Posts by CNBC (old posts, page 24)
Shares of Hertz plummeted Tuesday morning following the company reporting disappointing first-quarter earnings and fleet cuts amid slower bookings and tariffs.
Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate.
Spirit Airlines introduces extra legroom seats, other perks, in push for premium
Spirit Airlines announced it will offer new premium options for its travelers, including an extra-legroom seating option and a two-free-checked-bags policy.
YouTube will stream NFL Week 1 game in Brazil for free
The NFL's Week 1 game between the Kansas City Chiefs and the Los Angeles Chargers in Brazil will be streamed for free on YouTube for the first time ever.
ESPN's new all-access streaming app will cost $29.99 per month
ESPN will charge $29.99 per month for its full-service streaming product, or $35.99 per month when bundled with Disney+ and Hulu ad tiers.
GM unveils new 'groundbreaking' EV battery tech, aims to be first to market
The new batteries and packs utilize more-prevalent, less-expensive minerals and are lighter and more cost-effective.
UnitedHealth Group CEO Andrew Witty steps down, company suspends annual forecast
Witty will act as a senior advisor to his successor, Stephen Hemsley, who served as UnitedHealth Group's CEO from 2006 to 2017.
German reinsurers took a $1.9 billion profit hit from LA wildfires in first quarter
The wildfires, which devastated Los Angeles in January, led to claims worth almost $1.9 billion for two of the world’s biggest reinsurers.
Toyota reveals new name, upgraded tech for its sole U.S. EV
Toyota's redesigned EV will be called the "bZ" and offer notable increases in EV technologies and capabilities.
Honda Motor reports 76% plunge in operating profit in huge earnings miss
Revenue for the full financial year rose 6.2%, but operating profit fell 12.2% and missed expectations.