Breaking News: Business
Govini, a defense tech startup taking on Palantir, hits $100 million in annual recurring revenue
Govini, a defense tech software startup taking on the likes of Palantir, has blown past $100 million in annual recurring revenue, the company announced Friday. “We’re growing faster than 100% in a three-year CAGR, and I expect that next year we’ll continue to do the same,” CEO Tara Murphy Dougherty told CNBC’s Morgan Brennan in […]
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Airlines tell passengers to prepare for delays as government shutdown continues
The Hollywood Burbank Airport air traffic control tower stands in Burbank, California, on Oct. 6, 2025. Mario Tama | Getty Images Travelers should prepare for potential flight disruptions this holiday weekend as the government shutdown continues, a group representing the largest U.S. airlines said Friday. Air traffic controller shortages this week delayed flights at some […]
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NBA Commissioner Adam Silver says ‘we’d love to bring a WNBA game’ to China
MACAO — NBA Commissioner Adam Silver said Friday the WNBA could be next to play games in China. Silver spoke exclusively with CNBC courtside from the first of two NBA games in Macao. “We have to get through a new collective bargaining agreement with our players,” he said. “But once we do, there’s so much […]
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Rocket Lab’s stock set for 20% gain this week after flurry of new launch deals
Rocket Lab shares have added more than a quarter in value this week as the aerospace company inked new launch deals in the burgeoning space tech industry. The stock was flat on Friday, but has surged over 20% this week. Shares were up nearly 50% over the last two weeks and traded near fresh highs […]
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NBA looks to China for growth, renewing a foothold in its second-largest market
Michael Porter Jr. #17 of the Brooklyn Nets shoots the ball during practice and media availability as part of 2025 NBA Global Games China at Venetian Arena on October 9, 2025 in Macao, China. Ryan Stetz | National Basketball Association | Getty Images MACAO — The National Basketball Association returns to China for the first […]
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Levi Strauss raises prices, helping to boost profit and outlook
Levi Strauss‘s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results. During the quarter, Levi’s gross margin grew 1.1 percentage points to 61.7%, up from 60.6% in the year-ago […]
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Trump meets with Jared Isaacman about top NASA job after pulling nomination
Commander Jared Isaacman of Polaris Dawn, a private human spaceflight mission, speaks at a press conference at the Kennedy Space Center in Cape Canaveral, Florida, U.S. August 19, 2024. Joe Skipper | Reuters President Donald Trump has met with Jared Isaacman to discuss another nomination to lead NASA, a source familiar with the talks confirmed […]
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Delta says premium travel is set to overtake coach cabin sales next year
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022. AaronP | Bauer-Griffin | GC Images | Getty Images Delta Air Lines customers are getting used to first class. Revenue from the pricier, roomier seats toward the front of the plane could eclipse sales from standard coach seats for at […]
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OpenAI’s Sora hit 1 million downloads in less than five days
Sopa Images | Lightrocket | Getty Images OpenAI’s short-form artificial intelligence video app Sora hit 1 million downloads less than five days after its launch in late September, according to an executive. Bill Peebles, head of Sora at OpenAI, shared the milestone in a post on X late Wednesday. He said Sora reached 1 million […]
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PepsiCo earnings top estimates as international markets fuel sales growth
PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as international growth offset another quarter of declining volume in North America. Shares rose 1% in premarket trading. Here’s what the company reported for its fiscal third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: […]
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