Air India CEO says carrier embracing ‘new normal’ after deadly crash
An Air India Boeing 787-8 Dreamliner. Sopa Images | Lightrocket | Getty Images LONG BEACH, Calif. — Air India CEO Campbell Wilson said the carrier has embraced a “new normal” and a stepped-up safety focus following the crash of one of its planes in June, the deadliest aviation disaster in a decade. All but one […]
Oxford Industries says new Lilly Pulitzer offerings are winning over shoppers, but its Tommy Bahama line is lagging
Resort-style clothing maker Oxford Industries Inc. on Wednesday offered up mixed second-quarter results and third-quarter expectations, and said that while new Lilly Pulitzer offerings were attracting shoppers, its Tommy Bahama line wasn’t.
Marc Lasry discusses Steve Ballmer Kawhi Leonard payment
Former Milwaukee Bucks co-owner Marc Lasry said he doesn’t believe L.A. Clippers owner Steve Ballmer attempted to circumvent the NBA’s salary cap by working with a third-party company to surreptitiously pay superstar Kawhi Leonard in 2021 “It’s not something I would ever believe,” Lasry told CNBC in an exclusive interview. “I’ve always found him to […]
What investors are looking for in the August CPI data coming out tomorrow
Investors are looking ahead to an August consumer-price index report on Thursday that has the potential to curb the Federal Reserve’s enthusiasm for interest-rate cuts beyond September.
Avelo Airlines to buy 50 E2 jets from Brazil plane maker Embraer
An Embraer SA E190-E2 passenger aircraft stands on display on day two of the Farnborough International Airshow (FIA) 2018 in Farnborough, U.K., on Tuesday, July 17, 2018. Bloomberg | Bloomberg | Getty Images Brazilian airplane maker Embraer has landed its first U.S. sale of its efficient but slow-selling E2 jets with a 50-plane deal from […]
Doing business in China? Factor in deflation
A woman rides an electric scooter by the Beiyuan Grand Hotel in Beijing, China August 11, 2025. Maxim Shemetov | Reuters While U.S. companies battle inflation, those in China are up against something very different: deflation. The high-end Beijing hotel Beiyuan Grand has been setting up stalls in the evenings to serve dishes to passers-by […]
I’m 43 with $450K in my 401(k) and $270K in one company’s stock. Is this a risky plan?
“I have $60,000 in student debt, but no other debts. I also have $70,000 in high-yield savings.”
Airbus CEO reaffirms delivery guidance for 2025
Airbus CEO Guillaume Faury told CNBC on Tuesday that the plane maker remains on pace to deliver about 820 commercial aircraft in 2025, even as engine production delays continue to limit its capabilities. In an interview with CNBC’s Phil LeBeau, Faury said the European company is “on track” with aircraft production and has been making […]
Judge rules Lisa Cook can stay at the Fed, for now. She’ll likely vote at this month’s rate-setting meeting.
A judge has ruled that Federal Reserve governor Lisa Cook should stay in her post for the time being, likely preserving her vote at the central bank’s Sept. 16-17 meeting that will set interest rates, and delivering a setback to President Donald Trump’s effort to fire her over an allegation of mortgage fraud.
Ford rolls out new ad campaign amid industry-wide uncertainty
Ford on Wednesday rolled out a new advertising campaign that the company said will mark a “fundamental shift” in its branding strategy — and comes as the auto industry deals with major uncertainty. The automaker’s new strategy, titled “Ready, Set, Ford,” goes beyond vehicle-first advertising, Ford said, and instead focuses on the people who buy […]
