An American Airlines Boeing 787-9 Dreamliner approaches for a landing at Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images A glitch in a scheduling platform allowed American Airlines pilots to drop thousands of trips in July, their union said Saturday, a headache for the airline as it tries … Read more
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not be selling its business after all. But it’s now looking to sell some of its real estate, reversing its prior stance. The retailer on Friday announced it terminated deal talks with The … Read more
The late Apple CEO Steve Jobs unveiling the first iPhone in 2007. David Paul Morris | Getty Images News | Getty Images President Joe Biden on Friday announced the names of 17 recipients of the Presidential Medal of Freedom, including the late Apple co-founder Steve Jobs. The award is the country’s highest civilian honor, and … Read more
Check out the companies making headlines in midday trading. Micron Technology – Shares of the chipmaker fell 3% after the company issued disappointing fiscal fourth-quarter guidance and said weakening consumer demand will hurt smartphone sales. The warning pulled down other chip stocks, which were among the top decliners in the S&P 500. Western Digital and … Read more
As dividend stocks gained in popularity this year, CNBC Pro sought names that could continue to offer investors relative safety and higher yields in the back half of 2022. Investors have pivoted deeper into dividend payers, as greater uncertainty and rising interest rates unnerved market participants and spurred a rotation out of growth names. On … Read more
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images Automotive and tech executives have long promised that autonomous vehicles would drive better than humans, but that was not the case for a fleet of Cruise cars in San Francisco this week. The … Read more
POKROVSK, Ukraine (AP) – A Russian airstrike on residential areas killed at least 21 people early Friday near the Ukrainian port of Odesa, authorities reported, a day after the withdrawal of Moscow’s forces from an island in the Black Sea had seemed to ease the threat to the city. Video of the attack before daybreak … Read more
Former US President Donald Trump gives the keynote address at the Faith & Freedom Coalition during their annual “Road To Majority Policy Conference” at the Gaylord Opryland Resort & Convention Center June 17, 2022 in Nashville, Tennessee. Seth Herald | Getty Images Donald Trump’s media company was subpoenaed by a federal grand jury in connection … Read more
Walmart CEO Doug McMillon speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC Walmart CEO Doug McMillon told employees on Friday that the company is weighing how to respond to a Supreme Court decision that ended the federal right to an abortion. “We are working thoughtfully and diligently to … Read more
The World Health Organization on Friday warned that urgent action is needed to contain the spread of monkeypox in Europe, as cases have tripled over the past two weeks. Europe is the center of a global outbreak of the virus with 90% of confirmed monkeypox cases reported there, according to the WHO. New infections have … Read more