Breaking News: Business
What a United-American merger would mean, from antitrust hurdles to airfare
American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines CEO Scott Kirby reportedly floated the idea of a potential tie-up with rival American Airlines to the Trump administration earlier […]
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Lucid names auto industry outsider as CEO, expands Uber deal
Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026. Danielle DeVries | CNBC Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive. Silvio Napoli, who spent nearly 31 years at Schindler, is set […]
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Investor survey shows most bearishness in 11 months. So the contrarian call is to buy
Investor pessimism has surged to the highest level in nearly a year, a development that could paradoxically signal further gains for risk assets, according to the latest Global Fund Manager Survey from Bank of America. Sentiment fell to its most bearish reading since June 2025, with the bank’s composite measure — based on cash levels, […]
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Seeing huge demand for world’s fastest plane, says Bond CEO Papariella
CNBC’s “Squawk Box” team discusses demand for private aviation with Bond CEO Bill Papariella. Source
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Nissan to trim global car lineup, boost use of AI driving tech
Nissan at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC Nissan Motor plans to streamline its global automobile lineup by exiting low-performing ones and deploy its artificial intelligence driving technology across 90% of its array over the long term as it targets a revitalisation after years of […]
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Wall Street still loves streaming, but are its affections well placed?
In an aerial view, the Netflix logo is displayed above Netflix corporate offices on October 7, 2025 in Los Angeles, California. Mario Tama | Getty Images There’s a love affair on Wall Street between investors and streaming. The romance started about a decade ago when consumers began cutting the cord with cable TV bundles en […]
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Delta Air Lines unveils first new Delta One suite in premium cabin arms race
Delta A350 fleet renderings with the next-generation Delta One suite cabin. Courtesy: Delta Delta Air Lines on Monday unveiled an updated Delta One suite for some of its longest-haul planes, marking its first refresh of the top-tier seat in a decade as airline competition for well-heeled travelers ramps up. The new suites, which Delta said […]
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OpenAI touts Amazon alliance in memo, says Microsoft has ‘limited our ability’ to reach clients
OpenAI’s newly appointed revenue chief, Denise Dresser, sent a memo to staffers on Sunday, touting the company’s alliance with Amazon as a key growth driver for its enterprise business, while noting the constraints of its longstanding tie-up with Microsoft. Dresser’s memo lands less than two months after Amazon announced plans to invest up to $50 […]
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Ineos Automotive: Startup backed by a knighted billionaire and soccer mogul wants to rekindle the rugged SUV market
Ineos Grenadier SUV Courtesy Ineos Automotive An automotive startup founded by a knighted billionaire, U.K. chemical mogul and minority owner of one of the world’s most prominent soccer clubs wants to rekindle the rugged SUV market. The company — Ineos Automotive — has produced more than 35,000 off-road SUVs and pickups since starting in 2022, […]
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How Kodak is trying to turn around its business after teetering on bankruptcy
On Jim Continenza’s first day on the job as Eastman Kodak executive chairman in 2019, he got a call from a star Hollywood filmmaker telling him the company was making a big mistake. The photography technology company was in the process of shutting down its acetate factory, which makes one of the key ingredients used […]
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