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Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on Chinese-made electric vehicles. “Neither Tesla nor I asked for these tariffs,” Musk said in response to a question…

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What the Ticketmaster-Live Nation lawsuit could mean for fans of live music

May 25, 2024

Many live music fans likely met the news that the U.S. Justice Department is seeking to break up Ticketmaster and its parent company Live Nation with glee. Long the subject…

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Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says

May 25, 2024

Boeing will burn through cash this year and deliveries of new planes won’t improve in the second quarter from the first, as the manufacturer deals with a host of production challenges…

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Oil prices hit three-month lows, head for weekly loss as summer driving season kicks off

May 25, 2024

Crude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving season gets underway with the Memorial Day holiday. U.S. crude…

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It wasn’t the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.

May 25, 2024

Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was America’s largest casual dining operation, serving 64 million customers…

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Will schools finally pay student-athletes? What a historic settlement means for the NCAA and players

May 25, 2024

Could college athletes really start getting paid directly by their schools, ending decades of acrimony over the issue? The NCAA, along with the five largest college athletic conferences, announced Thursday…

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‘It is time to break up Live Nation’: DOJ sues Ticketmaster parent over alleged monopoly

May 24, 2024

The Justice Department filed a lawsuit Thursday seeking to break up Live Nation, the parent company of Ticketmaster, alleging it has hurt consumers and violated antitrust laws by exercising outsize…

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Dow falls 600 points in worst day of 2024 as Nvidia’s blockbuster earnings fail to lift broader market

May 24, 2024

Stocks fell Thursday, with the Dow Jones Industrial Average registering its worst day of 2024, as a post-earnings rally in Nvidia failed to lift the broader market. The 30-stock Dow slid 605.78 points,…

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Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy

May 24, 2024

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions,…

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Frontier CEO urges crackdown on ‘rampant abuse’ of airport wheelchair service

May 24, 2024

The 1986 Air Carrier Access Act requires airlines to provide a wheelchair to passengers with disabilities at the airport. The problem: Many travelers are faking it, Frontier Airlines CEO Barry Biffle says.…

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Popular Topics

Tesla CEO Elon Musk says he favors ‘no tariffs’ on Chinese EVs

What the Ticketmaster-Live Nation lawsuit could mean for fans of live music

Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says

Oil prices hit three-month lows, head for weekly loss as summer driving season kicks off

It wasn’t the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.

Will schools finally pay student-athletes? What a historic settlement means for the NCAA and players

‘It is time to break up Live Nation’: DOJ sues Ticketmaster parent over alleged monopoly

Dow falls 600 points in worst day of 2024 as Nvidia’s blockbuster earnings fail to lift broader market

Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy

Frontier CEO urges crackdown on ‘rampant abuse’ of airport wheelchair service