United (UAL) earnings Q2 2024
United Airlines planes at Denver International Airport. Leslie Josephs | CNBC United Airlines‘ second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier’s results, but its third-quarter forecast came in shy of estimates as an oversupply of flights weighs on fares. United said Wednesday that it expects […]
Beyond Meat shares fall following report of restructuring talks with bondholders
Shares of Beyond Meat fell in post-market trading after The Wall Street Journal reported the company was engaged in talks with a group of bondholders about restructuring the company’s balance sheet.
Bay, Iger to take controlling stake at $250 million value
Bob Iger, chief executive officer of The Walt Disney Co., and his wife attend Willow Bay the Allen & Company Sun Valley Conference on July 11, 2024 in Sun Valley, Idaho. Kevork Djansezian | Getty Images Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable […]
Industrial production surges again amid high demand for air-conditioning during heat wave
Industrial production rose in June for the second month in row, driven by rising car sales and high demand for air-conditioning during a summer that has seen especially hot weather.
GM to up production of high-output V8 SUV
2025 Cadillac Escalade V-Series SUV Cadillac DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the 2025 model year. The new SUV features a standard 55-inch diagonal display across the dash, including a passenger-only screen; an “executive package” for the second […]
Nearly half of U.S. adults struggle to afford healthcare, research shows
Nearly half of U.S. adults are struggling to cover the cost of prescription drugs and doctor visits, new research shows, marking a new low for healthcare affordability.
No, waiting to claim Social Security is not a ‘big con’ — even if a TikTok finfluencer says it is
Yes, sometimes it makes sense to claim at 62 — but there’s a catch.
New Balance, WNBA sign multiyear partnership
Cameron Brink #22 of the Los Angeles Sparks plays defense against Bridget Carleton #6 of the Minnesota Lynx on June 5, 2024 at Crypto.com Arena in Los Angeles, California. Juan Ocampo | National Basketball Association | Getty Images New Balance on Tuesday announced a multiyear deal with the WNBA, joining a growing roster of backers […]
Royal Caribbean leans into shorter cruises, more experiences
With consumers getting more selective on how and where they vacation, cruise lines are fighting for Americans’ tourist budgets. Royal Caribbean thinks shortening trips and packing the days with activities and exclusive opportunities will keep customers hooked. “I think we are an experience-driven mindset,” Royal Caribbean CEO Jason Liberty told CNBC’s “Squawk on the Street” […]
Here is the real reason Elon Musk is moving SpaceX and X to Texas
Elon Musk’s reasons for moving SpaceX and X headquarters to Texas go far beyond a new California law protecting the rights of gay and transgender kids.
