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Spirit Airlines hasn’t flown since May, when the discount carrier announced an “orderly wind-down of operations” as part of bankruptcy proceedings. But the grounded airline might be set for a multimillion-dollar payout from a newly valuable asset: the sale of its corporate data, including internal wikis, emails, source code, and spreadsheets that can be used…
“You’ll have to trust me when I tell you that she had love, support and opportunities.”
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are headed for a positive finish on Friday, but it’s been a tough week for stocks overall. While the healthcare, energy and materials sectors posted…
In C.S. v. R.H.,1 a case of first impression in New York, the court determined that the entire value of assets held in an irrevocable trust created during the marriage was includible in the value of the marital estate available for equitable distribution between the parties. The court found that it was compelled: … to…
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Edmund Reese | Aon Edmund Reese has stepped down as finance chief and EVP of Aon after two years in the role “to pursue opportunities outside the firm,” the company said in a Monday press release. Before…
CoreWeave (CRWV -0.42%) and Nebius (NBIS +1.45%) are two of the most popular picks in the artificial intelligence (AI) cloud infrastructure space. So far, they’ve been strong stock picks in 2026, with CoreWeave rising about 30% and Nebius nearly tripling, at a 196% gain. While Nebius has clearly been the better performer so far this…
The U.S. military has helped tankers transport more than 660 million barrels of crude oil through the Strait of Hormuz since early May, Central Command told CNBC this week. The military has assisted about 1,300 commercial vessels sail through Hormuz over the same period, said U.S. Navy Capt. Tim Hawkins, a Central Command spokesperson, in…
Kathy King Kathy King has rejoined the Association of International Certified Professional Accountants as vice president of communications & reputation. Based in Washington, D.C., King will lead the association’s global communications and reputation efforts. Her most recent role was with the National Association of Corporate Directors, but before that she served as the AICPA’s senior…
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Buy now, pay later brought another credit option to stressed budgets, with a model that typically settles an installment loan in four consecutive monthly payments. With a relatively low threshold for credit underwriting, BNPL has become a significant lending vehicle. The Federal Reserve estimates the market at $160 billion per year, according to the New…