-
Fewer people are flying as airfare soars. Here's why airlines aren't worried
24 October 2026Airlines are reporting fewer people flew in the third quarter as airfare surged on fuel costs, but executives say travelers are mostly swallowing higher fares. -
Why popular airplanes are getting scrapped years early
24 October 2026Airplanes are getting dismantled for parts years ahead of schedule because engines and other components are in short supply. -
American Express is cutting 5% of its workforce to 'prepare for AI'
23 October 2026Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday. -
Moderna shares plunge after cancer vaccine data leaks — despite positive results
23 October 2026Moderna released full data on its closely watched cancer vaccine developed with Merck. -
Restaurant earnings will test whether owning more brands pays off
23 October 2026Shares of companies with multiple restaurant brands like Brinker and Darden are outperforming single-chain stocks like McDonald's and Chipotle. -
Comcast beats earnings expectations as media revenue offsets weakness in connectivity
22 October 2026Comcast is in the process of spinning off its media business into a separate publicly traded company. -
Elon Musk invests about $1 billion in Skydance
22 October 2026David Ellison's father, billionaire and Oracle co-founder Larry Ellison, has a history with Musk. -
David's Bridal plans to spin off AI platform Pearl into publicly traded company
22 October 2026David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company. -
Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S.
22 October 2026Taco Bell is sticking with longtime beverage supplier PepsiCo, even though sister chain KFC defected to Coca-Cola. -
Cruise lines chase luxury travelers with suites for up to $25,000 a night
22 October 2026CNBC got a tour of the Regent Suite, a top-of-the-line offering on Regent's Seven Seas Splendor that goes for $15,000 a night. -
American Airlines forecasts bigger loss in 2026 on fuel spike, plans to slow growth next year
22 October 2026It's the fourth major U.S. carrier to cut its 2026 forecast this month because of a spike in fuel costs. -
The political ad wars are still being fought over the airwaves even as digital gains share
22 October 2026Broadcast TV is set to capture nearly half of political advertising spending ahead of the midterm election as local stations benefit from record spending. -
Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products
22 October 2026Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue. -
Southwest Airlines cuts 2026 profit forecast on higher fuel
22 October 2026Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices. -
American Express brings Airbnb bookings and rewards to Amex Travel platform
22 October 2026More than 1 million Airbnb listings are now available to book through Amex Travel, allowing customers to earn membership points on prepaid bookings. -
GM aims to develop vehicles in as little as two years with AI, software push
21 October 2026General Motors is targeting a roughly two-year vehicle development cycle as it expands its use of artificial intelligence, simulation and vehicle software. -
Netflix has dipped its toe into theatrical. Is it ready to jump in?
21 October 2026Co-CEO Ted Sarandos has said the streamer needs new avenues for growth and to improve execution around its content strategy. -
Goldman Sachs, JPMorgan and Morgan Stanley are dominating the AI stock boom. Here's their edge
21 October 2026Wall Street’s Big Three have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge funds. -
EBay to lay off 9% of workforce in its second round of job cuts this year
21 October 2026EBay will lay off 9% of its workforce, or about 1,000 employees, as it works to focus on its "top strategic priorities." -
United Airlines set to open its biggest airport lounge in $2.6 billion overhaul at Houston hub
21 October 2026United is opening a 54,000-square-foot lounge as part of the revamp of Houston's George Bush Intercontinental Airport.