JetBlue posts quarterly loss but forecasts profit thanks to strong travel demand
JetBlue posted a loss for the first three months of the year but forecast a profit for the second quarter thanks to strong travel demand.
CNBC US News
Japanese ispace moon landing attempt falls short at 'very end,' CEO says
Japanese company ispace aimed to be the first private enterprise to land on the moon, but lost communication and is investigating the attempt's result.
Gap will cut more than 500 workers in latest layoffs, as struggling retailer tries to reduce costs
Gap will lay off more than 500 employees in its latest round of job cuts as the apparel retailer looks to reduce costs and get back to profitability.
Cruise robotaxis now run all day in San Francisco, with public access after 10 p.m.
GM-owned Cruise's announcement is one more step towards broader commercial deployment of an autonomous alternative to ride-hailing services like Uber or Lyft
These private and public colleges top the list for most generous financial aid
These are the top public and private colleges offering the most generous financial aid packages, according to The Princeton Review.
Biogen isn't concerned about competing with Eli Lilly in the Alzheimer’s drug space, CEO says
Biogen CEO Christopher Viehbacher said during an earnings call that Eli Lilly needs to consider maintenance doses its Alzheimer's treatment donanemab.
FDA grants accelerated approval for Biogen ALS drug that treats rare form of the disease
The FDA's approval requires Biogen to further study its ALS drug tofersen to further verify its clinical benefits.
U.S. regulators warn they already have the power to go after A.I. bias — and they're ready to use it
Four federal U.S. agencies issued a warning on Tuesday that they already have the authority to tackle harms caused by AI bias.
GM to end production of electric Chevy Bolt, its first mass-market EV, later this year
The Chevy Bolt EV and EUV, a larger version of the car, make up the vast majority of the company's electric vehicle sales to date.
Nvidia has a new way to prevent A.I. chatbots from 'hallucinating' wrong facts
The announcement highlights Nvidia's strategy to maintain its lead in AI chips by simultaneously developing critical software for machine learning.
How the U.S. built a junk fee economy
Americans are collectively spending nearly $65 billion on junk fees, according to the White House.
People are using A.I. chatbots to write Amazon reviews
CNBC found several reviews for Amazon products that began with the phrase "As an AI language model," a phrase often generated by OpenAI's ChatGPT.
McDonald's diners are pushing back against price increases in some markets, CEO says
Consumer companies like McDonald's, PepsiCo and Coca-Cola are reporting mixed reactions to higher prices during the first quarter.
McDonald's earnings beat estimates as U.S. traffic grows despite price hikes
Shares of McDonald's have risen 11% this year, giving it a market value of $214 billion.
Travel recovery boosts jet engine units at GE and Raytheon
The engine sales increase comes as Boeing and Airbus are trying to boost aircraft production.
General Motors raises 2023 guidance as first-quarter earnings beat expectations
General Motors on Tuesday raised key guidance for 2023 after reporting first-quarter results that topped Wall Street's top- and bottom-line forecasts.
Biden launches 2024 reelection campaign, promising to fulfill economic policy vision
Biden will seek to extend his streak as the oldest person to sit in the Oval Office. He would be 82 on Inauguration Day 2025 if re-elected.
Georgia DA probing Trump says she will announce charging decisions during summer
Donald Trump and his allies had urged Georgia officials to "find" him enough votes to overturn Joe Biden's victory in the state.
Amazon delivery drivers in Southern California join Teamsters union
Delivery drivers at an Amazon facility in Southern California have joined the Teamsters union.
Microsoft-backed tech group pushes for A.I. regulation: Here's what it's suggesting
"We're an industry group that wants Congress to pass this legislation," said Craig Albright, vice president of U.S. government relations at BSA.
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