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."
CNBC Business
U.S. Chamber of Commerce threatens to sue the FTC over proposed ban on noncompete clauses
The U.S. Chamber of Commerce, which has curried the favor of Republican lawmakers, said it will sue the FTC if it pursues a ban on noncompete clauses.
Nelson Peltz's attempt to join Disney's board could force much-needed accountability
Activist investor Nelson Peltz makes a strong case that Disney has underperformed as a result of poor management and governance decisions.
Disney board exposed itself to activist intervention, but Peltz may be overreaching
Activist investor Nelson Peltz wants a Disney board seat, but his argument should be focused on succession planning rather than stock performance.
Flight disruptions ease after FAA outage but questions linger about system outage
More than 400 U.S. flights were delayed on Thursday following an FAA ground stop that delayed thousands of flights.
American Airlines shares jump nearly 10% after airline hikes revenue and profit outlook
Strong demand and high fares lifted American Airlines fourth-quarter revenue.
Nelson Peltz lays out his case for Disney proxy fight, slams Fox acquisition
Disney will be facing Nelson Peltz's Trian Fund Management in a proxy fight.
Tax season opens for individual filers on Jan. 23, says IRS
The IRS will start accepting 2022 tax returns for individual filers on Jan. 23, the agency announced Thursday.
2022 was one of the 10 hottest years and a record La Niña year
2022 had a La Niña weather pattern, which generally lowers global temperatures compared to what they would have been normally.
HBO Max raises price for ad-free service for the first time since it launched
Warner Bros. Discovery is increasing the price of ad-free HBO Max to $15.99 from $14.99, the first hike since the streaming service was launched in 2020.
Investing in Space: Digital orbital danger
Cybersecurity company SpiderOak raised $16.4 million in an oversubscribed round in a space data encryption push.
Walmart strikes a deal with Salesforce to sell more of its tech to other retailers
Walmart has used its reach and e-commerce growth to make money in new ways.
Rent the Runway to sell secondhand luxury on Amazon as it chases profitability
Rent the Runway began selling its secondhand luxury clothes Thursday on Amazon as the subscription-based startup continues to chase profitability.
After 'misery' for tax filers in 2022, IRS to start 2023 tax season stronger, taxpayer advocate says
After another challenging year for the IRS in 2022, the agency may be primed for a better 2023 tax season, according to the Taxpayer Advocate Service.
Iconic Kobe Bryant jersey up for auction, expected to fetch up to $7 million
A jersey that Kobe Bryant wore for 25 games during his MVP season is being sold at auction by Sotheby's.
5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day.
Stocks making the biggest moves premarket: Disney, American Airlines, Bed Bath & Beyond, Logitech and more
These are the stocks posting the largest moves in premarket trading Thursday.
FAA system outage disrupts thousands of flights across U.S.
U.S. flights were delayed after the Federal Aviation Administration suffered an outage of the system that sends messages to pilots.
Chinese hospital says half of its staff got Covid
About half of the nearly 2,000 workers at the Beijing Hospital of Traditional Chinese Medicine got Covid-19, director Liu Qingquan said Wednesday.
China's reopening is set to boost Hong Kong's property market as retail leads the recovery: Colliers
In light of China's reopening and easing of Covid rules, Hong Kong's property market will be on a path to recovery in 2023, according to Colliers Hong Kong.
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