Business

Four key bolts were missing from the door that blew off an Alaska Airlines plane in mid-air in January, according to a preliminary report from a US regulator. The door panel, known as a plug, had been removed to fix rivets damaged in production, the initial report said. Those bolts were removed at a Boeing

(This is CNBC Pro’s live coverage of Tuesday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A fast food giant was in focus among analysts Tuesday along with a key delivery company. BTIG lowered its rating on McDonald’s to neutral from buy following the company’s latest quarterly

An advertising agency set up by the brothers who helped propel Margaret Thatcher to power is to orchestrate efforts to persuade millions of Britons to buy shares in NatWest Group, the taxpayer-backed bank. Sky News has learnt that M&C Saatchi, whose founders in 1995 included Lord Maurice Saatchi and his brother Charles, has been appointed

(This is CNBC Pro’s live coverage of Monday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Toys and chipmakers were in focus among Monday’s biggest analyst calls. JPMorgan downgraded Mattel to neutral, citing a weaker-than-expected boost from the “Barbie” movie. Elsewhere, Goldman Sachs reiterated a buy rating

The owner of Tangle Teezer, the British hair-styling brand, has enlisted investment bankers to explore options for the company that could include an eventual sale. Sky News has learnt that Mayfair Equity Partners, the private equity backer of companies such as Ovo Energy, has hired Harris Williams to oversee a strategic review. The move comes

U.S. President Joe Biden reacts as he attends the opening of the Biden for President campaign office in Wilmington, Delaware, U.S., February 3, 2024.  Joshua Roberts | Reuters President Joe Biden won a landslide victory in South Carolina’s Democratic primary Saturday, where voters sent a clear message that they are ready for Biden to pivot

A manufacturer of sports supplements part-owned by JD Sports Fashion is beginning preparations for a £1bn flotation that could help breathe fresh life into London’s moribund market for new share offerings. Sky News has learnt that Applied Nutrition, which is based in Liverpool, has been interviewing investment bankers in recent weeks about a listing that

Turkish Central Bank Governor Hafize Gaye Erkan answers questions during a news conference for the Inflation Report 2023-III in Ankara, Turkey on July 27, 2023. Anadolu Agency | Anadolu Agency | Getty Images Turkey’s central bank governor Hafize Gaye Erkan resigned on Friday, citing a need to protect her family amid a “reputation assassination”, and

Emma Crosby fills in for Ian King on today’s podcast. She is joined by David Henderson, the chief executive of trade association Water UK, to talk about a rise in bills. Dr Ilham Kadri, the chief executive of Syensqo – who was formerly the head of Solvay – discusses the chemical giant’s demerger. And chief

Meta stock has serious upside potential, according to Deepwater Asset Management’s Gene Munster, who said things at the company were looking good and will “likely get better.” Meta stock was up over 16% in premarket trade early Friday, after the tech giant reported better-than-expected results and announced its first-ever dividend payment. It ended Thursday in

The conversation about rate cuts has now officially begun. For months, even as the market began to bet that the Bank of England would soon begin reducing the cost of borrowing, those in Threadneedle Street were adamant that the time for such conversations had not yet come. In the minutes alongside each of its decisions,

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. Michael Nagle | Bloomberg | Getty Images Peloton managed to turn a gross profit off of its pricey

One of the members of the Bank of England’s rate-setting Monetary Policy Committee has voted for a cut in its base-level interest rate for the first time since the pandemic, as Britain’s central bank forecast that inflation could be down at its 2% target within a few months. The Bank opted to leave borrowing costs

Liselotte Sabroe | Afp | Getty Images Novo Nordisk on Wednesday reported better-than-expected 2023 earnings, as sales of its wildly popular anti-obesity and diabetes drugs continued to soar. The maker of weight loss drug Wegovy and diabetes drug Ozempic reported an increase in sales of 31% in Danish kroner and 36% at constant exchange rates

The new chief executive of BT Group and the boss of Britain’s biggest high street lender are among a cohort of business leaders who will be unveiled by Downing Street on Wednesday as advisers to Rishi Sunak. Sky News has learnt that Allison Kirkby, who will replace Philip Jansen as BT CEO on Thursday, is