business news
Twitter will have a ‘hard time’ keeping Trump off if he runs in 2024, says Rep. Khanna
US Representative Ro Khanna, Democrat of California, speaks during a press conference following a vote in the US House on ending US military involvement in the war in Yemen, on Capitol Hill in Washington, DC, April 4, 2019. Saul Loeb | AFP | Getty Images Though Elon Musk’s deal to purchase Twitter has renewed questions […]
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Musk’s Twitter takeover may boost Facebook, Google and Snap ad revenues
The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images Elon Musk’s private takeover of Twitter may boost ad revenue for YouTube, Snap, Meta and TikTok, analysts from several Wall Street firms said in recent notes to investors. Twitter, which announced it accepted […]
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Elon Musk’s Twitter takeover sets him on a collision course with Europe
Thierry Breton, a former CEO of French IT consulting firm Atos, is seen as a key architect of the European Union’s digital reforms. Anadolu Agency | Getty Images After Elon Musk’s $44 billion deal to buy Twitter, EU officials have a message for the eccentric tech billionaire: follow the rules. Over the weekend, the European […]
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Supreme Court to hear arguments on Biden’s bid to end Trump’s ‘Remain in Mexico’ policy
Immigrant activist demontrate in front of the US Supreme Court in Washington, DC, on April 26, 2022. Stefani Reynolds | AFP | Getty Images The Supreme Court on Tuesday will hear oral arguments about the Biden administration’s latest attempt to end a Trump-era immigration policy that’s been upheld by multiple courts, but decried by human […]
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United Airlines ramps up flights for European travel comeback
A United Airlines passenger aircraft arrives over the top of residential houses to land at Heathrow Airport in west London, Britain, March 13, 2020. Matthew Childs | Reuters United Airlines says demand for trans-Atlantic travel is heating up, despite higher fuel prices and the Ukraine war. The airline plans to fly 25% more across the […]
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Wall Street is worried inflation and supply issues may dent GM and Ford earnings more than previously expected
The General Motors world headquarters office is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | Getty Images DETROIT — There’s growing concern among Wall Street analysts that higher costs and supply chain disruptions will put pressure on 2022 earnings for General Motors and Ford Motor — even more than initially expected. Ahead of […]
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Carnival CEO Arnold Donald stepping down, COO Josh Weinstein to become new chief
CNBC’s Seema Mody joins ‘Squawk on the Street’ to report that Carnival CEO Arnold Donald plans to step down from his position on Aug. 1. Source
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Biden to grant clemency to 78 people, including pardon for former Secret Service agent
U.S. President Joe Biden delivers remarks on economy, healthcare and energy costs to families, at Green River College in Auburn, Washington, April 22, 2022. Jonathan Ernst | Reuters President Joe Biden plans to issue his first batch of presidential pardons Tuesday while commuting the prison sentences of 75 nonviolent drug offenders. The pardon recipients are […]
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fail to follow through on Wall Street’s comeback Traders work on the floor of the New York Stock Exchange (NYSE) on April 25, 2022 in New York City. Spencer Platt | Getty Images U.S. stock […]
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High inflation may prompt people to change their summer vacation plans
Summer vacations plans could be in flux this year. This time, it’s not because of Covid-19. Instead, high prices due to inflation may prompt prospective travel goers to switch up their plans. In fact, 69% of adults who say they will take a vacation this summer anticipate changing their travel plans as prices have soared […]
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