Nordstrom shares jump 9% on report retailer is trying to go private
Nordstrom shares closed 9% higher on Tuesday following a report that the department store chain is attempting to go private.…
Yellen touts electric vehicle ‘boom’ as automakers tone down hype
Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden’s investment in electric vehicles for accelerating the sector, even as…
Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz’s Trian Partners
JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David…
Citadel’s Ken Griffin says the Fed shouldn’t cut too quickly, citing big tailwinds supporting inflation
Ken Griffin, Citadel founder and CEO, thinks the Federal Reserve should move slowly to cut interest rates in its fight against…
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
Consumer spending bounced back in February from a January dip, with a little help from leap day. But sales still…
Why Amtrak is attempting to revive the Texas Central bullet train
The U.S., despite decades of research and studies, remains without authentic high-speed rail options. Since 1987, investors have attempted to…
DOJ opens investigation into Alaska Airlines incident of door panel blowing out midair, WSJ says
The Justice Department has started a criminal investigation into the Alaska Airlines incident where a door panel blew out mid-air…
President Biden signs $460 billion spending bill to avert a partial government shutdown
President Joe Biden on Saturday signed a $460 billion spending bill into law, averting a partial government shutdown that would…
Three dead in first fatal Houthi attack in the Red Sea
Three people were killed in a Houthi attack against a civilian merchant ship, U.S. authorities said, marking the first lives…
