An American Airlines 787 is loaded with cargo at Philadelphia International Airport.Leslie Josephs/CNBCMore companies are warning that a surge in the cost of fuel and employee pay hikes will eat into profits this quarter.Companies from aerospace manufacturers to package delivery giant UPS are digesting big new labor deals. Meanwhile,...
A woman walks by a smoke shop in New York City that displays a marijuana leaf in the window, June 16, 2023.Spencer Platt | Getty Images News | Getty ImagesCoss Marte's marijuana dispensary in lower Manhattan has already cost him over $1 million, and it's not even open yet.He...
A "For Rent" sign is seen outside an apartment building in the East Village neighborhood of New York, July 12, 2022.Gabby Jones | Bloomberg | Getty ImagesManhattan renters may have reached their "affordability threshold" in August, as median rents remained at a record high, according to a new report.The...
On site at the 2023 edition of the World Satellite Business Week conference in Paris, France.Michael Sheetz | CNBCCNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC's Michael Sheetz reports and curates the latest news, investor updates...
Striking Writers Guild of America members walk the picket line in front of Netflix offices in Los Angeles, July 12, 2023.Mike Blake | ReutersCheck out the companies making headlines in midday trading:Visa — The credit card behemoth's stock was trading more than 2% lower after announcing plans to change...
Workers prepare apples and avocados inside a Sweetgreen Inc. restaurant.Adam Glanzman | Bloomberg | Getty ImagesTen Sweetgreen employees are suing the salad chain, alleging racial discrimination at seven of its New York City restaurants.The lawsuit, filed Thursday in New York Supreme Court in the Bronx, alleges that the plaintiffs'...
When the Philadelphia Eagles kick off their home opener on Thursday Night Football, the NFL team will also start a new sponsorship deal with Gran Coramino, the luxury tequila brand co-founded by comedian, entrepreneur and Philadelphia native Kevin Hart."It's a big deal! To be in partnership with the Eagles...
