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McDonald’s preparing ‘McValue’ offering for 2025

McDonald’s preparing ‘McValue’ offering for 2025

A McDonald's is seen in the Flatbush neighborhood in Brooklyn, New York City, on Oct. 23, 2024.Michael M. Santiago | Getty ImagesMcDonald's is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at restaurants.The company is...

Cleveland launches formal bid for a WNBA team

Cleveland launches formal bid for a WNBA team

Cleveland, OhioKen Redding | The Image Bank | Getty ImagesDan Gilbert, owner of the Cleveland Cavaliers, wants to bring a WNBA team to Northeast Ohio.Rock Entertainment Group, the umbrella company that hosts Gilbert's sports and entertainment properties, told CNBC on...

NHL looks beyond U.S., Canada for league growth

NHL looks beyond U.S., Canada for league growth

A general view during the 2022 NHL Global Series Challenge between the Nashville Predators and the San Jose Sharks at O2 Arena in Prague, Czech Republic, on Oct. 7, 2022.Martin Rose | Getty Images Sport | Getty ImagesIf all goes according to plan for the National...

How NHL salary cap works

How NHL salary cap works

For a National Hockey League team to hoist the Stanley Cup, it takes playing an 82-game regular season, winning four playoff series and some strict attention to math along the way. The NHL is one of two of the big four North American sports leagues with a hard salary...

TJX Companies (TJX) earnings Q3 2025

TJX Companies (TJX) earnings Q3 2025

TJX Companies touted a "strong start" to the holiday shopping season on Wednesday, but its shares slid after the fast-growing retailer offered guidance that appeared to underwhelm Wall Street.TJX comfortably beat Wall Street's expectations during its fiscal third...

CNBC Official NHL Team Valuations 2024

CNBC Official NHL Team Valuations 2024

The National Hockey League is commanding more respect when it comes to team values.The average NHL team is worth $1.92 billion, according to CNBC's Official 2024 NHL Valuations, and recent transactions come at revenue multiples that rival deals done in Major League...

Watch SpaceX launch Starship’s sixth test flight

Watch SpaceX launch Starship’s sixth test flight

The SpaceX Starship lifts off from Starbase near Boca Chica, Texas, on November 19, 2024, for the Starship Flight 6 test. Chandan Khanna | AFP | Getty ImagesSpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up...

Target (TGT) Q3 2024 earnings

Target (TGT) Q3 2024 earnings

People are seen at the parking lot of a Target store in Selinsgrove. Paul Weaver | Lightrocket | Getty ImagesTarget will report fiscal third-quarter earnings on Wednesday and offer the latest clues on how the holiday season is shaping up for retailers, as the company...

Stellantis delays Ram electric pickup trucks until 2025

Stellantis delays Ram electric pickup trucks until 2025

Stellantis' Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at The Venetian Resort Las Vegas on January 05, 2023 in Las Vegas, Nevada. Ethan Miller | Getty ImagesDETROIT...

Walmart says new Trump tariffs could raise prices

Walmart says new Trump tariffs could raise prices

A Walmart store in Martinez, California, US, on Monday, Nov. 18, 2024. Walmart Inc. is scheduled to release earnings figures on November 19. David Paul Morris | Bloomberg | Getty ImagesWalmart's CFO John David Rainey said the retailer would likely have to raise prices...

Lowe’s (LOW) Q3 2024 earnings

Lowe’s (LOW) Q3 2024 earnings

LOS ANGELES, CALIFORNIA - AUGUST 20: The exterior sign of a Lowe's home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat fiscal second-quarter earnings expectations, but missed on sales and cut its full-year outlook blaming...

Walmart (WMT) Q3 2025 earnings

Walmart (WMT) Q3 2025 earnings

The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania.Paul Weaver | Lightrocket | Getty ImagesWalmart will report earnings before the bell on Tuesday, as inflation eases and the holiday season heats up.Here's what the discounter is...

More Americans get news from social media influencers

More Americans get news from social media influencers

About 1 in 5 Americans say they regularly get their news from "news influencers" on social media, according to a new study by the Pew Research Center.The rise of social media personalities doling out information was particularly true among the youngest users, and...

McDonald’s, Starbucks aim to improve

McDonald’s, Starbucks aim to improve

A McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesAfter a tough year for the restaurant industry, executives can't wait for 2025 to start."I don't know about you guys, but I'm ready for '24 to be behind...

Why Home Depot acquired SRS Distribution

Why Home Depot acquired SRS Distribution

A warehouse for Texas Pool Supply, a company that's part of SRS Distribution, carries pool parts such as filters and heaters, along with large buckets of pool chemicals. It's an example of the specialized business that Home Depot includes after acquiring SRS.Melissa...

The top 10 family offices for startup investments

The top 10 family offices for startup investments

Guillaume Houze attends the 33rd ANDAM Prize Winner cocktail at les Jardins du Palais Royal on June 30, 2022 in Paris, France.Pascal Le Segretain | Getty Images Entertainment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter...

Disney (DIS) earnings Q4 2024

Disney (DIS) earnings Q4 2024

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella's Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida.Gary Hershorn | Corbis News | Getty ImagesDisney will report its fiscal fourth-quarter...

FAA bans U.S.-Haiti flights for 30 days

FAA bans U.S.-Haiti flights for 30 days

Spirit Airlines airplanes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US.Eva Marie Uzcategui | Bloomberg | Getty ImagesThe Federal Aviation Administration on Tuesday banned U.S. civilian flights to and from Haiti for 30 days...

Strong revenue growth, first Neutron deal

Strong revenue growth, first Neutron deal

A view of Rocket Lab's HASTE suborbital launch vehicle.Rocket LabRocket Lab shares jumped in post-market trading after the company reported third-quarter results and announced its first customer for its coming Neutron vehicle.The space infrastructure company reported...

Netflix ad-supported tier has 70 million monthly users

Netflix ad-supported tier has 70 million monthly users

People wait in a line to enter "The Lab," a "Stranger Things" Netflix series experience in Madrid on June 2, 2022.Beata Zawrzel/ | Nurphoto | Getty ImagesNetflix's cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was...

GM’s newest EV is a ‘baby Escalade’ SUV

GM’s newest EV is a ‘baby Escalade’ SUV

2026 Cadillac Vistiq EVGMDETROIT — General Motors' newest all-electric vehicle is a three-row SUV for its Cadillac luxury line, which the brand is dubbing a "baby Escalade."The 2026 Cadillac Vistiq will be the last in a lineup of new EVs in the brand's portfolio when...

California-led EV mandates ‘impossible’ to meet

California-led EV mandates ‘impossible’ to meet

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan.Tomohiro Ohsumi | Getty Images News | Getty ImagesDETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year...

Lucid (LCID) results Q3 2024

Lucid (LCID) results Q3 2024

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan | Getty ImagesLucid Group slightly beat Wall Street's third-quarter expectations as the electric carmaker cuts costs ahead of plans to begin...

Rivian (RIVN) earnings Q3 2024

Rivian (RIVN) earnings Q3 2024

Rivian Automotive lowered its earnings forecast for the year after missing Wall Street's third-quarter expectations, including a significant miss in revenue.Here is how the company performed in the quarter, compared with average estimates compiled by LSEG:Loss per...

Warner Bros. Discovery (WBD) earnings Q3 2024

Warner Bros. Discovery (WBD) earnings Q3 2024

Jakub Porzycki | Nurphoto | Getty ImagesWarner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter.It marked the biggest quarterly growth for the streaming platform since its inception. Max now had 110.5...

Moderna (MRNA) earnings Q3 2024

Moderna (MRNA) earnings Q3 2024

Moderna on Thursday posted a surprise profit for the third quarter, smashing Wall Street estimates, as its cost-cutting efforts took hold and sales of its Covid vaccine came in higher than expected. The biotech company posted a net income of $13 million, or 3 cents...

Proposed tariffs could raise prices for consumers

Proposed tariffs could raise prices for consumers

Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024.Saul Loeb | Afp | Getty ImagesFor retailers and consumers finally feeling some relief from inflation, President-elect Donald Trump's tariffs proposal...

E.l.f. Beauty (ELF) earnings Q2 2025

E.l.f. Beauty (ELF) earnings Q2 2025

e.l.f Beauty power grip primer.Courtesy: e.l.f BeautyE.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales. Shares of the company rose nearly 10% in after-hours trading.The cosmetics retailer's earnings came in well ahead of...

Planet Fitness bids for bankrupt Blink Fitness

Planet Fitness bids for bankrupt Blink Fitness

A Blink Fitness location in New York City.Bill Tompkins | Michael Ochs Archives | Getty ImagesPlanet Fitness wants to acquire bankrupt budget-fitness chain Blink Holdings, according to court filings viewed by CNBC.Planet Fitness previously lost out in a bankruptcy...

What his election means for EVs

What his election means for EVs

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs.Photo by Jeffrey Sauger for...

CVS Health (CVS) earnings Q3 2024

CVS Health (CVS) earnings Q3 2024

A person walks by a CVS Pharmacy store in Manhattan, New York, on Nov. 15, 2021.Andrew Kelly | ReutersCVS Health on Wednesday reported mixed third-quarter results as higher medical costs squeezed its bottom line. The earnings report is CEO David Joyner's first at the...

Yum Brands (YUM) Q3 2024 earnings

Yum Brands (YUM) Q3 2024 earnings

Budrul Chukrut | Lightrocket | Getty ImagesYum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street's expectation as same-store sales at KFC and Pizza Hut slid more than expected.Here's what the company reported compared with what Wall...

Restaurant Brands International (QSR) earnings Q3 2024

Restaurant Brands International (QSR) earnings Q3 2024

A new Burger King restaurant under construction in Tortosa, Spain, following the current expansion of Restaurant Brands International Inc. - the parent company of BK- in new and existing markets. Joan Cros | NurPhoto | Getty ImagesRestaurant Brands International on...

Marc Benioff in talks to sell Time to Antenna Group

Marc Benioff in talks to sell Time to Antenna Group

Salesforce CEO Marc Benioff attends the TIME100 Gala at Jazz at Lincoln Center in New York on April 26, 2023.Dimitrios Kambouris | Getty ImagesThe Greek media company Antenna Group is in talks to acquire Time from Salesforce co-founder Marc Benioff, according to...

Merck (MRK) earnings Q3 2024

Merck (MRK) earnings Q3 2024

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Spencer Platt | Getty ImagesMerck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations as the company saw strong sales from its...

Bristol Myers Squibb (BMY) earnings Q3 2024

Bristol Myers Squibb (BMY) earnings Q3 2024

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty ImagesBristol Myers Squibb on Thursday reported third-quarter earnings and revenue that blew...

Peloton (PTON) Q1 2025 earnings

Peloton (PTON) Q1 2025 earnings

A Peloton bike is displayed at a Dick's Sporting Goods store on May 08, 2024 in Daly City, California. Justin Sullivan | Getty ImagesPeloton is back to generating free cash flow and is edging within reach of profitability as the connected fitness company reigns in...

Comcast (CMCSA) earnings Q3 2024

Comcast (CMCSA) earnings Q3 2024

NBCUniversal kicks off it's new Peacock streaming service.Todd Williamson | Peacock | NBCUniversal | Getty ImagesComcast reports its third-quarter earnings before the bell Thursday. Wall Street will once again be focused on subscriber numbers and growth for both...

Carvana (CVNA) Q3 2024 earnings

Carvana (CVNA) Q3 2024 earnings

A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCCarvana on Wednesday raised its 2024 earnings guidance after the online used-car retailer significantly topped Wall Street's third-quarter expectations.Here's how the company...

Starbucks (SBUX) Q4 2024 earnings

Starbucks (SBUX) Q4 2024 earnings

Brian Niccol speaking on CNBC's Squawk Box on Oct. 30th, 2018. Anjali Sundaram | CNBCStarbucks is set to share more details about its fiscal fourth quarter after the bell on Wednesday.The coffee giant shared its preliminary quarterly results on Oct. 22, showing that...

Airbus delivers first extra-long-range Airbus A321

Airbus delivers first extra-long-range Airbus A321

An Airbus A321XLR Neo passenger aircraft performs a flying display at the Paris Air Show in Le Bourget, Paris, France, on Monday, June 19, 2023. Nathan Laine | Bloomberg | Getty ImagesAirbus said Wednesday that it has handed over its first extra-long-range narrow-body...

Biogen (BIIB) earnings Q3 2024

Biogen (BIIB) earnings Q3 2024

A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021.Dado Ruvic | ReutersBiogen on Wednesday reported third-quarter revenue and adjusted earnings that topped expectations while raising its full-year profit guidance, as...

Eli Lilly (LLY) earnings Q3 2024

Eli Lilly (LLY) earnings Q3 2024

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024.Scott Olson | Getty ImagesEli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter and slashed its full-year...

Chipotle Mexican Grill (CMG) Q3 2024 earnings

Chipotle Mexican Grill (CMG) Q3 2024 earnings

A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024.Angus Mordant | Bloomberg | Getty ImagesChipotle Mexican Grill on Tuesday reported mixed quarterly results despite another quarter of higher traffic to its restaurants. Shares...

Auto insiders on both candidates, top issues

Auto insiders on both candidates, top issues

New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. Bill Pugliano | Getty ImagesDETROIT — The automotive industry has become a crucial topic during the 2024 presidential election as Michigan — home of...

E. coli outbreak is ‘behind us’

E. coli outbreak is ‘behind us’

McDonald's Chris Kempczinski speaks about fresh beef expansion at a McDonald's event in Oak Brook, Illinois.Richa Naidu | ReutersA week after health authorities publicly linked a deadly E. coli outbreak to McDonald's Quarter Pounder burgers, the company's CEO, Chris...

Pfizer (PFE) earnings Q3 2024

Pfizer (PFE) earnings Q3 2024

Kena Betancur | Corbis News | Getty ImagesPfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past expectations as the company's Covid vaccine and antiviral pill Paxlovid helped boost sales.The pharmaceutical giant also hiked its full-year...

McDonald’s (MCD) earnings Q3 2024

McDonald’s (MCD) earnings Q3 2024

A McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesMcDonald's is expected to report its third-quarter earnings before the bell on Tuesday.Here's what Wall Street analysts surveyed by LSEG are expecting the...

Ford Motor (F) earnings Q3 2024

Ford Motor (F) earnings Q3 2024

A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty ImagesDETROIT — Ford Motor is set to report its third-quarter earnings after the bell Monday.Here is what Wall Street...

McDonald’s E. coli outbreak: CDC updates case count

McDonald’s E. coli outbreak: CDC updates case count

A quarter pounder with cheese, fries, and a drink arranged at a McDonald's restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesA deadly E. coli outbreak linked to McDonald's Quarter Pounders has led to 75...

Deal blocked between Coach, Michael Kors owners

Deal blocked between Coach, Michael Kors owners

Coach and Michael Kors.Michael M. Santiago | Eduardo Parra | Europa Press | Getty ImagesA federal judge blocked Tapestry's acquisition of Capri on Thursday following a brief trial last month in New York.In her order, Judge Jennifer Rochon granted the Federal Trade...

The art market is in a correction as big spenders fade

The art market is in a correction as big spenders fade

A gallery staff member looks at a painting by Andy Warhol & Jean-Michel Basquiat, Collaboration, 1982-1985, estimate £1,000,000 1,500,000 during a photo call at Christie's auction house showcasing the highlights of 20th/21st Century Evening Sale in London, United...

Consumers choose favorite retailer Nike Kohls

Consumers choose favorite retailer Nike Kohls

An exterior view of the Kohl's store at the Paxton Town Centre near Harrisburg. A customer walks with a Nike shopping bag.Paul Weaver | SOPA Images | Emily Elconin | Bloomberg | Getty ImagesNike and Kohl's may not be winning on Wall Street, but a wide set of consumers...

