Alaska took control of Virgin America last year. Branson, the British billionaire who helped create Virgin America, told reporters in Seattle this week that Alaska must pay royalties for the Virgin name under a licensing deal that runs until 2040.. In a written statement, Branson's U.K.- based Virgin Group said the licensing agreement with Alaska has "clear...
U.S. satellites may be vulnerable to attacks that could make our whole way of fighting war riskier, according to experts.
TEHRAN, Iran— Iran on Sunday sanctioned what it described as 15 American companies, alleging they support terrorism, repression and Israel's occupation of land Palestinians want for a future state, likely in retaliation for sanctions earlier announced by the U.S. It also said any of the company's assets in Iran could be seized. They included ITT Corp.,...
DALLAS— After months of teasing, Alaska Airlines has bad news for loyal customers of Virgin America— their airline's name is being dumped. Alaska announced late Wednesday that it will retire the Virgin brand, probably in 2019, adding that name to a list including Continental and US Airways that disappeared in the past decade. So when Alaska announced last year...
Boom Supersonic aims to bring supersonic travel to transoceanic travelers in a few years, and Richard Branson is betting on the technology.
Hedge fund fees, which were previously taxed as income at rates as high as 45 percent, could be completely exempt from taxation.
DALLAS— A new security measure banning many electronic devices on flights from 10 mostly Muslim countries is leading travelers to reconsider their plans to fly through some airports in the Middle East and Africa. Paula Berger, an energy-company manager, and a co-worker have tickets to fly from the U.S. through Dubai to Hyderabad, India, where her company has an...
Lockheed Martin's CEO says NATO members are starting to "step up their own defense spending."
Some store owners worry about how they'll stay solvent if a tax on imports goes through.
President Trump may be Teflon, but markets are not, and for the first time since his election, there are doubts his pro-growth policies.
Even with a bigger defense budget the U.S. military could end up being less prepared, a former Marine Corps officer said.
Time to bet against Boeing? With CNBC's Melissa Lee and the Options Action traders.
U.S. stocks closed mixed Friday, dragged down by declines in financial and health care stocks.
Some of the names on the move ahead of the open.
China is developing a system to recover parts of rockets used in space launches to bring down costs, the SCMP reports.
Asset prices are elevated everywhere, Oaktree Capital's Howard Marks says. Here's how he's investing.
China's military-civilian scheme to promote innovation could elevate the espionage risk to the US.
Boeing and Ford are powering ahead with China expansion plans despite the country's slowdown in growth.
U.S. aircraft manufacturer Boeing is set to build its first overseas factory in China to meet growing demand for air travel. Sophia Yan reports.
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