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17

Open seating no more? Southwest CEO says airline is weighing cabin changes

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Southwest stands apart from other large airlines because it does not have seat assignments.

Dow drops more than 600 points on inflation and growth concerns, heads for biggest drop of the year: Live updates

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Stocks fell sharply Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.

Supreme Court hears Trump immunity arguments in election interference case

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Donald Trump was not at the Supreme Court to hear the immunity arguments because he was required to attend his New York criminal hush money trial.

Meta tumbles 12% on weak revenue forecast and Zuckerberg's comments on spending

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Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.

David Pecker believed Trump would pay him back for buying Playboy model affair story: Live updates

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The New York criminal trial of Donald Trump resumed with testimony from former National Enquirer publisher David Pecker.

Honda to build $11 billion electric vehicle hub in Canada

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Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada to create a "comprehensive EV value chain," the Japanese automaker announced.

CNBC's Inside India newsletter: A $270 billion gamble on green?

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Latest on the elections and some stock-picking tips that tie in with the nationwide vote and we also look at the upcoming T20 Cricket World Cup.

36-year-old makes $37,000 a year leading Dungeons & Dragons games: If 'you're doing it anyway, you might as well' get paid

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Mari Murdock never thought she'd get paid to run tabletop RPGs, but now it's her main source of income.

Turkey is the latest country to launch a digital nomad visa—find out if you qualify and where to apply

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Applicants must have an income of at least $36,000 USD a year or $3,000 a month.

16

BlackRock wants to make it easier to get paycheck-like income from your retirement savings

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One of Americans' biggest retirement fears is running out of money. BlackRock hopes a new way to take paycheck-like withdrawals from investments may help.

Teamsters union endorses activist Ancora in Norfolk Southern proxy fight

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The activist at Norfolk Southern won support of the Teamsters union, a key endorsement as Ancora seeks to convince shareholders their plan is the right option.

As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds

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To cover the rising cost of college, most families take out student loans. Incoming freshmen may have $37,000 in debt by graduation, a new report finds.

Jim Cramer's top 10 things to watch in the stock market Thursday

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Wall Street is looking lower, especially the Nasdaq on Meta Platforms' earnings-driven 15% slide and higher inflation data.

GDP growth slowed to a 1.6% rate in the first quarter, well below expectations

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Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.

Oil prices pull back as U.S. economic growth disappoints

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Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.

15

Deutsche Bank shares up 7% after first-quarter profit beat, investment banking recovery

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Deutsche Bank reported first-quarter earnings on Thursday.

Biden promise to rival China on shipbuilding faces a big economic problem

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President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.

Don't believe these money misconceptions: 3 things to know that can help improve your finances

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Many people believe common misconceptions about managing their money. Here's what you need to know to improve your personal finances.

14

American Airlines swings to a loss, but tops estimates for Q2 forecast

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American Airlines swung to a loss in the first quarter but its forecast for the current period surpassed analysts' estimates.

Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss

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Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.

Venice residents clash with riot police as city launches world’s first tourist entry fee

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The pilot program means day-trippers to Venice, one of Italy's most picturesque and historic cities, will need to pay a charge of 5 euros ($5.4).

Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025

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Southwest Airlines is one of Boeing's biggest customers and flies only 737s.

Comcast beats earnings estimates even as it sheds more broadband subscribers

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Comcast will report first-quarter earnings before the bell. Wall Street will be paying attention to broadband and Peacock subscriber numbers.

Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

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Beleaguered seafood chain Red Lobster is looking for a buyer to avoid filing for bankruptcy as it contends with slower sales and costly leases.

13

Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales

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The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.

Many large U.S. cities are in deep financial trouble. Here's why

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Many U.S. cities are facing substantial financial challenges as inflation lingers and pandemic-era stimulus dries up.

12

BHP makes $39 billion bid for Anglo American in mining mega play

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Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).

11

Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul

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Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.

Inflation, operating costs had the biggest impact on Asian firms last year, survey shows

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Higher costs had the biggest impact on Asian businesses in 2023, even as they grappled with a global slowdown and rising interest rates, a survey by UOB showed.

09

Xpeng's Gu says robotaxis won’t be a real business for at least five years

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Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.