Intel’s stock is soaring. Why Nvidia is investing $5 billion in the chip maker.
The Nvidia investment is the latest source of relief for Intel investors after the U.S. government took a stake in the chip company last month.
Hyundai adjusts 2025 forecast, citing tariffs, ahead of investor day
NEW YORK – Hyundai Motor is increasing its revenue expectations for this year, despite ongoing U.S. tariffs causing the automaker to lower its expected operating profit margin for 2025. The new targets call for an operating profit margin this year of between 6% and 7%, down from 7% to 8%, and an increase in revenue […]
Social Security could change eligibility rules for disability — blocking benefits for 750,000 disabled Americans
“Further tightening of an already strict program would likely worsen outcomes,” new report says.
Frontier CEO fires back at United CEO’s criticism of discount airlines
President and CEO of Frontier Airlines, Barry Biffle attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 17, 2022, in New York City. Steven Ferdman | Getty Images Entertainment | Getty Images Frontier Airlines CEO Barry Biffle fired back at his counterpart at United Airlines who said the […]
Spirit CEO says airline will slash flights, could cut jobs
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in […]
ABC pulls Jimmy Kimmel following government pushback over Charlie Kirk comments
ABC said Wednesday that it was pulling late-night host Jimmy Kimmel’s show indefinitely following remarks he made about the shooting of conservative activist Charlie Kirk that had drawn a rebuke from the Trump administration.
