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Breaking News: Business

  • Business

Eurostar hit by power outage during height of New Year travel season

Sagar6 months ago02 mins

People sit around with their bags at St. Pancras station in London on December 30, 2025, as Eurostar train service between Britain and continental Europe is halted. Carlos Jasso | Afp | Getty Images Eurostar urged passengers to change their travel plans on Tuesday as a problem with the overhead power supply forced the Channel…

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  • Business

GM’s record stock performance beats Tesla, Ford in 2025

Sagar6 months ago04 mins

Mary Barra, CEO of General Motors, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David A. Grogan | CNBC DETROIT — General Motors is on pace to be the top U.S.-traded automaker stock of 2025, as shares of…

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  • Business

McDonald’s, Chili’s, Taco Bell lean into value meals in 2025

Sagar6 months ago012 mins

McDonald’s restaurant in San Diego, California, U.S., Oct. 31, 2025. Mike Blake | Reuters “Value” was the buzzword du jour for restaurant executives that lasted all year — and it will likely stick around in 2026, too. Over the last year and a half, diners, particularly those who make less than $40,000 a year, have…

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  • Business

Airlines waive change fees ahead of winter storm

Sagar6 months ago02 mins

A traveler near a departures board at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Monday, Nov. 24, 2025. Victor J. Blue | Bloomberg | Getty Images Airlines are letting flyers change their trips ahead of a major winter storm that will put carriers to the test during one of the busiest…

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  • Business

Here’s what would it take for an Amazon stock comeback in 2026

Sagar6 months ago03 mins

After a year defined by worries about cloud growth and tariff impact on retail, Amazon stock heads into 2026 poised for gains. The Club name struggled throughout 2025 as Wall Street worried that Microsoft ‘s Azure and Google Cloud were outpacing the growth rate of the No. 1 cloud, Amazon Web Services, and how President…

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  • Business

Waymo pauses robotaxis in SF again due to flash flood warnings on Christmas Day

Sagar6 months ago03 mins

Waymo autonomous taxis turns onto Post Street in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg | Getty Images Waymo temporarily paused its robotaxi service in the San Francisco Bay Area on Thursday, ahead of expected storms in the area, according to a customer notification in the company’s driverless ride-hailing…

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  • Business

Inside the leather trade war hitting handbags, boots and couches

Sagar6 months ago07 mins

Different types of leather are seen at the Rio of Mercedes cowboy boot factory, on July 31, 2025, in Mercedes, Texas. Ronaldo Schemidt | AFP | Getty Images Bootmaker Twisted X — known for its Western footwear — was thrown into chaos overnight when President Donald Trump imposed sweeping tariffs on imports in April. The…

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  • Business

Free streaming service Tubi is rivaling major players for viewership

Sagar6 months ago08 mins

Thomas Fuller | Lightrocket | Getty Images Tubi hit profitability this year doing what other streaming services are trying to: attract younger audiences who are willing to sit through ads. The Fox Corp.-owned free streaming platform has long been among a sort of second tier of streaming services alongside lower-budget and less popular offerings like…

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  • Business

Southwest stock is up more than any other U.S. airline in 2025

Sagar6 months ago03 mins

A Southwest Airlines Boeing 737 airplane arrives at Los Angeles International Airport from San Francisco on March 28, 2025 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Southwest Airlines‘ profit fell 42% in the first nine months of the year compared with the same period in 2024. But its stock…

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  • Business

Tanger CEO Yalof says consumers still spending despite low confidence

Sagar6 months ago02 mins

U.S. shoppers are willing to spend this holiday season — despite falling consumer confidence and anxiety over prices — but only if the deals are there, Tanger CEO Stephen Yalof told CNBC on Tuesday. “Retailers are discounting to meet the consumer, and the consumer is responding by shopping,” Yalof said on CNBC’s “Money Movers.” Yalof said…

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