Javier Olivan, Meta’s new COO, built his career on global growth

Mark Zuckerberg, chief executive officer of Facebook Inc., right, pauses while speaking as Javier Olivan, vice president of growth and analytics at Facebook Inc., looks on at Billionaire Carlos Slim’s Telmex Foundation annual event for scholarship students in Mexico City, Mexico, on Friday, Sept. 5, 2014. Zuckerberg said he’s willing to spend whatever it takes … Read more

Red Sox to offer full-season streaming; Yankees on deck: sources

The Boston Red Sox have gotten off to a slow start this season, but the Yankees’ hated rival has pulled ahead of the Bombers in the lucrative streaming wars. Red Sox fans can now cut the cord after the regional sports network that broadcasts their games announced the launch of a stand-alone streaming subscription Wednesday … Read more

Amazon sharply criticizes looming antitrust bill in Congress

Washington CNN Business — Amazon (AMZN) has sharply criticized a looming antitrust bill in Congress that it says unfairly targets the company and could degrade its customers’ experience. In a blog post Wednesday, Amazon VP of Public Policy Brian Huseman alleged that a bill led by Sen. Amy Klobuchar in the Senate and Rep. David … Read more

WHO says monkeypox has been spreading undetected as global cases rise to more than 550

In this photo illustration, a photo of a hand infected with the Monkeypox virus is seen through a magnifying glass. Monkeypox is a viral disease that occurs mainly in central and western Africa. Rafael Henrique | light rocket | Getty Images The World Health Organization on Wednesday confirmed more than 550 monkeypox cases across 30 … Read more

Levi Strauss & Co. (LEVI) reaffirms 2022 outlook, boosts guidance

A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Levi Strauss & Co. on Wednesday maintained its outlook for the full year and boosted its financial targets over the next five years as the … Read more

GM’s new concept car to revolutionize the brand for EVs

Buick Wildcat Concept Buick DETROIT— General Motors on Wednesday unveiled the Buick Wildcat, a new concept car designed to signal a revolutionary change for the brand, as it moves to offer only electric vehicles in North America by the end of this decade. The car reflects the future design and technological directions of the 119-year-old … Read more

Capri Holdings, Salesforce, Weibo and others

Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The parent of luxury brands, like Michael Kors, Versace and Jimmy Choo, saw its stock surge 11% in the premarket after posting better-than-expected quarterly numbers before giving back nearly all those gains. Capri earned an adjusted $1.02 per share, 20 cents above … Read more

Why you’re going to hate traveling this summer

Airlines had said they were prepared to avoid the service problems that plagued much of the industry last year. But between Friday and Monday, US airlines canceled 2,653 flights, or nearly 3% of their collective schedules, according to tracking service FlightAware. That’s more than they had canceled for the same holiday weekend the previous three … Read more

Autoworker union accuses GM’s joint venture of denying access for organizing

Striking United Auto Workers members and supporters attend a speech by Vermont Sen. Bernie Sanders outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland/CNBC DETROIT – The United Auto Workers union is accusing a new General Motors joint venture of denying access to workers to conduct a preliminary organizing vote. … Read more

Qatar Airways CEO defends 160 extra daily flights at ‘climate-neutral’ World Cup

Abu Dhabi, UAE CNN — The chief executive of Qatar Airways has defended a plan to operate more than 160 extra flights to shuttle spectators from the region to Doha and back each day, for what has been advertised as the first “carbon neutral” FIFA World Cup. Qatar Airways announced on Thursday it had partnered … Read more