Business Archives | Page 11 Of 173

Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin

Travelers wait in line at a security checkpoint at O’Hare International Airport in Chicago, Illinois on November 7 2025. Kamil Krzaczynski | Afp | Getty Images U.S. airlines started cancelling hundreds of flights on Friday, hours after the Federal Aviation Administration ordered the cuts amid the more-than-monthlong government shutdown. The cuts were ordered as air […]

Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin Read More »

McDonald’s U.S. boss puts focus on ‘value and affordability’ as consumer spending splits

Business News

McDonald’s Meal Deal photographed in Washington, D.C., on Aug. 26, 2024. Scott Suchman | The Washington Post | Getty Images McDonald’s leadership is urging operators to stay the course on value offerings as the competition for consumers plays out across the restaurant space. In a memo to U.S. operators following the company’s third-quarter earnings, McDonald’s

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Here’s how much weight loss drugs could cost you under Trump’s deals with Eli Lilly, Novo Nordisk

Business News

Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images President Donald Trump on Thursday struck landmark deals with Eli Lilly and Novo Nordisk to slash the prices of their blockbuster weight loss drugs. Under the agreements, the monthly out-of-pocket cost of popular injections and

Here’s how much weight loss drugs could cost you under Trump’s deals with Eli Lilly, Novo Nordisk Read More »

Musk’s trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk

Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk

Finance News

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. +$1 trillion The richest man in

Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk Read More »

Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs

Finance News

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla CEO Elon Musk says the company will likely need to build a “gigantic” semiconductor fabrication plant to keep up with its artificial intelligence and robotics ambitions. “One of the things I’m trying to

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Peloton posts bullish holiday forecast, betting that shoppers will spend big on new product lineup

Business News

Peloton on Thursday posted its second profitable quarter in a row as it released strong guidance for the crucial holiday shopping season, banking on its relaunched product assortment to drive growth. The connected fitness company posted a surprise net income of $13.9 million in the three months ended Sept. 30, compared with a loss of

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Startup Omada Health to start prescribing GLP-1s, other obesity medications as membership grows

Business News

The Omada Health logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Virtual care company Omada Health on Thursday said it will start prescribing GLP-1s and other obesity drugs and helping patients manage those medications. Omada plans to expand the offerings under its weight management program as its membership grows

Startup Omada Health to start prescribing GLP-1s, other obesity medications as membership grows Read More »

Retailers’ holiday hiring to hit lowest level since the Great Recession, says major industry trade group

Business News

Shoppers carry bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic Analysis is scheduled to release personal spending figures on December 20. David Paul Morris | Bloomberg | Getty Images Holiday hiring by retailers is expected to total between 265,000 and 365,000 roles this year, the

Retailers’ holiday hiring to hit lowest level since the Great Recession, says major industry trade group Read More »

Microsoft forms superintelligence team under AI chief Suleyman ‘to serve humanity’

Technology News

Mustafa Suleyman, CEO of Microsoft AI and then CEO and co-founder of Inflection AI, speaks during the Axios BFD event in New York on Oct. 12, 2023. Brendan Mcdermid | Reuters Microsoft on Thursday said it’s forming a team that will be tasked with performing advanced artificial intelligence research. Mustafa Suleyman, CEO of the Microsoft

Microsoft forms superintelligence team under AI chief Suleyman ‘to serve humanity’ Read More »

Trump announces deals with Eli Lilly, Novo Nordisk to slash weight loss drug prices, offer some Medicare coverage

Business News

A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Hollie Adams | Reuters President Donald Trump on Thursday announced deals with Eli Lilly and Novo Nordisk to slash the prices of some of their obesity drugs, including upcoming pills, in a landmark

Trump announces deals with Eli Lilly, Novo Nordisk to slash weight loss drug prices, offer some Medicare coverage Read More »

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