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Business

Warren Buffett explains his $750 million charitable donation on Thanksgiving eve

Warren BuffettGerard Miller | CNBCWarren Buffett donated more than $750 million in Berkshire Hathaway stock to four foundations associated with his family on Thanksgiving eve,...
Business

Retailers’ biggest holiday wish is to get rid of all that excess inventory

A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California.Allison Dinner | Getty ImagesAs...
Business

Why investors have jumped off the Carvana bandwagon

Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCDETROIT – Last year, Carvana CEO and cofounder Ernie Garcia went on a victory lap.He touted the...
Business

United adds new trans-Atlantic flights for summer 2023 in bet on travel recovery

Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport.Massimo Insabato | Mondadori Portfolio | Getty ImagesUnited Airlines is planning another big...
Business

American Airlines raises third-quarter revenue forecast

American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBCAmerican Airlines said Tuesday that its third-quarter sales likely came...
Business

Air cargo rates slump but some companies see long-term strength

The cost of shipping air freight around the world is slumping, but some companies say the world's shift to flying goods around the...
Business

JetBlue, American Airlines go to court in Justice Department antitrust fight

An American Airlines plane lands on a runway near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020...
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