Business news

Business news • Apr 16

FAA reducing scheduled flights at Chicago O'Hare International Airport this summer for concerns over safety, cancellation rates

The FAA announced it is reducing scheduled flights at Chicago O'Hare International Airport this summer over safety and cancellation concerns.

15 0 0

Business news • Apr 16

Ted Sarandos Insists “No Palace Intrigue” Over Reed Hastings’ Netflix Exit & WBD Bid: “Reed Was A Big Champion For That Deal”

If anyone was looking for sharp elbows at Netflix between the now exiting Reed Hastings & his successors over the abandoned WB bid, Ted Sarandos has bad...

12 0 0

Business news • Apr 16

Peptides may soon be easier to get amid RFK Jr's push, but experts warn of risks

The FDA will reportedly weigh easing restrictions on more than a half dozen peptide injections at an anticipated July meeting, according to the Associated...

17 0 0

Business news • Apr 16

Reed Hastings Will Leave Netflix as Board Chairman

Reed Hastings, who transformed Netflix from a scrappy DVD subscription service into a globe-spanning Hollywood colossus, will step down in June from the...

17 0 0

Business news • Apr 16

Netflix cofounder Hastings to step down after it lost Warner Bros deal

Netflix Chairman Reed Hastings is leaving the streaming service he cofounded 29 years ago as the company regains its footing after it lost its $72bn deal...

16 0 0

Business news • Apr 16

Pentagon Seeks Help From Ford and G.M.

Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing...

15 0 0

Business news • Apr 16

FAA reveals summer flight caps for O’Hare

The flight caps will be in place from May 17 through October 24.

15 0 0

Business news • Apr 16

FAA orders Chicago O'Hare International Airport to cut over 300 planned flights daily between May and October

The FAA is ordering flight reductions at Chicago O'Hare International Airport of more than 300 trips per day over the busy summer travel season.

15 0 0

Business news • Apr 16

Chip Foundry TSMC Beats First-Quarter Targets, Guides Up

Taiwan Semiconductor Manufacturing (TSM) on Thursday beat Wall Street's targets for the first quarter and guided higher than views for the current period.

15 0 0

Business news • Apr 16

Fuel surge threatens Spirit Airlines bankruptcy exit, raises liquidation risk

CHICAGO/NEW YORK, April 16 (Reuters) - Spirit Airlines' bankruptcy exit plan is under renewed pressure after a ​sharp rise in jet fuel prices undermined key...

16 0 0

Business news • Apr 16

Netflix chairman and co-founder to step down from board in June

Netflix co-founder and executive chairman Reed Hastings will not seek re-election to the company's board of directors once his term expires,...

18 0 0

Business news • Apr 16

Stock Market Today: Nasdaq, S&P 500 Mark New Highs; These Truck Stocks Clear Entries (Live Coverage)

Stock Market Today: The Dow Jones index ends Thursday's choppy trading session higher. AMD breaks out. TSMC falls.

12 0 0

Business news • Apr 16

Netflix co-founder Reed Hastings to leave the company, marking the end of an era

Netflix co-founder Reed Hastings will leave the company's board in June to focus on philanthropy and other efforts, the streaming company said Thursday.

12 0 0

Business news • Apr 16

Netflix Q1 Revenue And Earnings Beat Street Expectations, But Shares Still Plunge

Netflix topped Wall Street expectations for earnings and revenue in the first quarter of 2026, but its stock still took a dive after hours.

15 0 0

Business news • Apr 16

Netflix Earnings Forecast Misses, Reed Hastings Steps Down

Netflix Inc. gave a forecast for the second quarter that fell short of analysts' expectations, sending the shares tumbling in extended trading.

14 0 0

Business news • Apr 16

Jet fuel supplies are lagging. What does that mean for airlines and travelers?

A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel...

13 0 0

Business news • Apr 16

Allbirds Stock Now Crashing as Reality Sets in About Its Delusional AI Pivot

The mad scrabble to get in on the latest AI startup — struggling shoe company Allbirds — has since come to a "screeching halt."

12 0 0

Business news • Apr 16

Europe has 'maybe six weeks of jet fuel left', energy boss warns

Flights could soon be cancelled if supplies from the Gulf remain blocked, says the International Energy Agency.

11 0 0

Business news • Apr 16

Ad firms settle with Trump FTC over claims they boycotted conservative media

The Federal Trade Commission pressured three advertising firms into settlements that will likely result in more ad spending on conservative media platforms.

12 0 0

Business news • Apr 16

A fuel shortage could disrupt your international flight

With no certain plan to reopen the Strait of Hormuz, airlines and industry experts warn it could be a tough summer for travel as jet fuel runs low.

12 0 0