Business News Archives | Page 28 Of 127

American Airlines scales back 2025 profit outlook as third-quarter forecast falls short

American Airlines shares slumped Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and it reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom told CNBC’s “Squawk Box” that the results are driven by consumer weakness, flat corporate travel demand that continued […]

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Family office deal-making has fallen this year as investors wait for clarity

Business News

Key Points Private investment firms of the ultra wealthy made 375 direct investments in the first half of 2025, a 32% annual drop, according to Fintrix. Family offices are still showing interest in hard assets needed by AI, such as data centers, and are also looking abroad. Family office experts told CNBC that firms have

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Eli Manning invests in sports equipment maker XTech

Business News

Eli Manning is not only an investor in XTECH but he wore their shoulder pads during his playing days. Evan Pinkus/XTECH Two-time Super Bowl MVP Eli Manning may have hung up his shoulder pads, but he’s still taking interest in the gear. The former New York Giants quarterback on Thursday announced he has invested in

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Why cutting capital gains tax on home sales wouldn’t solve the country’s housing issues

Business News

A Sold sign in front of a home under construction at the Waterways subdivision in Gulf Shores, Alabama, US, on Friday, Dec. 6, 2024. Micah Green | Bloomberg | Getty Images Real estate experts are weighing in on a potential end to capital gains tax on home sales — as floated by President Donald Trump

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Hasbro beats second-quarter expectations as gaming division offsets tariff-fueled toy slump

Business News

A Magic: The Gathering card is displayed on a mobile phone during a weekly tournament at the Uncommons hobby shop in New York, U.S., on Thursday, June 27, 2019. Mark Abramson | Bloomberg | Getty Images Toy and gaming giant Hasbro topped Wall Street expectations for the second quarter as strength in its digital gaming

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June home sales drop as prices hit a record high

Business News

Homes in Los Angeles, California, US, on Sunday, July 13, 2025. Like in the broader US market, home sales have slowed in Southern California as high interest rates and economic uncertainty chill demand. Eric Thayer | Bloomberg | Getty Images Sales of previously owned homes in June dropped 2.7% from May to 3.93 million units

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Goldman Sachs and BNY join forces to transform .1 trillion money market industry with digital tokens

Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens

Business News

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Goldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase tokenized

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McDonald’s revamped Snack Wraps are winning over customers

Business News

Wayne Kuhl, a McDonald’s chef, shows the spicy and ranch Snack Wrap after he finished wrapping at the McDonald’s Headquarters in Chicago on May 29, 2025. Nam Y. Huh | AP Early data suggests the return of McDonald’s Snack Wraps is winning over customers. After a nearly decadelong hiatus, the burger chain brought back the

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GM says EVs are its ‘North Star’ as legacy automaker chases Tesla

Business News

The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by a wide margin, General Motors said on Tuesday it has secured the No. 2 position and believes it has an “inherent advantage”

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How companies are using body heat sensors to make offices more efficient and hospitable

Business News

Butlr heat sensing tech provides insights into office space utilization. Courtesy of Butlr A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large

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American Airlines scales back 2025 profit outlook as third-quarter forecast falls short

Family office deal-making has fallen this year as investors wait for clarity

Eli Manning invests in sports equipment maker XTech

Why cutting capital gains tax on home sales wouldn’t solve the country’s housing issues

Hasbro beats second-quarter expectations as gaming division offsets tariff-fueled toy slump

June home sales drop as prices hit a record high

Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens

McDonald’s revamped Snack Wraps are winning over customers

GM says EVs are its ‘North Star’ as legacy automaker chases Tesla

How companies are using body heat sensors to make offices more efficient and hospitable

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