Traffic on Interstate 80 in San Pablo, California, US, on Wednesday, Nov. 26, 2025. David Paul Morris | Bloomberg | Getty Images President Donald Trump on Wednesday proposed big cuts to strict fuel economy standards for passenger cars enacted under the Biden administration. “We are officially terminating Joe Biden’s ridiculously burdensome, horrible actually, CAFE standards…
A Delta Airlines Boeing 757-200 plane passes by the U.S. Capitol dome in Washington as it comes in for a landing at Ronald Reagan Washington National Airport on Sunday, November 9, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Delta Air Lines said the government shutdown that ended last month cost it approximately…
A Fortec adaptive reuse project in Barrington, Illinois. Courtesy: Fortec A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to…
Macy’s on Wednesday beat Wall Street’s sales expectations for the third quarter in a row and posted its strongest growth in more than three years as the company’s turnaround strategy showed signs of momentum. The department store operator raised its full-year sales and earnings outlook after its better-than-expected fiscal third quarter. The retailer now expects…
Sam Altman is feeling the pressure. The OpenAI CEO sent a memo to his staffers on Monday outlining a “code red” effort to improve its chatbot ChatGPT, according to multiple reports. Altman said OpenAI will be pulling back on investments in areas like health, shopping and advertising as it works to prioritize ChatGPT, the reports…
Beta Technologies shares surged more than 9% after air taxi maker Eve Air Mobility announced an up to $1 billion deal to buy motors from the Vermont-based company. Eve, which was started by Brazilian airplane maker Embraer and is now under Eve Holding, said the manufacturing deal could equal as much as $1 billion over…
A Boeing 777-9 prepares to land at Al-Maktoum International Airport during the Dubai Airshow 2025 in Dubai on November 17, 2025. Giuseppe Cacace | Afp | Getty Images Boeing is continuing to express optimism about its business as the company wraps up the year and looks at 2026. Chief Financial Officer Jay Malave said Tuesday…
A “For Rent” sign in front of an apartment building on St. Paul Street in Brookline, MA, on September 12, 2025. Boston Globe | Boston Globe | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real…
Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024. Joan Cros | Nurphoto | Getty Images Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children. The couple’s donation will…
A shopper exits a Costco store in Centerville, Ohio, US, on Tuesday, Oct. 21, 2025. Kyle Grillot | Bloomberg | Getty Images Costco is suing the Trump administration to get a full refund of new tariffs already paid by the warehouse retail giant this year, and to block those import duties from continuing to be…