NHL Tampa Bay Lightning stake sold to investor group

NHL Tampa Bay Lightning stake sold to investor group

Jeffrey Vinik, owner of the Tampa Bay Lightning.Adam Jeffery | CNBC The Tampa Bay Lightning's ownership group is expanding.Vinik Sports Group, run by titan investor Jeff Vinik, is selling a portion of the National Hockey League team to a group of investors led by Doug...

American Airlines (AAL) 3Q 2024 earnings

American Airlines (AAL) 3Q 2024 earnings

American Airlines posted a third-quarter loss but raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.The carrier said it expects to earn between 25 cents and 50 cents a share on an...

Southwest Airlines (LUV) 3Q 2024 earnings

Southwest Airlines (LUV) 3Q 2024 earnings

Southwest Airlines' third-quarter profit fell from a year ago but topped Wall Street estimates as the carrier worked to drum up revenue and fend off activist investor Elliott Investment Management.Elliott and Southwest struck a deal, announced Thursday, that averts a...

CDC notified about outbreak last week

CDC notified about outbreak last week

A customer walks out of a McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024.Mario Tama | Getty ImagesThe Centers for Disease Control and Prevention told McDonald's late last week about a potential link to an E. coli outbreak, company spokespeople said...

September home sales drop to lowest level since 2010

September home sales drop to lowest level since 2010

Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the National Association of Realtors.Sales were 3.5% lower than in September...

Boeing (BA) 3Q 2024 earnings

Boeing (BA) 3Q 2024 earnings

Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, US, on Thursday, Oct. 3, 2024. David Ryder | Bloomberg | Getty ImagesBoeing's new CEO Kelly Ortberg will have a chance to lay out his vision for the troubled...

Coca-Cola (KO) Q3 2024 earnings

Coca-Cola (KO) Q3 2024 earnings

Vintage Coca-Cola bottles are seen in a shop window in Manhattan, New York City, on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesCoca-Cola is about to report third-quarter earnings before the bell on Wednesday.Here is what Wall Street analysts surveyed by LSEG...

Peloton, Costco partner to sell Bike+ for 2024 holiday

Peloton, Costco partner to sell Bike+ for 2024 holiday

Peloton's stationary bikes will soon sell at Costco's stores and on its website as the beleaguered fitness company looks for new ways to reach younger and affluent customers, Peloton is set to announce Tuesday.Under the terms of the deal, Costco will offer Peloton's...

NBA, WNBA and Nike renew uniform partnership

NBA, WNBA and Nike renew uniform partnership

Nike will be the exclusive uniform and apparel provider for the National Basketball Association and Women's National Basketball Association for another 12 years after they renewed their partnership with the sneaker giant, the leagues announced Monday.Under the terms...

General Motors (GM) earnings Q3 2024

General Motors (GM) earnings Q3 2024

The General Motors headquarters inside the Renaissance Center in Detroit on April 15, 2024.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday.Here is what Wall Street is expecting,...

elections, hurricanes to affect retail spending

elections, hurricanes to affect retail spending

A Macy's store is seen at Herald Square on December 11, 2023 in New York City.Michael M. Santiago | Getty ImagesInflation may have cooled, but retailers are still staring down a holiday season with plenty of uncertainty.Several hard-to-predict factors will influence...

Folie a Deux’ is 2024’s latest box office flop

Folie a Deux’ is 2024’s latest box office flop

Joaquin Phoenix stars as Arthur Fleck in "Joker: Folie a Deux."Warner Bros.Warner Bros. took a big swing with "Joker: Folie a Deux." It's turned into a big whiff.After the billion-dollar success of "Joker" in 2019 on a shoestring budget of just $55 million, the studio...

Procter & Gamble (PG) Q1 2025 earnings

Procter & Gamble (PG) Q1 2025 earnings

Boxes of Bounce dryer sheets owned by the Procter & Gamble company are seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty ImagesProcter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed...

Commercial real estate recovery may be uneven

Commercial real estate recovery may be uneven

A commercial building available for rent in Melville, New York, April 17, 2023.Howard Schnapp | Newsday | Getty ImagesThe tide could be turning for commercial real estate.The Federal Reserve began its interest rate cutting cycle in September, lowering the Fed funds...

Netflix (NFLX) earnings Q3 2024

Netflix (NFLX) earnings Q3 2024

Nurphoto | Nurphoto | Getty ImagesLOS ANGELES — Netflix is due to report third-quarter earnings after the closing bell Thursday.Wall Street will be paying close attention to details surrounding the company's advertising-supported business model, upcoming live sporting...

Tom Gores buys LA Chargers stake for $750 million

Tom Gores buys LA Chargers stake for $750 million

Detroit Pistons team owner Tom Gores claps during the press conference on July 30, 2021 at the Pistons Performance Center in Detroit, Michigan. Nic Antaya | Getty Images Sport | Getty ImagesPrivate equity billionaire Tom Gores has agreed to pay $750 million to buy 27%...

GM updates highly profitable large SUVs

GM updates highly profitable large SUVs

DETROIT – General Motors has updated its highly profitable large SUVs for Chevrolet for the 2025 model year to defend the brand's long-standing segment leadership.The Detroit automaker's Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for...

United Airlines (UAL) 3Q 2024 earnings

United Airlines (UAL) 3Q 2024 earnings

A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024.Kevin Carter | Getty ImagesUnited Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported...

Morgan Stanley (MS) earnings Q3 2024

Morgan Stanley (MS) earnings Q3 2024

Ted Pick, CEO Morgan Stanley, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024.Adam Galici | CNBCMorgan Stanley is set to report third-quarter earnings before the opening bell Wednesday. Here's what Wall...

Walgreens (WBA) earnings Q4 2024

Walgreens (WBA) earnings Q4 2024

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021.Andrew Kelly | ReutersWalgreens on Tuesday reported fiscal fourth-quarter sales and adjusted profit that beat Wall Street's expectations, as the...

Bank of America (BAC) earnings Q3 2024

Bank of America (BAC) earnings Q3 2024

Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | ReutersBank of America...

Goldman Sachs (GS) earnings Q3 2024

Goldman Sachs (GS) earnings Q3 2024

David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.Adam Galici | CNBCGoldman Sachs is scheduled to report third-quarter earnings before the opening bell...

Trump or Harris? 2024 stakes for America’s businesses

Trump or Harris? 2024 stakes for America’s businesses

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024.Getty ImagesWith the U.S. election less than a month away, the country and its corporations are staring down two drastically different options.For...

JPMorgan Chase (JPM) earnings Q3 2024

JPMorgan Chase (JPM) earnings Q3 2024

JPMorgan Chase posted third-quarter results that topped estimates for profit and revenue as the company generated more interest income than expected.Here's what the company reported:Earnings: $4.37 a share vs. $4.01 a share LSEG estimateRevenue: $43.32 billion, vs....

WNBA Finals to be 7 games in 2025 season

WNBA Finals to be 7 games in 2025 season

Napheesa Collier #24 of the Minnesota Lynx scores the game winning basket during the game against the New York Liberty during Game 1 of the 2024 WNBA Finals on October 10, 2024 at Barclays Center in Brooklyn, New York. Nathaniel S. Butler | National Basketball...

Wealthy millennials, Gen Z are redefining philanthropy

Wealthy millennials, Gen Z are redefining philanthropy

Solstock | E+ | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Wealthy millennials and...

Banks aren’t in the clear just yet

Banks aren’t in the clear just yet

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom BrennerTom Brenner | ReutersFalling interest rates are...

United plans flights to Greenland, Mongolia and Bilbao

United plans flights to Greenland, Mongolia and Bilbao

United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki | Nurphoto | Getty ImagesUnited Airlines is plotting a 2025 international expansion that spans Senegal to Mongolia and Greenland to Palau,...

Delta Air Lines (DAL) 3Q 2024 earnings

Delta Air Lines (DAL) 3Q 2024 earnings

A Delta aircraft at the airline's hangar in AtlantaLeslie Josephs/CNBCDelta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays.The Atlanta-based carrier on Thursday forecast...

FAA license may come in time for Sunday launch

FAA license may come in time for Sunday launch

SpaceX's next-generation Starship spacecraft, atop its powerful Super Heavy rocket, lifts off on its third launch from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. March 14, 2024. Cheney Orr | ReutersThe Federal Aviation...

Automaker expects 2025 earnings to be similar to 2024

Automaker expects 2025 earnings to be similar to 2024

New GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC in Richmond, California, July 2, 2024.Justin Sullivan | Getty ImagesDETROIT — General Motors expects its 2025 adjusted earnings to be in a "similar range" to the company's results this year, CFO Paul...

EV profits, guidance, shareholder returns

EV profits, guidance, shareholder returns

The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersDETROIT — Wall Street reacted to General Motors' investor day on Tuesday with a shrug.Executives used the Detroit automaker's event to focus on...

Inside the black market of obesity drugs

Inside the black market of obesity drugs

BOULDER, COLO. — Not far from the majestic Rocky Mountains is an ordinary suburban neighborhood, a tree-lined street and a modest light gray home.It's not the kind of place you'd imagine an investigation into black market Ozempic would lead. But it did.A CNBC...

Airlines, theme parks, cruise lines prepare

Airlines, theme parks, cruise lines prepare

A message board at the Tampa International Airport shows all American Airlines departing flight canceled Tuesday, Oct. 8, 2024, in Tampa, Fla., due to the possible arrival of Hurricane Milton.Chris O'Meara | APAirlines canceled hundreds of flights, theme parks...

PepsiCo (PEP) Q3 2024 earnings

PepsiCo (PEP) Q3 2024 earnings

A truck with Pepsi logo on a semitrailer is seen at Interstate 95 highway in Maryland, United States, on October 21, 2022.Beata Zawrzel | Nurphoto | Getty ImagesPepsiCo on Tuesday lowered its full-year outlook for organic revenue after its second straight quarter of...

Cruise, cash and EVs top of mind for Wall Street

Cruise, cash and EVs top of mind for Wall Street

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson's building in Detroit, Michigan, US, on Monday, April 15, 2024.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT — A lot has changed since General Motors' last...

Zillow adds climate risk data to home listings

Zillow adds climate risk data to home listings

Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That's because the vast majority of homes impacted by the storm, especially in hard-hit North Carolina, did not have flood insurance.New risk-assessment...

Tiger Woods’ logo dispute with Tigeraire escalates

Tiger Woods’ logo dispute with Tigeraire escalates

USA's Tiger Woods lines up a putt on the 2nd during day two of The Open at Royal Troon, South Ayrshire, Scotland. Picture date: Friday July 19, 2024. Jane Barlow | PA Images | Getty ImagesA logo dispute between Tiger Woods' apparel company Sun Day Red and Tigeraire, a...

Mortgage rates spike after jobs report

Mortgage rates spike after jobs report

A home for sale in Austin, Texas, on May 22, 2024.Brandon Bell | Getty ImagesThe average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government's monthly employment report. The rate is now 6.53%, according to...

New off-road and ‘Ultimate’ models revealed

New off-road and ‘Ultimate’ models revealed

2025 Ford Expedition Platinum UltimateFordDETROIT — Ford Motor is increasing the refinement and technology of its large Expedition SUV as part of a vehicle redesign to better compete with growing competition.The new three-row SUV features a smoother interior and...

LVMH and Formula One announce 10-year partnership

LVMH and Formula One announce 10-year partnership

The Race winner trophy is seen in a Louis Vuitton trunk on the grid prior to the F1 Grand Prix of Monaco at Circuit de Monaco on May 26, 2024 in Monte-Carlo, Monaco. Bryn Lennon | Formula 1 | Getty ImagesLiberty Media-owned Formula One and luxury giant LVMH are...

Levi (LEVI) earnings Q3 2024

Levi (LEVI) earnings Q3 2024

Justin Sullivan | Getty ImagesDenim-crazed consumers are turning to Levi Strauss & Co for new jeans, but the company's overall business is being dragged down by its Dockers brand, which the company is now considering selling off, it announced Wednesday. Sales at...

Costco adds platinum bars to its precious metals lineup

Costco adds platinum bars to its precious metals lineup

Zoom In IconArrows pointing outwardsCostco continues to chip away at the gold mine that is the precious metals market. The wholesaler is adding Swiss-made platinum bars to its selection.Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on...

500 Starbucks locations have voted to unionize

500 Starbucks locations have voted to unionize

Demonstrators protest outside a closed Starbucks Corp. location at 505 Union Station in Seattle, Washington, US, on Saturday, July 16, 2022.  David Ryder | Bloomberg | Getty ImagesBaristas at a Starbucks in Bellingham, Washington, became the 500th store to join the...

Nike (NKE) earnings Q1 2025

Nike (NKE) earnings Q1 2025

An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square Mall on August 28, 2024 in Austin, Texas. Brandon Bell | Getty ImagesNike will report quarterly earnings on Tuesday as investors brace for another set of less-than-stellar...

PepsiCo to buy Siete Foods for $1.2 billion

PepsiCo to buy Siete Foods for $1.2 billion

Siete Foods Tortilla ChipsCourtesy: Siete FoodsPepsiCo said Tuesday that it's buying Mexican-American food company Siete Foods for $1.2 billion, marking the company's first food acquisition in roughly five years.Like many food companies, Pepsi has been trying to shift...

MLS-OneFootball deal seeks to expand global audience

MLS-OneFootball deal seeks to expand global audience

Lionel Messi #10 of Inter Miami controls the ball during the second half of the game against St. Louis City at Chase Stadium on June 01, 2024 in Fort Lauderdale, Florida. Megan Briggs | Getty ImagesMajor League Soccer is teaming up with German digital media platform...

Laurene Powell Jobs bets on AI startups

Laurene Powell Jobs bets on AI startups

Laurene Powell Jobs speaks onstage during TechCrunch Disrupt SF 2017. (Photo by Steve Jennings/Getty Images for TechCrunch)Steve JenningsA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth...

Ford EV benefits program aims to boost sales

Ford EV benefits program aims to boost sales

The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024.Danielle DeVries | CNBCDETROIT — Ford Motor is aiming to boost sales of its electric vehicles by addressing potential customer concerns through a new program that includes free...

Kamala Harris promises to fight inflation

Kamala Harris promises to fight inflation

Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, Pennsylvania, on Aug. 18, 2024.Angela Weiss | AFP | Getty ImagesAs she unveiled her most detailed economic plan yet this week,...

Viewership, attendance soar during 2024 season

Viewership, attendance soar during 2024 season

Indiana Fever guard Caitlin Clark, #22, drives to the basket against Atlanta Dream guard Destanni Henderson, #33, during a WNBA preseason game at Gainbridge Fieldhouse in Indianapolis, Indiana, on May 9, 2024.Brian Spurlock | Icon Sportswire | Getty ImagesThe Women's...

Trademark dispute emerges over Tiger Woods’ new logo

Trademark dispute emerges over Tiger Woods’ new logo

Tiger Woods speaks during the launch of Tiger Woods and TaylorMade Golf's new apparel and footwear brand "Sun Day Red" at Palisades Village on February 12, 2024 in Pacific Palisades, California.Kevork Djansezian | Getty Images Sport | Getty ImagesTiger Woods' new logo...

Nuggets, Avalanche launch streaming service Altitude+

Nuggets, Avalanche launch streaming service Altitude+

Nikola Jokic, #15 of the Denver Nuggets, shoots the ball against Bones Hyland, #5, and Norman Powell, #24, of the Los Angeles Clippers during the second half of a preseason game at Crypto.com Arena in Los Angeles on October 19, 2023.Kevork Djansezian | Getty...

Investor Paul Viera doubles San Antonio Spurs stake

Investor Paul Viera doubles San Antonio Spurs stake

The San Antonio Spurs logo is seen before the game against the Golden State Warriors in Game Three of Round One of the 2018 NBA Playoffs on April 19, 2018 at the AT&T Center in San Antonio, Texas. Noah Graham | National Basketball Association | Getty...

