'This is insane.' Long lines plague U.S. airports as TSA officers face second missed paycheck in shutdown
CNBC
The Trump administration said it plans to send ICE officers to help ease airport congestion amid TSA officer absences as they face second missed full paycheck.
NEW YORK — Andrew Leonard showed up at John F. Kennedy International Airport at 4:45 a.m. on Monday for his 7 a.m. flight to Seattle. Nearly two hours later, he made it through security and to his gate just in time for boarding.
"I fly out of this terminal all the time and this is insane," said Leonard, a 34-year-old performing arts teacher in New York who was en route to Seattle ahead of a family vacation to Hawaii.
He is one of tens of thousands of travelers around the U.S. who are facing extra-long security wait times at major airport hubs such as Atlanta, New York and Houston due to elevated absences of Transportation Security Administration officers. TSA workers are facing a second missed full paycheck this week as a partial government shutdown continues.
CEO Ed Bastian told CNBC's Phil LeBeau that Delta had taken a $400 million hit so far for the fourth quarter, but that demand has been "really, really great."
While Wall Street figures have flagged risks in private credit, Apollo's Zito is among the first within private credit to candidly acknowledge weakness.
Peloton is launching commercial gym-ready Bikes and Treads, expanding into gyms globally as it seeks new growth beyond its at-home fitness business.
Paramount CEO David Ellison has said he wants to make 30 movies a year and has franchises like Godzilla-Kong, Superman and Sonic the Hedgehog to lean on.
The NFL is discussing getting rid of its 2029-30 opt-out clause in exchange for an increase on TV rights that could push CBS to pay more than $3 billion a year.
Discussions between Starbucks and the union representing about 6% of its company-owned U.S. stores hit a wall last year.
Blackstone appears to be rebalancing its real estate investment trust portfolio, selling off legacy holdings.
MacKenzie Scott and many of America's richest are absent from the latest Philanthropy 50 ranking.
Experts say the global turmoil may have even helped demand for rare collectibles, as the wealthy search for safe, long-term stores of value.
Some airlines are already raising fares after a historic surge in jet-fuel costs.
The Iran conflict is disrupting fertilizer shipments through the Strait of Hormuz, raising supply concerns and potentially increasing global food inflation.
JPMorgan's move shows that the biggest U.S. bank by assets wants to get ahead of potential turbulence involving private credit loans to software companies.
Ford CEO Jim Farley last month said diversifying Pro's revenue — specifically in software — is a crucial growth area for the company.