Target was sued by the state of Florida for allegedly concealing the risks of its diversity and social initiatives, leading its stock price to decline.
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Category: Business
US aviation sector calls for emergency funding for air traffic technology, staffing
The U.S. aviation sector called for “robust emergency funding” from Congress for air traffic control technology and staffing after a series of crashes that have raised alarm.
Read More US aviation sector calls for emergency funding for air traffic technology, staffing
Nike to launch new women’s fitness brand with Kim Kardashian’s Skims
Nike will launch a new women’s activewear brand in the U.S. this spring in partnership with Kim Kardashian-owned shapewear clothing company Skims.
Read More Nike to launch new women’s fitness brand with Kim Kardashian’s Skims
US retail sales post largest drop in nearly two years in January
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months.
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Karman Holdings valued at nearly $4 billion as shares jump in NYSE debut
Karman Holdings was valued at nearly $4 billion after its shares rose 36.4% in NYSE debut, signaling strong investor appetite for defense and space companies.
Read More Karman Holdings valued at nearly $4 billion as shares jump in NYSE debut
Boeing says it delivered 45 aircraft in busiest January since 2023
Boeing said that it had delivered 45 airplanes in January, up from 30 deliveries the previous month and the most deliveries in a month for the U.S. planemaker since 2023.
Read More Boeing says it delivered 45 aircraft in busiest January since 2023