GM’s EV sales momentum is finally building

GM’s EV sales momentum is finally building

Mary Barra, GM chair and CEO, speaks during the unveiling of the Cadillac Celestiq electric sedan in Los Angeles, Oct. 17, 2022.Frederic J. Brown | AFP | Getty ImagesWARREN, Mich. – If everything had gone to plan for General Motors over the last three years, the...

Machinists prepare for lengthy stoppage

Machinists prepare for lengthy stoppage

Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in Renton, Washington, U.S., September 13, 2024. Matt Mills Mcknight | ReutersRENTON, Wash. — Cash-strapped Boeing is facing mounting costs from...

NFL first with two women presidents at the helm

NFL first with two women presidents at the helm

Las Vegas Raiders President Sandra Douglass Morgan & Carolina Panthers President, Kristi Coleman.Getty Images (L) | AP (R)When the Carolina Panthers take on the Las Vegas Raiders on Sunday, it will mark a historic first for the National Football League.The game is...

AA in talks to pick Citigroup over Barclays

AA in talks to pick Citigroup over Barclays

An American Airlines' Embraer E175LR (front), an American Airlines' Boeing 737 (C) and an American Airlines' Boeing 737 are seen parked at LaGuardia Airport in Queens, New York on May 24, 2024. Charly Triballeau | AFP | Getty ImagesAmerican Airlines is in talks to...

Disney to ditch Slack after July data breach

Disney to ditch Slack after July data breach

The Mickey Mouse and Minnie Mouse float passes by during the daily Festival of Fantasy Parade at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty ImagesThe Walt Disney Company will no longer use...

Nike CEO John Donahoe is out, replaced by Elliott Hill

Nike CEO John Donahoe is out, replaced by Elliott Hill

John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2024.Brendan Mcdermid | ReutersNike on Thursday announced that its CEO John Donahoe is stepping down...

Civil rights groups urge Fortune 1000 to protect DEI

Civil rights groups urge Fortune 1000 to protect DEI

Twenty civil rights organizations sent a letter Thursday to Fortune 1000 companies calling for them to recommit to diversity, equity and inclusion, after several major companies scaled back their efforts.The call to action comes after businesses including Ford,...

UAW warns of potential strikes at Ford, Stellantis

UAW warns of potential strikes at Ford, Stellantis

UAW president Shawn Fain and members and workers at the Mopar Parts Center Line, a Stellantis Parts Distribution Center in Center Line, Michigan, picket outside the facility after walking off their jobs at noon on September 22, 2023.Matthew Hatcher | AFP | Getty...

JetBlue to build airport lounges in New York, Boston

JetBlue to build airport lounges in New York, Boston

JetBlue planes at JFK's Terminal 5 in New York.Leslie Josephs | CNBCJetBlue Airways will open its first airport lounges in its more than two decades of flying, a major shift for the low-cost airline as it chases high-spending travelers.The lounges will open at the...

Darden Restaurants (DRI) Q1 2025 earnings

Darden Restaurants (DRI) Q1 2025 earnings

A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Scott Olsen | Getty ImagesDarden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining...

Alaska-Hawaiian airline merger clears DOT review

Alaska-Hawaiian airline merger clears DOT review

Boeing 737-790 aircraft belonging to Alaska Airlines is seen flying at Anchorage Ted Stevens International Airport in Anchorage, Alaska, United States on July 2, 2024. Hasan Akbas | Anadolu | Getty ImagesAlaska Airlines and Hawaiian Airlines can go through with their...

FanDuel parent Flutter acquires Snaitech, NSX

FanDuel parent Flutter acquires Snaitech, NSX

People walk by a banner outside of the New York Stock Exchange for the initial public offering of Flutter Entertainment, the parent company of FanDuel, on Jan. 29, 2024.Spencer Platt | Getty ImagesFanDuel parent Flutter Entertainment will spend $2.6 billion (2.3...

SpaceX Starlink has 2,500 airplanes under contract

SpaceX Starlink has 2,500 airplanes under contract

A Starlink terminal installed on a Hawaiian Airlines aircraft.Hawaiian AirlinesPARIS — SpaceX nearly doubled its backlog of Starlink in-flight Wi-Fi orders with last week's United Airlines deal, a company director said Tuesday."Very excited that we have about 2,500...

UAW union files unfair labor charges against Stellantis

UAW union files unfair labor charges against Stellantis

United Automobile Workers (UAW) President Shawn Fain speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty ImagesDETROIT — The United Auto Workers union on Monday...

Tapestry-Capri antitrust trial: Michael Kors testifies

Tapestry-Capri antitrust trial: Michael Kors testifies

Designer Michael Kors poses backstage before the Michael Kors Collection Fall 2017 runway show at Spring Studios on February 15, 2017 in New York City. Dimitrios Kambouris | Getty ImagesNEW YORK CITY — In a federal courtroom on Monday, storied fashion designer Michael...

Charter rolls out new Spectrum pricing, internet speeds

Charter rolls out new Spectrum pricing, internet speeds

Christopher L. Winfrey, CEO of Charter Communications.Courtesy: Charter CommunicationsCharter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable and broadband provider.The cable giant told...

CEO of Ford’s highly profitable Pro business to retire

CEO of Ford’s highly profitable Pro business to retire

Ted Cannis, chief executive officer of Ford Pro, speaks during an interview in New York, on Thursday, July 28, 2022.Victor J. Blue | Bloomberg | Getty ImagesDETROIT — The head of Ford Motor's highly profitable "Pro" commercial and fleet business will retire at the end...

$1 billion in cost cuts, 10 product launches planned

$1 billion in cost cuts, 10 product launches planned

Moderna headquarters, exterior view, Cambridge, Massachusetts, USA. Plexi Images | GHI | UCG | Universal Images Group | Getty ImagesModerna on Thursday said it plans to cut around $1.1 billion in expenses by 2027 and win approvals for several new products as it charts...

Gilead Lenacapavir cut HIV infections by 96% in trial

Gilead Lenacapavir cut HIV infections by 96% in trial

A pharmacist holds a vial of lenacapavir, the new HIV prevention injectable drug.Nardus Engelbrecht | APGilead's twice-yearly shot reduced HIV infections by 96% in a second large study, the company said Thursday.The positive phase three trial data on Lenacapavir sets...

Live shopping is coming to the red carpet

Live shopping is coming to the red carpet

When viewers tune in to the 2024 MTV VMAs on Wednesday night, they'll be able to shop the outfits and designer looks they're seeing in real time, as legacy media companies look for new ways to monetize content.As part of a new partnership between Paramount Global —...

Growth expected after 2024 election

Growth expected after 2024 election

As presidential nominees Vice President Kamala Harris and former President Donald Trump prepare to face off in their first debate Tuesday night, voters will be tuning in for clarity on their plans to handle issues including the economy, inflation and job growth.One...

SEC charges Keurig Dr Pepper over K-Cup recyclability

SEC charges Keurig Dr Pepper over K-Cup recyclability

Green tea pod is visible inside a Keurig brand coffee maker, Lafayette, California, December 17, 2022. Photo courtesy Sftm. Gado | Archive Photos | Getty ImagesThe Securities and Exchange Commission has charged Keurig Dr Pepper for making inaccurate claims about the...

Big Lots bankruptcy, plans sale and store closures

Big Lots bankruptcy, plans sale and store closures

A Big Lots store in Los Angeles, California, US, on Saturday, Sept. 7, 2024. Discount home goods retailer Big Lots Inc. is preparing to file for bankruptcy as soon as Sunday, and plans to sell its chain of stores via a court-supervised process, according to people...

Nelson Peltz steps down as chair of Wendy’s board

Nelson Peltz steps down as chair of Wendy’s board

Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019.Adam Jeffery | CNBCNelson Peltz is stepping down as chair of Wendy's, ending a 17-year reign at the fast-food chain.Wendy's said Friday that the change is effective...

The $100,000 electric truck market is here

The $100,000 electric truck market is here

Fronts of the GMC Sierra Denali,Tesla Cybertruck and Ford F-150 Lightning EVs (left to right).Michael Wayland / CNBCDETROIT – Tesla, General Motors, Rivian Automotive and Ford Motor have created a new market in the U.S. automotive industry of pricey, powerful and...

Automakers up NFL advertising after pullback

Automakers up NFL advertising after pullback

Toyota's "We Roll Deep Anthem" spot includes fans and NFL stars "setting off on an adrenaline-packed NFL adventure."ScreenshotAutomakers are rushing back into advertising during the National Football League season after a slowdown in recent years.Toyota Motor...

Top 10 people most likely to reach trillionaire status

Top 10 people most likely to reach trillionaire status

Combination showing Elon Musk (L), Gautam Adani (C), and Jensen Huang (R)ReutersA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future...

Home listings are up more than 60% in these cities

Home listings are up more than 60% in these cities

A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of...

Kansas City Chiefs valuation playoffs Super Bowl

Kansas City Chiefs valuation playoffs Super Bowl

Patrick Mahomes and Travis Kelce of the Kansas City Chiefs celebrate a victory in 2022.David Eulitt | GettyThe NFL team that has won three of the last five Super Bowls is worth less than the organizations with the two longest playoff droughts in the league.The Kansas...

Green Bay Packers stock ownership team valuation

Green Bay Packers stock ownership team valuation

Jeff Robinson | Icon Sportswire | Getty ImagesOnly one National Football League team has an ownership structure that resembles a publicly traded company.The Green Bay Packers, who are the 12th most-valuable NFL franchise at $6.3 billion, according to CNBC's Official...

Court approves plan to exit Chapter 11

Court approves plan to exit Chapter 11

The exterior of a Red Lobster restaurant in Austin, Texas, on May 20, 2024.Brandon Bell | Getty ImagesA bankruptcy court approved Red Lobster's plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy.The company, known for its seafood...

NFL team sales are likely to stall as valuations soar

NFL team sales are likely to stall as valuations soar

Abbie Parr | Getty Images Sport | Getty ImagesThe Seattle Seahawks may be the next National Football League team to sell. Beyond that, it's anyone's guess when another franchise will change hands.Former Seahawks owner and Microsoft co-founder Paul Allen died in 2018....

Rising NFL valuations mean massive returns for owners

Rising NFL valuations mean massive returns for owners

A National Football League team today is a $6.5 billion business.That is the average value of the NFL's 32 franchises, according to CNBC's Official 2024 NFL Team Valuations. Pro football teams have been a lucrative asset for owners in the most popular U.S. sports...

NFL’s most valuable team at $11 billion

NFL’s most valuable team at $11 billion

DaRon Bland, #26 of the Dallas Cowboys, celebrates after an interception returned for a touchdown in the game against the Washington Commanders during the fourth quarter at AT&T Stadium in Arlington, Texas, on Nov. 23, 2023.Ron Jenkins | Getty ImagesWhen Jerry...

How investing in teams will work

How investing in teams will work

A detailed view of the NFL shield logo on the field during a preseason game between the Los Angeles Rams and the Houston Texans at NRG Stadium in Houston on Aug. 24, 2024.Ric Tapia | Getty Images Sport | Getty ImagesThe National Football League is opening its gates to...

CNBC Official 2024 NFL Team Valuations

CNBC Official 2024 NFL Team Valuations

CNBC Official 2024 NFL Team ValuationsJoin us on Sept. 10 in Los Angeles for CNBC x Boardroom's Game Plan. This high-powered event brings together industry leaders, visionaries and influencers, along with executives and investors to explore the dynamic intersection of...

Molson Coors pumps the brakes on DEI practices

Molson Coors pumps the brakes on DEI practices

Coors beer is displayed on a store shelf on February 13, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesMolson Coors is the latest addition to a growing list of companies reversing their diversity, equity and inclusion policies.In an internal memo sent...

NFL’s next big media rights payday is years off

NFL’s next big media rights payday is years off

A view of a ESPN cameraman during the game between the Jacksonville Jaguars and the Cincinnati Bengals on December 4, 2023 at EverBank Stadium in Jacksonville, Fl. David Rosenblum | Icon Sportswire | Getty ImagesIn 2021, the National Football League signed an 11-year,...

Dick’s Sporting Goods (DKS) earnings Q2 2024

Dick’s Sporting Goods (DKS) earnings Q2 2024

A Dick's Sporting Goods store at the Los Cerritos Center shopping mall on February 21, 2024 in Cerritos, California. Kirby Lee | Getty Images News | Getty ImagesDick's Sporting Goods on Wednesday blew past Wall Street's earnings estimates in its fiscal second quarter...

Dollar Tree (DLTR) earnings Q2 2024

Dollar Tree (DLTR) earnings Q2 2024

A sign is posted in front of a Dollar Tree and Family Dollar store on March 13, 2024 in Rio Vista, California. Justin Sullivan | Getty ImagesShares of Dollar Tree fell about 10% in premarket trading Wednesday after the discounter cut its full-year outlook, citing...

NBC Olympics 2024 playbook has so far paid off

NBC Olympics 2024 playbook has so far paid off

Mike Tirico is seen on the set of NBCUniversal Paris 2024 Olympics coverage on August 04, 2024 in Paris, France. Kristy Sparow | Getty ImagesComcast's NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the...

Restaurant chains that filed for bankruptcy this year

Restaurant chains that filed for bankruptcy this year

The Red Lobster logo is displayed outside of a closed restaurant in Torrance, California, on May 14, 2024.Patrick T. Fallon | Afp | Getty ImagesRestaurant bankruptcy filings have surged so far this year, echoing a broader rise in corporate bankruptcies across...

Cannabis industry targets luxury consumers in New York

Cannabis industry targets luxury consumers in New York

The Travel Agency on Fifth Avenue in New York Cityis an adult-use recreational marijuana dispensary.Courtesy: The Travel AgencyCannabis consumption has turned a corner — and now it's on Fifth Avenue.Shoppers walking along the iconic New York stretch of retailers can...

FDA authorizes Novavax Covid vaccine targeting JN.1

FDA authorizes Novavax Covid vaccine targeting JN.1

A vial labelled "Novavax V COVID-19 Vaccine" is seen in this illustration taken January 16, 2022. Dado Ruvic | ReutersThe Food and Drug Administration authorized Novavax's updated protein-based Covid vaccine for emergency use in people ages 12 and up on Friday, paving...

Ulta earnings Q2 2024

Ulta earnings Q2 2024

Ulta Beauty shares sank 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidance after a decline in same-store sales during the most recent period.It was the company's first earnings per share miss...

Lululemon (LULU) earnings Q2 2024

Lululemon (LULU) earnings Q2 2024

Lululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after it botched a highly anticipated product launch and growth slowed in the Americas. The company now expects full-year net revenue to be between $10.38 billion and...

Shares halted after apparent early release

Shares halted after apparent early release

Facade of GAP retail store with logo sign on sunny day, San Francisco, California, June 7, 2024. Nurphoto | Nurphoto | Getty ImagesGap shares were halted Thursday morning after its quarterly earnings results were apparently released early.The apparel retailer is set...

American Eagle (AEO) earnings Q2 2024

American Eagle (AEO) earnings Q2 2024

A shopper walks past the American clothing and accessories retailer American Eagle store in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesAmerican Eagle missed Wall Street's sales targets for a second quarter in a row on Thursday, but profits grew by nearly 60%...

Best Buy (BBY) earnings Q2 2025

Best Buy (BBY) earnings Q2 2025

People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City.Spencer Platt | Getty ImagesBest Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. The retailer...

Ford joins list of companies walking back DEI policies

Ford joins list of companies walking back DEI policies

The new Ford F-150 and the all-new Ranger trucks are launched at a celebratory event at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.Bill Pugliano | Getty ImagesFord Motor is the latest company to walk back some of its commitments to diversity,...

