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.
Cracker Barrel Q4 2025 Earnings
In an aerial view, a Cracker Barrel sign featuring the old logo hangs on a sign outside of a restaurant on Aug. 27, 2025 in Florida City, Florida. Joe Raedle | Getty Images Cracker Barrel Old Country Store said Wednesday the restaurant chain is focusing on enhancing its experiences for guests after it faced intense […]
This $1.6 billion deal is a sign that the worst of the crisis in office real estate is in the past
The market for office space has struggled to bounce back from the pandemic — but there are encouraging signals in marquee markets.
Live Nation CEO touts demand, says concert tickets are underpriced
Live Nation CEO Michael Rapino and Smith Entertainment Group CEO Ryan Smith said this week that live events are more central than ever to culture and commerce in a post-pandemic world. Speaking at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, the executives said that the high demand for in-person events has been unmistakable. […]
NCAA sports commissioners weigh revenue models, private equity
Big East Commissioner Val Ackerman, Atlantic Coast Conference Commissioner Jim Phillips, and Big 12 Commissioner Brett Yormark. Porter Binks | Matt Kelley | Stacy Revere | Getty Images College sports leaders are crunching the numbers as they head toward payments for players and new avenues for revenue growth. Speaking at CNBC Sport and Boardroom’s Game […]
