NBA suspends Clippers owner Ballmer for one year in Kawhi Leonard salary cap probe
Owner Steve Ballmer of the Los Angeles Clippers looks on during the game against the Detroit Pistons at Intuit Dome on Dec. 28, 2025 in Inglewood, California. Katelyn Mulcahy | Getty Images The NBA on Wednesday said it had suspended Los Angeles Clippers owner Steve Ballmer for one year as part of a broad array […]
Southwest to debut airport lounges in four cities, with more to come
Southwest Airlines planes get ready to take off from Denver International Airport in Colorado on Nov. 6, 2025. Rj Sangosti | MediaNews Group | The Denver Post | Getty Images Southwest Airlines on Wednesday unveiled plans for its network of airport lounges that it’s been hinting at for months. The carrier said its first lounges […]
Ford sales fall 10.3% in August as it ramps up F-Series production
Ford F-150 trucks are assembled at the Ford River Rouge Complex on Jan. 13, 2026 in Dearborn, Michigan. Anna Moneymaker | Getty Images DETROIT — Ford Motor is increasing production of its crucial F-Series trucks after fires at an aluminum supplier severely impacted output over the past year. The automaker confirmed Wednesday to CNBC that […]
American Airlines redesigns Boeing planes in premium push
American Airlines seat in its Flagship Suite. Courtesy: American Airlines American Airlines is expanding its push into premium travel on its largest planes. The carrier on Wednesday launched its first retrofitted Boeing 777-300ER, which it uses for its most popular long-haul international flights, including routes to London, Tokyo and Sydney. The new layout on the […]
Stan Kroenke buys controlling stake in MLB’s Los Angeles Angels
Owner Stan Kroenke of the Denver Nuggets stands on the court before game four of the Nuggets’ NBA Playoffs series against the Minnesota Timberwolves at the Target Center in Minneapolis, Minnesota on Saturday, April 25, 2026. Aaron Ontiveroz | Denver Post | Getty Images Stan Kroenke has added a Major League Baseball team to his […]
University student housing: How one investor is playing the school year
Aerial over the University of North Carolina-Chapel Hill Ryan Herron | Istock | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors […]
Toyota’s hybrid RAV4 is in demand as dealers wait for more supply
Toyota Motor has a rare problem for an automaker: There is so much demand for its new RAV4 and the inventory is so limited that dealers only have a few days’ supply. “It is really unusual to see cars fly off the dealers’ lots like this,” said Jessica Caldwell, head of product insight at Edmunds. […]
TikTok, Whatnot livestream shopping gains steam in the U.S.
From a warehouse just north of Chicago, Sarah Potempa – celebrity hairstylist and CEO of the viral Beachwaver hair curling iron – keeps thousands of viewers hooked for hours selling products on TikTok live. This kind of livestream shopping, which has boomed in China over the past decade, is building momentum in the U.S. thanks […]
OneRail launches new AI platform with Nvidia for retailer delivery
Logistics company OneRail is launching a platform using Nvidia‘s artificial intelligence software to help retailers make faster decisions on the most efficient delivery options at scale, CNBC has learned. The new platform, called OmniStar, allows retailers to use AI to evaluate all of their delivery options and identify the best one for each individual order, […]
Mortgage rates surge to the highest since June 2025
A jump in oil prices after renewed hostilities in the Iran war is pushing bond yields higher, and mortgage rates are following suit. The average rate on the 30-year fixed loan jumped 6 basis points on Monday to 6.87%, according to Mortgage News Daily. That is the highest level since June 2025. It’s now up […]