Breaking News: Business
Warren Buffett was still searching for that elephant in his final months as Berkshire CEO
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC In the final stretch of his tenure atop Berkshire Hathaway, Warren Buffett was still pursuing that elusive elephant. The 95-year-old legendary investor, who handed over the CEO reins to Greg Abel […]
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Boeing outsold Airbus last year for first time since 2018, deliveries rise to 600
A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing logged net orders for 1,173 airplanes last year, marking the first time it outsold its European rival Airbus since 2018, the latest sign of Boeing’s recovery. Boeing […]
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Data center REIT CEO says real estate ‘not in an oversupply state’
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. As hyperscalers like […]
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Fanatics to launch sports media and entertainment studio
Fanatics CEO Michael Rubin shake hands with a collector during the 45th National Sports Collectors Convention at the Donald E. Stephens Convention Center in Rosemont, Illinois, July 31, 2025. Audrey Richardson | The Washington Post | Getty Images Sports merchandising giant Fanatics announced on Tuesday the launch of Fanatics Studios, a media and entertainment studio […]
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Delta CEO sees record earnings in reach again thanks to high-end travel demand
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Delta Air Lines‘ earnings could jump more than 20% this year from 2025 thanks to robust travel demand, particularly at the high end of the market, and potentially reach a record, CEO Ed Bastian said. Delta on Tuesday forecast adjusted earnings per […]
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Airbus keeps No.1 planemaker spot but raises new concern on engine supplies
Airbus deliveries rose 4% last year to reach 793 aircraft, the European planemaker said on Monday, leaving it on course to remain the world’s largest planemaker despite recent industrial snags and a new question mark over engine supplies. Airbus warned of a “continued complex and dynamic operating environment” as it posted deliveries edging past its […]
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Paramount Skydance sues Warner Bros. Discovery in hostile takeover attempt
David Ellison, CEO of Paramount Skydance, exits following an interview at the New York Stock Exchange, Dec. 8, 2025. Brendan Mcdermid | Reuters Paramount Skydance is suing Warner Bros. Discovery and CEO David Zaslav as its latest step in a hostile pursuit to acquire WBD, CEO David Ellison outlined in a letter to WBD shareholders […]
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Discount grocer Aldi plans to open more than 180 stores in U.S. this year as customers across incomes seek value
As Americans across incomes look to trim the grocery budget, Aldi plans to open more than 180 stores in the U.S. this year — including on the traditional turf of rival supermarkets and big-box stores. The German grocer’s latest growth plans follow an already aggressive expansion over the past decade. Aldi, which is known for […]
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Abercrombie & Fitch shares plunge 17% as retailer cuts its holiday guidance
Some retailers provided early holiday results on Monday that showed the crucial shopping season was solid, but didn’t blow away expectations. Lululemon, which is preparing for a new CEO and staring down a proxy battle with its founder, said in a release it expects its holiday quarter to be “toward the high end” of its […]
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Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal
An Allegiant Airlines jet flies out of Las Vegas Airport. Nick Potts | Getty Images Allegiant Travel said Sunday it is acquiring fellow leisure carrier Sun Country in a $1.5 billion cash and stock deal, including debt, a plan that comes as budget airlines in the U.S. have faced a surge in costs following the […]
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