Tag: business news

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March Madness drags down first-quarter results

March Madness drags down first-quarter results

Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA's college basketball tournament weighed on overall first-quarter results for [...]
Why U.S. air traffic control is under strain

Why U.S. air traffic control is under strain

An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty ImagesAir traff [...]
Netflix adds OpenAI-powered search tool to revamped homepage and app

Netflix adds OpenAI-powered search tool to revamped homepage and app

Netflix launching an innovative new TV experience featuring enhanced design, responsive recommendations and a new way to search.Courtesy: NetflixNetfl [...]
Used vehicle prices jump to highest level since 2023 amid auto tariffs

Used vehicle prices jump to highest level since 2023 amid auto tariffs

A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty ImagesDETROIT — A closely wa [...]
Banks keep high rates inspired by now-dead CFPB rule

Banks keep high rates inspired by now-dead CFPB rule

The New York Stock Exchange is seen during morning trading on July 31, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty ImagesLa [...]
Disney Abu Dhabi theme park and resort coming

Disney Abu Dhabi theme park and resort coming

A new Disney theme park is coming to Abu Dhabi.The Walt Disney company announced Wednesday that it has reached an agreement with immersive destination [...]
Disney (DIS) earnings Q2 2025

Disney (DIS) earnings Q2 2025

Daytime fireworks launch over Cinderella Castle during a performance of "Mickey's Magical Friendship Faire" in the Magic Kingdom at Walt Disney World, [...]
Comcast SpinCo chooses corporate name Versant

Comcast SpinCo chooses corporate name Versant

Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong pro [...]
Former LPGA golfer Michelle Wie West invests in Togethxr

Former LPGA golfer Michelle Wie West invests in Togethxr

Former LPGA golf star Michelle Wie West is taking on a bigger role in growing women's sports — from off the course.On Tuesday, Wie West announced she [...]
Rivian Automotive (RIVN) Q1 2025 earnings

Rivian Automotive (RIVN) Q1 2025 earnings

Workers assemble second-generation R1 vehicles at electric automaker Rivian's manufacturing facility in Normal, Illinois, on June 21, 2024.Joel Angel [...]
Small investors rushed into Berkshire shares during dip even after their hero Buffett set exit

Small investors rushed into Berkshire shares during dip even after their hero Buffett set exit

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBCR [...]
Comcast’s Xfinity Mobile gets Philadelphia arena naming rights

Comcast’s Xfinity Mobile gets Philadelphia arena naming rights

Igor Golovniov | Lightrocket | Getty ImagesThe Philadelphia home of the NBA's 76ers and NHL's Flyers is getting a new name.Beginning in September the [...]
Ferrari posts upswing in first-quarter profit, confirms 2025 guidance

Ferrari posts upswing in first-quarter profit, confirms 2025 guidance

The Ferrari brand logo, the coat of arms with the lettering and a rising horse (cavallino rampante), can be seen on the rim of a vehicle from the spor [...]
Toy manufacturing won’t come to U.S., but price hikes will

Toy manufacturing won’t come to U.S., but price hikes will

One of the goals of President Donald Trump's 145% tariffs against China is to drive manufacturing back to America. But the odds of that are low, at le [...]
Hispanic shoppers are spending less on groceries, pressuring companies

Hispanic shoppers are spending less on groceries, pressuring companies

Miami, Hialeah Gardens, Florida, Walmart Supercenter, checkout line cashier, customers paying. Jeff Greenberg | Universal Images Group | Getty ImagesH [...]
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