CNBC’s Robert Frank joins ‘Squawk on the Street’ to discuss why wealth Americans are seeking foreign residency and investment applications during the election.
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Tue, Nov 5 202411:27 AM EST
Wealthy Americans apply for foreign investment visas & passports at record levels
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Spirit Airlines lawyer says cash ‘not going to last for very much longer,’ but government rescue on the table
A Spirit Airlines plane at New York’s LaGuardia Airport. Leslie Josephs/CNBC Spirit Airlines’ accessible cash to keep operating won’t last long and a government rescue package is on the table, a lawyer for the struggling budget carrier said at a hearing Thursday. The company needs access to existing cash or new funding in the next […]
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American Airlines CEO says merger with United would be ‘bad for customers’
American Airlines CEO Robert Isom said a potential merger with rival United Airlines would hurt consumers and would be anti-competitive. United CEO Scott Kirby floated the idea of a possible merger with American to a Trump administration official earlier this year, according to people familiar with the matter, eyeing a global expansion that could take […]
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Southwest Airlines forecasts quarterly earnings below estimates on higher fuel
A Southwest Airlines Boeing 737 airplane lands at Los Angeles International Airport after arriving from Chicago on March 7, 2026 in Los Angeles, California. Kevin Carter | Getty Images Southwest Airlines forecast second-quarter earnings below analyst estimates, citing higher fuel prices, while the carrier held off on updating its full-year 2026 forecast. Southwest expects to […]
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