A Spirit Airlines plane sits parked at Hollywood Burbank Airport in California, April 16, 2026. Justin Sullivan | Getty Images Spirit Airlines struggled for years, battered by larger, cash-rich airlines that copied its business model as well as by failed mergers, higher costs and, most recently, a surge in jet fuel prices because of the…
Paramount Skydance topped Wall Street’s revenue and earnings estimates for the first quarter on Monday, as the media company got a boost from its streaming and film businesses. The company reported nearly $7.35 billion in first-quarter revenue, up 2% from the prior year, and lifted by the overall streaming business — which includes Paramount+, as…
Politicians on both sides of the aisle want to block Chinese vehicles from the United States. But over 100 Chinese automakers, auto tech companies, and parts suppliers already have a presence in the U.S., according to a survey done by Dunne Insights, a consultancy that focuses on electric vehicles and autonomous markets. Despite the United States…
Wegovy semaglutide tablets. Michael Siluk | Universal Images Group | Getty Images When the Wegovy pill launched in January, telehealth provider LifeMD said its business doubled almost overnight. LifeMD went from seeing between 300 and 400 new patients a day to 600 to 1,000 new patients a day, said CEO Justin Schreiber. He knew there…
A UPS Boeing 767 departs Los Angeles International Airport en route to Louisville, Kentucky, Jan. 27, 2026. Kevin Carter | Getty Images Shares of logistics giants UPS and FedEx sank on Monday after Amazon announced a new initiative to open up its supply chain networks to other businesses. Both stocks were down 10% in midday…
Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images Anthropic said Monday it is partnering with private equity giants Goldman Sachs and Blackstone to launch a $1.5 billion firm aimed at…
Spirit Airlines kiosks at New York’s LaGuardia Airport on May 2, hours after the carrier shut down. Leslie Josephs/CNBC BALTIMORE/NEW YORK — Spirit Airlines was hours away from its final flights Friday afternoon. Jeremiah Burton was hours away from his first. “It’s my first time flying,” Burton, a 45-year-old air conditioning and heating technician, told…
It’s a challenging labor market for those just starting out, and new job seekers will likely have to recalibrate their earning potential. Today’s college seniors expect to make about $80,000 one year after graduation, according to a survey of undergraduates pursuing a bachelor’s degree by real estate site Clever in February and March. Yet, the average…
President Donald Trump holds up an executive order during an event in the Oval Office of the White House on April 30, 2026. Trump signed an order to expand retirement account access for workers. Andrew Harnik | Getty Images News | Getty Images President Donald Trump signed an executive order on Thursday to expand retirement…
Smith Collection | Gado | Archive Photos | Getty Images More graduate students are likely to take out private education loans after new federal loan caps were established in President Donald Trump’s One Big Beautiful Bill Act. That prospect is worrying, consumer advocates and other financial experts say — private lenders are likely to reject many…