Abercrombie & Fitch (ANF) earnings Q2 2024

Abercrombie & Fitch (ANF) earnings Q2 2024

An Abercrombie & Fitch store in New York, US, on Monday, Nov. 20, 2023. Abercrombie & Fitch Co. is scheduled to release earnings figures on November 21. Stephanie Keith | Bloomberg | Getty ImagesAbercrombie & Fitch's revenue grew 21% during its fiscal...

Foot Locker (FL) earnings Q2 2024

Foot Locker (FL) earnings Q2 2024

Foot Locker on Wednesday said comparable sales grew for the first time in six quarters as its efforts to refresh its stores and improve the customer experience continue to bear fruit. The beleaguered sneaker company's same-store sales grew 2.6% during its fiscal...

Nordstrom (JWN) earnings Q2 2024

Nordstrom (JWN) earnings Q2 2024

Nordstrom on Tuesday posted earnings that blew past Wall Street's expectations, indicating the department store is making strides in its efforts to cut costs and boost efficiencies. Though the Seattle-based retailer posted earnings per share that were 25 cents higher...

Lego revenue jumps 13% in first half of 2024

Lego revenue jumps 13% in first half of 2024

Customers at a Lego store in Shanghai, China, on Feb. 3, 2024.Costfoto | Nurphoto | Getty ImagesAn inflation-fueled sales slump hit the toy industry in the first half of 2024, but one company is gaining market share brick by brick.On Wednesday, Lego said revenue...

Walmart adds Burger King benefit for Walmart+ members

Walmart adds Burger King benefit for Walmart+ members

A Burger King Whopper hamburger is displayed in San Anselmo, California, on April 5, 2022.Justin Sullivan | Getty ImagesWalmart members are in for a whopper of a deal.The retailer on Thursday announced a new partnership with fast-food chain Burger King that will offer...

Cava Group (CAVA) earnings Q2 2024

Cava Group (CAVA) earnings Q2 2024

Customers arrive at a Cava restaurant in New York City on June 22, 2023.Brendan Mcdermid | ReutersCava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly earnings and revenue.Shares of the...

FDA approves Pfizer, Moderna updated KP.2 shots

FDA approves Pfizer, Moderna updated KP.2 shots

The Food and Drug Administration on Thursday approved updated Covid vaccines from Pfizer and Moderna, putting the new shots on track to reach most Americans in the coming days amid a summer surge of the virus. The jabs target a strain called KP.2, a descendant of the...

Peloton (PTON) earnings Q4 2024

Peloton (PTON) earnings Q4 2024

Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses. The beleaguered connected fitness company, which two board members have run since former CEO Barry...

Peloton to charge $95 activation fee for used bikes

Peloton to charge $95 activation fee for used bikes

Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as more consumers snag lightly used equipment for a fraction of the typical retail price.The used equipment activation...

Target CEO Brian Cornell weighs in on price gouging

Target CEO Brian Cornell weighs in on price gouging

There's no room for price gouging in a ultra-competitive business like retail, Target CEO Brian Cornell said on Wednesday.In an interview on CNBC's "Squawk Box," the retail chief disputed campaign talking points accusing grocers of inflating prices. He said retailers...

Ford delays new EV plant, cancels electric three-row SUV

Ford delays new EV plant, cancels electric three-row SUV

DETROIT – Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans for a three-row electric SUV, the company said Wednesday.Instead, Ford said it will prioritize the development of hybrid models,...

TJX Companies (TJX) earnings Q2 2025

TJX Companies (TJX) earnings Q2 2025

TJX Companies raised its full-year guidance on Wednesday after posting another quarter of strong sales, but its outlook still fell just short of Wall Street's expectations.The discounter behind Marshalls, HomeGoods and TJ Maxx is now expecting full-year earnings to be...

Macy’s (M) Q2 2024 earnings

Macy’s (M) Q2 2024 earnings

Macy's cut its full-year sales forecast Wednesday, as the department store operator said it is contending with selective shoppers and more promotions.The retailer posted a mixed quarter, as it topped Wall Street's earnings expectations but missed on revenue.Macy's...

Target (TGT) Q2 2024 earnings

Target (TGT) Q2 2024 earnings

A Target store stands in Manhattan, New York City, on March 5, 2024.Spencer Platt | Getty ImagesTarget will report quarterly earnings on Wednesday as the retailer tries to make a comeback from a prolonged period of weaker sales and profits.Here is what Wall Street...

Lowe’s (LOW) Q2 2024 earnings

Lowe’s (LOW) Q2 2024 earnings

A Lowe's Home Improvement Warehouse worker collects carts in a parking lot on August 17, 2022 in Houston, Texas.Brandon Bell | Getty Images News | Getty ImagesLowe's on Tuesday cut its full-year forecast, as the home improvement retailer's quarterly sales declined and...

Why Walgreens, CVS retail pharmacies are struggling

Why Walgreens, CVS retail pharmacies are struggling

The abundance of Walgreens and CVS Health stores makes them convenient for whenever Shriya Raghavan, a research associate based in Philadelphia, needs to pick up necessities like gum, deodorant and soap. But she said she often has to wait for employees to unlock...

Polaris Dawn mission launch date, details

Polaris Dawn mission launch date, details

Polaris Dawn commander Jared Isaacman during spacesuit testing.John Kraus / Polaris ProgramSpaceX is preparing to launch its next private mission by the end of the month, featuring the first attempt to have the astronauts step out into space.The Polaris Dawn mission —...

Private jet flights: Covid-era demand wanes

Private jet flights: Covid-era demand wanes

A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington's Reagan National Airport on June 12, 2024, in Arlington, Virginia.J. David Ake | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert...

Chili’s sales boosted by TikTok, fast food rivalry

Chili’s sales boosted by TikTok, fast food rivalry

An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili's same-store sales climb nearly 15% in its latest quarter.But Kevin Hochman, CEO of parent company Brinker International, told CNBC that the chain's strong performance is just a sign...

NBC NBA media rights key for Peacock streaming growth

NBC NBA media rights key for Peacock streaming growth

The NBA logo is seen outside an NBA fan store in New York on July 8, 2024. Angela Weiss | AFP | Getty ImagesExecutives at Comcast's NBC Sports targeted the NBA's media rights renewal on their calendars for years. They wanted the NBA back after losing the games to...

Mars to acquire Kellanova in $36 billion deal

Mars to acquire Kellanova in $36 billion deal

A box of Kellogg Co. Eggo brand frozen waffles is arranged for a photograph in New York.Tiffany Hagler | Bloomberg | Getty ImagesMars will acquire Kellanova for $35.9 billion in cash, tying together some of the largest U.S. candy and snack brands, the companies...

Alaska Airlines flight attendants reject new contract

Alaska Airlines flight attendants reject new contract

An Alaska Airlines Boeing 737-900ER aircraft on the tarmac at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Monday, Jan. 22, 2024. David Ryder | Bloomberg | Getty ImagesAlaska Airlines flight attendants rejected a new labor deal that would...

NASA astronauts waiting for return decision

NASA astronauts waiting for return decision

NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing's Starliner to the International Space Station onNASALog entry: Day 71.Butch Wilmore and Suni Williams are waiting. Boeing is waiting. And throughout the halls of NASA,...

Starbucks new CEO Brian Niccol compensation Chipotle

Starbucks new CEO Brian Niccol compensation Chipotle

Brian Niccol, CEO of ChipotleAnjali Sundaram | CNBCStarbucks offered incoming CEO and Chair Brian Niccol a pay bump and hefty one-time awards to lure him from his prior role as chief executive at Chipotle Mexican Grill.Niccol officially takes the reins at the...

Fed interest rate cut may boost sales

Fed interest rate cut may boost sales

A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan | Getty ImagesJust like Wall Street, Home Depot is closely watching the Federal Reserve's next move.In an interview with CNBC, Chief Financial...

Wall St cheers Brian Niccol appointment

Wall St cheers Brian Niccol appointment

Brian Niccol, CEO of ChipotleAnjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decades-long Howard Schultz era.Starbucks tapped Niccol as its latest chief executive and chair on Tuesday....

Ro launches GLP-1 insurance coverage checker

Ro launches GLP-1 insurance coverage checker

Zoom In IconArrows pointing outwardsThe direct-to-consumer health-care startup Ro launched a new free tool Tuesday to help patients determine whether their insurance covers a buzzy class of weight loss and diabetes drugs called GLP-1s. Most insurance plans cover...

Home Depot (HD) Q2 2024 earnings

Home Depot (HD) Q2 2024 earnings

Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high interest rates and consumer uncertainty dampen demand.The home improvement retailer said it now expects full-year comparable...

Macy’s store closures will change malls

Macy’s store closures will change malls

A customer enters a Macy's store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Justin Sullivan | Getty ImagesMacy's decision to close nearly a third of its stores will spark change in malls and communities across the U.S.Some...

Warner Bros. Discovery (WBD) earnings Q2 2024

Warner Bros. Discovery (WBD) earnings Q2 2024

A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty ImagesWarner Bros. Discovery's stock dropped Wednesday after it reported a $9.1 billion write-down on its TV...

Paramount Global (PARA) Q2 earnings report 2024

Paramount Global (PARA) Q2 earnings report 2024

The Paramount Studios in Los Angeles on April 29, 2024.Eric Thayer | Bloomberg | Getty ImagesParamount Global is cutting 15% of its U.S. workforce, or about 2,000 jobs, part of a broader cost-cutting plan as it prepares for a merger with Skydance Media.Paramount has...

E.l.f. Beauty (ELF) earnings Q1 2025

E.l.f. Beauty (ELF) earnings Q1 2025

E.l.f. Beauty's growth story is still going.The cosmetics retailer on Thursday blew past quarterly estimates again, posting a 50% gain in sales. The company's sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance. That...

Under Armour (UAA) earnings Q1 2025

Under Armour (UAA) earnings Q1 2025

Under Armour on Thursday said quarterly sales fell 14% in North America, and adjusted its full-year profit guidance after settling a years-old securities lawsuit for $434 million.Still, the company beat Wall Street's expectations on the top and bottom lines.Here's how...

Eli Lilly (LLY) earnings Q2 2024

Eli Lilly (LLY) earnings Q2 2024

The Eli Lilly logo is shown on one of the company's offices in San Diego, California, on Sept. 17, 2020.Mike Blake | ReutersEli Lilly on Thursday reported second-quarter earnings and revenue that blew past expectations and hiked its full-year revenue outlook by $3...

Jamie Dimon still sees a recession ahead

Jamie Dimon still sees a recession ahead

JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a "soft landing" for the U.S. economy are around 35% to 40%, making recession the most likely scenario in his mind.When CNBC's Leslie Picker asked Dimon if he had changed his view from...

Inflation, grocery prices a top issue

Inflation, grocery prices a top issue

Kroger, Walmart, and McDonald's.Beata Zawrzel | Nurphoto | Brandon Bell | Getty Images | Kamil Krzaczynski | ReutersExpensive Big Mac meals and fears of surge pricing at grocery stores have put food chains and consumer product companies in politicians'...

‘Wardrobing’ retail fraud soars in the summer

‘Wardrobing’ retail fraud soars in the summer

A particular type of retail fraud soars during the summer season."Wardrobing," in which a shopper buys an expensive item, wears it with the tags on, and then returns the product for a refund, picks up as shoppers bolster their closets for summer vacations, according...

CVS Health (CVS) earnings Q2 2024

CVS Health (CVS) earnings Q2 2024

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024.Patrick T. Fallon | AFP | Getty ImagesCVS Health on Wednesday reported second-quarter earnings that topped expectations, but slashed its full-year profit...

Drugmakers on new negotiated prices with Medicare

Drugmakers on new negotiated prices with Medicare

President Joe Biden speaks during an event at the National Institutes of Health in Bethesda, Maryland, Dec. 14, 2023.Chris Kleponis | Bloomberg | Getty ImagesThink a friend or colleague should be getting this newsletter? Share this link with them to sign up.Good...

Rivian (RIVN) Q2 earnings report 2024

Rivian (RIVN) Q2 earnings report 2024

Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | ReutersRivian Automotive beat Wall Street's top- and bottom-line expectations for the second quarter as...

Disney (DIS) Q3 earnings report 2024

Disney (DIS) Q3 earnings report 2024

The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023.Joe Burbank | Tribune News Service | Getty ImagesDisney reports earnings before...

Disney raises prices for Disney+, Hulu and ESPN+

Disney raises prices for Disney+, Hulu and ESPN+

The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.Presley Ann | Getty Images Entertainment | Getty ImagesDisney is raising prices on its streaming platforms.Starting mid-October, most plans for Disney+,...

Yum Brands (YUM) earnings Q2 2024

Yum Brands (YUM) earnings Q2 2024

A sign is posted in front of a Taco Bell restaurant on May 01, 2024 in Richmond, California. Justin Sullivan | Getty ImagesYum Brands on Tuesday reported a mixed quarter as both Pizza Hut and KFC reported declining same-store sales.Shares of the company fell less than...

Stock climbs on reports of Mars interest

Stock climbs on reports of Mars interest

Signage for Kellanova (K) outside the New York Stock Exchange (NYSE) on September 05, 2023 in New York City.APShares of Kellanova climbed 13% in morning trading Monday on reports of buyout interest. M&M's owner Mars is in talks to acquire the snacking company,...

Morgan Stanley wealth advisors can pitch bitcoin ETFs

Morgan Stanley wealth advisors can pitch bitcoin ETFs

Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major Wall Street banks, CNBC has learned.The firm's 15,000 or so financial advisors can solicit eligible clients to purchase...

Why Kohl’s is betting on babies

Why Kohl’s is betting on babies

Kohl's plans to have 200 Babies R Us shops in its stores by the end of September. The retailer will sell a wide variety of baby gear, including strollers, car seats and cribs.Courtesy: Kohl'sWOODLAND PARK, N.J. — Kohl's is thinking small to rev up its sales.The...

Venu sports streaming pricing set at $42.99 a month

Venu sports streaming pricing set at $42.99 a month

A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game between the Chicago Bears and the Minnesota Vikings at Soldier Field in Chicago on Dec. 20, 2021.Icon Sportswire | Icon Sportswire | Getty ImagesVenu...

Biogen (BIIB) earnings Q2 2024

Biogen (BIIB) earnings Q2 2024

Biogen on Thursday reported second-quarter earnings and revenue that topped estimates and hiked its full-year guidance, as the company's cost cuts showed progress and sales of its breakthrough Alzheimer's drug, Leqembi, and other new products beat expectations. Biogen...

Wayfair (W) earnings Q2 2024

Wayfair (W) earnings Q2 2024

The first Wayfair brick-and-mortar store prepares to open on May 02, 2024 in Wilmette, Illinois. Scott Olson | Getty ImagesOnline home goods company Wayfair saw sales decline in its fiscal second quarter as its CEO likened the current slowdown in the home goods...

Moderna (MRNA) earnings Q2 2024

Moderna (MRNA) earnings Q2 2024

Moderna on Thursday reported second-quarter revenue that beat expectations but slashed its full-year sales guidance, citing lower expected sales in Europe, a "competitive environment" for respiratory vaccines in the U.S. and the potential for deferred international...

Carvana (CVNA) earnings Q2 2024

Carvana (CVNA) earnings Q2 2024

In an aerial view, a sign is posted on the exterior of a Carvana car vending machine on in Daly City, California, on July 19, 2023.Justin Sullivan | Getty ImagesShares of Carvana jumped as much as 14% during after-hours trading Wednesday as the company topped Wall...

AI-powered financial advisor has $20 billion in assets

AI-powered financial advisor has $20 billion in assets

AI-generated responses are becoming more common, whether travelers know or not.Westend61 | Getty ImagesAn automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive artificial intelligence could...

Boeing (BA) earnings Q2 2024

Boeing (BA) earnings Q2 2024

A logo is seen on the Boeing stand on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024.Justin Tallis | AFP | Getty ImagesBoeing is set to report results before the market opens on Wednesday. Analysts are expecting...

