Month: May 2025
American Airlines to debut new suites with sliding doors after delays
American Airlines seat for its new Flagship Suite seats TKTK American Airlines‘ new suites with sliding doors are set to start flying on some of its planes in June, a key part of its strategy to compete against more profitable rivals for high-spending customers. American first unveiled the new design in September 2022 and expected […]
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London’s FTSE 100 is on track for record-breaking gains — and market watchers think it may have further to run
A member of staff next to a trading board at the London Stock Exchange on April 25, 2025. Carl Court | Getty Images While global markets have been gripped by turbulence in the wake of U.S. President Donald Trump’s seesawing tariffs policies, British stocks have enjoyed a bumper rally. London’s FTSE 100 index, which has […]
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Trump vows to revoke Harvard’s tax-exempt status: ‘It’s what they deserve!’
President Donald Trump on Friday said his administration will revoke Harvard University’s tax-exempt status, escalating his previous threats against the Ivy League school and potentially expanding an ongoing legal battle. “It’s what they deserve!” Trump wrote in a terse Truth Social post announcing the decision. The post is the latest escalation in Trump’s campaign against […]
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Stocks making the biggest moves premarket: Apple, Block, Atlassian, Reddit, Airbnb and more
Check out the companies making headlines in premarket trading. Block — The financial technology stock plunged nearly 22% following weak first-quarter revenue. Block said it brought in $5.77 billion, while analysts surveyed by LSEG had projected $6.20 billion. Atlassian – Shares sank 12% after the software company issued weak guidance. Atlassian expects fourth-quarter revenue to range […]
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Two JPMorgan ETFs that are providing a destination for risk-adverse investors
ETF Edge Two JPMorgan ETFs that are providing a destination for risk-adverse investors Published Fri, May 2 20257:45 AM EDT Krysta Escobar WATCH LIVE Source
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Berkshire investors hope for Buffett’s guidance at annual meeting with tariffs shaking markets, economy
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Warren Buffett has been mum about tariffs and the recent market turmoil, but will finally speak his mind when the 94-year-old investment legend kicks off Berkshire […]
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‘Large number of foreign investors’ skittish about investing in America, longtime investor Rebecca Patterson warns
Fast Money ‘Large number of foreign investors’ skittish about investing in America, longtime investor Rebecca Patterson warns Published Fri, May 2 20257:28 AM EDT Anna Gleason@anna_gle WATCH LIVE Source
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Churchill Downs CEO says interest in the Kentucky Derby is strong despite global uncertainty
The 151st running of the Kentucky Derby is set for Saturday amid a backdrop of global economic uncertainty, waning consumer confidence and tariffs that could cause construction costs to rise. Churchill Downs has paused a $900 million capital improvement project at its storied race track in Louisville, Kentucky, the site of the world’s most famous […]
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Ireland fines TikTok 530 million euros for sending EU user data to China
The TikTok logo is seen outside the Chinese video app company’s Los Angeles offices on April 4, 2025 in Culver City, California. Robyn Beck | AFP via Getty Images TikTok has been fined 530 million euros ($601.3 million) by Ireland’s privacy regulator for sending user data to China. The Irish Data Protection Commission (DPC) — […]
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Tether eyes U.S. expansion with new stablecoin as CEO courts Washington crypto players
DUBAI, United Arab Emirates — Tether, the world’s largest stablecoin issuer, is preparing to launch a U.S.-based stablecoin as soon as this year, as its CEO ramps up his presence in Washington to shape crypto regulation. In an interview with CNBC this week, Tether CEO Paolo Ardoino revealed that the company is working on plans […]
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