GameStop CEO Ryan Cohen is pursuing a $56 billion takeover of eBay, hoping it will be a vehicle to compete with Amazon. NBC News’ Gadi Schwartz looks at the numbers behind the offer and talks it out with Yahoo Finance Senior Reporter Brooke DiPalma.
Category Archives: business
OpenAI co-founder grilled at Musk trial: ‘You just happen to be $30 billion richer?’
OpenAI co-founder and President Greg Brockman disclosed in a trial Monday that his stake in the firm is worth nearly $30 billion.
Spirit Airlines doomed by high fuel prices due to ‘recent geopolitical events,’ court docs state
Spirit Airlines said in court papers filed Monday that it was forced to ground its fleet for good over the weekend because “recent geopolitical events resulted in a massive and sustained increase in fuel prices.”While the court papers did not specify the nature of those geopolitical events, jet fuel prices have soared in the two months since the start of the war in Iran.”The Debtors and their advisors searched for increased capital and any sources of savings or liquidity, leaving no option unexp
Gas prices rise to $4.46 per gallon and oil jumps as shippers stay out of Strait of Hormuz
Gas hit $4.46 per gallon Monday, as oil futures jumped after three days of declines, increasing the Iran war’s direct cost to U.S. consumers.
Cruise ship at center of suspected deadly hantavirus outbreak refused permission to dock
The cruise ship at the center of a deadly outbreak of hantavirus has been refused permission to dock, with 149 people still on board — two of them seriously ill
Thousands Left in Limbo After Spirit Airlines Abruptly Shuts Down
After Spirit Airlines shut down and cancelled all flights, customers across the country have been left stranded and confused. Travelers will now have to cover the cost of their trip on alternate airlines. NBC’s Tom Costello reports and Brian Cheung joins TODAY to break down what someone with a cancelled Spirit ticket should do.
How a weaker dollar is quietly making life more expensive
A hidden force is quietly pushing up costs for everything from your summer vacation to your weekly grocery bills: a weaker U.S. dollar
Spirit Airlines collapse strands travelers: What to know about refunds, rebooking and fares
FORT LAUDERDALE, Fla. — Passengers arriving at Fort Lauderdale-Hollywood International Airport on Saturday were still being dropped off for flights that no longer existed — learning only at curbside that Spirit Airlines had shut down overnight.“I just found out,” Ricardo Tejeda said after stepping off a shuttle
Duffy details how other airlines will assist Spirit customers after flights canceled
Transportation Secretary Sean Duffy gave an update after Spirit Airlines announced it will shut down and how other airlines are planning to assist Spirit customers with canceled flights.
How Influencer Impersonation Scams Are Targeting Users Online
A new social commerce scam involves fraudsters impersonating social media influencers for financial gain. Reporting for Saturday TODAY, NBC’s Vicky Nguyen breaks down the details of the scam and how to protect yourself.