In the world of consumer finance, co-branded credit card partnerships represent a complex and evolving segment. American Airlines, one of the largest carriers in the U.S., is reportedly in negotiations with Citigroup to establish a more exclusive relationship, ending its longstanding partnership with Barclays. This shift is poised to redefine the dynamics of American Airlines’
Business
Darden Restaurants, a titan in the casual dining industry, has unveiled its latest quarterly earnings, revealing a performance that fell short of market projections. This lackluster financial report, particularly within the company’s flagship brands like Olive Garden and its upscale dining establishments, raises significant questions about Darden’s competitive position. During the quarter ending August 25,
The Women’s National Basketball Association (WNBA) is poised for a significant transformation with the announcement of its 15th franchise, set to make its debut in Portland in 2026. This new addition, while not yet named, is a pivotal milestone for a league that is experiencing unprecedented growth. It marks the third expansion franchise in recent
In light of recent turmoil in the fintech sector, the Federal Deposit Insurance Corporation (FDIC) has put forth a groundbreaking proposal aimed at enhancing consumer safety. This initiative arises from the significant fallout following the collapse of the fintech firm Synapse, which left thousands of users cut off from their own accounts. The FDIC’s recommendation
In a significant escalation of hostilities between labor and management, the United Auto Workers (UAW) union has lodged federal unfair labor practice charges against Stellantis. This allegation hinges on claims of contractual violations and an alleged plan to relocate the production of the Dodge Durango outside U.S. borders. The friction comes on the heels of
In a significant turn of events for media consumption, DirecTV and Disney recently concluded negotiations that restored access to Disney’s sports and entertainment channels after a prolonged two-week blackout. This disruption left over 11 million DirecTV subscribers bereft of content, particularly impactful events like the U.S. Open and the eagerly anticipated college football games. The
Cancer cachexia presents a serious challenge for many patients afflicted by malignancies. This multifactorial syndrome, characterized by unintended weight loss and muscle wasting, afflicts approximately 9 million people globally, of whom a staggering 80% are expected to succumb to the disease within a year of diagnosis. The condition is particularly devastating because it not only
Boeing workers are at a critical juncture as they prepare to vote on a new labor contract that could have significant implications not only for their livelihoods but also for the company’s operations and reputation. Scheduled for voting on Thursday, this decision comes as Boeing is attempting to restore its production levels following a series
In a sign of growing frustration within the automotive industry, the United Auto Workers (UAW) and Stellantis’ U.S. dealer council have formed an unexpected alliance. This coalition raises serious questions regarding the company’s leadership under CEO Carlos Tavares. As both entities have voiced discontent over Tavares’ strategies, they accuse him of leading Stellantis into a
The 2024 Olympics and Paralympics in Paris have set a high standard for the next summer Games in Los Angeles in 2028. Key stakeholders in the event have expressed confidence in the city’s readiness to host the games. Los Angeles Mayor Karen Bass highlighted the preparations needed for the 2028 Games, emphasizing the improvements expected