Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day

Hyundai is increasing its revenue expectations for 2025, despite ongoing U.S. tariffs causing the automaker to lower its expected operating profit for the year....

Spirit CEO says struggling airline will slash flights, braces employees for more job cuts

Spirit is slashing its November schedule by 25% and is bracing staff for more job cuts....

Cracker Barrel stock falls as company reports mixed earnings after rebrand controversy

Cracker Barrel reported fourth-quarter earnings after the bell on Wednesday....

'That's cute': Frontier CEO fires back at United CEO declaring discount airline model dead

Frontier Airlines CEO fired back at United's CEO for saying the discount airline model is dead in the United States....

Eli Lilly pill outperforms Novo Nordisk’s oral drug in head-to-head diabetes trial

Eli Lilly said orforglipron was better at lowering blood sugar levels than Novo Nordisk's oral semaglutide, and helped patients lose more weight. ...

NCAA sports commissioners weigh revenue models, private equity in NIL era

College sports leaders are crunching the numbers as they head toward payments for players and new avenues for revenue growth....

Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced

Despite headlines about rising ticket prices, Live Nation CEO Michael Rapino argued that concerts are still underpriced compared to sporting events....

Mortgage rates drop to 3-year low ahead of Fed meeting

Mortgage rates drop to the lowest level since late 2022 ahead of the Fed meeting. Here's why....

Eli Lilly to build $5 billion Virginia facility to boost production of targeted cancer drugs, other treatments

The Eli Lilly plant is the first of four planned U.S. manufacturing sites, which are expected to begin making medicines within five years. ...

NHL embracing return to Olympics after 12-year absence

NHL players will return to the 2026 Olympic Games in Milan after a 12-year absence, something Commissioner Gary Bettman said will be a boon to the league....