Breaking News: Business
FAA to allow Boeing to sign off on 737 Maxes, 787s after years of restrictions
Boeing 737 Max planes sit at the airport in Renton, Washington. Leslie Josephs | CNBC Boeing can sign off on its 737 Max and 787 Dreamliner planes before they’re handed over to customers, the Federal Aviation Administration said Friday, the latest sign the manufacturer is regaining confidence from its regulator after years of safety crises. […]
Read More
‘A broken business’: The company behind the makeover of bankrupt retailer Claire’s
People walk by a Claire’s store on December 11, 2024 in San Rafael, California. Justin Sullivan | Getty Images Claire’s is headed for a major makeover. The tween retailer, known for its ear piercing stations, jewelry and purple carpeting, declared bankruptcy in early August, the second time in seven years, citing nearly $500 million in […]
Read More
U.S. to impose 100% tariff on branded, patented drugs unless firms build plants locally, Trump says
Shelf of pharmaceutical products. D3sign | Moment | Getty Images President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on “any branded or patented Pharmaceutical Product” entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added. He said that […]
Read More
YouTube TV, NBCUniversal warn of impending carriage dispute that could lead to network blackout
INGLEWOOD, CALIFORNIA – NOVEMBER 17: A detail view of a NBC Sunday Night Football video camera during the first half between the Cincinnati Bengals and the Los Angeles Chargers at SoFi Stadium on November 17, 2024 in Inglewood, California. Ric Tapia | Getty Images Sport | Getty Images YouTube TV subscribers may soon be without […]
Read More
Costco tops earnings, revenue estimates as warehouse club wins over younger members
A Costco store in Richmond, California, US, on Thursday, May 29, 2025. David Paul Morris | Bloomberg | Getty Images Costco on Thursday posted fiscal fourth-quarter earnings and revenue that topped analyst estimates as the warehouse club posted double-digit gains in both membership income and its e-commerce business. The warehouse club does not share an […]
Read More
Global casting call for top traders: From TV weatherman to dentist, FundSeeder finds hidden talent
Key Points FundSeeder is a platform founded by “Market Wizards” author Jack Schwager and Emanuel Balarie that searches for under-the-radar trading talent worldwide and provides them with capital to scale. “There are lots of great traders globally that are completely unknown,” Schwager said. Source
Read More
Ken Griffin says more tariff impact on inflation is still ahead, Fed should be independent
Billionaire Wall Street titan Ken Griffin believes the full impact of tariffs on inflation have not been felt yet, and he only sees one more rate cut from the Federal Reserve this year. The founder and CEO of Citadel said Thursday only about half of the inflationary impact from President Donald Trump’s wide-spreading levies on […]
Read More
New car sales get surprising boost, for now, as consumers fear tariffs and higher prices
GMC SUVs parked outside a GMC Buick dealership in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty Images DETROIT — Uncertainty surrounding U.S. regulations on tariffs, electric vehicles and other auto-related issues have given new car sales a surprising boost heading into the fourth quarter, according to a new industry […]
Read More
Amazon reaches $2.5 billion settlement with FTC over ‘deceptive’ Prime program
The Amazon Prime logo is displayed on the side of an Amazon delivery truck in Richmond, California, on June 21, 2023. Justin Sullivan | Getty Images Amazon will pay $2.5 billion to settle Federal Trade Commission allegations that the company duped users into paying for Prime memberships, the regulatory agency announced Thursday. The surprise settlement […]
Read More
Existing home sales stall in August amid higher mortgage rates
A sold sign is posted in front of a home for sale on Aug. 27, 2025 in San Francisco, California. Justin Sullivan | Getty Images Sales of previously owned homes were essentially flat in August, coming in 4 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. That is […]
Read More