2025 Ford Maverick pickup: New tech, hybrid options

2025 Ford Maverick pickup: New tech, hybrid options

DETROIT — Ford Motor has redesigned its small Maverick pickup truck, adding more technology, new performance and hybrid options to the vehicle.Updates to the 2025 Ford Maverick include refreshed exterior and interior styling, including a 13.2-inch center touchscreen;...

Stellantis to offer buyouts to U.S. salaried workers

Stellantis to offer buyouts to U.S. salaried workers

DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits.In an email to employees Tuesday morning, the company said it would offer a voluntary...

Starbucks (SBUX) Q3 2024 earnings

Starbucks (SBUX) Q3 2024 earnings

Starbucks glass art on a store in Tokyo.Jakub Porzycki | Nurphoto | Getty ImagesStarbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday.Here is what Wall Street analysts surveyed by LSEG are expecting:Earnings per share: 93 cents...

Highest class will include snacks, W-Fi, bags

Highest class will include snacks, W-Fi, bags

A Spirit commercial airliner prepares to land at San Diego International Airport in San Diego, California, U.S., January 18, 2024. Mike Blake | ReutersFree Wi-Fi? Free checked bag? Free snacks? On Spirit?The Florida-based carrier that is practically synonymous with...

Merck (MRK) earnings Q2 2024

Merck (MRK) earnings Q2 2024

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Spencer Platt | Getty ImagesMerck on Tuesday reported second-quarter revenue and adjusted earnings that topped Wall Street's expectations as it saw strong sales from its...

Boeing, Airbus orders muted amid supply chain woes

Boeing, Airbus orders muted amid supply chain woes

An Airbus A321 flies at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024.Toby Melville | ReutersFARNBOROUGH, England — Massive airplane orders, hundreds deep in recent years, were absent from this year's biggest air show. The focus instead...

Procter & Gamble (PG) Q4 2024 earnings

Procter & Gamble (PG) Q4 2024 earnings

Procter & Gamble on Tuesday reported mixed quarterly results, but the company's volume increased for the first time in more than two years.Volume excludes pricing, making the metric a more accurate reflection of demand than sales. Over the last several years,...

Pfizer (PFE) earnings Q2 2024

Pfizer (PFE) earnings Q2 2024

Kena Betancur | Corbis News | Getty ImagesPfizer on Thursday reported second-quarter revenue and adjusted earnings that blew past expectations and raised its full-year outlook, benefiting from its broad cost-cutting program, better-than-expected sales of its Covid...

“Deadpool & Wolverine” sets new direction

“Deadpool & Wolverine” sets new direction

Robert Downey Jr. speaks onstage during the Marvel Studios Panel in Hall H at SDCC in San Diego, California on July 27, 2024.Jesse Grant | Getty Images Entertainment | Getty ImagesEditor's note: This article contains spoilers for "Deadpool & Wolverine."Marvel is...

Executives address value and prices

Executives address value and prices

A McDonald's fast-food restaurant in Manhattan, New York, on July 6, 2024.Beata Zawrzel | Nurphoto | Getty ImagesAfter a challenging second quarter, McDonald's executives told restaurant operators and analysts they are refocusing on how to recapture consumers with...

AT&T sued over nude images from customer phone

AT&T sued over nude images from customer phone

Juyochi | Istock | Getty ImagesWireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images or videos from their phones while helping them with in-store data...

Executives say prices are too high

Executives say prices are too high

A McDonald's Big Mac meal.Lauren Decicca | Getty ImagesMcDonald's executives acknowledged Monday that diners consider the company's prices too high as lower-income consumers balk after years of high inflation.During the company's second-quarter earnings call Monday,...

Ford, GM, Stellantis face daunting second half of 2024

Ford, GM, Stellantis face daunting second half of 2024

New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership's lot on October 03, 2023 in Miami, Florida.Joe Raedle | Getty Images News | Getty ImagesDETROIT – The last time shares of Ford Motor dropped by more than 18% in a day, as they did last week, the U.S....

McDonald’s (MCD) Q2 2024 earnings

McDonald’s (MCD) Q2 2024 earnings

A McDonald's restaurant is viewed on July 22, 2024 in Burbank, California.Mario Tama | Getty ImagesMcDonald's is expected to report second-quarter earnings before the bell on Monday.Here's what Wall Street analysts surveyed by LSEG are expecting the company to...

FAA approves SpaceX to resume Falcon 9 rocket launches

FAA approves SpaceX to resume Falcon 9 rocket launches

A Falcon 9 rocket launches a Starlink mission on January 31, 2023 from Vandenberg Space Force Base in California.SpaceXThe Federal Aviation Administration has approved SpaceX to resume flights of its mainstay Falcon 9 rocket after a brief grounding, with Elon Musk's...

Deadpool and Wolverine box office Thursday previews

Deadpool and Wolverine box office Thursday previews

Ryan Reynolds and Hugh Jackman star in Marvel's "Deadpool and Wolverine."DisneyDisney and Marvel's "Deadpool & Wolverine" has secured $38.5 million in Thursday previews and is on pace for a domestic debut north of $150 million, which would be a record for an...

Sales of $100 million homes set to double this year

Sales of $100 million homes set to double this year

A view of the Central Park Tower at 217 West 57th St. in New York City.Source: Cody Boone, SERHANT StudiosA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign...

Bristol Myers Squibb (BMY) earnings Q2 2024

Bristol Myers Squibb (BMY) earnings Q2 2024

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023.Adam Glanzman | Bloomberg | Getty ImagesBristol Myers Squibb on Friday reported second-quarter earnings and revenue that topped expectations...

GM’s newest sports car tops 1,000 horsepower

GM’s newest sports car tops 1,000 horsepower

2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package.DETROIT — General Motors' newest Chevrolet Corvette will be the most powerful version of the American sports car ever produced — and it's not even close.The Detroit automaker said Thursday the 2025 Chevy...

Hasbro (HAS) earnings Q2 2024

Hasbro (HAS) earnings Q2 2024

Hasbro board games are seen for sale at a Target store on December 12, 2023 in Austin, Texas. Brandon Bell | Getty ImagesToy company Hasbro beat Wall Street expectations for the second-quarter on Thursday, thanks in part to growth in its digital gaming segment. Shares...

Southwest Airlines (LUV) earnings Q2 2024

Southwest Airlines (LUV) earnings Q2 2024

Southwest Airlines on Thursday forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to discount tickets during what is usually the most lucrative period of the year.Southwest said unit revenue for the...

Keurig Dr Pepper (KDP) Q2 2024 earnings

Keurig Dr Pepper (KDP) Q2 2024 earnings

In this photo illustration, cans of Dr Pepper soda are displayed on June 03, 2024 in San Anselmo, California.Justin Sullivan | Getty ImagesKeurig Dr Pepper reported quarterly earnings and revenue that met analysts' expectations on Thursday as higher prices fueled its...

American Airlines (AAL) earnings Q2 2024

American Airlines (AAL) earnings Q2 2024

An American Airlines Boeing 737 MAX 8 aircraft approaches San Diego International Airport for a landing from Phoenix on June 28, 2024 in San Diego, California. Kevin Carter | Getty ImagesAmerican Airlines is forecasting a drop in unit revenue of as much as 4.5% for...

Chipotle Mexican Grill (CMG) Q2 2024 earnings

Chipotle Mexican Grill (CMG) Q2 2024 earnings

A Chipotle restaurant in New York on July 3, 2023.Jeenah Moon | Bloomberg | Getty ImagesChipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts' expectations as it saw higher traffic at its restaurants, bucking an industry...

AMC warns of Q2 2024 earnings ‘weakness’

AMC warns of Q2 2024 earnings ‘weakness’

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014.Richard Levine | Corbis News | Getty ImagesAMC Entertainment on Wednesday warned investors of declines in key metrics during the second quarter, sending its shares down more than 7%.The...

Ford Motor (F) earnings Q2 2024

Ford Motor (F) earnings Q2 2024

The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT – Ford Motor is set to report second-quarter earnings after the markets close Wednesday.The Detroit automaker's results are expected to be relatively healthy,...

GM slows its EV plans again even as sales grow

GM slows its EV plans again even as sales grow

GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland / CNBCDETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck...

June home sales slump, pointing to a buyer’s market

June home sales slump, pointing to a buyer’s market

Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024.Steve Pfost | Newsday | Getty ImagesSales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized...

UPS earnings Q2 2024

UPS earnings Q2 2024

A person walks into a UPS (United Parcel Service) customer center on April 1, 2024 in Los Angeles, California. Mario Tama | Getty ImagesUnited Parcel Service on Thursday reported profit and revenue for the second-quarter that came in below expectations and cut its...

Coca-Cola (KO) Q2 2024 earnings

Coca-Cola (KO) Q2 2024 earnings

Coca-Cola beverages are offered for sale in Chicago on April 30, 2024.Scott Olson | Getty ImagesCoca-Cola on Tuesday raised its full-year outlook as global demand for its drinks rose in the second quarter.Shares of the company rose more than 1% in premarket...

Comcast (CMCSA) earnings Q2 2024

Comcast (CMCSA) earnings Q2 2024

A Comcast service van in Miami.Getty ImagesComcast reports second-quarter earnings before the bell on Tuesday, and Wall Street will be paying close attention to subscriber growth — for both the broadband and streaming businesses.Here is how Comcast is expected to...

Best Buy unveils plans to grow sales, cash in on AI

Best Buy unveils plans to grow sales, cash in on AI

Microsoft PCs on display at a Best Buy store in Secaucus, N.J. Melissa Repko | CNBCBest Buy on Tuesday announced new plans to try to reverse a two-year sales slump and cash in on a much-awaited replacement cycle of pandemic-era purchases and a fresh wave of...

Warner Bros. Discovery says it will match Amazon

Warner Bros. Discovery says it will match Amazon

Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal carved out for Amazon Prime Video,...

General Motors (GM) earnings Q2 2024

General Motors (GM) earnings Q2 2024

A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023.Brandon Bell | Getty ImagesDETROIT — General Motors is set to report second-quarter results before the bell Tuesday.Wall Street expects GM to be the...

McDonald’s to extend $5 value meal in most markets

McDonald’s to extend $5 value meal in most markets

In an aerial view, a customer walks by a sign as they leave a McDonald's restaurant on April 03, 2023 in San Pablo, California.Justin Sullivan | Getty ImagesMcDonald's will extend its $5 value meal beyond its initial four-week window in most of its U.S. markets, as...

Flight cancellations persist after IT outage

Flight cancellations persist after IT outage

The United Airlines terminal on July 19, 2024 as a global technology outage affected LAX airport in Los Angeles. Myung J. Chun | Los Angeles Times | Getty ImagesFlight cancellations and delays continued on Saturday as airlines worked to recover from a global IT outage...

Korean Air orders at least 40 Boeing wide-body planes

Korean Air orders at least 40 Boeing wide-body planes

A Boeing 777X airplane takes off during its first test flight from the company's plant in Everett, Washington, January 25, 2020.Terray Sylvester | ReutersFARNBOROUGH, England — Boeing won orders for at least 40 wide-body jetliners from Korean Air, including the...

With media in upheaval, Netflix stays out of the fray

With media in upheaval, Netflix stays out of the fray

A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesNetflix's second-quarter earnings report contained no bombshells, and that's just fine for the company and its investors.In recent weeks, Paramount...

Warner Bros. Discovery match period starts

Warner Bros. Discovery match period starts

Jaylen Brown, #7 of the Boston Celtics, shoots a three-point basket against the Dallas Mavericks during Game 5 of the 2024 NBA Finals at TD Garden in Boston on June 17, 2024.Nathaniel S. Butler | National Basketball Association | Getty ImagesWith National Basketball...

Netflix (NFLX) earnings Q2 2024

Netflix (NFLX) earnings Q2 2024

The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty ImagesNetflix reports its second-quarter earnings after the bell on Thursday, and Wall Street will be paying close attention to any details or...

Ford to expand large truck production to Canada

Ford to expand large truck production to Canada

2023 Ford Super Duty F-350 LimitedFordDETROIT – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub.The new plans include investing about $3 billion to expand...

Can Boeing get back to its glory days?

Can Boeing get back to its glory days?

An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua...

United (UAL) earnings Q2 2024

United (UAL) earnings Q2 2024

United Airlines planes at Denver International Airport.Leslie Josephs | CNBCUnited Airlines' second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier's results, but its third-quarter forecast came in shy of...

GM to up production of high-output V8 SUV

GM to up production of high-output V8 SUV

2025 Cadillac Escalade V-Series SUVCadillacDETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the 2025 model year.The new SUV features a standard 55-inch diagonal display...

Spirit Airlines issues second-quarter loss warning

Spirit Airlines issues second-quarter loss warning

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines said Tuesday it would post a wider-than-expected loss for the last...

New Balance, WNBA sign multiyear partnership

New Balance, WNBA sign multiyear partnership

Cameron Brink #22 of the Los Angeles Sparks plays defense against Bridget Carleton #6 of the Minnesota Lynx on June 5, 2024 at Crypto.com Arena in Los Angeles, California. Juan Ocampo | National Basketball Association | Getty ImagesNew Balance on Tuesday announced a...

6 categories cheaper today than before pandemic

6 categories cheaper today than before pandemic

It's the nature of prices to go up over time, even in low-inflation environments. Historically, the target for the U.S. Federal Reserve has been 2% annual inflation.So when worldwide events like the Covid-19 pandemic push inflation well above that 2% target, it can be...

Morgan Stanley (MS) earnings Q2 2024

Morgan Stanley (MS) earnings Q2 2024

Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, 2023. Jeenah Moon | Bloomberg | Getty ImagesMorgan Stanley is set to report second-quarter earnings before the opening bell Tuesday. Here's...

Bank of America (BAC) earnings Q2 2024

Bank of America (BAC) earnings Q2 2024

CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing titled "Annual Oversight of Wall Street Firms," in Hart Building on...

Trump assassination attempt: Wall Street CEOs react

Trump assassination attempt: Wall Street CEOs react

JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023.Evelyn Hockstein | ReutersThe leaders of Wall Street's...

Goldman Sachs (GS) earnings 2Q 2024

Goldman Sachs (GS) earnings 2Q 2024

David Solomon, Goldman Sachs interview with David Faber, September 7, 2023.CNBCGoldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday.Here's what Wall Street expects:Earnings: $8.34 per share, according to LSEGRevenue: $12.46...

Tour $60 million mansion in Delray Beach, Florida

Tour $60 million mansion in Delray Beach, Florida

The Mar Pietra compound in Delray Beach, Florida, is being offered at $60 million.Daniel PetroniThe owner of a beachfront mansion in Delray Beach, Florida, is looking to shatter a local price record with a home that delivers old-school Italian flair above ground and...

Women set to inherit $9 trillion

Women set to inherit $9 trillion

Charday Penn | E+ | Getty ImagesUp to $9 trillion is expected to be passed along to spouses and partners in the coming years as part of what's being called "the horizontal wealth transfer," according to a new report.Over the next 20 to 30 years, aging baby boomers and...

Citigroup (C) earnings Q2 2024

Citigroup (C) earnings Q2 2024

CEO of Citi, Jane Fraser during the panel on Tech and finance - tailwinds and headwinds at the Global Hong Kong Global Financial Leaders Investment Summit on November 7, 2023 in Hong Kong, China.Vernon Yuen | Nurphoto | Getty ImagesCitigroup on Friday posted...

JPMorgan Chase (JPM) earnings Q2 2024

JPMorgan Chase (JPM) earnings Q2 2024

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, April 23, 2024. Victor J. Blue | Bloomberg | Getty ImagesJPMorgan Chase is scheduled to report...

Delta CEO says Paris Olympics will cost it $100 million

Delta CEO says Paris Olympics will cost it $100 million

This picture taken in Paris on March 3, 2024, shows the silhouette of the Eiffel Tower and the city skyline with cloudy weather.Stefano Rellandini | Afp | Getty ImagesFor more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands...

