American Airlines shares tumble 13% after sales strategy backfires; carrier cuts growth
American cut its profit and unit revenue forecast for the second quarter, which coincides with some of the busiest travel periods of the year.
Goldman Sachs partner Beth Hammack to succeed Mester as Cleveland Fed leader
The central bank district announced Wednesday that Beth M. Hammack, 52, will take over when Loretta Mester steps down June 30.
Former OpenAI board member explains why CEO Sam Altman got fired before he was rehired
Former OpenAI board member Helen Toner said board members learned about ChatGPT from Twitter and didn’t know CEO Sam Altman owned the OpenAI startup fund.
AST SpaceMobile partners with Verizon, adding to AT&T coverage deal for satellite internet to phones
AST CEO Abel Avellan touted the agreements as “essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity.”
AST SpaceMobile stock surges 69%, its best day ever, after Verizon satellite internet deal
AST CEO Abel Avellan touted the agreements as “essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity.”
Trump trial jury set to begin deliberations in New York criminal hush money case
Donald Trump, the presumptive Republican presidential nominee, faces charges related to a payoff to porn star Stormy Daniels before the 2016 election.
Weekly mortgage demand drops to three-month low, as rates begin climbing again
After a brief pullback during much of May, mortgage rates began rising again last week.
Weekly mortgage demand drops to three-month low, as rates begin climbing again
After a brief pullback during much of May, mortgage rates began rising again last week.
HubSpot shares jump on talks of potential Google deal
HubSpot shares rose Tuesday after CNBC’s David Faber reported that Alphabet is in talks about an all-stock bid for the company.
Democrats plan to nominate Biden virtually to avoid missing Ohio’s ballot deadline
The move comes after Ohio GOP lawmakers were reluctant to shift the Aug. 7 deadline, which comes before the Democratic National Convention.
