Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal

Allegiant to buy rival budget airline Sun Country in .5 billion cash and stock deal

An Allegiant Airlines jet flies out of Las Vegas Airport. Nick Potts | Getty Images Allegiant Travel said Sunday it is acquiring fellow leisure carrier Sun Country in a $1.5 billion cash and stock deal, including debt, a plan that comes as budget airlines in the U.S. have faced a surge in costs following the … Read more

Boeing’s airplane deliveries are the highest in 7 years. Now it’s about to pick up the pace

Boeing’s airplane deliveries are the highest in 7 years. Now it’s about to pick up the pace

A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing is set to report this week that it delivered the most airplanes since 2018 last year after it stabilized its production, the clearest sign of a turnaround … Read more

Inside GM’s new world headquarters: Modernized midcentury designs with artifacts, surprises from the American icon

Inside GM’s new world headquarters: Modernized midcentury designs with artifacts, surprises from the American icon

A 1963 Chevrolet K20 pickup truck and a new Chevrolet Silverado EV sit outside General Motors’ new world headquarters on Jan. 6, 2026 in Detroit. Michael Wayland | CNBC DETROIT – Outside General Motors‘ new world headquarters, between the 12-story building and the city’s first new skyscraper in more than 30 years, sit two red … Read more

2026 is the year of obesity pills. Here’s how they could reshape the GLP-1 market

2026 is the year of obesity pills. Here’s how they could reshape the GLP-1 market

The booming GLP-1 space was built on weekly injections. In 2026, new obesity pills will push the market into its next chapter. Patients are already getting their hands on the first GLP-1 pill for obesity from Danish drugmaker Novo Nordisk — a once-daily drug that shares the same brand name as its popular injection Wegovy. … Read more

Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds

Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of 0 billion in mortgage bonds

Mortgage rates fell sharply on Friday, a day after President Donald Trump said on social media that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. “This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he said … Read more

Trump will use other tariff authorities to get to ‘same place’ if Supreme Court rules against him: Hassett

Trump will use other tariff authorities to get to ‘same place’ if Supreme Court rules against him: Hassett

National Economic Council Director Kevin Hassett said Friday that the White House could deploy alternative measures if the Supreme Court rules against President Donald Trump’s use of emergency powers to impose sweeping levies. “There was a big call last night with all the principals to talk about if the Supreme Court were to rule against … Read more

Ford enters race to offer eyes-off driving tech, starting with $30,000 EV in 2028

Ford enters race to offer eyes-off driving tech, starting with ,000 EV in 2028

Jim Farley, president and chief executive officer of Ford, speaks at the Ford Motor Co.’s Kentucky Truck Plant to launch the 2025 Ford Expedition, in Louisville, Kentucky, April 30, 2025. Carolyn Kaster | AP Ford Motor plans to introduce eyes-off driving technology on an upcoming $30,000 all-electric vehicle in 2028, the Detroit automaker announced Wednesday. … Read more

U.S. seizes Venezuela-linked, Russian-flagged oil tanker after weeks-long pursuit

U.S. seizes Venezuela-linked, Russian-flagged oil tanker after weeks-long pursuit

The U.S. ⁠seized a Russian-flagged oil tanker that was being shadowed by a Russian submarine on Wednesday, after pursuing it for more than two weeks across the Atlantic as part of Washington’s efforts to block Venezuelan oil exports, U.S. officials ‍said. This appeared to be the first time in recent ‍memory that the U.S. military … Read more

Airlines restore Caribbean flights after U.S. lifts airspace restrictions tied to Venezuela strikes

Airlines restore Caribbean flights after U.S. lifts airspace restrictions tied to Venezuela strikes

Passengers wait at Luis Munoz Marin International Airport as all flights are cancelled following US military action in Venezuela, on January 3, 2026, in Carolina, Puerto Rico. Miguel J. Rodriguez Carrillo | Afp | Getty Images United Airlines, Delta Air Lines and other carriers began restoring flights to Puerto Rico and other parts of the … Read more

Airlines cancel dozens of Caribbean flights after U.S. attacks on Venezuela

Airlines cancel dozens of Caribbean flights after U.S. attacks on Venezuela

Passengers sleep on the floor, after flights were delayed and cancelled when the airspace was closed due to U.S. strikes on Venezuela overnight, at Rafael Hernandez International Airport in Aguadilla, Puerto Rico. REUTERS/Ricardo Arduengo Airlines canceled flights throughout the Caribbean on Saturday following U.S. strikes on Venezuela after the Federal Aviation Administration ordered commercial aircraft to avoid airspace in parts … Read more