Short sellers increasing their bets against regional banks amid NYCB’s woes
Certain regional banks have been shorted more as concerns stemming from NYCB’s weaknesses rise in the sector.
Delta to open a new tier of ‘premium’ airport lounges this year in high-end travel push
Delta will join American and United in offering a top-tier lounge separate from it’s regular club network.
New Kia Carnival minivan will be offered as a hybrid and maintain its SUV design
Kia is adding a hybrid model to its Carnival minivan to meet increasing consumer demand for the technology and assist in meeting federal fuel economy standards.
India is the new Asia growth story. Here’s why investors are bullish on the outlook
As China faces mounting economic challenges, investors are looking to India as Asia’s promising growth story.
Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments
Americans are increasingly leaning on credit to make ends meet, boosting balances and total debt to fresh highs.
Under Armour shares jump after it raises profit expectations amid sliding sales
Under Armour delivered a mixed set of results for its 2023 holiday quarter after it saw slow sales in its wholesale channel and soft demand in North America.
Las Vegas has invested billions into sports. The question is, will it pay off?
Las Vegas spent billions into becoming a global hub for sports and entertainment. The question is, will it pay off?
Google rebrands Bard AI to Gemini and launches a new app and subscription
Google Bard, a chief competitor to OpenAI’s ChatGPT, is now called Gemini, the same name as the suite of AI models that power it.
Coup nations threaten to quit West Africa bloc: Here’s what it means for the region — and Russia
Three West African countries currently under the rule of military juntas have announced plans to exit the Economic Community of West African States.
Wall Street loves Disney’s kitchen-sink quarter, but Nelson Peltz says he isn’t backing down
Disney shares jumped after announcements meant to excite investors while activist investor Nelson Peltz tells CNBC he is pushing forward with a proxy fight.
