business news
Could a potential jet fuel shortage put your summer flight at risk?
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Brian Sullivan joins ‘Squawk Box’ to report on a potential jet fuel shortage that could threaten some flights this summer amid surging travel demand. Source
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open higher after back-to-back Dow gains Traders work on the floor of the New York Stock Exchange during morning trading on April 12, 2022 in New York City. Michael M. Santiago | Getty Images […]
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American Airlines earnings beat estimates, forecasts second-quarter profit
CNBC’s Phil LeBeau joins ‘Squawk Box’ to break down American Airlines’ first-quarter earnings report. Source
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Why GM is getting into electric boats
Everything is going electric. Cars, delivery vans, buses, garbage trucks and more are rapidly moving to a battery-powered future. With the technology going mainstream, the EV revolution is also making waves in the world of boating. General Motors recently invested $150 million in Seattle-based start-up Pure Watercraft, taking a 25% stake in the company. And […]
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Michael Saylor says investing in MicroStrategy is the closest you’ll get to a bitcoin spot ETF
MIAMI — MicroStrategy may technically be in the business of enterprise software and cloud-based services, but CEO Michael Saylor says the publicly traded company doubles as the first and only bitcoin spot exchange-traded fund in the U.S. “We’re kind of like your nonexistent spot ETF,” Saylor told CNBC on the sidelines of the Bitcoin 2022 […]
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Stocks making the biggest moves premarket: American Airlines, Blackstone, AT&T and more
Check out the companies making headlines before the bell: American Airlines (AAL) – American soared 10.5% in premarket trading after reporting a smaller-than-expected loss and predicting profitability for the current quarter. United Airlines (UAL) – United lost an adjusted $4.24 per share for the first quarter, 2 cents more than expected, and the airline’s revenue […]
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American forecasts second-quarter profit on soaring travel demand, stock surges 9%
American Airlines Boeing 787-9 Dreamliner takes off from Los Angeles international Airport on November 11, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images American Airlines on Thursday forecast a second-quarter profit as strong bookings help it cover soaring fuel costs. American, the country’s largest airline, said March was the […]
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Erik ten Hag: Manchester United appoint Ajax boss as new manager
Ajax boss Erik ten Hag, pictured here at the final cup match at the Johan Cruijff Arena on April 15, 2022 in Amsterdam, has been appointed as the new manager of Manchester United. Bsr Agency | Getty Images Sport | Getty Images Manchester United have appointed Ajax boss Erik ten Hag as their new manager, […]
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How Ukraine’s mud became a secret weapon in its defense against Russia
A member of the Ukrainian Territorial Defense Forces stands on a damaged Russian tank on the outskirts of Nova Basan village in Ukraine on April 01, 2022. Russia’s invasion on Feb. 24 coincided with what’s known locally as the “muddy road season,” or “Rasputitsa” in Russian. Anadolu Agency | Anadolu Agency | Getty Images When […]
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Chelsea takeover: Lewis Hamilton and Serena Williams join Sir Martin Broughton consortium
Chelsea’s stadium, Stamford Bridge is seen through trees in London on March 10, 2022, as Chelsea’s Russian owner Roman Abramovich was hit with a UK assets freeze and travel ban, throwing his plans to sell the European and world club champions into disarray. Justin Tallis | Afp | Getty Images Lewis Hamilton and Serena Williams […]
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