Nike cuts 1,400 roles in second round of layoffs this year
People walk past a Nike store in New York City, on April 2, 2025.Kylie Cooper | ReutersNike announced a new ...
Tag: Business
Possible Spirit rescue fuels new fears about government involvement in business
The Trump administration is discussing a $500 million rescue deal for Spirit Airlines that could leave the federal government owning ...
Tesla earnings, the future of Spirit Airlines, WBD shareholder vote and more in Morning Squawk
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. With Lululemon and LinkedIn joining the ...
SK Hynix posts record first-quarter profit, in line with estimates as memory prices climb
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company's Bundang office in Seongnam ...
Southwest Airlines forecasts quarterly earnings below estimates on higher fuel
A Southwest Airlines Boeing 737 airplane lands at Los Angeles International Airport after arriving from Chicago on March 7, 2026.Kevin ...
United Airlines slashes 2026 forecast as fuel costs surge
A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026.Al Drago | Getty ImagesUnited Airlines ...
Jim Cramer says Tim Cook accomplished something ‘almost impossible’ as Apple CEO
CNBC's Jim Cramer on Tuesday reflected on the legacy of Tim Cook, arguing that the longtime leader of Apple achieved ...
Trump says ‘maybe’ government should help struggling Spirit Airlines
President Donald Trump said Tuesday that the federal government could help struggling Spirit Airlines as the discount carrier faces the ...
Hillhouse-backed Ascentium buys fellow business services firm Dezan Shira, as the platform tries to ride China’s surge in outbound investment | Fortune
Ascentium, an Asia-based business services platform backed by Hillhouse Investment, is acquiring Dezan Shira & Associates, a 33-year-old advisory firm ...
Global recession is inevitable if Strait of Hormuz stays shut, says Citadel’s Ken Griffin
Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International Monetary Fund ...
