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FAA briefly halts flights to several Florida airports after SpaceX rocket testing failure
The Federal Aviation Administration briefly halted flights to several Florida airports on Thursday night after a SpaceX Starship testing failure.The incident marks the second time this year that SpaceX experienced a mishap during a…
Goodyear Tire’s transformation plan is underway — in the sky and on the ground
A Goodyear blimp flies Goodyear AKRON, Ohio — Does the Goodyear blimp sell tires?That was one question veteran auto executive Mark Stewart had when he started as CEO of Goodyear Tire & Rubber Co. a little more than a year ago,…
Family office dealmaking doubled in February with bets on crab shells, nuclear reactors
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Last month, family…
Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk’s X
Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021.Graeme Jennings | Pool via…
Gap shares spike 17% as retailer blows away expectations again, showing turnaround has
A shopper carries her early Black Friday purchases on Thanksgiving Day, November 28, 2024, at the Citadel Outlets shopping center in Los Angeles. Robyn Beck | AFP | Getty ImagesGap on Thursday posted another quarter that blew away…
Costco reports mixed second-quarter earnings, comparable sales growth
Costco on Thursday reported an earnings miss, but beat expectations for revenue for the second quarter as quarterly comparable sales rose.Shares ticked down over 1% in extended trading on Thursday evening.Here's how the wholesale company…
Women’s pro tennis introduces paid maternity leave funded by Saudi sovereign wealth fund
Victoria Azarenka plays a backhand against Iga Swiatek of Poland in their second round match during day three of the Dubai Duty Free Tennis Championships, part of the Hologic WTA Tour at Dubai Duty Free Tennis Stadium on February 18,…
Novo Nordisk offers Wegovy for less than half the price through new direct-to-consumer
Novo Nordisk's Wegovy weight loss drug has seen a meteoric rise in popularity. Nurphoto | Getty ImagesNovo Nordisk on Wednesday said it will offer its weight loss drug Wegovy for less than half of its usual price per month through a new…
Trump grants automakers one-month exemption from tariffs
In an aerial view, brand new Subaru cars sit in a storage lot at Auto Warehouse Co. on March 4, 2025 in Richmond, California.Justin Sullivan | Getty ImagesThe White House on Wednesday announced a one-month North American tariff exemption…
Foot Locker results show the sneaker industry — and Nike — still have more pain ahead
Foot Locker said Wednesday it expects another year of deep discounts in the sneaker industry as its largest brand partner Nike continues its reset and relies on markdowns to clear through stale inventory. The footwear giant delivered mix…