Breaking News: Business
Budget airlines built on cheap fares now face a painful reality: Fuel is getting expensive
Budget airlines in Asia risk losing their price advantage as fuel prices rise and Middle East tensions disrupt key routes, forcing carriers to raise fares and cut expenses. Low-cost carriers rely on high passenger volumes and low fares, leaving them with thinner margins and less room to absorb fuel price swings and route disruptions than […]
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Logan Paul sold a Pokémon card for more than $16 million. Here’s why investors are watching
Pokémon cards aren’t just childhood collectibles anymore. Some owners are increasingly treating the popular 1990s and 2000s trading cards like alternative assets, with some of the rarest cards outperforming traditional benchmarks like the S&P 500 in recent years. During key periods like the pandemic boom and another surge in 2025, trading card indexes tracking Pokémon […]
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Pricy airfare, airport chaos test travelers’ willingness to fly this year
Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at George Bush Intercontinental Airport (IAH) in Houston, Texas, US, on Thursday, March 26, 2026. Mark Felix | Bloomberg | Getty Images TOKYO/NEW YORK — Genevieve Price considers herself a great flight hacker. The 35-year-old naturopathic doctor based in San Diego usually buys basic […]
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A Paramount-Warner Bros. movie slate will need more animated features to compete with Disney and Universal
Source: Warner Bros. | Paramount When Paramount Skydance combines with the Warner Bros. film studio, it’ll have a deep bench of marquee franchises and established prestige. What the powerhouse duo will be missing is an animated film slate that could rival Hollywood giants like Disney and Universal. The combined entity, which is still awaiting regulatory approval, has […]
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China’s BYD sees first profit drop since 2021, even as the Tesla-rival takes global EV crown
BYD new energy vehicles awaiting shipment for export in Yantai Port, Shandong, China on March 26, 2026. CFOTO | Future Publishing | Getty Images Chinese automaker BYD said Friday its annual sales rose to a record $116 billion, outpacing Tesla’s, but its profit fell for the first time since 2021 under pressure from cutthroat competition. BYD, the largest […]
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Italy investigates Sephora and Benefit over skincare marketing to children
A view of a Sephora beauty product store on May 30, 2025 in Sherman Oaks, California. Justin Sullivan | Getty Images Italian regulators are looking to clamp down on the tween skincare obsession and are investigating the LVMH-owned cosmetic brands Sephora and Benefit over an “insidious” marketing campaign to children. The Italian Competition Authority (AGCM) […]
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Sony hikes PS5 prices by up to $150 citing ‘pressures’ in global economy
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony on Friday said it will raise prices on its range of flagship PlayStation 5 consoles for the second time in less than a year, citing “pressures in the global economic landscape.” In the U.S, the PS5 disc edition will […]
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Infiniti hopes new SUV can turn around fortunes in the U.S.
The 2027 Infiniti QX65. Courtesy: Infiniti Japanese brand Infiniti on Thursday unveiled a new midsize luxury SUV, called the QX65, as it tries to mount a comeback in the U.S. The vehicle will have a 268-horsepower VC-Turbo engine with 286 foot-pounds of torque, as well as dual 12.3-inch displays. The QX65 “accelerates INFINITI into its […]
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American Airlines in talks with Starlink and Amazon for Wi-Fi upgrade, weighs return of seatback screens
An seatback on an American Airlines Boeing 737. Leslie Josephs/CNBC Bringing screens back to American Airlines‘ narrow-body planes is under “serious consideration” and a decision could be made as early as next month, according to a person familiar with the matter. It would be part of a major revamp of American’s in-flight entertainment and Wi-Fi […]
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Target faces a new boycott over ICE response as retailer presses ahead with turnaround
A major teachers’ union is calling for its members to skip Target when buying back-to-school supplies, the latest twist in a series of boycotts that have targeted the big-box retailer as its turnaround shows signs of life, CNBC has learned. The AFT, or American Federation of Teachers, passed a resolution Thursday that calls on its 1.8 […]
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