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Air traffic control shortages add to U.S. flight delays

Air traffic control shortages add to U.S. flight delays

The Hollywood Burbank Airport air traffic control tower stands on October 6, 2025 in Burbank, California. The Federal Aviation Administration (FAA) stated the airport currently has no air traffic controllers in its tower amid the ongoing federal government shutdown. Incoming flights are being delayed for over two hours, with control duties currently being handled by […]

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Startups are staying private longer thanks to alternative capital

Startups are staying private longer thanks to alternative capital

A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. Even as the IPO market is starting to rebound, startups are staying private for longer

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Gold prices keep rising, and jewelry companies are sounding the alarm

Gold prices keep rising, and jewelry companies are sounding the alarm

Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts and political uncertainty. David Gray | Afp | Getty Images Amid global economic turbulence, the prices of precious metals have been climbing higher and higher. The price of gold in particular has

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Taylor Swift’s ‘The Life of a Showgirl’ album release party snares  million domestically

Taylor Swift’s ‘The Life of a Showgirl’ album release party snares $34 million domestically

A person wearing an outfit inspired by The Eras Tour poses in front of “The Official Release Party of a Showgirl” posters at an AMC theater to celebrate the release of Taylor Swift’s new album “The Life of a Showgirl” in New York City, U.S., Oct. 3, 2025. Kylie Cooper | Reuters Taylor Swift gave

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Nike’s turnaround will ‘take a while’ amid stock slump, CEO Elliott Hill says

Nike’s turnaround will ‘take a while’ amid stock slump, CEO Elliott Hill says

Nike‘s turnaround plan is showing early signs of progress, but it will “take a while” for the company to return to profitable growth, CEO Elliott Hill said in an interview with CNBC’s Sara Eisen aired Monday. “When we come to work we think about three brands, and then multiple sports under each brand and then

Nike’s turnaround will ‘take a while’ amid stock slump, CEO Elliott Hill says Read More »

Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg

Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg

Dan Schulman, CEO, Paypal speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Verizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company’s new CEO. Schulman replaces Hans Vestberg, who had led the company since 2018. Shares of the

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Online holiday spending growth set to slow to 5.3% as shoppers seek discounts

Online holiday spending growth set to slow to 5.3% as shoppers seek discounts

Alistair Berg | Digitalvision | Getty Images Online holiday spending in the U.S. is expected to jump 5.3% year over year to $253.4 billion as consumers seek discounts and even enlist the help of artificial intelligence-powered chatbots, according to an Adobe Analytics report released Monday. Yet that growth would still be slower than the year-ago

Online holiday spending growth set to slow to 5.3% as shoppers seek discounts Read More »

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