Month: March 2025
Republican interim SEC chief Mark Uyeda cast the sole vote against suing Musk
The U.S. Securities and Exchange Commission (SEC) headquarters in Washington, D.C., U.S. on March 5, 2025. Leslie Josephs | CNBC Days before Republicans took the helm of the U.S. Securities and Exchange Commission in January, the agency’s five commissioners held a closed-door vote on whether to sue Elon Musk. Since 2022, the agency had been […]
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United Airlines is raising annual fees for lounges and rewards credit cards. Here’s what you need to know
A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado. Robert Alexander | Getty Images United Airlines is raising fees for annual airport lounge membership and its rewards credit cards, a test of how much consumers will shell out for popular travel perks. The carrier announced the changes […]
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South Korea’s Hyundai to announce $20 billion U.S. investment
The Hyundai display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC South Korean conglomerate Hyundai will announce a $20 billion investment in U.S. onshoring that includes a $5 billion steel plant in Louisiana, according to people familiar with the plans. The plant is set to hire roughly 1,500 […]
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Acting FAA Administrator on hiring air traffic controllers, airspace congestion and Boeing progress
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and Acting FAA Administrator Chris Rocheleau join ‘Squawk Box’ to discuss hiring more air traffic controllers, lessons learned from the DCA crash, congestion in the airspace, Boeing’s safety standards, and more. Source
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Stocks making the biggest moves premarket: Tesla, ViaSat, Pinterest, Nucor, AZEK and more
Check out the companies making headlines before the bell. AZEK — Shares of the outdoor products manufacturer soared 23% after cement manufacturer James Hardie Industries said it would acquire AZEK in a cash and stock deal totaling around $9 billion. James Hardie stock tumbled 11%. Pinterest — The social media stock added nearly 5% following […]
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Former Utah Rep. Mia Love, the first Black Republican woman elected to U.S. House, has died
Former U.S. Rep. Mia Love of Utah, a daughter of Haitian immigrants who became the first Black Republican woman elected to Congress, died Sunday. She was 49. Love’s family posted news of her death on Love’s X account. She had undergone recent treatment for brain cancer and received immunotherapy as part of a clinical trial […]
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Google’s $32 billion Wiz deal may signal a turning point for slow IPO, M&A markets
Assaf Rappaport, Wiz, on Centre Stage during day one of Web Summit 2021 at the Altice Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images Google’s acquisition of cybersecurity startup Wiz could be a turning point for an uncertain IPO market and a mergers and acquisitions environment aching from a slowdown in deal […]
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Investors’ optimism is growing around the UK economy as U.S.-EU trade disputes mount
LONDON — Some investors are expressing a growing optimism about the U.K.’s economic outlook despite the country’s long-standing structural weaknesses, as its neighbors in the European Union deepen their trade dispute with the United States. That upbeat tone wasn’t reflected in the messaging of the Bank of England, as it held interest rates steady last […]
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European markets set to start the new trading week in positive territory
European markets are expected to start the new trading week in positive territory Monday. The U.K.’s FTSE 100 index is expected to open 14 points higher at 8,667, Germany’s DAX up 83 points at 22,966, France’s CAC 9 points higher at 8,057 and Italy’s FTSE MIB 171 points higher at 38,391, according to data from IG. […]
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CNBC Daily Open: Tariff ‘flexibility’ is not necessarily positive — it also signals uncertainty
A cargo ship full of shipping containers at the port of Oakland as trade tensions escalate over U.S. tariffs, in Oakland, California, on March 6, 2025. Carlos Barria | Reuters “Flexibility” connotes openness to change. U.S. President Donald Trump expressed Friday the possibility of being flexible with tariffs, which may have helped stocks tick up, […]
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