Business News Archives | Page 72 Of 146

Why U.S. air traffic control is stretched so thin — and the fight to fix it

An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers have been under strain for years, but a 90-second equipment failure last month exposed how decades of staffing shortages, underinvestment and patchwork solutions for those who guide planes […]

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Newark air traffic controllers lost contact with planes again in overnight outage

Business News

A man stands outside Terminal C with the airport control tower in the background at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers who guide planes in and out of Newark Liberty International Airport lost radar and communication with aircraft before dawn on

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Startup Teal Health wins FDA approval for at-home test for cervical cancer screening

Business News

The Food and Drug Administration on Friday approved the first-ever at-home test for cervical cancer screening, developed by San Francisco-based startup Teal Health. The company began developing the prototype for its Teal Wand just over five years ago. The concept was to make cervical cancer screening more accessible via telehealth and a test that could

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Candy giant Ferrero adds American twists to Nutella, Ferrero Rocher to fuel U.S. growth

Business News

Containers of Nutella hazelnut spread made by the Ferrero company is displayed on March 27, 2024 in San Anselmo, California. Justin Sullivan | Getty Images News | Getty Images Ferrero North America is adding peanuts to its Nutella, turning its Ferrero Rocher spheres into squares and adding Dr Pepper flavor to Tic Tacs, all in

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Saudi sovereign wealth fund PIF deepens investment in women’s professional golf

Business News

PIF will become the title sponsor of revamped golf series. Severn Images Saudi Arabia is deepening its investment in women’s professional golf. The Public Investment Fund, the sovereign wealth fund of Saudi Arabia, announced on Wednesday that it will become the title partner of five events that will take place on the the Ladies European

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Bill Gates doubles giving to 0 billion, says philanthropists can’t cover government cuts

Bill Gates doubles giving to $200 billion, says philanthropists can’t cover government cuts

Business News

Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission’s Berlaymont headquarters in Brussels on October 11, 2023. Simon Wohlfahrt | Afp | Getty Images Billionaire Bill Gates announced on Thursday that he will double his charitable giving to $200 billion over the next 20 years. In

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Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Business News

Justin Sullivan | Getty Images News | Getty Images Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in

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Family offices still betting on AI startups during deal slowdown

Business News

Jack Hidary, CEO of SandboxAQ Courtesy of SandboxAQ 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, straight to your inbox. Private investment firms of the ultra-rich, rattled by President Donald Trump’s tariffs, continued

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Carvana’s record quarterly results top Wall Street expectations

Business News

Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images DETROIT — Carvana’s first-quarter results easily topped Wall Street’s expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs. Carvana CEO and co-founder Ernie

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March Madness drags down Flutter first-quarter results

Business News

Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA’s college basketball tournament weighed on overall first-quarter results for FanDuel’s parent company. The global sports and online gambling platform reported first-quarter adjusted earnings per share of $1.59, missing Wall Street consensus of $1.89 per share, according to LSEG. Revenue for the period also missed

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Why U.S. air traffic control is stretched so thin — and the fight to fix it

Newark air traffic controllers lost contact with planes again in overnight outage

Candy giant Ferrero adds American twists to Nutella, Ferrero Rocher to fuel U.S. growth

Saudi sovereign wealth fund PIF deepens investment in women’s professional golf

Bill Gates doubles giving to $200 billion, says philanthropists can’t cover government cuts

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Family offices still betting on AI startups during deal slowdown

Carvana’s record quarterly results top Wall Street expectations

March Madness drags down Flutter first-quarter results

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