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Categories Business

Paramount and Skydance inch closer to a merger with one last big hurdle remaining

Author April 30, 2024

Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari

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Categories Business

Biden administration to require advanced safety tech on all new cars and trucks

Author April 30, 2024

The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking

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Categories Business

Peacock raising prices by $2 ahead of the Summer Olympics as streaming wars rage on

Author April 30, 2024

NBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead of this summer’s

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Categories Business

Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant.

Author April 30, 2024

Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 10% on Friday

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Categories Business

Key Fed inflation measure rose 2.8% in March from a year ago, more than expected

Author April 29, 2024

Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures

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Categories Business

Open seating no more? Southwest CEO says airline is weighing cabin changes

Author April 27, 2024

Southwest Airlines is considering changes to its single-class, open-seating cabins to drive up revenue, CEO Bob Jordan told CNBC on Thursday, a shift

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Categories Business

Patriots owner says ‘Jew hatred’ on U.S. college campuses parallels Germany in 1930s and ’40s

Author April 27, 2024

New England Patriots owner Robert Kraft said Thursday that the campus protests launched nationwide in response to Israel’s campaign in Gaza are

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Categories Business

All the data so far is showing inflation isn’t going away, and is making things tough on the Fed

Author April 27, 2024

The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in, and none

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Categories Business

Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Author April 26, 2024

Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned.  The company has considered filing

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Categories Business

Workers earning up to $58K a year could soon become eligible for overtime pay

Author April 26, 2024

Millions more Americans could become eligible for overtime pay. The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify

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