The zero-fare public transit movement is picking up momentum
Washington, D.C., is poised to be the next major city to eliminate bus fares as the zero-fare transit movement picks up speed in the U.S.
CNBC US News
Saudi Arabia's $500 billion bet to build a futuristic city in the desert
Saudi Arabia is building a futuristic city, Neom, in the desert from scratch. The $500 billion project is the brainchild of Crown Prince Mohammed bin Salman.
Insana says the case is clear that inflation is over
The data simply don't support inflationary concerns and have been bolstering the case for a disruptive, but temporary, burst of inflation.
CDC says it’s ‘very unlikely’ Pfizer booster carries stroke risk for seniors after launching review
The CDC said one of its monitoring systems detected a preliminary safety signal for stroke in people ages 65 and older who received the Pfizer omicron booster.
Apple CEO Tim Cook requests and receives a 40% pay cut after shareholder vote
Apple CEO Tim Cook will receive a pay cut in 2023, targeting $49 million in total compensation, the company said in an SEC filing.
U.S. will hit its debt limit Thursday, start taking steps to avoid default, Yellen warns Congress
Treasury Secretary Janet Yellen wrote House Speaker Kevin McCarthy, "It is unlikely that cash and extraordinary measures will be exhausted before early June."
Activist investor Nelson Peltz's Trian won't pursue Wendy's takeover
Nelson Peltz isn't interested in acquiring Wendy's but said in a statement he is confident in the company's ability to drive shareholder value.
Higher labor costs dent Delta's profit forecast but travel demand is still strong
Delta and other airlines had said demand remained strong throughout the quarter.
U.S. uninsured rate fell during Covid pandemic as Medicaid and Obamacare coverage grew
In the first quarter of 2022, the uninsured rate dropped to an all-time low of 8%, according to the report.
Key Senate Democrats push Southwest CEO for answers on holiday meltdown
Fifteen senators signed a letter to Southwest CEO Bob Jordan demanding answers about the airline's year-end meltdown.
96% of workers are looking for a new job in 2023, poll says: What to know before you job hop
A whopping 96% of workers are looking for a new position in 2023, largely in search of better pay, according to a recent report by Monster.com.
Trump Organization hit with $1.6 million fine for criminal tax fraud scheme
Two subsidiaries of the Trump Organization, former President Donald Trump's business, were hit with fines of $1.6 million at sentencing.
Tesla cuts prices in the U.S. and Europe to stoke sales after lackluster year-end deliveries
Electric vehicle maker Tesla is cutting prices in the United States and throughout Europe again, according to listings on the company's website.
Delta CEO urges Washington to increase FAA funding after 'unacceptable' outage
An outage of a pilot safety alert system prompted a nationwide flight halt this week.
Nearly 250,000 kindergartners in U.S. are vulnerable to measles due to slide in vaccination rates, CDC says
CDC officials said disruptions to schools and health-care during the Covid pandemic are largely responsible for the decline in vaccination rates.
WWE's smaller rival AEW interested in merger, sources say
WWE rival AEW is owned by the Khan family, which also owns the NFL's Jacksonville Jaguars.
Delta curbs employee access to luxury airport lounges as it struggles with crowding
Delta said employees traveling on their company travel perks can't use its airport Sky Clubs.
Porsche sees small uptick in global sales despite big drop in Taycan EV
Porsche said a 16% drop in global sales of its electric Taycan were "due to supply chain bottlenecks and limited component availability."
GOP Rep. George Santos vows to serve out his full term as more Republicans push him to resign
Santos, a freshman GOP lawmaker from New York, has come under fire after admitting he lied about parts of his background.
Meta sues Voyager Labs, saying it created fake accounts to scrape user data
Meta alleged that Voyager Labs was improperly creating fake accounts and scaping user data.
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