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Breaking News: Business

Southwest Airlines pauses corporate hiring, most summer internships to cut costs

A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December...

Sierra Space CEO leaves, as $5 billion company pushes to launch space plane

Tom Vice, CEO of Sierra Space, talks to employees in front of the company's Dream Chaser space plane on Oct. 30, 2023 in Louisville,...

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesNordstrom on Monday announced it...

Party City to close all of its stores, report says

A sign in a Party City store in Miami, Florida, on Jan. 18, 2023.Joe Raedle | Getty ImagesParty City on Friday announced it will...

Amazon workers strike across seven facilities at peak of holiday shopping season

An Amazon delivery truck passes people holding signs and marching during a strike by Teamsters union members at an Amazon facility in Alpharetta, Georgia,...

Malls are using new restaurants to draw consumers as shopping centers reinvent themselves

Editor's note: This is the third story in a three-part CNBC series about the future of U.S. shopping malls, as developers transform the spaces...

From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023.David Paul Morris | Bloomberg | Getty ImagesDETROIT — For years,...

Here’s how Google’s quantum computing breakthrough could be good news for Honeywell

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key...

Stellantis CEO Carlos Tavares lost control of the automaker with ‘arrogant’ mistakes, sources say

Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024. Benoit...

UnitedHealthcare CEO Brian Thompson fatally shot in New York

UnitedHealthcare (UHC) health insurance company signage is displayed on an office building in Phoenix, Arizona on July 19, 2023.Patrick T. Fallon | Afp |...

The war on woke: How a gay rights index once touted by Walmart and others became a conservative target

As June's Pride Month festivities were nearing a conclusion, Tractor Supply released a statement that put LGBTQ+ rights proponents on alert.The farm-focused retailer said...

Applying this ‘$1 rule’ is the secret to guilt-free shopping, expert says. Here’s how it works

Shoppers carry their purchases on Black Friday in New York City on November 29, 2024. Adam Gray | AFP | Getty ImagesWhen Bernadette Joy graduated...

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