldivers 2 ...

Vernon Hill’s Commerce Bancorp was about to open its first New York City branch in 2001 when his wife, Shirley, called wanting to know whether dogs could be allowed inside. Shirley Hill, also ...

Paytm Money, the wealth management platform of One 97 Communication, has replaced chief executive Varun Sridhar, at the helm since 2020, with Rakesh Singh. Singh was the chief executive of broking ...

Paytm Money, the wholly-owned subsidiary of One97 Communications, has appointed Rakesh Singh as the new CEO after Varun Sridhar resigned from the role, the company said in a regulatory filing ...

Chinese electric vehicle maker XPeng is hoping to establish a presence in more markets overseas, and is betting on the global business to make up a larger portion of overall sales. CNA sat down ...

Peloton CEO Barry McCarthy is leaving his role, and the company is cutting about 15% of its workforce as numerous attempts to regain its pandemic-era glory have failed. McCarthy, who was named CEO ...

Peloton, the exercise equipment maker and online fitness course provider, said it is laying off 15% of its workforce (about 400 people) as part of cost-cutting measures. The company also said its ...

Peloton’s CEO Barry McCarthy is stepping down after announcing yet another round of layoffs, this time affecting about 15 percent of its remaining workforce, or roughly 400 global team members.