business news
Airbus reports falling profits as jet deliveries slow
File: Visitors pass an Airbus SAS A320 aircraft on the second day of the Farnborough International Air Show in Farnborough, U.K., on Tuesday, July 10, 2012. Matthew Lloyd | Bloomberg | Getty Images Airbus reported quarterly profits that halved from a year ago late Tuesday, as deliveries of its best-selling aircraft slowed. First-quarter sales came […]
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FCC launches review of Disney broadcast licenses years ahead of schedule
The Federal Communications Commission is seeking an early review of Disney’s broadcast station licenses following concerns around the company’s diversity, equity and inclusion efforts, according to a letter from FCC Chairman Brendan Carr Tuesday. The letter orders the company to file for early renewal for ABC-owned television stations and notes the action is related to an […]
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Here’s everything to expect when the Fed issues its latest interest rate decision Wednesday
Key Points In what could be Jerome Powell’s final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach to policy as questions linger over inflation and the labor market. The interest rate-setting Federal Open Market Committee is a virtual lock to keep its benchmark short-term interest rate steady. […]
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Trump White House ballroom unlikely to get WHCD buy-in — or end president’s off-site events, critics say
A member of the media raises her hand for a question as U.S. President Donald Trump talks while holding up renderings of the planned White House ballroom, aboard Air Force One en route to Joint Base Andrews, Maryland, U.S., March 29, 2026. Elizabeth Frantz | Reuters President Donald Trump, top officials in his administration and […]
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Ex-FBI Director James Comey indicted for his ‘8647’ seashell post on Instagram
FILE PHOTO: FBI Director James Comey testifies before the House Intelligence Committee hearing into alleged Russian meddling in the 2016 U.S. election, on Capitol Hill in Washington, U.S., March 20, 2017. Joshua Roberts | Reuters Former FBI Director James Comey has been indicted on charges alleging he threatened President Donald Trump when he posted an […]
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Josh Brown likes next-generation aviation stock as long-shot play on potential electric aircraft boom
Joby Aviation offers investors a way to gain exposure to the emerging electric vertical takeoff and landing (eVTOL) industry, Josh Brown, co-founder and CEO of Ritholtz Management, told CNBC on Tuesday. “Joby is my favorite out of the whole group, of all the companies working on eVTOLs,” Brown said on CNBC’s ” Halftime Report .” […]
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GM: Iran war causing cost increases, but pricey vehicles continue to sell
A Cadillac all-electric 2025 Escalade IQ luxury SUV is displayed during press day of the North American International Auto Show in Detroit, Michigan, September 14, 2023. Rebecca Cook | Reuters DETROIT — General Motors on Tuesday said the Iran war is causing cost increases to its business, but inflated consumer expenses such as higher gas […]
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OpenAI brings its models to Amazon’s cloud after ending exclusivity with Microsoft
Amazon Web Services CEO Matt Garman speaks at the HumanX conference in San Francisco on April 7, 2026. Big Event Media | HumanX Conference | Getty Images A day after OpenAI revamped its relationship with Microsoft so that it can run all of its products on any cloud, the artificial intelligence company said its models […]
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Defense stocks have floundered since the Iran war began. Here’s why
Defense stocks haven’t been the slam-dunk play some investors expected as the U.S.-Iran war broke out. The iShares U.S. Aerospace & Defense ETF (ITA) has dropped about 12% since the start of March, when the Middle East conflict began escalating following the U.S.-Israeli strike on Iran. The S & P 500 added 3.5% over the […]
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OpenAI’s growth may be sputtering. These are the stocks most at risk
Tech companies tethered to OpenAI are in the spotlight Tuesday following a report that the ChatGPT maker missed recent targets for new users and revenue, calling its expansion plans into question. Top executives are now concerned that the company might not have the money for future computing contracts, The Wall Street Journal reported Monday . […]
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