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Business News: General Motors unveils new high-end GMC Sierra Denali and AT4X pickups

General Motors unveils new high-end GMC Sierra Denali and AT4X pickups : Rashtra News 2022 GMC Sierra 1500 AT4X (left) and Denali UltimateGMDETROIT – General Motors is rolling out two new high-end GMC Sierra 1500 pickups, including one called the Denali Ultimate, that will start at more than $80,000 – making it the most expensive

Denver , Colorado , United-states , Duncan-aldred , Cleveland-browns , General-motors , Ford-motor , Denali-ultimate , Thursday-night-football , Denver-broncos , Chevrolet-silverado , Super-duty

Should investors buy the dip in Lululemon? Fund manager weighs in

Shares of popular athleisure brand Lululemon have plummeted this year, trailing the S&P 500 significantly. Portfolio manager Jack Dwyer weighs in on the stock.

China , Jack-dwyer , Mcdonald , Pepsico , Netflix , Infusive-consumer-alpha-global-leaders-fund , Wall-street , Infusive-asset-management , Consumer-alpha-global-leaders , Apparel-retail , Retail-industry , Breaking-news-business

India says new EV policy will open up market to global players

Last month, the government rolled out key initiatives, aimed at boosting the country's position in EV manufacturing.

Tamil-nadu , India , Vietnam , Republic-of , China , Narendra-modi , Rajesh-kumar-singh , Elon-musk , Rajeev-chaba , International-energy-agency , Counterpoint-research , Bain-company

Elliott builds Anglo American stake as miner faces takeover

Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC.

United-states , London , City-of , United-kingdom , American , Elliott-management , Anglo-american , Bhp-group-ltd , Anglo-american-plc , Business , Mergers-and-acquisitions

Activist Ancora endorsed by second Norfolk Southern union

The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.

Jim-barber , Alan-shaw , Jamie-boychuk , Edward-hall , John-orr , Norfolk-southern , General-chairman , Breaking-news-business , Breaking-news , Activism , Mergers-and-acquisitions

Starbucks, Workers United union make progress in negotiations

Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.

Service-employees-international-union , Starbucks , Workers-united , Service-employees-international , Retail-industry , Restaurants , Business , Breaking-news-business , Starbucks-corp , Labor-economy , Personnel

American Airlines cuts some international flights citing Boeing delays

American is the latest carrier to tweak its growth plan, citing late-arriving planes from Boeing.

Chicago , Illinois , United-states , Dallas-fort-worth-international-airport , Texas , Hawaii , Montevideo , Uruguay , Sao-paulo , Sãpaulo , Brazil , Philadelphia

Williams-Sonoma to pay $3.18M for violating FTC's 'Made in USA' order

Williams-Sonoma was charged with advertising multiple products as being "Made in USA" when they were in fact manufactured in other countries, including China.

China , United-states , American , Linam-khan , Pottery-barn , Justice-department , Pottery-barn-kids , Commission-made-in-united-states , Federal-trade-commission , San-francisco-based , Made-in-united-states

Xpeng's Gu says robotaxis won't be a real business for at least five years

Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.

Beijing , China , Elon-musk , Brian-gu , Xpeng-vice-chairman , Technology , Breaking-news-technology , Transportation , Breaking-news-business , Autos , Baidu-inc

Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Beleaguered seafood chain Red Lobster is looking for a buyer to avoid filing for bankruptcy as it contends with slower sales and costly leases.

Mexico , Thailand , Thai , Mexican , Kim-lopdrup , Horace-dawson , Jonathan-tibus , Alvarez-marsal , Kelli-valade , Chipotle-mexican-grill , Bloomberg , Red-lobster