PepsiCo (PEP) earnings Q2 2024 earnings

PepsiCo (PEP) earnings Q2 2024 earnings

Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas, United States on November 17, 2023.Jakub Porzycki | Nurphoto | Getty ImagesPepsiCo reported mixed quarterly results Thursday, hurt by declining demand in North America for its drinks...

FanDuel, DraftKings prepare for gambling rise

FanDuel, DraftKings prepare for gambling rise

The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics.Sopa Images | Lightrocket | Getty ImagesSportsbooks and daily fantasy operators are preparing for a Summer Olympics...

Audi, Inter Miami CF strike multiyear partnership

Audi, Inter Miami CF strike multiyear partnership

Volkswagen-owned Audi has struck a multiyear partnership with Inter Miami CF as the team's official automotive partner.Courtesy: AudiAudi is driving up its sports investments and becoming the official automotive partner of Inter Miami CF.The Volkswagen-owned company...

Delta Air Lines (DAL) earnings Q2 2024

Delta Air Lines (DAL) earnings Q2 2024

Nurphoto | Nurphoto | Getty ImagesDelta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its earnings forecast fell short of analysts' estimates.Shares of Delta fell about 7% in premarket trading. Here's...

Walmart to open five automated distribution centers

Walmart to open five automated distribution centers

Automated distribution centers for Walmart grocery business.Courtesy: WalmartWalmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases efficiency and its online grocery business grows.The...

First Ariane 6 launch of European rocket

First Ariane 6 launch of European rocket

This photograph shows the takeoff of the European Space Agency satellite launcher Ariane 6 rocket from its launch pad, at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024.Jody Amiet | AFP | Getty ImagesThe powerful European-built Ariane 6 rocket made...

Gravitics lands $125 million order from Axiom

Gravitics lands $125 million order from Axiom

A pathfinder for Gravitics' 4-meter space station module design in use for developing manufacturing and assembly methods.GraviticsWashington-based startup Gravitics has signed a $125 million contract to expand Axiom Space's planned space station, the latest deal in...

Why theater owners are worried

Why theater owners are worried

The Paramount Studios in Los Angeles on April 29, 2024.Eric Thayer | Bloomberg | Getty ImagesMore consolidation, more problems — that's the latest fear gripping the theatrical industry.After a monthslong negotiation process, Paramount and Skydance have struck a merger...

Streaming alliances top of mind

Streaming alliances top of mind

Drew Angerer | Getty ImagesMedia and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances.Allen & Co.'s annual conference, often referred to as "summer camp for billionaires," kicks...

Walmart, Chipotle criticized over prices

Walmart, Chipotle criticized over prices

When Walmart announced earlier this summer that it would add digital shelf labels to more of its stores, the discounter said the move would cut another tedious task from store workers' to-do lists.Customers didn't necessarily see it that way. On TikTok, some...

Bertoletti wins after Joey Chestnut debacle

Bertoletti wins after Joey Chestnut debacle

Patrick Bertoletti, Geoffrey Esper and other contestants compete in the 2024 Nathan's Famous Fourth of July International Hot Dog Eating Contest at Coney Island in New York City, U.S., July 4, 2024.Jeenah Moon | ReutersThere's a new top dog in the frankfurter eating...

Ford sales Q2 2024 edge 1% higher

Ford sales Q2 2024 edge 1% higher

Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 05, 2024 in Chicago, Illinois.Scott Olson | Getty ImagesFord sales rose 1% during the second quarter over the year-earlier period, led by a 5% gain in truck sales, the automaker said...

McDonald’s, Yum, Wendy’s test tech

McDonald’s, Yum, Wendy’s test tech

The drive-thru menu at a McDonald's restaurant showing various meal options and promotions, in Buttonwillow in Kern County, California, on 23, 2024.Smith Collection | Gado | Archive Photos | Getty ImagesSearching for ways to lower labor costs, restaurants are hoping...

Concerns grow over gambling addiction in the military

Concerns grow over gambling addiction in the military

Sinenkiy | Istock | Getty ImagesIn the wake of 9/11 on an American military base in South Korea, then-Army Staff Sergeant Dave Yeager sat down at a slot machine operated by the Defense Department and made what he now calls the biggest mistake a budding problem gambler...

FDA approves Eli Lilly Alzheimer’s drug donanemab

FDA approves Eli Lilly Alzheimer’s drug donanemab

A sign with the company logo sits outside of the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana.Scott Olson | Getty ImagesThe Food and Drug Administration on Tuesday approved Eli Lilly's Alzheimer's drug donanemab, expanding...

Peloton staves off liquidity crunch in global refinance

Peloton staves off liquidity crunch in global refinance

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 ImagesPeloton no longer faces an imminent liquidity crunch after a massive...

GM Q2 2024 auto sales: Best since 2020

GM Q2 2024 auto sales: Best since 2020

DETROIT — General Motors reported its best quarterly sales in more than three years, including notable increases in full-size pickup trucks and all-electric vehicles.The Detroit automaker on Tuesday reported sales of 696,086 for the second quarter, up 0.6% from a year...

Americans caught in fintech’s false FDIC promise

Americans caught in fintech’s false FDIC promise

Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11.Courtesy: Natasha CraftWhen Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to...

Boston Celtics for sale after NBA championship

Boston Celtics for sale after NBA championship

A "Believe In Boston" flag flies during the duck boat parade celebrating the team's 18th NBA championship. Stan Grossfeld | Boston Globe | Getty ImagesThe National Basketball Association champions are up for sale.The Boston Celtics' ownership group announced Monday...

Inside Starbucks plans to improve stores

Inside Starbucks plans to improve stores

Starbucks Coffee shop in Krakow, Poland on February 29, 2024. Beata Zawrzel | Nurphoto | Getty ImagesStarbucks cafes across the country are starting to change how they make drink orders, among other tweaks designed to reduce bottlenecks and long wait times that have...

More companies stay quiet, but donations keep flowing

More companies stay quiet, but donations keep flowing

Parade participants are seen marching during the 2024 Kentuckiana Pride Parade on June 15, 2024 in Louisville, Kentucky. Stephen J. Cohen | Getty ImagesPride month is winding down — and this year, the corporate world took a more cautious approach.June tends to bring a...

All the car options on the ‘electrified’ market

All the car options on the ‘electrified’ market

GM launched 'EV Live,' a free online platform that connects electric vehicle owners or consumers who have questions about zero-emissions cars and trucks with an expert who can answer them.Courtesy: GMDETROIT — Purchasing a vehicle has never been that easy. But...

$30,000 EV coming in two and a half years, at a profit

$30,000 EV coming in two and a half years, at a profit

An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023.Nathan Howard | Getty ImagesFord Motor expects to introduce a $30,000 all-electric vehicle that will be profitable in roughly two and a half years, CEO Jim Farley...

Drug prices have risen almost 40% over the past decade

Drug prices have risen almost 40% over the past decade

Mike Mergen | Bloomberg | Getty ImagesThe cost of prescription medications in the U.S. has increased 37% since 2014, far surpassing the rate of inflation, according to data from drug savings company GoodRx.Though the price increases have slowed this year in comparison...

Nike (NKE) earnings Q4 2024

Nike (NKE) earnings Q4 2024

Nike shoes and logo are seen at a store in Nice, France on May 28, 2024.Jakub Porzycki | Nurphoto | Getty ImagesShares of Nike plunged on Thursday after the retailer cut its full-year guidance and said it expects sales to drop 10% during its current quarter as it...

Tesla loses its EV quality edge

Tesla loses its EV quality edge

A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California on May 15, 2024. Patrick T. Fallon | AFP | Getty ImagesTesla is losing its lead over legacy automakers in the quality of its new all-electric...

Home prices begin to cool as active listings jump 35%

Home prices begin to cool as active listings jump 35%

A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBCSome of the heat is coming out of home prices, even though they're still higher than they were a year ago.Several new reports show the price gains are shrinking and home sellers are...

SpaceX wins NASA contract for ISS reentry destruction

SpaceX wins NASA contract for ISS reentry destruction

A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024.Maxar Technologies | Via ReutersNASA will have a spacecraft from Elon Musk's SpaceX guide the International Space Station's destruction later this...

Walgreens (WBA) earnings Q3 2024

Walgreens (WBA) earnings Q3 2024

In an aerial view, a customer enters a Walgreens store on January 04, 2024 in San Pablo, California. Justin Sullivan | Getty ImagesWalgreens on Thursday reported fiscal third-quarter earnings that fell short of expectations and slashed its full-year adjusted profit...

All 31 banks pass annual exercise

All 31 banks pass annual exercise

Federal Reserve Board Vice Chair for Supervision Michael Barr testifies before a House Financial Services Committee hearing on the response to the bank failures of Silicon Valley Bank and Signature Bank, on Capitol Hill in Washington, D.C., on March 29, 2023.Kevin...

Levi (LEVI) earnings Q2 2024

Levi (LEVI) earnings Q2 2024

Denim is having a moment with consumers, but it hasn't led to a major sales boost at Levi Strauss. The jeans creator on Wednesday posted fiscal second-quarter revenue that fell just short of Wall Street's expectations at a time when shoppers are stocking their...

Southwest Airlines cuts revenue forecast

Southwest Airlines cuts revenue forecast

A Southwest Airlines jet is parked Ellison Onizuka Kona International Airport at Kehole awaiting passengers on January 20, 2024 in Kailua-Kona, Hawaii.Kevin Carter | Getty ImagesSouthwest Airlines shares fell roughly 4% in premarket trading on Wednesday after the...

FedEx (FDX) earnings Q4 2024

FedEx (FDX) earnings Q4 2024

A pedestrian walks by a parked FedEx delivery truck on March 21, 2024 in San Francisco, California.Justin Sullivan | Getty ImagesFedEx shares soared more than 15% after hours Tuesday after the company reported results that topped analysts' estimates in both earnings...

Volkswagen takes $1 billion stake in EV maker

Volkswagen takes $1 billion stake in EV maker

Workers assemble second-generation R1 vehicles at electric automaker Rivian's manufacturing facility in Normal, Illinois, on June 21, 2024.Joel Angel Juarez | ReutersVolkswagen Group plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an...

Delta, United compete to be America’s luxury airline

Delta, United compete to be America’s luxury airline

An Airbus A330-323 aircraft, operated by Delta Air Lines.Benoit Tessier | ReutersDelta Air Lines is the country's most profitable airline. CEO Ed Bastian's challenge is to make sure his carrier stays on top.The airline's unit revenue, the amount it brings in for every...

VW 2025 Jetta updated to boost sales

VW 2025 Jetta updated to boost sales

Volkswagen on Tuesday announced updates for its 2025 Jetta sedan to boost sales amid industry-wide affordability concerns.The entry-level version of the Jetta with an automatic transmission will start at $21,995 when it goes on sale, expected by the end of the third...

Delta One JFK lounge opens. Here’s what’s inside

Delta One JFK lounge opens. Here’s what’s inside

The bar at the Delta One lounge at New York's John F. Kennedy International Airport.Leslie Josephs | CNBCDelta Air Lines' most exclusive airport lounge opens this week to travelers flying on the right ticket.The Delta One lounge at the carrier's hub in John F. Kennedy...

Paramount+ to increase prices for its streaming plans

Paramount+ to increase prices for its streaming plans

Paramount Global is hiking the price of its flagship streaming service as the company looks to turn around its business.The company said Monday it will raise the price of the Paramount+ with Showtime plan by $1 to $12.99 a month, and the price of its Paramount+...

Shein confidentially files for London IPO

Shein confidentially files for London IPO

Shein sign during its opening, at ABC Serrano, on 26 April, 2024 in Madrid, Spain. Alejandro Martinez Velez | Europa Press | Getty ImagesFast fashion giant Shein has confidentially filed for a public listing in London, a person familiar with the matter told CNBC. It...

Home prices hit record high in May as sales stall

Home prices hit record high in May as sales stall

Sales of previously owned homes are sitting at a 30-year low and didn't move much in May as prices hit a new record and mortgage rates remain high.So-called existing home sales in May were essentially flat, down 0.7% from April to a seasonally adjusted, annualized...

Shein US IPO is dead, experts say

Shein US IPO is dead, experts say

The Shein logo can be seen on a smartphone, while the Chinese online retailer's website is open on a laptop. Monika Skolimowska | Picture Alliance | Getty ImagesChina-founded e-commerce company Shein's hopes of going public in the United States are growing slimmer by...

Gilead PrEP lenacapavir succeeds in Phase 3 trial

Gilead PrEP lenacapavir succeeds in Phase 3 trial

Gilead's experimental twice-yearly medicine to prevent HIV was 100% effective in a late-stage trial, the company said Thursday.None of the roughly 2,000 women in the trial who received the lenacapavir shot had contracted HIV by an interim analysis, prompting the...

Darden Restaurants (DRI) Q4 2024 earnings

Darden Restaurants (DRI) Q4 2024 earnings

Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida. Universal Images Group | Getty ImagesDarden Restaurants on Thursday reported mixed quarterly results as Olive...

Inside Out 2, Despicable Me 4 could boost box office

Inside Out 2, Despicable Me 4 could boost box office

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar's "Inside Out 2."Disney | PixarA big piece has been missing from the box office — family films.A handful of kid-friendly hits — Universal's "Super Mario Bros." chief among them — have...

Watch live Boeing CEO Dave Calhoun Senate testimony

Watch live Boeing CEO Dave Calhoun Senate testimony

[The stream is slated to start at 2:00 PM ET. Please refresh the page if you do not see a player above at that time.]Boeing CEO Dave Calhoun will face questions from the Senate Permanent Subcommitee on Investigations on Tuesday over quality control concerns and...

How the once-promising EV maker went bottom-up

How the once-promising EV maker went bottom-up

Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California.Patrick T. Fallon | AFP | Getty ImagesFisker on...

Gen X stands to gain the most, study finds

Gen X stands to gain the most, study finds

Fg Trade | E+ | Getty ImagesGeneration X may be the biggest beneficiaries from the $84 trillion Great Wealth Transfer in the next 10 years, according to a new study.While millennials and members of Generation Z are expecting the biggest inheritances in the coming...

Candy makers face steep cocoa prices, get creative

Candy makers face steep cocoa prices, get creative

Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Ferley Ospina | Bloomberg | Getty ImagesThere's pricing pressure taking hold of a specific corner of global agriculture...

Netflix needs NFL Christmas games broadcast partner

Netflix needs NFL Christmas games broadcast partner

Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty ImagesNetflix is trying to get ready...

GameStop annual shareholder meeting 2024 servers crash

GameStop annual shareholder meeting 2024 servers crash

Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | ReutersGameStop's annual shareholder meeting was disrupted by computer problems Thursday, as servers crashed...

Jeep sales expected to grow 50% by 2027

Jeep sales expected to grow 50% by 2027

 Jeep Wagoneer S Trailhawk EV conceptMichael Wayland / CNBCAUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, as the automaker attempts to leverage the quintessential American SUV brand for increased...

Ford ends EV dealership program

Ford ends EV dealership program

An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023.Nathan Howard | Getty ImagesFord Motor is ending a controversial electric vehicle dealership program that initially asked store owners to invest upward of $1...

Inside Abercrombie and Fitch’s comeback

Inside Abercrombie and Fitch’s comeback

Abercrombie & Fitch has transformed itself from a dying mall brand into a Wall Street darling after spending years revamping its product assortment, overhauling its supply chain and rebranding as an inclusive retailer. Shares of the apparel company have surged...

Paramount Skydance deal ends. What happens next

Paramount Skydance deal ends. What happens next

A view of Paramount Studios in Los Angeles, Sept. 26, 2023.Mario Anzuoni | ReutersNational Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing into question what's next for the legacy media giant during a tumultuous period...

