Boeing shares rose Tuesday after a Wall Street Journal report said aviation officials believe a bird strike may have caused the crash of a 737 Max in Ethiopia in March. The fast-selling Boeing 737 Max airplanes have been grounded since shortly after that accident, which came less than five months after a similar crash in
Business
Travelers wait in line at O’Hare airport in Chicago, Illinois. Scott Olson | Getty Images Taking a plane to your summer getaway? Prepare for even more crowded airports. U.S. airlines will fly a record 257.4 million passengers between June 1 and the end of August, a 3.4% increase from the previous year, Airlines for America
John Legere, chief executive officer and president of T-Mobile US Inc., left, gives two thumbs-up as Marcelo Claure, chief executive officer of Sprint Corp., listens during an interview on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, April 30, 2018. Michael Nagle | Bloomberg | Getty Images Sprint
A still from Season 8 of Game of Thrones. Source: HBO Just two weeks after a coffee cup was spotted in an episode of “Game of Thrones,” eagle-eyed fans have spotted another major gaffe in the show’s finale — water bottles. *Warning: Spoilers for the “Game of Thrones” finale to follow.* During a very important
A still from Season 8 of Game of Thrones. Source: HBO HBO’s television adaptation of George R. R. Martin’s “A Song of Ice and Fire” has ended. While some fans of the long-running “Game of Thrones” felt satisfied by the show’s final bow, others were quick to express their displeasure with how events unfolded. *Warning:
Alysia Montano runs in the Women”s 800 Meter opening round during Day 1 of the 2017 USA Track & Field Championships at Hornet Satdium on June 22, 2017 in Sacramento, California. Andy Lyons | Getty Images Nike said is adding “written terms” to new contracts to support athletes during pregnancy days after being criticized for
With a career that has spanned the Department of Defense to spirits, television and hip-hop, Dia Simms is familiar with being the lone woman in the boardroom. In male-dominated industries for the past 20-plus years, she learned quickly to navigate a man’s world — and bring value to the table. The president of Combs Enterprises
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks on a webcast during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, May 10, 2019. Michael Nagle | Bloomberg | Getty Images Nobody in Silicon Valley should be surprised by Uber’s
Kit Harington as Jon Snow featured in the Game of Thrones season 6, episode 9 Source: HBO In an era in which binge-watching is the new norm, HBO’s “Game of Thrones” breaks the mold. Instead of releasing new episodes all in one day, the fantasy drama doles them out in weekly installments, just like traditional
Since its founding in 1961, Luxottica has transformed glasses from a necessary medical device to a fashion statement. It owns several popular brands, like Ray-Ban and Oakley, manufactures frames for dozens of luxury fashion houses, owns several eyeglass retail chains, and even operates the vision insurance company EyeMed. Its vertically integrated strategy helped it pull
CNBC’s Jim Cramer said Friday investors his blessings to buy shares of InterActiveCorp. The media and internet conglomerate on May 8 released its financial report for the period ending March 31, which delivered earnings per share of $1.06. The company reported 86 cents EPS the year prior. “I thought that was an amazing quarter,” the
Salesforce co-CEO Marc Benioff, left, and the company’s chief technology officer, Parker Harris, look on during a keynote address at Salesforce’s 2013 Dreamforce conference in San Francisco on Nov. 19, 2013. Justin Sullivan | Getty Images News | Getty Images Salesforce said on Friday that a technical snafu resulted in customers losing access to some
Tradeweb Markets Inc.: “That’s a very smart company … I’ve gotta tell you it’s got these big bank stakes. They’re all behind it. It’s gonna work.” Amgen Inc.: “I don’t know. It’s got a yield. You probably want more than that.” Palo Alto Networks Inc.: “Charitable trust owns it. We’re staying in it. Buy it.”
Wall Street has seen what happens when “irrational exuberance” comes back down to reality in the long-awaited Uber and other companies that have come public this year, CNBC’s Jim Cramer said. The cannabis cohort is another group that has had a similar result as American states gradually legalize the drug and taboo dies down. “Whenever
Facebook is still reeling from the fallout of its Cambridge Analytica scandal more than a year ago, as multiple former recruiters say candidates are turning down job offers from what was once considered the best place to work in the United States. More than half a dozen recruiters who left Facebook in recent months told
A customer smokes an E-Cigarette at Digita Ciggz on January 28, 2015 in San Rafael, California. Justin Sullivan | Getty Images A federal judge is siding with public health groups suing the Food and Drug Administration to begin reviewing thousands of e-cigarettes on the U.S. market. The ruling handed down Wednesday in district court states
Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference (WWDC) in San Jose, California, U.S., on Monday, June 4, 2018. David Paul Morris | Bloomberg | Getty Images Steam Link, a free app that enables gamers to play PC games on mobile devices, is now available to download on
A pedestrian passes a Nestle SA logo at the Nescafe factory, operated by Nestle SA, in Tutbury, U.K., on Thursday, Aug. 23, 2018. Simon Dawson | Bloomberg | Getty Images Nestle is in exclusive talks with a consortium led unit, according to a source familiar with the matter. EQT is putting the finishing touches to
Tim Hortons’ new Beyond Meat breakfast items. Source: Tim Hortons Tim Hortons is adding Beyond Meat to its menu. The Canadian coffee chain said Wednesday that it is testing the Beyond Breakfast Sausage in three breakfast sandwiches in select markets. “Canadians are looking to incorporate plant-based options into their diets and we’re thrilled to partner
The CEOs of companies with outsized exposure to China are anticipating that the United States will escalate trade tensions even further by extending tariffs to more Chinese products, CNBC’s Jim Cramer said Tuesday. Though President Donald Trump’s trade strategy is “flawed,” a 25% tariff on all Chinese imports could force the country to change its