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American Airlines temporarily grounded U.S. flights because of technical glitch

American Airlines temporarily grounded U.S. flights because of technical glitch

Business News

American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida. Joe Raedle | Getty Images American Airlines grounded its U.S. flights Tuesday morning due to a technical problem, snarling travel during what carriers expect to be a period of record demand for the holidays. By 7:55 […]

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The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms

The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms

Business News

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. Skyrocketing salaries for top athletes and lucrative deals for college players have touched off a new gold rush among

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FDA says the Zepbound shortage is over. Here’s what that means for compounding pharmacies, patients who used off-brand versions

FDA says the Zepbound shortage is over. Here’s what that means for compounding pharmacies, patients who used off-brand versions

Business News

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters The roughly $1,000 monthly price tag of Eli Lilly‘s weight loss drug Zepbound put the blockbuster treatment out of reach for Willow Baillies, 29, whose insurance does not cover it. Baillies,

FDA says the Zepbound shortage is over. Here’s what that means for compounding pharmacies, patients who used off-brand versions Read More »

Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry

Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry

Business News

Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg | Getty Images DETROIT — There’s growing concern that President-elect Donald Trump’s plan to impose 25% tariffs on Canadian imports would be an existential threat

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Silicon Valley’s White House influence grows as Trump taps tech execs for key roles

Silicon Valley’s White House influence grows as Trump taps tech execs for key roles

Technology News

U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024.  Cheney Orr | Reuters President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House. Trump said Sunday he would nominate Scott Kupor, a

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U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers

U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers

Business News

A Walmart truck pulls out of a Walmart Distribution Center in Hurricane, Utah, on May 30, 2024. George Frey | Afp | Getty Images The Consumer Financial Protection Bureau filed a complaint Monday against Walmart and work-scheduling platform Branch Messenger for allegedly forcing delivery drivers to use poorly managed and costly deposit accounts in order

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MicroStrategy rides ‘red sweep’ to 477% gain in 2024, topping almost all U.S. stocks

MicroStrategy rides ‘red sweep’ to 477% gain in 2024, topping almost all U.S. stocks

Finance News

Michael Saylor, chairman and chief executive officer at MicroStrategy, during an interview at the Bitcoin 2023 conference in Miami Beach, Florida, US, on Thursday, May 18, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images On the eve of MicroStrategy‘s stock market debut in June 1998, founder Michael Saylor stayed in a penthouse suite at

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Mark Zuckerberg went all in on Meta’s AI strategy this year. The pressure builds in 2025

Mark Zuckerberg went all in on Meta’s AI strategy this year. The pressure builds in 2025

Finance News

Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters “Aut Zuck Aut Nihil” spanned the front of Mark Zuckerberg’s loose-fitting black shirt during his keynote at Meta’s Connect event in September. 

Mark Zuckerberg went all in on Meta’s AI strategy this year. The pressure builds in 2025 Read More »

A CNBC holiday tradition: 13 anonymous media predictions for the new year

A CNBC holiday tradition: 13 anonymous media predictions for the new year

Business News

Bob Iger, CEO of Disney (L), and Brian Roberts, CEO of Comcast (R). Getty Images Ho, ho, ho! It’s a CNBC holiday tradition: Anonymous media executives make their 2025 industry predictions. In honor of the 12 days of Christmas, we give you 12 predictions from some of the most powerful media and entertainment executives in

A CNBC holiday tradition: 13 anonymous media predictions for the new year Read More »

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