Aunt Jemima to Get New Name as PepsiCo Concedes ‘Racial Stereotype’
(Bloomberg) -- The Aunt Jemima brand will be phased out -- and Uncle Ben's and Mrs. Butterworth's could follow suit -- as nationwide protests prompt...
Starbucks sees $3.2 billion coronavirus hit, expands new ‘pickup’ cafe format
The Seattle-based company said Wednesday it expects to report an adjusted loss of 55 to 70 cents a share when it next releases earnings.
GE to slash 13,000 jobs in aviation amid air travel plunge
For GE, the stress on a key business threatens a broader turnaround effort as CEO Larry Culp attempts to pull the company from one of...
Boeing mulls reporting changes, safety panel after 737 MAX crashes
The changes would be the first concrete steps taken by Boeing to overhaul its operations as the ailing company grapples with a crisis around its...
GE plunges most in 11 years as Madoff accuser alleges ‘accounting fraud’
Harry Markopolos said GE will need to increase its insurance reserves by $18.5 billion in cash -- plus an additional noncash charge of $10.5 billion...
Mitsubishi to buy Bombardier regional-jet unit for $550 million
The first jet in Mitsubishi 's new SpaceJet regional aircraft line is being flight-tested at Moses Lake, and Mitsubishi Aircraft recently moved its U.S. headquarters...
3M plunges on forecast cut after ‘disappointing start’ to 2019
The maker of Post-it notes, industrial coatings and ceramics said it plans to cut 2,000 jobs globally as part of a restructuring due to a...