August home sales drop more than expected, as prices set a new record
Sales of previously owned homes fell 2.5% in August from July, to a seasonally adjusted annualized rate of 3.86 million…
Latest Business News, Market Trends & Corporate Insights
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JetBlue to open airport lounges in New York and Boston in battle for big spenders
JetBlue planes at JFK’s Terminal 5 in New York.Leslie Josephs | CNBCJetBlue Airways will open its first airport lounges in…
UAW warns of potential strikes at Ford, Stellantis a year after unprecedented work stoppages
UAW president Shawn Fain and members and workers at the Mopar Parts Center Line, a Stellantis Parts Distribution Center in…
Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle
A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Scott Olsen |…
WNBA to add expansion team in Portland, bringing league to 15 franchises
WNBA expansion team coming to Portland in 2026.Source: WNBAThe WNBA is adding its 15th team in Portland, the third new…
Lunar company Intuitive Machines’ stock jumps more than 40% after NASA moon satellite contract
Intuitive Machines’ IM-1 mission lander shortly after launching on Feb. 15, 2024.Intuitive MachinesIntuitive Machines‘ stock jumped in early trading Wednesday…
University of Tennessee to raise season ticket prices 10% in anticipation of revenue sharing
Nico Iamaleava, #8 of the Tennessee Volunteers, warms up prior to the Duke’s Mayo Classic against the NC State Wolfpack…
Boeing starts furloughing tens of thousands of employees amid machinist strike
Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept.…
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs…
ESPN’s Adrian Wojnarowski will retire from company to take a job in college basketball
Adrian Wojnarowski looks on before a game at Kaseya Center in Miami on June 7, 2023.David L. Nemec | National…
Alaska closes $1.9 billion acquisition of Hawaiian Airlines after DOT blessing
Alaska Airlines closed its $1.9 billion acquisition of Hawaiian Airlines, the companies said Wednesday, a day after the U.S. Department…
Lunar company Intuitive Machines’ stock jumps nearly 60% after NASA moon satellite contract
The company’s IM-1 mission lander shortly after launching on Feb. 15, 2024.Intuitive MachinesIntuitive Machines‘ stock jumped in early trading Wednesday…
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple CEO Tim Cook introduces the Apple Card during a launch event at Apple headquarters in Cupertino, California, on March…
Alaska-Hawaiian merger clears DOT review, but airlines must preserve miles, routes
Alaska Airlines and Hawaiian Airlines can go through with their planned merger, but they must maintain the value of their…
FanDuel parent Flutter looks for international growth with big acquisitions in Italy, Brazil
People walk by a banner outside of the New York Stock Exchange for the initial public offering of Flutter Entertainment,…
SpaceX Starlink has 2,500 airplanes under contract after United megadeal, director says
A Starlink terminal installed on a Hawaiian Airlines aircraft.Hawaiian AirlinesPARIS — SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi…
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
Tsingha25 | Istock | Getty ImagesThe Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to keep…
UAW union files unfair labor charges against Stellantis, accuses automaker of violating contract
United Automobile Workers (UAW) President Shawn Fain speaks on the first day of the Democratic National Convention (DNC) at the…
In federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era
NEW YORK CITY — In a federal courtroom on Monday, storied fashion designer Michael Kors spoke about the steep challenge…
Charter rolls out new Spectrum pricing and internet speeds, aims to ‘be a better service operator’
Christopher L. Winfrey, CEO of Charter Communications.Courtesy: Charter CommunicationsCharter Communications CEO Chris Winfrey said he wants customers to think of…
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