Business

Southwest attendant suffers broken back in hard landing

DALLAS — A Southwest Airlines flight attendant suffered a compression fracture to a vertebra in her upper back during a hard landing last month in California, according to federal safety investigators. The National Transportation Safety Board said the impact of landing was so hard that the flight attendant thought the plane had crashed. She felt …

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Billions Pour Into Bioplastics as Markets Begin Ramping Up

MARK GILLISPIE, Associated Press CLEVELAND (AP) — In a world increasingly troubled by the persistent harm that plastic — manufactured in petrochemical plants — has had on the environment, companies are investing billions of dollars to ramp up production of plastics made from natural, renewable materials that can be safely composted or can biodegrade under …

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GoodRx stock rockets after earnings as the company says snag with large grocer has been resolved

Shares of GoodRx Holdings Inc. popped nearly 50% in after-hours trading Monday after the company, which offers services for people looking to compare prescription drug prices, topped expectations with its latest results and indicated that a previously disclosed issue with a major grocer has since been “addressed.” The company reported a second-quarter net loss of …

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Toys R Us reopens in 9 states, more locations ‘coming soon’

The iconic toys of Mattel Mattel has produced several iconic toys throughout the decades. Toys R Us, the beloved children’s toy storeis officially back inside Macy’s locations in 9 states, with more “coming soon.” The retailer made a Christmas in July-type announcement, saying all locations will be completed by October 15, just in time for …

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Steak’s off the table: Inflation-weary shoppers are switching to chicken

Tyson (TSN)the meat processing giant, said Monday that “demand for chicken is extremely strong,” while demand for its higher-priced cuts of beef has softened. The company said its average sales price for chicken grew during its latest quarter, while the average price for beef and pork fell as consumers balked at some premium cuts. Meat …

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Qantas asks senior executives to temporarily help as airport baggage handlers

The airline has called on at least 100 senior staff to join its outsourced ground handling teams at Sydney and Melbourne airports for three months. “The high levels of winter flu and a Covid spike across the community, coupled with the ongoing tight labor market, make resourcing a challenge across our industry,” Colin Hughes, Qantas’ …

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China July exports rise, with trade surplus at record-high

BEIJING (AP) — China’s export growth continued to rise in July, sending the trade surplus to a record high, according to government data. China’s exports grew 18% to $333 billion compared to the same period last year, and were up from 17.9% in June, according to data from China’s customs. Imports, however, remained soft, growing …

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These stocks won earnings season and are expected to rally further — including one by nearly 50%

Stocks rose across the board last month on the back of better-than-expected quarterly results, but CNBC Pro found some companies that absolutely won earnings season. These stocks led the rally during earnings season, and are expected to build on that momentum from here. What’s more? They’re adored by analysts, even as Wall Street at large …

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