Business

Spring break is here and people suffering from a year of cabin fever are throwing caution to the wind. Saturday marked the 10th straight day on which more than 1 million passengers traveled through American airports. The TSA reported 1,369,180 travelers passed through security checkpoints Saturday, a day after air passengers set a new pandemic

Texas Roadhouse founder and CEO Kent Taylor died Thursday, according to a post on the restaurant chain’s Facebook page. He was 65. “Our community and the restaurant industry lost a legend and the Taylor family lost a wonderful son, father and grandad this week,” said a joint statement from Taylor’s family and Texas Roadhouse sent

Alexi McCammond is out as editor-in-chief of Teen Vogue even before officially starting, she and the magazine’s owner announced Thursday. The announcement of her appointment to the job had sparked outrage from the publication’s staffers and readers as well as some celebrities because of anti-Asian and homophobic tweets she posted a decade ago. “I became

Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an extension. JPMorgan Chase, Wells Fargo and other big bank stocks retreated on the news, helping to drive the Dow down as much as about 300 points, or 1%. US Treasury yields also crept higher,

Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an extension. JPMorgan Chase, Wells Fargo and other big bank stocks retreated on the news, helping to drive the Dow down as much as about 300 points, or 1%. US Treasury yields also crept higher,

After months of sporting the “casual look” — in some cases surrendering fully to our inner shaggy and shabby — consumers are itching to trim, wax and glue their way back to their glorious pre-pandemic selves. Service providers for body waxes, eyelash extensions and one-hour shampoo and blowout combos say their business has revved up

Despite taking a hit from lousy, snowy weather in February, FedEx is thriving thanks to online shopping. Shares of FedEx soared more than 6% Friday after the shipping giant reported earnings and revenue for its latest quarter that easily topped forecasts and provided a healthy outlook for 2021. Sales increased more than 20% in the

The pandemic exposed the huge inequities baked into the global economy. That could make for a tense string of annual meetings this spring, as companies ask shareholders to approve millions of dollars in compensation for executives. What’s happening: This week, Sen. Bernie Sanders introduced legislation that would tax companies believed to be overcompensating top brass,

Starbucks shareholders voted against the company’s CEO pay proposal in a rare move that may indicate some shareholders think the chief executive is overpaid. The news was first reported by the Wall Street Journal following Starbucks’ annual shareholder meeting. Starbucks confirmed the results of the vote to CNN Business. Starbucks CEO Kevin Johnson earned a

US stocks were poised to rebound on Friday as investors shrugged off an overseas sell-off and inflation fears receded. Dow futures were last up 27 points or 0.1%. S&P 500 futures increased 0.2% and Nasdaq futures gained 0.5%. Wall Street stumbled on Thursday, with energy and tech stocks selling off, and the 10-year Treasury bond

It’s hard to imagine a more disastrous IPO rollout than the past few months for Robinhood. Regulators accused the app-only brokerage of deceiving customers, its CEO was hauled before Congress and Michael Bolton appeared in a viral video about the trading platform’s controversial business model. Robinhood’s GameStop trading restrictions sparked such an uproar that Senator

The NFL is giving Amazon Prime Video exclusive rights to Thursday Night Football — part of its new 11-year deal with TV networks valued at more than $100 billion. The new deal includes Amazon, CBS, ESPN/ABC, Fox and NBC. It covers 11 years, including a 10-year deal beginning in 2023 and a bridge year deal

Tran Wills couldn’t talk Wednesday about the shootings at Atlanta spas a day earlier without breaking down sobbing. “I saw myself in these women,” she said. “I feel I have been screaming about hate crimes and violence against Asian Americans from the beginning of the pandemic, and no one was listening.” Many Asian-American and Asian