U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic…
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Business
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A month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time…
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There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los Angeles Rams, No. 2 on CNBC’s Official 2024 NFL Team…
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Business
NFL’s next big media rights payday is years off — and subject to a shifting industry
by adminIn 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year, $77…
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Business
How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market
by adminIt’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the chipmaker powering the…
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WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel,…
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A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for…
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Business
Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks
by adminGlobal semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight. In the U.S.,…
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Business
Volkswagen braces for showdown with unions after warning of possible German plant closures
by adminGerman automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for…
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Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a…