Less than a decade after its founding, food startup Wonder has seen its footprint and valuation soar. Still, the company has even more ambitious plans ahead, like a subscription program to let diners run their own “restaurants,” an aggressive expansion in Texas and a potential initial public offering. Created by serial entrepreneur Marc Lore in…
GOODYEAR, Ariz. — An Airbus A320neo, one of the world’s most popular planes, rolled off the Mobile, Alabama, factory line in July 2022, painted bright yellow for its next destination: Spirit Airlines. It was built to fly for decades. But this May, less than four years later, it was stripped for parts worth millions and…
US President Donald Trump shows the crowd an executive order he just signed during a campaign rally at Pinnacle Bank Expo Center in Grand Island, Nebraska, on October 5, 2026. Kent Nishimura | Afp | Getty Images President Donald Trump has signed an executive order that aims to reduce mortgage costs as rising interest rates…
A sign is posted in front of a Chili’s restaurant in Rohnert Park, California, on Dec. 13, 2024. Justin Sullivan | Getty Images Restaurant stocks have split sharply this year. And it could be tied to how many brands they own. Shares of Brinker International, Darden Restaurants and Restaurant Brands International are up roughly 32%,…
Stephen Squeri, chairman and chief executive officer of American Express Co., speaks during an Economic Club of New York event in New York, US, on Thursday, Nov. 10, 2022. Stephanie Keith | Bloomberg | Getty Images American Express CEO Stephen Squeri said Friday the card company is eliminating 5% of its global workforce. The firm,…
Travelers navigate security lines at Minneapolis-St. Paul International Airport Terminal 1 on March 23, 2026 in Minneapolis, Minnesota. Stephen Maturen | Getty Images Fewer people are flying this year, but with airfare this high and climbing, airline executives say that’s just fine. The number of people screened at U.S. checkpoints is on track for its…
Moderna shares dropped as much as 25% on Thursday following the leak of partial data on its closely watched cancer vaccine developed with Merck. Shares of both drugmakers fell even though the data, released in full later Thursday following the leak, appeared meaningful for patients and positive relative to Wall Street expectations. The personalized vaccine,…
Ekaterina Demidova | Moment | Getty Images Fraud losses reported by older Americans jumped in 2025, driven largely by an increase in victims losing sums of at least six figures, according to a new report from the Federal Trade Commission. Americans ages 60 and older reported losing about $3 billion to fraud last year, a…
American Express is bringing Airbnb into its travel rewards platform. The companies on Thursday announced a new partnership to bring more than 1 million Airbnb listings to Amex’s travel portal and allow cardholders to earn rewards when booking the stays. It does not currently allow members to redeem points to pay for Airbnb bookings. The…
David Ellison, co-chief executive officer of Skydance Corp. and SpaceX CEO Elon Musk. Michael Nagle | Bloomberg | Kent Nishimura | AFP | Getty Images Elon Musk has made an investment in Skydance of roughly $1 billion, according to a report from Semafor Thursday. The financial injection comes as the company looks to cut costs….