49ers QB Brock Purdy made less money this year than 16 college football players
Brock Purdy signed a four-year contract with the San Francisco 49ers in 2022 that turned out to be one of the biggest bargains in the league today. Because Purdy, 24, was drafted with the last pick in the seventh round of the NFL draft in 2022, he’s locked into a lower yearly salary for his […]
Insurance costs hit corporate earnings at Travelers and J.B. Hunt
A stealth inflationary cost is biting into corporate profits. While some companies are now seeing lower input and freight costs, one expense is not falling: insurance. In its earnings report Friday morning, Dow component Travelers said insurance premiums that it charges are still soaring. Premiums on business policies jumped 14% in the last quarter. Consumers […]
JetBlue to cut some routes after judge bars Spirit purchase
The JetBlue drop-off area at New York’s LaGuardia Airport on Oct. 31, 2023. Leslie Josephs/CNBC JetBlue Airways told staff this week that it will cut some routes and service as it struggles to return to profitability and grapples with the fallout of its blocked plan to buy Spirit Airlines. JetBlue said it will stop flying […]
‘I can’t afford to keep paying for two households’: My adult sons live rent-free in my house, while I pay for 50% of utilities in my second husband’s condo
In 2007, my now ex-husband and I bought a home, where we lived as a family with our two boys for just a few years before we divorced in 2009. I refinanced the house in my name, and have paid the mortgage and utilities as a single parent ever since. In 2016, I met and […]
Japan announces successful SLIM lunar landing
People raise their hands after a successful moon landing by the Smart Lander for Investigating Moon, in a public viewing event in Sagamihara, south of Tokyo, Japan, on Jan. 20, 2024. Kim Kyung-hoon | Reuters Japan staked its claim as a national space power on Friday, as its SLIM spacecraft successfully landed on the lunar […]
My mom refuses to move out of my house. She paid for upkeep and appliances.
I live in Florida and bought a house in 2011. My mother moved in about a year later. We never discussed if this was permanent or not, but after a few years I started thinking about living on my own again. However, she refuses to move out. She has invested money in repairs and new […]
Spending is strong, delinquencies down from 2019
Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in New York on Nov. 10, 2022. Stephanie Keith | Bloomberg | Getty Images American Express CEO Stephen Squeri on Friday said the credit card company saw “good consumer spending” during the holidays and signs of strong overall […]
Why United Airlines invested $1 billion in Denver Airport
Last year was Denver International Airport’s busiest on record. While airline stocks have yet to fully recover to pre-pandemic levels, passengers have returned in droves — and millions of them are flying through the Colorado hub. “We will end 2023 much higher than our forecast at about 78 million passengers annually,” said Phil Washington, CEO […]
Opinion: The betting on the ‘AI PC’ race is ignoring the true AI leader: Nvidia
“Nvidia has history on its side.” You couldn’t take 10 steps at CES, the annual Consumer Electronics Show in Las Vegas, without hearing about AI. All the key players in the AI PC race were present last week in force, including Intel INTC, +3.02%, AMD AMD, +7.11%, Qualcomm QCOM, +4.59% and Microsoft MSFT, +1.22%. Intel […]
Beyond Yoga names Athleta, Gap veteran Nancy Green CEO
Beyond Yoga Courtesy: Beyond Yoga Levi Strauss’ Beyond Yoga has tapped former Athleta CEO and longtime Gap veteran Nancy Green to be its next chief executive, as the company looks to scale beyond its modest roots and compete with industry leaders such as Lululemon and upstarts such as Alo Yoga and Vuori. Beyond Yoga’s founder […]
