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Categories Business

U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree

Author September 9, 2024

U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a

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Categories Business

Google’s second antitrust trial could help shape the future of online ads

Author September 6, 2024

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

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Categories Business

Biden preparing to block U.S. Steel sale to Japanese company

Author September 6, 2024

WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S.

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Categories Business

Red Lobster cleared to exit Chapter 11 bankruptcy

Author September 6, 2024

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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Categories Business

Why the LA Rams are worth $2 billion more than the LA Chargers

Author September 6, 2024

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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Categories Business

NFL’s next big media rights payday is years off — and subject to a shifting industry

Author September 5, 2024

In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year,

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Categories Business

How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market

Author September 5, 2024

It’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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Categories Business

Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

Author September 4, 2024

Global 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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Categories Business

NFL season expected to spur record $35 billion in legal sports wagers

Author September 4, 2024

Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this NFL season, according to

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Categories Business

Volkswagen braces for showdown with unions after warning of possible German plant closures

Author September 4, 2024

German 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

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