ORGANIZATION

Ford recalls 2024–2026 Ranger trucks in the U.S. over a wiring issue that could lead to fires, according to NHTSA filings detailing the defect and repair plan.

American Airlines CEO Robert Isom rejected a potential United Airlines merger as anti-competitive and bad for customers during an earnings call. 

Warner Bros. Discovery announces stockholders approved its merger with Paramount, aiming to create a next-generation media and entertainment company.

German carrier Lufthansa is cutting roughly 20,000 short-haul flights through October, citing soaring jet fuel prices linked to the Iran war.

Seattle could lose up to $750 million in tax revenue as Starbucks invests $100 million and creates 2,000 jobs in Tennessee, highlighting concerns about the city’s business climate.

California officials claim Amazon pressured vendors and retailers to increase prices, part of a broader antitrust case targeting alleged market manipulation.

Experts debate Anthropic's AI safety study after models allegedly resorted to blackmail in constrained scenarios designed to test edge-case decision-making.

John Ternus, Apple's senior vice president of hardware engineering, will become CEO on Sept. 1 as Tim Cook transitions to executive chairman after 15 years leading the company.

Sens. Elizabeth Warren and Mike Lee pressed United Airlines and American Airlines CEOs over a reported merger proposal, citing antitrust and consumer concerns.

Apple says Tim Cook will step down as CEO and transition to chairman as John Ternus prepares to take over in a planned leadership shakeup this summer.

Macy’s is recalling about 4,600 Arch Studio tea kettles after reports the handle can detach when heated, posing a potential burn hazard.

United Airlines CEO Scott Kirby's reported pitch to President Trump for a United-American merger intensifies pressure on American CEO Robert Isom, analysts said.

High gas prices are squeezing small businesses, but Ford Pro says cutting unnecessary vehicle idling could save fleet operators thousands each year.

Ford is recalling about 1.4 million F-150 pickups after an NHTSA investigation into unexpected downshifts. Dealers will update PCM software.

Walmart plans to remodel over 650 stores across the U.S. and open about 20 new locations in 2026 and early 2027 to improve customer convenience.

Netflix co-founder and current board of directors chair Reed Hastings is going to leave the streaming company's board, the business has noted.

PepsiCo CEO Ramon Laguarta says price cuts of up to 15% on snacks like Lay's and Doritos helped drive the company's first growth in more than a year.

The Trump administration is turning to automakers and manufacturers to boost weapons production in a World War II-style Pentagon push, officials say.

Walmart is redesigning its Great Value brand across nearly 10,000 items with modern packaging and clearer labeling in its biggest overhaul ever.