Sony Pictures buys Alamo Drafthouse theater chain

Sony Pictures buys Alamo Drafthouse theater chain

Interior of an Alamo Drafthouse Cinema theater.Alamo DrafthouseFor the first time in more than 75 years, a major Hollywood studio will own a movie theater chain.Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America, the...

Cost cuts, China come into focus

Cost cuts, China come into focus

Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022.Massimo Pinca | ReutersDETROIT – Since spearheading a merger to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. That's...

Jake Paul launching men’s skin care line at Walmart

Jake Paul launching men’s skin care line at Walmart

Jake Paul is launching a personal care brand geared toward men.Courtesy: WJake Paul is entering a new arena: skin care.The YouTube influencer turned-boxer announced on Wednesday the launch of "W," a skin care company targeted toward men.The personal care line, which...

National Amusements stops Skydance talks on Paramount

National Amusements stops Skydance talks on Paramount

The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty ImagesNational Amusements has stopped talks with Skydance on a proposed merger with Paramount Global, ending months of deal discussions without a...

Joey Chestnut out over plant-based partnership

Joey Chestnut out over plant-based partnership

Nathan's Famous Fourth of July International Hot Dog-Eating Contest contestant Joey Chestnut stands next to the Nathan's mascot Frankster, ahead of the official weigh in ceremony in the Manhattan borough of New York City, New York, U.S., July 2, 2021.Angus Mordant |...

Affirm buy now, pay later loans coming later this year

Affirm buy now, pay later loans coming later this year

Chris Ratcliffe | Bloomberg | Getty ImagesApple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the companies said Tuesday.Affirm will surface as an option for U.S. Apple Pay users on iPhones and iPads later this year,...

Delta premium economy service coming to NYC-LA flights

Delta premium economy service coming to NYC-LA flights

A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024.Charly Triballeau | Afp | Getty ImagesDelta Air Lines said Monday that it will bring its...

Child care crisis costs U.S. businesses

Child care crisis costs U.S. businesses

Vadym Buinov | Moment | Getty ImagesThe Covid-19 pandemic brought to the surface both cracks and resilience in the American economy, with child care taking center stage as day cares shuttered, schools went remote and parents attempted to juggle their children with...

FDA approves GSK RSV vaccine for adults 50 to 59

FDA approves GSK RSV vaccine for adults 50 to 59

A view shows GlaxoSmithKline headquarters in London, Britain, January 17, 2022.Hannah Mckay | ReutersThe Food and Drug Administration on Friday expanded the approval of GSK's respiratory syncytial virus vaccine to adults ages 50 to 59 who are at increased risk of...

Trustee says $85 million of customer savings is missing

Trustee says $85 million of customer savings is missing

Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021.Al Drago | Bloomberg | Getty ImagesThere is an $85 million shortfall...

Spirit Airlines CEO says not considering chapter 11

Spirit Airlines CEO says not considering chapter 11

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines CEO Ted Christie said Friday that the budget airline isn't...

U.S. millionaire population grew by 600,000 last year

U.S. millionaire population grew by 600,000 last year

B2m Productions | Digitalvision | Getty ImagesThe U.S. far outpaced the rest of the world in minting millionaires last year, adding 600,000 new millionaires and powering record fortunes at the top, according to a new study.America's millionaire population grew 7.3% in...

GM EVs at Costco Auto help drive electric vehicle sales

GM EVs at Costco Auto help drive electric vehicle sales

Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesDETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles: Costco Wholesale.The Detroit...

Rivian R1 pickup and SUV redesigned with Nvidia chips

Rivian R1 pickup and SUV redesigned with Nvidia chips

Rivian Automotive has redesigned its all-electric R1 pickup and SUV models to improve range, performance and computing power with the help of Nvidia chips, the company said Thursday.While the 2025 model-year vehicles do not outwardly look too different than the...

Boeing Starliner ISS docking delayed

Boeing Starliner ISS docking delayed

Boeing's Starliner capsule is seen while approaching the International Space Station on June 6, 2024 with two NASA astronauts on board.NASA TVBoeing's Starliner capsule is making a delayed docking attempt with the International Space Station on Thursday, after NASA...

PGA, Saudi-backed LIV active discussions merger

PGA, Saudi-backed LIV active discussions merger

The PGA Tour and the Saudi-backed LIV Golf have been in active discussions, according to a person familiar with the matter, one year after the two entities stunned the world and announced on CNBC that they had agreed in principle to join forces.The talks between the...

Lululemon (LULU) earnings Q1 2024

Lululemon (LULU) earnings Q1 2024

Lululemon's growth in the Americas, its largest market, appears to be stalling after the retailer on Wednesday reported flat comparable sales in the region and weak guidance for the current quarter. The athletic apparel retailer handily beat Wall Street's earnings...

Electric air taxi maker gets key FAA signoff

Electric air taxi maker gets key FAA signoff

Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, on Aug. 2, 2023.Carlos Barria | ReutersThe Federal Aviation Administration has granted Archer Aviation a key certification that gets the...

Boeing Starliner to launch first NASA astronauts

Boeing Starliner to launch first NASA astronauts

Boeing aims to launch its first Starliner flight with astronauts on Wednesday, in the latest attempt to fly the long-delayed spacecraft.The launch is scheduled for 10:52 a.m. ET from Cape Canaveral, Florida. Two NASA astronauts will be aboard the Starliner capsule,...

Dollar Tree (DLTR) earnings Q1 2024

Dollar Tree (DLTR) earnings Q1 2024

An exterior view of a Dollar Tree store in Bloomsburg Pennsylvania. Paul Weaver | Sopa Images | Lightrocket | Getty ImagesDollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand.The company had recently shared plans to...

NBA, NHL voice concerns over reorganization

NBA, NHL voice concerns over reorganization

A Bally Sports display is shown in the eighth inning of the game between the Houston Astros and Minnesota Twins at Target Field in Minneapolis, Minnesota, April 9, 2023.David Berding | Getty Images Sport | Getty ImagesThe NBA and NHL are concerned over Diamond Sports'...

Max increases prices before House of the Dragon

Max increases prices before House of the Dragon

In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesWarner Bros. Discovery's Max announced price increases for its ad-free options on Tuesday, as a range of streamers...

Ford U.S. May sales rise thanks to EVs, hybrids

Ford U.S. May sales rise thanks to EVs, hybrids

The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024.Danielle DeVries | CNBCDETROIT – Ford Motor's U.S. new vehicle sales rose 11.2% last month compared to May of last year, boosted by strong sales growth for all-electric and hybrid...

Up to $5 million to fund small businesses

Up to $5 million to fund small businesses

Ira L. Black - Corbis | Corbis News | Getty ImagesThe U.S. Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses, SBA Administrator Isabel Casillas Guzman told CNBC.The SBA is launching a working...

Paramount, Skydance agree to terms of a merge deal

Paramount, Skydance agree to terms of a merge deal

The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023.Getty ImagesParamount and Skydance have agreed to terms of a merger, which will likely be announced in the coming days, CNBC's David Faber reported Monday.A...

Yotta CEO says 85,000 bank accounts locked

Yotta CEO says 85,000 bank accounts locked

Oscar Wong | Moment | Getty ImagesWhen Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to save money to help them cushion the ups and downs of life.Instead, his company has inadvertently been a source of deep pain...

FDA approves Moderna RSV vaccine for seniors

FDA approves Moderna RSV vaccine for seniors

The FDA has approved Moderna's RSV vaccine for older adults.Courtesy: ModernaThe Food and Drug Administration on Friday approved Moderna's vaccine for respiratory syncytial virus for adults ages 60 and above, the company's second-ever product to enter the U.S....

Aston Martin gets a boost from Formula 1, new models

Aston Martin gets a boost from Formula 1, new models

With a parade of new models and a marketing tailwind from Formula 1, sports car maker Aston Martin expects to become cash-flow positive this year, according to executive chairman Lawrence Stroll."We're now at a really transitional moment, with an inflection point for...

Nordstrom (JWN) Q1 2024 earnings

Nordstrom (JWN) Q1 2024 earnings

A Citi Bike docking station outside the Nordstrom flagship store in New York on Feb. 21, 2024.Bing Guan | Bloomberg | Getty ImagesNordstrom on Thursday fell short of Wall Street's quarterly earnings expectations as its off-price chain Rack outperformed the rest of its...

Ulta Beauty (ULTA) earnings Q1 2024

Ulta Beauty (ULTA) earnings Q1 2024

Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown.Comparable sales, a metric that tracks Ulta stores open at least 14 months along with online sales, increased 1.6% year over year, a stark slowdown from...

Gap (GPS) earnings Q1 2024

Gap (GPS) earnings Q1 2024

A Gap store in New York, US, on Monday, May 27, 2024. Gap Inc. is scheduled to release earnings figures on May 30. Bloomberg | Bloomberg | Getty ImagesGap posted positive comparable sales at all four of its brands on Thursday, leading the apparel giant to raise its...

Jeep’s first global all-electric SUV at $72,000

Jeep’s first global all-electric SUV at $72,000

2024 Jeep Wagoneer S EVJeepNEW YORK – The first all-electric Jeep SUV for the U.S. will be the 2024 Wagoneer S, starting at about $72,000 when it's scheduled to go on sale this fall.The Stellantis-owned brand revealed the vehicle and pricing Thursday, portraying it as...

Consumers, businesses have turned cautious

Consumers, businesses have turned cautious

Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | ReutersU.S. consumers...

Boeing FAA safety plan is due. Here’s what to expect

Boeing FAA safety plan is due. Here’s what to expect

Boeing 737 Max 8 fuselages manufactured by Spirit Aerosystems in Wichita, Kansas are transported on a BSNF train heading west over the Bozeman Pass March 12, 2019 in Bozeman, Montana. William Campbell | Corbis News | Getty ImagesBoeing CEO Dave Calhoun and other top...

Kohl’s (KSS) earnings Q1 2024

Kohl’s (KSS) earnings Q1 2024

Shoppers walk in front of a Kohl's store in Mount Kisco, New York.Scott Mlyn | CNBCKohl's shares plummeted more than 20% in premarket trading Thursday after the company posted a surprise loss per share, coming in well below Wall Street's expectations for a slight...

Best Buy (BBY) Q1 2025 earnings

Best Buy (BBY) Q1 2025 earnings

Best Buy on Thursday missed Wall Street's quarterly sales expectations, but stressed higher profits and lower costs as softer demand for consumer electronics continues.The retailer beat on earnings per share and stuck by its full-year forecast. It expects revenue will...

Foot Locker (FL) earnings Q1 2024

Foot Locker (FL) earnings Q1 2024

Foot Locker's turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop off that analysts had expected, according to StreetAccount. It also reaffirmed its fiscal year...

American Eagle (AEO) earnings Q1 2024

American Eagle (AEO) earnings Q1 2024

American Eagle on Wednesday said it's making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still, its fiscal first-quarter sales came in weaker than Wall Street expected. Nevertheless, revenue gained 6% year over...

Nelson Peltz sells Disney stake

Nelson Peltz sells Disney stake

Activist investor Nelson Peltz has sold his entire stake in Disney, a person familiar with the matter tells CNBC.Peltz sold all of his Disney stock at roughly $120 a share, the person said, making about $1 billion on the position. The stock currently trades for about...

Affordable Jeep EV coming ‘very soon’ to the U.S.

Affordable Jeep EV coming ‘very soon’ to the U.S.

Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on Oct. 17, 2022.Nathan Laine | Bloomberg | Getty ImagesStellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. "very soon" to better attract mainstream...

Cadillac Optiq EV to start at $54,000

Cadillac Optiq EV to start at $54,000

2025 Cadillac OptiqCadillacDETROIT – General Motors' new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wednesday.The compact-sized crossover is set to be Cadillac's fourth electric vehicle when it goes on sale later this...

Abercrombie & Fitch (ANF) earnings Q1 2024

Abercrombie & Fitch (ANF) earnings Q1 2024

An Abercrombie & Fitch signage is seen on a store on Fifth Avenue on August 25, 2022 in New York City. Michael M. Santiago | Getty ImagesAbercrombie & Fitch reported its strongest first quarter in its history on Wednesday, continuing a winning streak that...

AST SpaceMobile, Verizon partner on satellite internet

AST SpaceMobile, Verizon partner on satellite internet

The company's Block 1 BlueBird satellites undergoing thermal vacuum testing in preparation for launch.AST SpaceMobileSatellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company's recent deal with...

Dick’s Sporting Goods (DKS) earnings Q1 2024

Dick’s Sporting Goods (DKS) earnings Q1 2024

A shopping cart sits in front of a Dick's Sporting Goods store on August 26, 2020 in Daly City, California. Justin Sullivan | Getty Images News | Getty ImagesDick's Sporting Goods on Wednesday said customers are spending more on new sneakers and athletic gear, leading...

Starbucks union negotiations set to resume

Starbucks union negotiations set to resume

People picket outside of a Starbucks store in New York's East Village as Starbucks Workers United have announced that they are waging the company's largest strike Thursday on the coffee company's Red Cup Day on November 16, 2023 in New York City. Spencer Platt | Getty...

Porsche 911 hybrid sports car revealed for $164,900

Porsche 911 hybrid sports car revealed for $164,900

2025 Porsche 911 Targa 4 GTS hybrid sports carPorschePorsche on Tuesday revealed the first-ever production hybrid version of its iconic 911 sports car, with a starting price of $164,900.The 2025 911 Carrera GTS hybrid marks a significant change to the iconic German...

McDonald’s CosMc’s chain expansion

McDonald’s CosMc’s chain expansion

The purple coloring of CosMc's Tropical Spiceade comes from the mix of lemonade, pineapple flavoring and dragonfruit.Nearly six months since McDonald's opened its first CosMc's location, the hours-long drive-thru lines have died down, but the chain is just getting...

4DX movie experience carves out a niche market segment

4DX movie experience carves out a niche market segment

Chris Hemsworth stars as the villainous Dementus in Warner Bros.' "Furiosa: A Mad Max Saga."Warner Bros. DiscoveryIn George Miller's new Mad Max film "Furiosa," a red paint flare explodes and casts the theater screen in a saturated crimson cloud.Feet away, among the...

Resort day passes offers travelers luxury on a budget

Resort day passes offers travelers luxury on a budget

Avid traveler Lora Bowler is cutting back on vacation spending. That doesn't mean she's skipping the resort.The New York resident said she spent more in 2023 than she had expected to, including on travel, and is now reining in her expenses. She uses travel hacks and...

Two CVS pharmacies join new national pharmacy union

Two CVS pharmacies join new national pharmacy union

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on February 7, 2024.Patrick T. Fallon | AFP | Getty ImagesPharmacy staff at two CVS retail stores in Rhode Island voted to join a new national pharmacy union on Friday,...

Starliner astronaut launch moving forward despite leak

Starliner astronaut launch moving forward despite leak

In this handout provided by the National Aeronautics and Space Administration (NASA), a United Launch Alliance Atlas V rocket with Boeing's CST-100 Starliner spacecraft aboard is seen illuminated by spotlights on the launch pad at Space Launch Complex 41 ahead of the...

Eli Lilly invests to increase Mounjaro, Zepbound supply

Eli Lilly invests to increase Mounjaro, Zepbound supply

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan McDermid | ReutersEli Lilly on Friday said it is investing another $5.3 billion in a manufacturing plant in Lebanon, Indiana, to boost supply of its...

What to know about human cases, vaccines

What to know about human cases, vaccines

Cows are seen standing in a feedlot on June 14, 2023 in Quemado, Texas.Brandon Bell | Getty ImagesU.S. health officials are monitoring and preparing to combat bird flu in humans, even as they stress that the risk to the general public remains low. A strain of bird flu...

Advertisers boost retail media spending as TV dwindles

Advertisers boost retail media spending as TV dwindles

An M&M's advertisement seen on a gas pump.Courtesy: GSTVThe next frontier for the ad market isn't on TV — it's in stores and on your phone.Television had long been the key target for advertisers, until tech companies like Alphabet and Meta-owned platforms like...

