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Breaking News: Business

Hertz shares plummet after weak Q1, $250 million stock offering

by Adam Aitken

DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering. Hertz shares were off more …

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United Airlines (UAL) Q1 2025 earnings

by Leila Aboulela

A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025. …

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American Airlines, Spirit cut summer profit forecast on costs

by Leila Aboulela

An American Airlines plane sits at the gate at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on february 23, 2023 Daniel Slim | Afp | Getty Images American …

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UAW may implement targeted strikes if no deals reached with automakers

by Francesco Algarotti

Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT — The United …

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Child poverty surged after stimulus checks, tax credits ended

by Peter Abrahams

Children ages 3 to 5 participate at the Head Start classroom in the Carl and Norma Miller Children’s Center in Frederick, Maryland, March 13, 2023. Maansi Srivastava | The Washington …

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Judge withdraws from Medicare drug price case after stock ownership is revealed

by James Agee

Ohio Governor Mike DeWine, right, shakes hands with Judge Thomas Rose of the U.S. District Court Southern District of Ohio after taking his oath of office, Monday, Jan. 14, 2019, …

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Ford to double F-150 hybrid pickup production as EV sales growth slows

by Betti Alver

2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT — Ford Motor plans to double production of a hybrid version of its F-150 pickup truck as the company grapples with slower-than-expected …

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UPS CEO Carol Tome sells investors on new Teamsters labor contract

by Adam Aitken

UPS CEO Carol Tome introduces U.S. President Donald Trump for an event at a UPS facility at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., July 15, 2020.  Jonathan Ernst …

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Blumenthal plans action on political, charitable telemarketing scams

by Peter Abrahams

Sen. Richard Blumenthal announces a bipartisan agreement on Turkey sanctions during a news conference on Capitol Hill in Washington, Oct. 17, 2019. Erin Scott | Reuters Sen. Richard Blumenthal is …

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Apple USB-C adapter for iPhone 15 costs $29

by Claribel Alegria

The Apple iPhone 15 USB-C Connector. Source: Apple Inc. Apple announced its new iPhone 15 lineup Tuesday, and the devices feature a new, widely anticipated USB-C charging port. By the …

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