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The 2027 Infiniti QX65.Courtesy: InfinitiJapanese brand Infiniti on Thursday unveiled a new a midsize luxury SUV, called the QX65, as it tries to mount a comeback in the U.S.The vehicle will have a 268-horsepower VC-Turbo engine with 286 foot-pounds of torque, as well as dual 12.3-inch displays.The QX65 “accelerates INFINITI into its next era,” Eric Ledieu, vice president of Infiniti Americas, said in a press release.Infiniti, Nissan’s premium brand, sold a record 153,000 vehicles in 2017 in the U.S., one of the world’s most important auto markets. Last year, it sold just a third of that, according to the company. The…

An seatback on an American Airlines Boeing 737.Leslie Josephs/CNBCAmerican Airlines is “seriously considering” bringing back seat-back screens to its narrow-body planes and a decision could be made as early as next month, according to a person familiar with the matter.It would be part of a major revamp of American’s in-flight entertainment and Wi-Fi for narrow-body aircraft, said the person, who asked not to be named because they were not authorized to talk about the plans publicly. Part of those plans include discussions with SpaceX’s Starlink and Amazon Leo to potentially provide in-flight Wi-Fi, according to the person.American is also talking…

A major teachers’ union is calling for its members to skip Target when buying back-to-school supplies, the latest twist in a series of boycotts that have targeted the big-box retailer as its turnaround shows signs of life, CNBC has learned.The AFT, or American Federation of Teachers, passed a resolution Thursday that calls on its 1.8 million members and others to shop at local stores and not at Target, saying the company did not respond adequately to the surge of federal immigration enforcement in the retailer’s hometown of Minneapolis this winter. Federal agents shot and killed two U.S. citizens, Renee Good and…

Netflix is fully aboard the stream-flation bandwagon.The streaming giant just raised prices for its three plans, a little over a year after it last asked subscribers to pay more.Netflix’s standard ad-free plan now costs $19.99 a month, up from $17.99, while the premium 4K plan also got a $2 increase to $26.99 a month. The ad-supported Netflix subscription rose by a dollar to $8.99 a month.While Netflix customers may complain about higher prices, most other major streamers have also steadily gotten more expensive.Disney+, HBO Max, Peacock, and Apple TV+ all raised prices last year following Netflix’s January 2025 hike. Disney…

JPMorgan Chase’s message to its global armada of software developers is clear: embrace AI or risk falling behind.Internal company documents seen by Business Insider and posted to JPMorgan’s intranet for employees lay out a series of new expectations for the bank’s software engineering workforce, who comprise the majority of its 65,000-person-strong Global Technology division. The newly listed objectives, published on the intranet earlier this month, say all software and security engineers are expected to “drive excellence” by adopting AI and “contributing to initiatives that improve productivity, speed, scalability, and impact.”One document authored by the bank’s human resources leaders laid out…

A court tossed out a lawsuit filed by Elon Musk’s X that accused big advertisers like Mars, Lego, and Nestlé of illegally boycotting the platform. Loading audio narration… A US District Court judge in Texas dismissed the case, citing a lack of jurisdiction and X’s failure to state an antitrust claim.X sued several major brands in August 2024, alleging their participation in an ad industry initiative called the Global Alliance for Responsible Media, GARM, was tantamount to a conspiracy to “collectively withhold billions of dollars in advertising” from X after Musk’s takeover of the company, then known as Twitter. It…

This as-told-to essay is based on a conversation with Greg Smith, CEO of Thinkific. It has been edited for length and clarity. Loading audio narration… I became interested in corporate law because of the role lawyers play in pivotal business decisions. As a CEO, I might navigate a merger or IPO only once or twice, but as a corporate lawyer, I’d be dealing with them constantly. It seemed to me there were more exciting corporate transactions in a few years of corporate law than there were in two lifetimes of being a CEO.That pushed me to go to law school.…

The oil price shock could cost the US economy thousands of jobs a month, according to a new analysis from Goldman Sachs. Loading audio narration… In a note to clients on Thursday, a team of economists at the bank said they anticipate higher unemployment and slower job growth through the end of the year as the impact of higher oil prices ripples across the US economy. In the bank’s baseline scenario, the oil price shock could shave off around 10,000 new jobs a month through the end of the year, even after accounting for expected job gains in the energy…

United Airline flight attendants picketed outside Terminal B at Logan Airport, seeking a new contract.John Tlumacki | Boston Globe | Getty ImagesUnited Airlines and its flight attendant union have reached a tentative labor deal that will include their first raises in roughly six years.If ratified by flight attendants, it would make United the last of the major carriers to secure a labor deal with cabin crew members since the Covid-19 pandemic ended.United said the agreement will include immediate raises and top pay of $100 an hour at the end of the contract, as well as pay for flight attendants during…

Thursday’s Opening Day may be the calm before the storm for Major League Baseball. The league’s collective bargaining agreement with its players expires at the end of this season. Owners, with the commissioner’s backing, are almost sure to push for a salary cap (which would likely come with a salary floor to get players to the negotiating table). MLB owners have never been able to get a cap passed by the players union. It’s unclear if the end of the 2026 season will lead to a different result, but MLB Players Association Interim Executive Director Bruce Meyer told ESPN last month he expects a…