GM CEO Mary Barra has no plans to retire

GM CEO Mary Barra has no plans to retire

General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM's...

Newly built home sales April

Newly built home sales April

A pile of lumber at a home under construction at the Cold Spring Barbera Homes subdivision in Loudonville, New York, US, on Wednesday Nov. 8, 2023. Angus Mordant | Bloomberg | Getty ImagesSales of newly built homes dropped 4.7% in April compared with March, and fell a...

E.l.f. Beauty (ELF) earnings Q4 2024

E.l.f. Beauty (ELF) earnings Q4 2024

E.l.f Beauty products.Courtesy: e.l.f BeautyE.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer's shares fell as it said it expects its growth to slow.The eyes, lip, face company, known for its viral marketing...

Customers say they can’t access funds

Customers say they can’t access funds

Sarinyapinngam | Istock | Getty ImagesA dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent court documents.Since last year,...

Pfizer announces new cost cutting program

Pfizer announces new cost cutting program

Exterior view of the Pfizer headquarters building on January 29, 2023 in New York City. Kena Betancur | Corbis News | Getty ImagesPfizer on Wednesday said it has launched a new multi-year program to reduce costs as it works to rebound from the rapid decline of its...

GM Chevy Equinox EV goes on sale

GM Chevy Equinox EV goes on sale

GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle on May 16, 2024 in Detroit.Michael Wayland / CNBCDETROIT — The Chevrolet Equinox has been a crucial part of General Motors' lineup for two decades. The vehicle is a quintessential family hauler...

Existing home sales slip in April

Existing home sales slip in April

Homes in the Issaquah Highlands area of Issaquah, Washington, US, on Tuesday, April 16, 2024. David Ryder | Bloomberg | Getty ImagesSales of previously owned homes fell 1.9% in April from March to 4.14 million units, on a seasonally adjusted annualized basis,...

Target (TGT) Q1 2024 earnings

Target (TGT) Q1 2024 earnings

A customer shops at a Target store in Miami, Florida, on May 20, 2024.Joe Raedle | Getty ImagesTarget will report its fiscal first-quarter earnings on Wednesday, just days after it said it would cut prices on thousands of groceries and everyday items.The...

Where U.S. rents are rising

Where U.S. rents are rising

Driven by the new work-from-home dynamic as well as by new migration patterns, rent prices were red-hot during the first years of the pandemic for both single-family and multifamily homes.Now different drivers are pushing some rents higher — and throwing cold water on...

Disney’s Pixar lays off 14% of workforce

Disney’s Pixar lays off 14% of workforce

A bicyclist rides past the entrance to the Pixar Animation Studios headquarters in Emeryville, California, U.S.Bloomberg | Getty ImagesLong-expected layoffs are hitting Pixar Animation Studios today.Pixar will lay off about 175 employees, or around 14% of the studio's...

JPMorgan stock is too expensive

JPMorgan stock is too expensive

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesJamie Dimon thinks...

Short seller alleges misleading investors

Short seller alleges misleading investors

Oddity Il MakiageCoutesy: OddityA short seller on Tuesday alleged that beauty and wellness company Oddity Tech has been misleading investors and isn't the online-only retailer it's claimed to be. The firm, Ningi Research, published a 50-page report that details a slew...

Macy’s (M) Q1 2024 earnings

Macy’s (M) Q1 2024 earnings

The Macy's company logo is seen at the Macy's store on Herald Square on January 19, 2024 in New York City. Macy's department-store chain announced that they will be laying off roughly 2,350 employees which is about 3.5% of their workforce. The company says that it...

Peloton shares plunge after refinancing

Peloton shares plunge after refinancing

A pedestrian walks by a Peloton store in Palo Alto, California, on May 8, 2024.Justin Sullivan | Getty ImagesPeloton shares plunged on Monday after the connected fitness company said it is launching a "global refinancing," as it looks to stave off a cash crunch amid...

Lowe’s (LOW) Q1 2024 earnings

Lowe’s (LOW) Q1 2024 earnings

A shopping cart sits in front of a Lowe's store in Pacoima, California, November 21, 2023.Justin Sullivan | Getty ImagesLowe's topped Wall Street's quarterly earnings and revenue expectations on Tuesday, even as do-it-youself customers bought fewer pricey items.The...

Department stores want younger shoppers

Department stores want younger shoppers

Signage of Macy's, Kohl's and Nordstrom retail stores.Getty ImagesDepartment stores are aging — and so are their customers.For over a century, the stores won over multiple generations with a promise to sell shoppers a wide variety of everything. For many Millennial...

Red Lobster files for bankruptcy

Red Lobster files for bankruptcy

A sign is posted on the exterior of a Red Lobster restaurant on April 17, 2024 in Rohnert Park, California. Justin Sullivan | Getty ImagesRed Lobster has filed for bankruptcy, continuing the process to shrink its footprint and find a buyer, the company said in a...

Companies lean on sports after Hollywood strikes

Companies lean on sports after Hollywood strikes

Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty ImagesMedia giants relied on sports...

Mercedes-Benz workers in Alabama vote against union

Mercedes-Benz workers in Alabama vote against union

United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023.Andi Rice | Bloomberg | Getty ImagesMercedes-Benz workers in Alabama have voted against union representation...

Boeing CEO Dave Calhoun reelected to board

Boeing CEO Dave Calhoun reelected to board

Boeing CEO Dave Calhoun speaks briefly with reporters as he arrives for a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Drew Angerer | Getty ImagesBoeing shareholders voted to re-elect the outgoing CEO Dave...

Dodge, Ram boss Tim Kuniskis to retire from Stellantis

Dodge, Ram boss Tim Kuniskis to retire from Stellantis

Tim Kuniskis, head of Fiat Chrysler's passenger cars division in North America, reveals the 2021 Dodge Durango SRT Hellcat SUV during an online event on July 2, 2020.ScreenshotDETROIT – Stellantis' Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly...

Private deals for mansions, art and cars on the rise

Private deals for mansions, art and cars on the rise

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The rich have taken "quiet wealth" to a new level,...

Canada Goose (GOOS) Q4 earnings report 2024

Canada Goose (GOOS) Q4 earnings report 2024

Chris So | Toronto Star | Getty ImagesShares of Canada Goose surged 16% on Thursday after the company reported earnings for the fiscal fourth quarter and announced it was expecting year-over-year sales growth for fiscal year 2025.Here's how the company did:Earnings...

FDA approves Amgen small cell lung cancer treatment

FDA approves Amgen small cell lung cancer treatment

The Amgen headquarters in Thousand Oaks, California.Eric Thayer | Bloomberg | Getty ImagesThe Food and Drug Administration on Thursday approved Amgen's therapy for patients with the most deadly form of lung cancer. The agency cleared the drug, which will be marketed...

NBA TV rights deal hinges on Warner Bros Discovery

NBA TV rights deal hinges on Warner Bros Discovery

NBA Commissioner Adam Silver speaks to the media during a press conference as part of the 2022 All-Star Weekend at Rocket Mortgage Fieldhouse on February 19, 2022 in Cleveland, Ohio.Jason Miller | Getty ImagesWhether it's two people in a marriage or a company and a...

Grocery sales rise as fast food prices increase

Grocery sales rise as fast food prices increase

Getty Images (L) | Reuters (R)Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles.As fast food gets pricier, the nation's largest grocer sees a sales opportunity.On a call with CNBC on Thursday, Walmart Chief Financial Officer John...

Wayfair to open first large store outside of Chicago

Wayfair to open first large store outside of Chicago

Wayfair store in Wilmette, Illinois.Courtesy: WayfairWhat retail apocalypse?Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies that have turned to brick-and-mortar for growth. In...

Under Armour (UAA) earnings Q4 2024

Under Armour (UAA) earnings Q4 2024

Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted the trend will get worse throughout its current fiscal year. The athletic apparel retailer also saw profits sink by more than...

Walmart (WMT) Q1 2025 earnings

Walmart (WMT) Q1 2025 earnings

People walk near the entrance of a Walmart store in Miami, Florida, on May 14, 2024.Joe Raedle | Getty ImagesWalmart will report earnings on Thursday, as investors look to the nation's largest retailer to gauge the health of American consumers and the strength of the...

Netflix ad tier has 40 million users

Netflix ad tier has 40 million users

Rafael Enrique | Lightrocket | Getty ImagesNetflix's cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday.That's nearly double the 23 million figure the streaming giant shared in January.Separately, Netflix...

Nio’s Onvo brand undercuts Tesla Model Y

Nio’s Onvo brand undercuts Tesla Model Y

Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ChengSHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about...

Walgreens to offer cheaper opioid overdose drug

Walgreens to offer cheaper opioid overdose drug

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021.Andrew Kelly | ReutersWalgreens on Wednesday said it will offer its own cheaper version of the over-the-counter opioid overdose reversal spray...

Twin Peaks, Smokey Bones confidentially file for IPO

Twin Peaks, Smokey Bones confidentially file for IPO

Smokey Bones at Broadcasting Square. Tim Leedy | Medianews Group | Getty ImagesFat Brands said Tuesday it has confidentially filed to take its Twin Peaks and Smokey Bones restaurant chains public through an initial public offering, less than a week after federal...

Peacock, Netflix and Apple TV+

Peacock, Netflix and Apple TV+

Omar Marques | Lightrocket | Getty ImagesComcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying together Peacock, Netflix and Apple TV+ at a discounted rate.The announcement, made Tuesday at the...

Home Depot (HD) Q1 2024 earnings

Home Depot (HD) Q1 2024 earnings

The logo of U.S. home improvement chain Home Depot is seen in Mexico City, Mexico, on Jan. 15, 2020.Luis Cortes | ReutersHome Depot on Tuesday posted quarterly revenue below Wall Street's expectations, as shoppers postponed bigger discretionary projects like bath and...

Novavax stock jumps on Sanofi Covid vaccine deal

Novavax stock jumps on Sanofi Covid vaccine deal

A vial labelled "Novavax V COVID-19 Vaccine" is seen in this illustration taken January 16, 2022. Dado Ruvic | ReutersShares of Novavax jumped as much as 50% on Monday as Wall Street cheered the company's new multibillion-dollar deal with French drugmaker Sanofi that...

Xponential Fitness sees stock whipsaw after CEO ousted

Xponential Fitness sees stock whipsaw after CEO ousted

Anthony Geisler, CEO, Xponential Fitness at the NYSESource: NYSEShares of Xponential Fitness, the parent company of Cyclebar and Pure Barre fitness studios, bounced around in trading Monday after the company announced late Friday that CEO Anthony Geisler would be...

McDonald’s working on $5 value meal

McDonald’s working on $5 value meal

A McDonalds located on Santa Monica Blvd in Los Angeles, California, April 1, 2024.Robert Gauthier | Los Angeles Times | Getty ImagesMcDonald's is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers,...

Fine art sales are down as collectors pull back

Fine art sales are down as collectors pull back

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The key May art sales at major auction houses are...

Promoters offer $2 million VIP package

Promoters offer $2 million VIP package

In this composite image a comparison between Former Boxer Mike Tyson (L) and Jake Paul (R). Tyson and Paul face in July 2024 exhibition fight. Francois Nel | Christian Petersen | Getty ImagesMike Tyson's return to the boxing ring to fight Jake Paul this summer is...

Sinclair explores selling 30% of broadcast stations

Sinclair explores selling 30% of broadcast stations

Signage stands outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S., on Friday, Aug. 10, 2018. Andrew Harrer | Bloomberg | Getty ImagesSinclair, one of the largest owners of broadcast stations in the U.S., is looking to sell more than...

Casinos face shareholder votes over indoor smoking

Casinos face shareholder votes over indoor smoking

A new strategy has emerged in the battle to ban smoking in casinos: the shareholder vote.Shareholders at Boyd Gaming, Bally's Entertainment and Caesars Entertainment will put on the ballot at the respective casino companies proposals to force them to study the costs...

CFPB rule faces possible freeze

CFPB rule faces possible freeze

Epoxydude | Fstop | Getty ImagesA Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort to stave off its implementation.Led by the U.S. Chamber of Commerce, the card...

McDonald’s makes changes to increase mobile sales

McDonald’s makes changes to increase mobile sales

A Big Mac is displayed on a page of the McDonald's appDaniel Acker | Bloomberg | Getty ImagesMcDonald's U.S. franchisees will start paying into a digital marketing fund next year as the fast-food giant looks to expand its booming digital business, according to a memo...

Warner Bros. Discovery (WBD) earnings Q1 2024

Warner Bros. Discovery (WBD) earnings Q1 2024

In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesWarner Bros. Discovery reported first-quarter results on Thursday, missing analyst expectations on both the top...

Movie slate lacks franchise hits

Movie slate lacks franchise hits

Ryan Gosling stars in Universal's "The Fall Guy."UniversalFor the first time since 2009, the box office doesn't have a Marvel film to kick off the summer movie season — and it shows.Since the 2008 release of "Iron Man," Marvel Cinematic Universe films have...

Oddity Tech (ODD) earnings Q1 2024

Oddity Tech (ODD) earnings Q1 2024

As Ulta Beauty says it expects a slowdown in retail's most resilient category, an upstart says it is bucking the trend. Oddity Tech, the newly public Israeli cosmetics platform that uses artificial intelligence to develop products, posted first-quarter results that...

New York tops new list

New York tops new list

New York is the richest city in the world, with 359,500 millionaires and 60 billionaires, although the Bay Area of California is close behind, according to a new study.New York's millionaire population has surged 48% over the past decade, despite fears of wealth...

Disney streaming results improve as cable TV decays

Disney streaming results improve as cable TV decays

The Walt Disney Company CEO Bob Iger attends the Nominees Luncheon for the 95th Oscars in Beverly Hills, California, U.S. February 13, 2023. Mario Anzuoni | ReutersFor Disney, the future is now.It's been five years in the making, but Disney nearly turned a profit in...

What we know about the consumer so far

What we know about the consumer so far

A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty ImagesThe state of the consumer in 2024 is already taking shape — even before the country's major retailers begin to report first-quarter earnings, starting with...

Disney (DIS) earnings Q2 2024

Disney (DIS) earnings Q2 2024

The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023.Joe Burbank | Tribune News Service | Getty ImagesDisney reports its fiscal...

Equinox launches $40,000 ‘Optimize’ membership

Equinox launches $40,000 ‘Optimize’ membership

High-end fitness chain Equinox is launching one of the most expensive gym memberships in the world — a $40,000-per-year program aimed at improving overall health and longevity.Equinox is teaming up with lab-test startup Function Health to launch "Optimize by Equinox,"...

Howard Schultz weighs in on Starbucks earnings miss

Howard Schultz weighs in on Starbucks earnings miss

Howard Schultz, former chief executive officer of Starbucks Corp., drinks from a Starbucks mug during a Senate Health, Education, Labor, and Pensions Committee hearing in Washington, DC, US, on Wednesday, March 29, 2023.Al Drago | Bloomberg | Getty ImagesFormer...

Skydance could drop bid after Sony Apollo offer

Skydance could drop bid after Sony Apollo offer

Shari Redstone, chair of Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on Tuesday, July 11, 2023.David A. Grogan | CNBCSkydance Media is prepared to walk away from its offer for Paramount Global unless it receives...

Wayfair (W) earnings Q1 2024

Wayfair (W) earnings Q1 2024

The Wayfair app on a smartphone arranged in Hastings-on-Hudson, New York.Tiffany Hagler-Geard | Bloomberg | Getty ImagesWayfair's sales slid during its first fiscal quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the...

Moderna (MRNA ) earnings Q1 2024

Moderna (MRNA ) earnings Q1 2024

Nikos Pekiaridis | Nurphoto | Getty ImagesModerna on Thursday posted a narrower-than-expected loss for the first quarter as the company's cost-cutting efforts took hold and sales of its Covid vaccine, its only commercially available product, topped estimates. The...

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