Twitter announced the roll-out of a "crisis misinformation policy" which will seek to suppress posts the company deems "viral misinformation." The social media platform announced the policy Thursday with an official blog post. The feature would…
JetBlue Airways Corp. plans to launch a hostile takeover attempt for discount carrier Spirit Airlines Inc., according to people familiar with the matter, after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing…
Ford is hoping its dealers sell a lot of the electric F-150 Lightning pickups that are on the way to their showrooms now, but not all of them. The automaker has set up a special program that gives…
Uber will cut back on spending and focus on becoming a leaner business to address a “seismic shift” in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC. “After earnings, I spent several days…
Merchants were charged $137.8 billion in credit and debit card swipe fees in 2021. This means the average family had to shell out an additional $900 each year on items due to higher swipe fees even…
Boeing Co. is expected to move its headquarters to Arlington, Va. from Chicago, people familiar with the matter said, a shift that would place the aerospace company's senior executives closer to key government decision makers in the nation's…
Initially hostile to the idea of Tesla CEO Elon Musk taking over Twitter, the company is reportedly warming up to the idea after the billionaire said last week he had secured the necessary $43 billion in funding. Sources…
U.S.-based multinational financial institution JPMorgan Chase & Co. has announced it will lift its ban on hiring individuals due to their unvaccinated status against COVID-19. In a memo obtained by Bloomberg News, JPMorgan said it will also…
After American automaker Ford announced it was halting its joint-venture operations in Russia, president and CEO Jim Farley said Wednesday the company is going all-in on the U.S.A. on "Varney & Co." "We bet on the United States," Farley told…
The price of lumber is chipping away at an already "dire" housing market scenario, home builders warn. "If people aren’t listening now, the dire predictions that we've been making appear to be coming true," National Association…