CNBC’s Phil LeBeau joins ‘Squawk Box’ to report on the latest news.
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DOT to address Newark airport issues: Here’s what to know
Travel
Why U.S. air traffic control is stretched so thin — and the fight to fix it
An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers have been under strain for years, but a 90-second equipment failure last week exposed how decades of staffing shortages, underinvestment and patchwork solutions for those who guide planes […]
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Travel
Why Target is losing out against competitors Walmart and Costco
Retailer Target is under pressure on multiple fronts: it’s facing pushback after rolling back its diversity, equity and inclusion initiatives; it’s fighting off stiffer competition from nimble competitors like Amazon; and the company has higher exposure to a decline in consumer spending amid inflation and tariff volatility than rivals like Walmart and Costco. Target’s decision […]
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Travel
FAA: Taking immediate steps to improve reliability of operations at Newark airport
CNBC’s Phil LeBeau reports on the latest news from the FAA. Source
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