Business

VW updates 2025 Jetta to boost sales of the brand’s entry-level car
Business

VW updates 2025 Jetta to boost sales of the brand’s entry-level car

Volkswagen on Tuesday announced updates for its 2025 Jetta sedan to boost sales amid industry-wide affordability concerns. The entry-level version of the Jetta with an automatic transmission will start at $21,995 when it goes on sale, expected by the end of the third quarter, the company said. That model will replace the current lower-priced model […]

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Delta’s most exclusive airport lounge opens. Here’s what’s inside
Business

Delta’s most exclusive airport lounge opens. Here’s what’s inside

The bar at the Delta One lounge at New York’s John F. Kennedy International Airport. Leslie Josephs | CNBC Delta Air Lines’ most exclusive airport lounge opens this week to travelers flying on the right ticket. The Delta One lounge at the carrier’s hub in John F. Kennedy International Airport will open Wednesday to customers […]

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How Delta made itself America’s luxury airline — and what United wants to do about it
Travel

How Delta made itself America’s luxury airline — and what United wants to do about it

An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure his carrier stays on top. The airline’s unit revenue, the amount it brings in for every seat it flies one mile, outpaced its competitors’ last […]

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College dropouts raise 0 million to take on Nvidia’s AI chips
Technology

College dropouts raise $120 million to take on Nvidia’s AI chips

Etched co-founders Robert Watchen, Gavin Uberti, and Chris Zhu Etched Nvidia has been the hottest story on Wall Street of late, increasing eightfold in value since the end of 2022 and soaring past $3 trillion in market cap this month. A 2-year-old startup founded by Harvard dropouts has just raised $120 million in venture funding […]

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Novo Nordisk’s Wegovy weight loss drug approved in China
World

Novo Nordisk’s Wegovy weight loss drug approved in China

Novo Nordisk’s Wegovy weight loss drug has seen a meteoric rise in popularity.  Nurphoto | Getty Images Novo Nordisk said Tuesday that its Wegovy weight loss treatment has been approved in China for long-term weight management, opening up the blockbuster drug for sale in the world’s second largest economy. China’s National Medical Products Administration “recently” […]

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Oracle warns that a TikTok ban would hurt business
Technology

Oracle warns that a TikTok ban would hurt business

Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle Corp. met with senators at the Capitol Tuesday to press for US support of Israel amid its invasion of Gaza, while seeking a way to release hostages […]

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Nvidia slides 13% in three days after briefly becoming most valuable company
World

Nvidia slides 13% in three days after briefly becoming most valuable company

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Since briefly becoming the world’s most valuable company last week, Nvidia has dropped for three consecutive trading days and is now down 13% from its peak. Monday’s slide was the chipmaker’s second-steepest […]

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Novo Nordisk to build .1 billion North Carolina facility to boost output of Wegovy, Ozempic
Health

Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic

Novo Nordisk’s new manufacturing facility in Clayton, North Carolina. Courtesy: Novo Nordisk Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid to boost the supply of its blockbuster weight loss drug Wegovy, diabetes treatment Ozempic and other injectable therapies.  Demand for […]

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Disney’s ‘Inside Out 2’ could be the first billion-dollar movie of 2024
Business

Disney’s ‘Inside Out 2’ could be the first billion-dollar movie of 2024

In Disney and Pixar’s “Inside Out 2,” Riley’s Sense of Self is made up of all of her beliefs, each of which can be heard with the pluck of a string. Sadness (voice of Phyllis Smith) and Joy (voice of Amy Poehler) deliver key memories to this formative land. Disney | Pixar Disney and Pixar’s […]

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Shares generating the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and additional
Finance

Shares generating the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and additional

Examine out the organizations generating the greatest moves midday: Encourage Clinical Devices , ResMed — Encourage Medical Units and ResMed, which manufacture units to take care of obstructive slumber apnea, dropped 14% and 11%, respectively, following Friday’s news that Eli Lilly ‘s body weight decline drug tirzepatide diminished the severity of the affliction. Eli Lilly […]

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