Business

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines’ holiday meltdown will “certainly” hit its fourth-quarter results, executives said Thursday, adding that it will take several weeks to work through affected travelers’ reimbursement requests. The systemwide chaos stranded hundreds of thousands of customers over the holiday week and drew scrutiny from Washington.

In this article DIS WBD NFLX Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this year, with companies losing billions of

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar: The Way of Water Courtesy: Disney Co.  James Cameron’s “Avatar: The Way of Water” has passed the billion-dollar mark at the global box office, but sluggish sales in China could weigh on the film’s final haul. Worldwide ticket sales for the Disney film now

In this article TSLA RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. It was about which stock managed to escape the worst of the

In this article MCD SBUX CMG SG Follow your favorite stocksCREATE FREE ACCOUNT A White Castle team member next to Miso Robotics’ Flippy. Courtesy: Miso Robotics Chipotle Mexican Grill is testing whether a robot can make tortilla chips in stores. Sweetgreen plans to automate salad making in at least two locations. And Starbucks wants its

A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters High interest rates, supply chain problems and recessionary fears were among the major challenges for the global automotive industry in 2022. Those issues aren’t expected to be resolved quickly. There’s growing concern on Wall Street that this year’s

The “microfinance” industry — long touted as a way to help poor, rural communities in developing countries — is pushing tens of thousands of farming families into debt traps as they attempt to adapt to a changing climate, according to a report. The study, conducted by researchers at a group of U.K. universities, looked at

Aircraft are deiced at General Mitchell International Airport in Milwaukee Reuters Flight cancellations eased further on Monday but disruptions from severe winter weather across the U.S. lingered at the tail end of Christmas weekend. Airlines have canceled more than 17,000 U.S. flights since Wednesday, according to FlightAware, as storms brought snow, ice, high winds and

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar: The Way of Water Courtesy: Disney Co.  Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop from its debut. A decline in ticket sales is common for blockbuster titles, with

Mt. Fuji and Tokyo skyline, Japan. Jackyenjoyphotography | Moment | Getty Images Americans are poised to travel overseas in a big way in 2023. Households are continuing to unleash two or three years’ worth of pent-up demand as Covid-19 fears wane and the last vestiges of pandemic-era border restrictions have eased. The U.S. dollar also

A man smokes marijuana during a hip-hop performance at the 11th annual block party held by the Bushwick Collective in Brooklyn, New York, on June 4, 2022. Alex Kent | AFP | Getty Images Thriving, unregulated marijuana businesses across the United States are undercutting legal markets awaiting banking and tax reform. While it’s an issue

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Avatar: The Way of Water Courtesy: Disney Co.  All eyes are on “Avatar: The Way of Water’s” second week at the box office. James Cameron’s long-awaited sequel to the highest-grossing film of all time fell short of initial box-office expectations during its debut last week.

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half at SoFi Stadium on Sunday, Dec. 18, 2022 in Los Angeles, CA. Allen J.

In this article UPS FDX Follow your favorite stocksCREATE FREE ACCOUNT FedEx and United Parcel Service warned that packages could be delayed as a massive winter storm brought high winds, bitter cold and snow to large swaths of the U.S. ahead of Christmas weekend. The severe weather was already snarling air travel during what is

In this article AAL LUV UAL DAL Follow your favorite stocksCREATE FREE ACCOUNT Workers deice an Alaska Airlines plane during a snow storm at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022. David Ryder | Bloomberg | Getty Images Airlines canceled hundreds of flights this week as winter storms, bitter

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT AJ Dillon #28 of the Green Bay Packers avoids a tackle by Jalen Ramsey #5 of the Los Angeles Rams during the first half at Lambeau Field on December 19, 2022 in Green Bay, Wisconsin. Patrick Mcdermott | Getty Images The National Football League announced

In this article UAA MAR UA NKE LULU Follow your favorite stocksCREATE FREE ACCOUNT Under Armour said Wednesday that it has hired Marriott International President Stephanie Linnartz to be its next CEO, capping off a seven-month hunt for a new boss that the company hopes will grow its digital business.  Linnartz, who has been with

Lane Turner | The Boston Globe | Getty Images Sales of existing homes fell 7.7% in November compared with October, according to the National Association of Realtors. The seasonally adjusted annualized pace was 4.09 million units. That is weaker than the 4.17 million units housing analysts had predicted, and it was a much deeper fall

In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT Nike on Tuesday reported quarterly results that easily topped Wall Street’s expectations while raising its outlook, as the company touted its success in clearing through its hefty inventory pile. Shares of Nike rose more than 10% after hours Tuesday. related investing news Costco CEO’s cautious

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Target is stressing value this holiday season, as consumers feel pinched by inflation. At its store in New Jersey, signs that advertise low-priced items are more prominent than in previous years. Melissa Repko | CNBC FAIRFIELD, N.J. — Inside of this large store in the

In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, July 26, 2021. Andrew

Millionaire investors are betting on double-digit declines in stocks next year, reflecting their most bearish outlook since 2008, according to the CNBC Millionaire Survey. Fifty-six percent of millionaire investors surveyed expect the S&P 500 to decline by 10% in 2023. Nearly a third expect declines of more than 15%. The survey was conducted among investors

In this article AAPL DIS NFLX PARA WBD AMZN Follow your favorite stocksCREATE FREE ACCOUNT Andrew Ross Sorkin speaks with Netflix founder and Co-CEO Reed Hastings during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago |

Whether it’s on the basketball court or behind the barista bar, Miami Heat star Jimmy Butler is determined to be the best. That’s why he has involved himself in every step of the process when creating his own coffee company, Bigface Brand. “I want to be in every Zoom call, every meeting, on every sourcing

In this article AAL MESA Follow your favorite stocksCREATE FREE ACCOUNT American Eagle Bombardier CRJ-900ER aircraft seen at Phoenix Sky Harbor International Airport. Alex Tai | SOPA | Getty Images American Airlines said Saturday that it will drop Mesa Air for some of its regional flying, citing concerns about its partner’s financial and operational problems, issues that

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT James Cameron’s “Avatar: The Way of Water” snared $17 million during its Thursday night previews on its way towards a $175 million opening weekend. The number itself is not particularly remarkable compared to other cinematic releases this year, but the percentage of tickets that were

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has once again increased the starting price of its electric F-150 Lightning, citing higher raw material

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT A Cruise vehicle in San Francisco, California, on Wednesday Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images U.S. automotive safety officials have opened a formal probe into the autonomous driving system used by General Motors’ self-driving vehicle unit Cruise. The National Highway