The recent appointment of Antonio Filosa as the Chief Executive Officer of Stellantis is a moment rife with implications not just for the company but for the automotive industry as a whole. Filosa’s promotion comes after a tumultuous period for Stellantis, marked by the unexpected resignation of his predecessor, Carlos Tavares, amid stark declines in
Business
This past Memorial Day Weekend proved to be a watershed moment for the movie theater industry in the United States. After enduring a punishing few years where Netflix and Disney+ returned viewership to home screens, the industry witnessed a remarkable resurgence, with attendance and revenue levels breaking records. Shares of major theater chains like AMC,
For over fifty years, Southwest Airlines basked in the glow of its unique “two bags fly free” policy, winning the loyalty of countless travelers. This hallmark of customer service set the airline apart in a fiercely competitive marketplace and became an emblem of its brand identity. However, beginning Wednesday, this cherished perk will become a
In an unsettling turn of events, the U.S. Justice Department has struck a deal with Boeing, allowing the aerospace titan to dodge prosecution linked to two tragedies that claimed 346 innocent lives. This non-prosecution agreement not only serves to protect Boeing’s image but reinforces a dangerously lenient attitude towards corporate accountability. Despite the calls for
Each year, as the hurricane season approaches, the anxiety around potential disasters rises—this time, the National Oceanic and Atmospheric Administration (NOAA) has sparked serious alarm bells by predicting a 60% chance of above-average hurricane activity for 2025. With an expectation of 13 to 19 named storms, including 6 to 10 hurricanes and potentially three to
In a bold move that signals the changing tides of the automotive world, Toyota has announced that its best-selling RAV4 will only be available as a hybrid starting in 2026. This transition marks a significant departure from traditional gasoline engines, solidifying a new era for one of the U.S. market’s most recognizable vehicles. It is
In a move that signals a dramatic shift in the sports entertainment landscape, Roger Goodell, the NFL Commissioner, has proclaimed that the league is setting its sights on international competition like never before. With a potential 16 games scheduled abroad within the next five years, the NFL’s strategy to extend its influence beyond the continental
Wynn Resorts has made the surprising decision to withdraw its pursuit for a casino license in New York, effectively signaling a caustic defeat for a company long associated with high-rolling glamour. The move reflects a bitter acknowledgment of the grim realities tied to the licensure process in the state—a venture that has proved not just
The recent decision by Charter Communications and Cox Communications to merge has sent shockwaves through the cable industry. Valued at an eye-popping $34.5 billion, this monumental deal is being touted as one of the most substantial in corporate America this year. However, such mergers often come with more peril than promise, especially in a fast-evolving
In a time when the restaurant industry is struggling with sluggish consumer spending and uncertain economic conditions, Cava exemplifies the strength of strategic pivoting and understanding of its clientele. While many fast-casual chains are grappling with declining sales, Cava reported a remarkable 10.8% growth in same-store sales during the latest fiscal quarter. This impressive performance