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Frontier Airlines replaces CEO Barry Biffle with carrier’s president

by CNBC Markets | December 16, 2025 4:05 am | US Markets

Frontier Airlines is replacing its CEO, Barry Biffle, with the carrier’s president.

Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin

by CNBC Markets | December 16, 2025 3:06 am | US Markets

Tesla CEO Elon Musk said in a social media post that his company is testing driverless cars in Austin without a safety driver in the vehicle.

Pentagon takes big stake in new Korea Zinc smelter in Tennessee, will get 10% of company

by CNBC Markets | December 16, 2025 3:06 am | US Markets

The U.S. government is ramping up its investment in critical minerals partnerships not reliant on China.

Baron Capital rolls out five active ETFs, SpaceX becomes the firm’s biggest investment

by CNBC Markets | December 16, 2025 3:05 am | US Markets

Baron said SpaceX has exceeded Tesla to become his firm’s largest investment with about $10 billion invested.

Ford to record $19.5 billion in special charges related to EV pullback

by CNBC Markets | December 16, 2025 3:05 am | US Markets

The charges are related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, Ford announced Monday.

New Trump tariffs collection hits $200 billion, Customs says

by CNBC Markets | December 16, 2025 3:04 am | US Markets

President Donald Trump this year unilaterally imposed, without congressional authorization, what he calls reciprocal tariffs and fentanyl tariffs on imports.

Zillow shares are getting crushed. Here’s why

by CNBC Markets | December 16, 2025 2:06 am | US Markets

Zillow shares fell more than 11% on Monday as investors grew concerned that Google could be testing real estate listings on its search page.

Former iRobot CEO calls Roomba maker’s bankruptcy ‘a tragedy for consumers’

by CNBC Markets | December 16, 2025 2:06 am | US Markets

The company’s bankruptcy comes after Amazon abandoned its planned acquisition of iRobot in 2024 due to mounting regulatory scrutiny.

AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide

by CNBC Markets | December 16, 2025 2:05 am | US Markets

In at least one corner of the AI market, sentiment has turned decidedly negative.

Former Instacart employee says she was fired over her Democratic congressional campaign

by CNBC Markets | December 16, 2025 2:05 am | US Markets

The fired employee’s lawyers say Instacart’s actions align with how corporate America has sought to curry favor with the Trump administration.

Ukraine peace talks progressing, Russia open to EU membership, U.S. officials say

by CNBC Markets | December 16, 2025 1:04 am | US Markets

The war in Ukraine began nearly four years ago, when Russia invaded at the direction of its leader, Vladimir Putin.

New York AG sues UPS for allegedly shorting Christmas season workers’ wages

by CNBC Markets | December 16, 2025 12:06 am | US Markets

“UPS has played the Grinch,” New York Attorney General Letitia James said in a new lawsuit accusing the company of shorting seasonal workers on their pay.

Trump admin to hire 1,000 specialists for ‘Tech Force’ to build AI, finance projects

by CNBC Markets | December 15, 2025 11:16 pm | US Markets

A slew of tech giants, including Amazon Web Services, Apple, Google Public Sector, Dell Technologies, Microsoft, Nvidia and OpenAI, are listed as partners.

Trump slams Rob Reiner after killing; director’s son Nick in custody

by CNBC Markets | December 15, 2025 10:03 pm | US Markets

Rob Reiner was a staunch Trump critic, recently saying, “we have a year before this country becomes a full-on autocracy, and democracy completely leaves us.”

Hassett’s Fed chair candidacy received pushback from high-level people close to Trump, sources say

by CNBC Markets | December 15, 2025 9:11 pm | US Markets

There’s concern that the National Economic Council director is too close to the president.

BofA’s Savita Subramanian says the S&P 500 will rise to 7,100 in 2026, the most bearish forecast on the Street thus far

by CNBC Markets | December 15, 2025 9:11 pm | US Markets

The head of U.S. equity and quantitative strategy’s target implies just a 4% rise from current levels.

Stocks jump in broad advance as investors bet data this week will show strong economy, tame inflation: Live updates

by CNBC Markets | December 15, 2025 8:11 pm | US Markets

Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic activity.

High cost of goods is causing consumers to spend less for the holidays, CNBC survey finds

by CNBC Markets | December 15, 2025 7:03 pm | US Markets

The latest CNBC All-America Economic Survey found the “high cost of goods” has emerged as a major factor affecting how much shoppers spend and where they spend.

FDA approved a $250,000 Singapore work trip during government shutdown, records show

by CNBC Markets | December 15, 2025 7:02 pm | US Markets

The FDA sent 31 staffers to a Singapore conference during the shutdown, records show, raising questions of optics, spending and the agency’s strained resources.

Roomba maker iRobot files for bankruptcy, pursues manufacturer buyout

by CNBC Markets | December 15, 2025 7:01 pm | US Markets

iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics.
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