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September 30, 2020
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CNBC Business

Treasury Department could upsize airline loans as Delta, Southwest opt out, freeing up funds

CNBC
CNBC – For more and to sign up click here A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, U.S., April 5, 2020. Joshua Roberts | Reuters The Treasury Department on......
CNBC Business

United eyes return to JFK next year after a more than 5-year absence

CNBC
CNBC – For more and to sign up click here A United Airlines Boeing 737-800 and United Airlines A320 Airbus on seen approach to San Francisco International Airport, San Francisco. Louis Nastro | Reuters United Airlines is planning to resume service at New York’s John F. Kennedy International Airport in 2021,......
CNBC Business

GM extends talks on $2 billion deal with Nikola after fraud, sexual assault allegations surface against Trevor Milton

CNBC
CNBC – For more and to sign up click here GM extends talks on $2 billion deal with Nikola after fraud, sexual assault allegations surface against Trevor Milton SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

Two women file sexual abuse complaints against Nikola founder Trevor Milton

CNBC
CNBC – For more and to sign up click here Two women have come forward with formal sexual assault allegations against Nikola founder Trevor Milton, accusing the 38-year-old billionaire in complaints filed with Utah authorities of sexual abuse when both women were 15 years old. The accusations, stretching back more......
CNBC Business

Elon Musk says he likely will take Starlink satellite internet service public in ‘several years’

CNBC
CNBC – For more and to sign up click here A Starlink user terminal, which would connect consumers to the company’s satellite internet service. SpaceX SpaceX CEO Elon Musk on Monday reiterated the likelihood that his private space company will likely take its Starlink satellite internet service public in the coming......
CNBC Business

Virgin Galactic jumps 25% in its second best day ever after getting Wall Street’s full endorsement

CNBC
CNBC – For more and to sign up click here Sir Richard Branson poses on floor of New York Stock Exchange (NYSE) with Future Virgin Galactic space traveller Jennifer Rallison from Canada as Virgin Galactic (SPCE) began public trading in New York, October 28, 2019. Brendan McDermid | Reuters Shares......
CNBC Business

Elon Musk: Tesla may be overvalued today, but I think it’ll be worth more in 5 years

CNBC
CNBC – For more and to sign up click here Tesla’s stock has already risen more than 400% this year, but CEO Elon Musk said he thinks the company “will be worth more in five years” in an interview with Kara Swisher for a New York Times podcast. “Some critical mass......
CNBC Business

United, pilots agree on schedule reductions to avoid nearly 3,000 furloughs

CNBC
CNBC – For more and to sign up click here United, pilots agree on plan to avoid nearly 3,000 furloughs SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

Uber wins legal fight to regain London license

CNBC
CNBC – For more and to sign up click here A man holding up a smartphone with the Uber transport app visible on screen, while taxis queue in the background, on June 4, 2019. (Photo by Olly Curtis/Future via Getty Images) Olly Curtis | Future | Getty Images Uber won......
CNBC Business

Chinese electric car start-up Xpeng shows off new flying vehicle 

CNBC
CNBC – For more and to sign up click here Electric vehicle start-up Xpeng unveiled its first generation prototype for a flying vehicle at the Beijing Auto Show on Sept. 26, 2020. Evelyn Cheng BEIJING — Alibaba-backed Xpeng is putting money into flying car technology as part of the company’s......
CNBC Business

These companies are returning more money to shareholders after cutting jobs

CNBC
CNBC – For more and to sign up click here These companies are returning money to shareholders after cutting jobs SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

Hydrogen-powered passenger plane completes maiden flight in ‘world first’

CNBC
CNBC – For more and to sign up click here Hydrogen powered plane. Source: ZeroAvia A hydrogen fuel-cell plane that’s capable of carrying passengers completed its maiden flight this week, in another step forward for low and zero-emission flight.   ZeroAvia’s six-seater Piper M-class aircraft — which has been retrofitted......
CNBC - Real Estate

‘We have seen the economy start to pick up,’ says incoming CEO of Warren Buffett’s railroad

CNBC Real Estate
Katie Farmer, incoming CEO of BNSF Railway, told CNBC on Friday that her industry has clearly been impacted economically by the coronavirus pandemic, but there’s optimism on the horizon. “We have seen the economy start to pick up relative to rail loadings,” Farmer told “Squawk Box.” While BNSF, owned by Warren......
CNBC Business

United to offer Hawaii-bound passengers coronavirus tests, a possible blueprint for flights abroad

CNBC
CNBC – For more and to sign up click here United Airlines to offer Hawaii-bound passengers rapid virus tests SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

United turns to interactive Google maps to help travelers unsure of where to go in coronavirus era

CNBC
CNBC – For more and to sign up click here United Airlines is turning to a Google-powered interactive maps to help still-scarce travelers find destinations that fit the coronavirus era. The map, which launched on United’s website Wednesday, allows travelers to punch in the most they want to spend on a......

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