Breaking News: Business
Britain’s BBC boss Tim Davie resigns following criticism over Trump documentary edit
The BBC’s Broadcasting House in London, England, on July 10, 2023. Vuk Valcic/Sopa Images | Lightrocket | Getty Images The director general of Britain’s BBC, Tim Davie, and the chief executive of news, Deborah Turness, have resigned following criticism over bias at the corporation, including in the way it edited a speech by U.S. President […]
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Flight cancelations to worsen next week if shutdown continues
A Republic Airways plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025. Samuel Corum | Bloomberg | Getty Images U.S. airlines will have to cut hundreds more flights next week if Congress can’t come to a solution to end […]
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EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion
Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters EV maker Rivian on Friday said it was giving its CEO a pay plan worth as much as $4.6 billion over the next decade, a deal similar to Tesla’s record package for […]
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Millions more Americans could access obesity drugs after Trump’s deals with Eli Lilly, Novo Nordisk
US President Donald Trump makes an announcement in the Oval Office of the White House in Washington, DC on Nov. 6, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump on Thursday struck landmark deals with Eli Lilly and Novo Nordisk that could mark a turning point in how many people can access […]
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Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech
Altimeter Capital founder and CEO Brad Gerstner said Friday the recent pullback in technology shares is a healthy correction after a monthslong surge. “The Nasdaq’s gone up 40% off the bottom in April. The market was kind of looking for a reason for a breather,” Gerstner said on CNBC’s ” Money Movers .” “This week, […]
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Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport
Courtesy: Archer Aviation Archer Aviation‘s stock plummeted 12% after a share sale overshadowed a narrower-than-expected third-quarter loss. The company posted a net loss $129.9 million, narrower than the FactSet estimate of a $178.6 million loss. However, Archer disclosed a $650 million stock offering for 81.25 million shares to support its $126 million acquisition of Hawthorne […]
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Airlines cancel more than 700 U.S. flights as FAA-ordered shutdown cuts begin
Travelers wait in line at a security checkpoint at O’Hare International Airport in Chicago, Illinois on November 7 2025. Kamil Krzaczynski | Afp | Getty Images U.S. airlines started cancelling hundreds of flights on Friday, hours after the Federal Aviation Administration ordered the cuts amid the more-than-monthlong government shutdown. The cuts were ordered as air […]
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Comcast’s Sky in talks to buy ITV’s media unit for $2.15 billion
British broadcaster ITV said on Friday it was in talks with pay-TV company Sky, owned by Comcast, over a potential sale of its media and entertainment (M&E) unit for 1.6 billion pounds ($2.15 billion) including debt. ITV’s M&E division, which includes its free-to-air channels and its ITVX streaming platform, is dependent on advertising, and the […]
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Qantas releases first images of Airbus aircraft set to fly non-stop from Sydney to New York and London
These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. Qantas Australia’s Qantas on Friday revealed the first images of the specially configured Airbus aircraft set to enable the world’s longest commercial flights. The A350-1000ULR (Ultra Long Range) aircraft was depicted on the assembly line in Toulouse, France, with its fuselage sections, […]
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Take Two sinks 10% on delay of Grand Theft Auto VI to November 2026
Chris Delmas | AFP | Getty Images Shares of Take-Two Interactive Software sank 10% during after-hours trading on Thursday after Rockstar Games announced a further delay in the release of Grand Theft Auto VI to November 2026. “We are sorry for adding additional time to what we realize has been a long wait, but these […]
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