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American Express unveils refreshed Platinum card with 5 annual fee, upping the ante in luxury cards

American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards

American Express platinum business card. Courtesy: American Express American Express on Thursday unveiled updates to its flagship credit card amid heightened industry competition over the country’s high spenders. The company said that consumer and business versions of its refreshed Platinum card now carry an $895 annual fee, about 29% higher than the current fee of […]

American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards Read More »

Covid shot access, coverage at stake as RFK Jr.’s hand-picked vaccine panel convenes 

Covid shot access, coverage at stake as RFK Jr.’s hand-picked vaccine panel convenes 

Ruth Jones, immunization nurse, holds a Pfizer-BioNTech COVID-19 vaccine (brand name: Comirnaty) at Borinquen Health Care Center in Miami, Florida, on May 29, 2025. Joe Raedle | Getty Images Covid shot access and coverage in the U.S. hang in the balance as an influential government vaccine panel hand-picked by Health and Human Services Secretary Robert

Covid shot access, coverage at stake as RFK Jr.’s hand-picked vaccine panel convenes  Read More »

Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day

Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day

NEW YORK – Hyundai Motor is increasing its revenue expectations for this year, despite ongoing U.S. tariffs causing the automaker to lower its expected operating profit margin for 2025. The new targets call for an operating profit margin this year of between 6% and 7%, down from 7% to 8%, and an increase in revenue

Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day Read More »

Spirit CEO braces employees for more job cuts as struggling airline will slash flights

Spirit CEO braces employees for more job cuts as struggling airline will slash flights

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.  Kevin Carter | Getty Images News | Getty Images Spirit Airlines CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in

Spirit CEO braces employees for more job cuts as struggling airline will slash flights Read More »

Cracker Barrel stock falls 10% as company reports mixed earnings after rebrand controversy

Cracker Barrel stock falls 10% as company reports mixed earnings after rebrand controversy

In an aerial view, a Cracker Barrel sign featuring the old logo hangs on a sign outside of a restaurant on Aug. 27, 2025 in Florida City, Florida. Joe Raedle | Getty Images Cracker Barrel Old Country Store said Wednesday the restaurant chain is focusing on enhancing its experiences for guests after it faced intense

Cracker Barrel stock falls 10% as company reports mixed earnings after rebrand controversy Read More »

Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced

Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced

Live Nation CEO Michael Rapino and Smith Entertainment Group CEO Ryan Smith said this week that live events are more central than ever to culture and commerce in a post-pandemic world. Speaking at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, the executives said that the high demand for in-person events has been unmistakable.

Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced Read More »

‘That’s cute’: Frontier CEO fires back at United CEO declaring discount airline model dead

‘That’s cute’: Frontier CEO fires back at United CEO declaring discount airline model dead

President and CEO of Frontier Airlines, Barry Biffle attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 17, 2022, in New York City. Steven Ferdman | Getty Images Entertainment | Getty Images Frontier Airlines CEO Barry Biffle fired back at his counterpart at United Airlines who said the

‘That’s cute’: Frontier CEO fires back at United CEO declaring discount airline model dead Read More »

Eli Lilly’s obesity pill outperforms Novo Nordisk’s oral drug in head-to-head diabetes trial

Eli Lilly’s obesity pill outperforms Novo Nordisk’s oral drug in head-to-head diabetes trial

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly on Wednesday said its experimental pill outperformed Novo Nordisk‘s own oral drug in the first head-to-head study comparing the two medicines in patients with Type 2 diabetes.  The

Eli Lilly’s obesity pill outperforms Novo Nordisk’s oral drug in head-to-head diabetes trial Read More »

Josh Harris says you likely won’t see more sports assets going public as values soar

Josh Harris says you likely won’t see more sports assets going public as values soar

Washington Commanders managing partner Josh Harris (L) signs a Commanders helmet while joined by Washington D.C. Mayor Muriel Bowser (C) and NFL Commissioner Roger Goodell (R) during a news conference on construction of a new Commanders stadium in Washington, D.C., on April 28, 2025. Win McNamee | Getty Images Over the last decade, private equity

Josh Harris says you likely won’t see more sports assets going public as values soar Read More »

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