Breaking News: Business
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Delta forecasts profit growth thanks to high-end travel and ‘resilient economy’
A Delta aircraft at the airline’s hangar in Atlanta Leslie Josephs/CNBC Delta Air Lines on Wednesday said sales would grow…
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Comcast will announce the spinoff of cable networks Wednesday, CNBC source says
The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018. Mike Blake | Reuters…
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Trump picks Dr. Oz to lead massive Medicare, Medicaid agency CMS
Pennsylvania Republican U.S. Senate candidate Dr. Mehmet Oz poses for a portrait outside of a poling location during the primary…
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Economy
Stanley Druckenmiller piled into regional banks and made this health-care stock his biggest bet
Key Points Billionaire investor Stanley Druckenmiller built a sizable position in regional banks and made one health-care name his biggest position…
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1 in 5 Americans get their news from social media influencers
About 1 in 5 Americans say they regularly get their news from “news influencers” on social media, according to a…
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Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses
Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort…
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House Speaker Johnson calls ethics report on Matt Gaetz a ‘rough draft’ and says it shouldn’t be released
U.S. House Speaker Mike Johnson (R-LA) speaks to reporters as House Republican leaders hold a press conference at the U.S.…
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Space stocks saw big gains this week in part due to ‘Trump-Elon trade’ rally, analysts say
A hot fire test of an Archimedes engine, which powers the company’s Neutron rocket. Rocket Lab This past week saw…
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Economy
Ron Baron sees Tesla worth $5 trillion in 10 years, says Musk eyeing $30 trillion value one day
Billionaire investor Ron Baron, a longtime Tesla bull and shareholder, said he believes the electric vehicle company could hit a…
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Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1
Hyundai CEO Jaehoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York…
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