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Newark flight disruptions pile up as United Airlines blames FAA staffing, technology

Newark flight disruptions pile up as United Airlines blames FAA staffing, technology

Business News

United Airlines airplanes proceed to a runway at Newark Liberty International Airport on Feb. 20, 2025, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images United Airlines passengers faced hourslong delays again Friday as air traffic controller staffing issues disrupted more flights at the carrier’s hub at Newark Liberty International Airport in […]

Newark flight disruptions pile up as United Airlines blames FAA staffing, technology Read More »

Netflix stock is trading at all-time high levels in unprecedented win streak

Netflix stock is trading at all-time high levels in unprecedented win streak

Business News

Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Stock Chart IconStock chart icon Netflix stock since April 17. Its previous record was a nine-day stretch in late 2018 and early 2019 when the stock traded up for four

Netflix stock is trading at all-time high levels in unprecedented win streak Read More »

Churchill Downs CEO says interest in the Kentucky Derby is strong despite global uncertainty

Churchill Downs CEO says interest in the Kentucky Derby is strong despite global uncertainty

Business News

The 151st running of the Kentucky Derby is set for Saturday amid a backdrop of global economic uncertainty, waning consumer confidence and tariffs that could cause construction costs to rise. Churchill Downs has paused a $900 million capital improvement project at its storied race track in Louisville, Kentucky, the site of the world’s most famous

Churchill Downs CEO says interest in the Kentucky Derby is strong despite global uncertainty Read More »

Billionaire Lukas Walton names new CIO for his family office

Billionaire Lukas Walton names new CIO for his family office

Business News

Noelle Laing, chief investment officer of Builders Vision. Courtesy of Builders Vision A version of this article 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. Builders Vision, the family office of billionaire Walmart heir Lukas Walton, has

Billionaire Lukas Walton names new CIO for his family office Read More »

L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays

L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays

Business News

First Lady Melania Trump laughs as she watches US President Donald Trump cut with a saber into a cake representation of the new Air Force One design during the Commander-In-Chief inaugural ball at the Walter E. Washington Convention Center in Washington, DC, on Jan. 20, 2025. Patrick T. Fallon | AFP | Getty Images The

L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays Read More »

Automakers report significant April sales increases amid tariff fear-buying, but the good times may not last

Automakers report significant April sales increases amid tariff fear-buying, but the good times may not last

Business News

The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Automakers such as Ford Motor, Hyundai Motor and Kia on Thursday reported significant year-over-year U.S. sales increases in April, as consumers rushed to purchase new vehicles ahead of potential price increases due to

Automakers report significant April sales increases amid tariff fear-buying, but the good times may not last Read More »

Eli Lilly CEO says company can help ‘respond’ to national security concerns around essential drugs as tariffs loom

Eli Lilly CEO says company can help ‘respond’ to national security concerns around essential drugs as tariffs loom

Business News

CEO of Eli Lilly and Company David Ricks speaks at the Economic Club of New York on March 12, 2024 in New York City. Spencer Platt | Getty Images Eli Lilly CEO Dave Ricks on Thursday said the drugmaker can help “respond” to national security concerns around cheaper essential medicines as pharmaceutical-specific tariffs loom.  The

Eli Lilly CEO says company can help ‘respond’ to national security concerns around essential drugs as tariffs loom Read More »

CVS to boost access to Novo Nordisk’s weight loss treatment Wegovy for patients on its drug plans

CVS to boost access to Novo Nordisk’s weight loss treatment Wegovy for patients on its drug plans

Business News

The “Wegovy” brand slimming syringe is sold in the Achat pharmacy in Mitte. The “Wegovy” slimming syringe has been available in Germany for a year. Jens Kalaene | Picture Alliance | Getty Images CVS Health on Thursday said it will significantly expand access to the blockbuster weight loss drug Wegovy for patients covered by its

CVS to boost access to Novo Nordisk’s weight loss treatment Wegovy for patients on its drug plans Read More »

Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer treatment deal

Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer treatment deal

Business News

Eli Lilly on Thursday reported first-quarter revenue and earnings that topped estimates as demand for its weight loss and diabetes drugs soared, but lowered its full-year profit guidance due to charges related to a recent cancer treatment deal. The pharmaceutical giant now expects its adjusted fiscal 2025 earnings to come in between $20.78 and $22.28

Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer treatment deal Read More »

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