business news
American Airlines flight attendants picket as CEO tries to calm frustrated employees
American Airlines flight attendants’ union plans to hold a picket outside the company’s headquarters on Thursday pushing for new leadership at the carrier, which has lagged rivals Delta Air Lines and United Airlines in profitability and punctuality. Ahead of the picket on Wednesday night, American CEO Robert Isom sought to calm frustrated employees and listed […]
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Canada tariffs, McDonald’s value push, El Paso airport and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. For nearly a week last year, McDonald’s was the number-one global seller of one thing, and it wasn’t edible. The fast-food chain in December became the world’s top sock — yes, sock — seller thanks to its Grinch Meal. Stock […]
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Stocks making the biggest moves premarket: Cisco, QuantumScape, Rollins, Fastly and more
Check out the companies making the biggest moves in premarket trading: Restaurant Brands — Shares gained 1.3% following the Burger King parent’s beat on the top and bottom lines . Restaurant Brands reported fourth-quarter earnings of 96 cents per share, 1 cent higher than expected, per LSEG. Revenue came in at $2.47 billion, beating the […]
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Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales
AI Age Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales Published Thu, Feb 12 20268:00 AM EST Ari Levy@levynews Jordan Novet@in/jordannovet/ WATCH LIVE Source
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Siemens shares jump 7% as AI demand boosts profit outlook; European markets trade higher
City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie as light fades at dusk on 27th November 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — European stocks were higher on Thursday as investors assessed another big batch of earnings reports. The pan-European Stoxx 600 […]
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UK’s Schroders pops 28% on Nuveen takeover that’s set to create asset management giant
Schroders soared to the top of the Stoxx 600 on Thursday, hitting a 52-week high, after U.S. fund management giant Nuveen said it would buy the U.K.’s largest standalone asset management. The deal, sized at £9.9 billion ($13.5 billion), will create one of the world’s biggest asset management groups. Nuveen — the investment management arm […]
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Singapore launches AI support measures, tax breaks in 2026 Budget
Singapore topped the list on the Economist Intelligence Unit’s business environment ranking. franckreporter | E+ | Getty Images Singapore launched a slew of schemes to harness artificial intelligence, including tax breaks for companies and support for workers to learn AI skills. Presenting the country’s Budget on Thursday, Prime Minister Lawrence Wong announced that Singapore will […]
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Opinion: EU leaders need to do something, not have yet another ‘informal retreat’ at a castle
The Alden Biesen Castle ahead of the Informal EU Leaders’ Retreat in Alden Biesen, central Belgium on February 12, 2026. (Photo by NICOLAS TUCAT / AFP via Getty Images) Nicolas Tucat | Afp | Getty Images Here we go again. European leaders will hold an “informal retreat” at a Belgian castle on Thursday, as they […]
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Sanofi ousts CEO Hudson after stalled turnaround at vaccine giant
Paul Hudson, CEO Sanofi, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC French drugmaker Sanofi ousted CEO Paul Hudson on Thursday, ending a six-year tenure marked by a stalled drive to replace blockbuster drugs going off patent and rising pressure from […]
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Restaurant Brands earnings top estimates as international Burger King restaurants fuel sales growth
HANGZHOU, CHINA – NOVEMBER 11 2025: A deliveryman picks up an order at a Burger King outlet in Hangzhou in east China’s Zhejiang province Tuesday, Nov. 11, 2025. LONG WEI | Feature China | Future Publishing | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped expectations, fueled by strong international growth. […]
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