Tag: Breaking News: Business
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American Airlines continues premium push with redesigned Boeing planes
American Airlines is adding its most premium seats to its largest planes, which it uses for its most popular long international flights.
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Uber to cut 10% of workforce in bid to move ‘simpler and faster’
Uber is cutting small teams by nearly half and allowing about 1% of its workforce to continue working remotely.
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Demand for riskier mortgages rises along with interest rates
Mortgage rates continue to rise, pushing some buyers to riskier, adjustable-rate loans in order to find savings. Rates are at the highest level since June 2025.
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Stan Kroenke buys controlling stake in MLB’s Los Angeles Angels
Kroenke Sports and Entertainment was valued at more than $26 billion in CNBC’s most recent list of the world’s most valuable sports empire.
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How one of the largest investors in student housing is playing this school year
Mike Gordon of Harrison Street Asset Management said funding cuts and enrollment trends are making specialization more vital than ever.
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Toyota’s hybrid RAV4 is in demand as dealers wait for more supply
When Toyota announced the new version of its SUV, it said the RAV4 would only be available as a hybrid and that production would be limited at first.
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OneRail launches AI platform with Nvidia for retailers to make faster delivery decisions
Last-mile delivery company OneRail is launching a new platform with Nvidia to use AI to help retailers make faster and more efficient delivery decisions.
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Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up
The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.
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Trump reportedly plans to announce new drug pricing deals with nearly a dozen drugmakers
The string of deals builds on the Trump administration’s push to link the nation’s drug prices to cheaper ones abroad.
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