A Spirit Airlines plane at New York’s LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines, an icon of budget air travel that reshaped the industry, has filed for bankruptcy protection after years of mounting losses, a failed merger and more demanding consumer tastes. The carrier early Monday announced a prearranged deal with its bondholders including $300 million […]
A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images After a tough year for the restaurant industry, executives can’t wait for 2025 to start. “I don’t know about you guys, but I’m ready for ’24 to be behind us, and I think ’25 is going
Restaurant executives can’t wait for 2025 after slow traffic and wave of bankruptcies Read More »
A view of Rocket Lab’s HASTE suborbital launch vehicle. Rocket Lab Rocket Lab shares jumped in post-market trading after the company reported third-quarter results and announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a
Omar Marques | Lightrocket | Getty Images Shares of Amgen fell more than 7% Tuesday as analysts chewed over bone density loss data from an early-stage trial on its experimental weight loss injection, MariTide. One analyst said the additional data suggests a new potential safety risk tied to the drug. But others said the share
Amgen stock falls as analysts mull over weight loss drug’s bone density data Read More »
A provided image of Oliver Blume, CEO of Volkswagen Group and RJ Scaringe, founder and CEO of Rivian, as the companies announce joint venture plans on June 25, 2024. Courtesy: Business Wire Rivian Automotive and Volkswagen Group have released details of their previously announced joint venture ahead of the operations launching Wednesday. The companies in
Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US. Eva Marie Uzcategui | Bloomberg | Getty Images The Federal Aviation Administration on Tuesday banned U.S. civilian flights to and from Haiti for 30 days after a Spirit Airlines airplane was struck by gunfire trying to land in Port-au-Prince a day
FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire Read More »
Closeup of late 40s handsome executive man driving in the back seat of a luxury limousine and using a smart phone. Gilaxia | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions,
Family offices becoming ‘economic powerhouse’ in private company deals Read More »
An employee works in the cockpit of a Boeing P-8 Poseidon maritime patrol aircraft on the production line at Boeing’s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond | Reuters Boeing‘s more than 32,000 machinists who were on strike are required to return to their factories no later than Tuesday, but getting factories
People wait in a line to enter “The Lab,” a “Stranger Things” Netflix series experience in Madrid on June 2, 2022. Beata Zawrzel/ | Nurphoto | Getty Images Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched. The company said Tuesday more than 50% of its
Netflix ad-supported tier has 70 million monthly users two years after launch Read More »
2026 Cadillac Vistiq EV GM DETROIT — General Motors‘ newest all-electric vehicle is a three-row SUV for its Cadillac luxury line, which the brand is dubbing a “baby Escalade.” The 2026 Cadillac Vistiq will be the last in a lineup of new EVs in the brand’s portfolio when it goes into production and arrives in dealer
GM’s newest EV is a Cadillac ‘baby Escalade’ called Vistiq Read More »
