Month: March 2025
CNBC’s Inside India newsletter: Apple has big expansion plans in India — but Trump’s tariffs could change that
Customers queue outside an Apple store ahead of its opening hours during the first day of sale of the iPhone 15 smartphone in Mumbai, India, on Friday, Sept. 22, 2023. Dhiraj Singh | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market […]
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Stocks making the biggest moves midday: Intel, Tesla, Dollar General, Adobe, UiPath and more
Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle maker dropped more than 4%, marking the latest in a volatile string of sessions. Tesla jumped over the last two sessions after notching its worst day since 2020 on Monday. American Eagle Outfitters — Shares slipped 3% after the […]
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Why the toll road text scam is out of control across the U.S., and Apple, Android can’t do anything to stop it
The texts first started arriving on Eric Moyer’s phone in February. They warned him that if he didn’t pay his FastTrak lane tolls by February 21, he could face a fine and lose his license. The Virginia Beach resident did what the majority of people do: ignore them. But there was enough hesitation to at least […]
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Trump sued by 20 states to halt the ‘dismantling’ of Education Department
A security guard walks past the U.S. Department of Education headquarters in Washington, D.C., March 12, 2025. Nathan Howard | Reuters A group of Democratic state attorneys general filed a lawsuit against the Trump administration Thursday over its moves to dismantle the U.S. Department of Education and its termination of nearly half the agency’s staff. […]
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Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
Spirit Airlines is out of bankruptcy, hitting its target to emerge in the first quarter, after a crippling few years. CEO Ted Christie says the carrier is leaner and ready to take on competitors, including rival Southwest Airlines. Earlier this week, Southwest shocked customers by announcing it will start charging for checked bags for the […]
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Putin says Russia backs Ukraine ceasefire but any deal must address ‘root causes’
Russian President Vladimir Putin speaks during a bilateral meeting at the Grand Kremin Palace, March 13, 2025, in Moscow, Russia. President of Belarus Lukashenko is having first foreign trip after re-election. Contributor | Getty Images News | Getty Images Russian President Vladimir Putin on Thursday said Russia agrees in principle with the U.S.-led ceasefire plan […]
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Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results
Shantanu Narayen, Chairman and CEO of Adobe Systems addresses the gathering on the first day of the three-day B20 Summit in New Delhi on August 25, 2023. Sajjad Hussain | AFP | Getty Images Adobe shares dropped 13% following the company’s quarterly earnings report, as investors fretted over lingering growth concerns and the software maker’s […]
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Treasury Secretary Bessent said the White House is focused on the ‘real economy’ and not concerned about ‘a little’ market volatility
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBC Treasury Secretary Scott Bessent said Thursday the Trump administration is more focused on the long-term health of the economy and markets and not short-term gyrations. “We’re focused on the real economy. Can we create an environment where there are long term gains in […]
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Binance token rises following report that Trump family has discussed stake in the crypto exchange
The Binance logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Binance’s BNB token bucked the wider crypto downturn on Thursday, jumping 4% following a Wall Street Journal report that the Trump family has held talks to secure a financial interest in the U.S. arm of the world’s largest […]
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Dollar General CEO warns consumers are cash-strapped, and says 2025 won’t be better
The exterior of a Dollar General convenience store on August 30, 2024 in Austin, Texas. Brandon Bell | Getty Images Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year. On the company’s fourth-quarter earnings call, Vasos said customers are […]
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