adminHow tariffs will hit the U.S. housing market
New homes being built in Englewood Cliffs, N.J. on Sept. 24th, 2024. Adam Jeffery | CNBC From lumber to drywall to appliances to finishings, much of what goes into a…
Target (TGT) Q4 2024 earnings
Shoppers outside a Target store ahead of Black Friday in Clifton, New Jersey, on Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images Target will report fiscal fourth-quarter…
Foreign retailers Primark, Mango, Uniqlo expand in the U.S.
ELMHURST, NY — One of the newest additions to Queens Center is a store that many local mallgoers may not recognize. Along with well-known mall staples like Macy’s, American Eagle…
Oscars 2025: Complete list of winners
“Anora” came out on top during the 97th Academy Awards on Sunday. The film, distributed by Neon, took home five trophies — best picture, best editing, best director, best original…
Why first-class seats are holding up new airplanes
A Lufthansa First Class “Allegris” cabin, which was set up outside the show. Peter Kneffel | Picture Alliance | Getty Images Heated or cooled seats. Ultra-high-definition TV screens. Benches. Convertible…
$5 million fix to billion-dollar franchise
Paramount Pictures revamped version of Sonic the Hedgehog (r). Source: Paramount Pictures Sonic the Hedgehog may be able to run faster than the speed of light, but his film franchise…
Dodgers deferred salaries spark MLB salary cap questions
Members of the Los Angeles Dodgers celebrate on the field after winning Game 5 to win the 2024 World Series presented by Capital One between the Los Angeles Dodgers and…
Paramount ends DEI policies, cites Trump executive order
The Paramount Global headquarters in New York on Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images Paramount Global told its employees this week that it’s ending numerous diversity,…
American Airlines to start testing free inflight Wi-Fi
The main cabin of a American Airlines Boeing 777-300ER jet. Mary Altaffer | AP American Airlines is planning to test complimentary inflight Wi-Fi starting next week as pressure mounts on…
Warner Bros. Discovery (WBD) Q4 2024 earnings
A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery said…
Elon Musk sends Starlink tech to FAA, says without evidence air safety is ‘at risk’
Elon Musk said Thursday that he’s sending his Starlink satellite internet terminals to the Federal Aviation Administration while saying, without providing evidence, that current technology poses a risk to air…
Lowe’s (LOW) Q4 2024 earnings
A Lowe’s store stands in Brooklyn on February 27, 2024 in New York City. Spencer Platt | Getty Images Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Wednesday…
Elon Musk praises Jeff Bezos Washington Post opinion changes
(L-R) Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the…
Lucid CEO Peter Rawlinson steps down; EV maker plans to double production
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Electric vehicle maker Lucid…
Home Depot (HD) Q4 2024 earnings
Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects. For the full…
Jamie Dimon calls U.S. government ‘inefficient,’ touts Elon Musk’s DOGE effort
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to…
Starbucks to lay off 1,100 corporate workers
Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty Images Starbucks will lay off 1,100 corporate employees…
Home sales drop sharply in January as prices hit high
A “For Sale” sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024. Joe Lamberti | Bloomberg | Getty Images The U.S. housing market continues to weaken,…
IMAX CEO expects $1.2 billion in box office receipts in 2025
General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment…
NY Yankees beard ban is over, Steinbrenner says
Anthony Volpe, Jasson Domínguez and Paul Goldschmidt of the New York Yankees talk during spring training at George M. Steinbrenner Field in Tampa, Florida, on Feb. 19, 2025. New York…
Bluebird Bio gene therapy sells itself to Carlyle and SK Capital
Sopa Images | Lightrocket | Getty Images Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday, marking the…
FDA says Wegovy and Ozempic shortage resolved; Hims & Hers stock falls
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters The long-running U.S. shortage of Novo Nordisk‘s blockbuster weight loss injection Wegovy…
UnitedHealth faces DOJ investigation, buyouts, stock price drop
FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company UnitedHealthcare is shown in Cypress, California April 13, 2016. Mike Blake | Reuters UnitedHealthcare is in…
Rivian (RIVN) earnings Q4 2024
Rivian Automotive beat Wall Street’s fourth-quarter earnings expectations and achieved its first gross quarterly profit — a target closely watched by investors — but is forecasting lower sales in 2025.…
Trump blasts Boeing Air Force One delays, but airlines grow upbeat
Boeing 737s on the ground in Renton, Washington. Leslie Josephs | CNBC President Donald Trump expressed frustration in recent days about the long wait for a pair of Boeing 747s…
Walmart (WMT) Q4 2025 earnings
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Walmart will report its latest quarterly earnings before the…
Aviation groups urge Congress for emergency air traffic control funds
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP…
KFC moves U.S. headquarters from Kentucky to Texas
Signage outside a Yum Brands Inc. KFC restaurant in Shelbyville, Kentucky, on Jan. 29, 2021. Luke Sharrett | Bloomberg | Getty Images KFC is leaving Kentucky. The fried chicken chain’s…
Nike teams up with Skims to launch new brand
Mannequins displaying shapewear at a Skims pop-up shop at the Nordstrom flagship store in New York, US, on Sunday, June 9, 2024. Bing Guan | Bloomberg | Getty Images Nike…
Delta plane crashes on landing at Toronto airport, injuring at least 18
First responders work at the Delta Air Lines plane crash site at Toronto Pearson International Airport in Mississauga, Ontario, Canada February 17, 2025. Arlyn Mcadorey | Reuters At least 18…
Olipop prebiotic soda valued at $1.85 billion in funding round
Prebiotic soda brand Olipop Courtesy: Olipop Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the…
McDonald’s, Chipotle warn of weak first quarter
A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images In like a lion, out like a lamb. That’s how restaurant…
Crazy popcorn buckets are big business for movie theaters
Popcorn buckets are pictured during the “Taylor Swift: The Eras Tour” concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023. Valerie Macon | AFP…
Target Walmart DEI decisions could hurt Black founders
Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add…
Here’s how two apps connect Black-owned restaurants with new customers
Zoom In IconArrows pointing outwards EatOkra’s mobile app lists nearby Black-owned restaurants. Courtesy: EatOkra When Anthony Edwards Jr. and his then-girlfriend, Janique, first moved to Brooklyn in 2016, they struggled…
How to locate wholesale suppliers for small businesses?
locate wholesale suppliers for small businesses Finding reliable wholesale suppliers is one of the most crucial tasks for small businesses. Wholesale suppliers serve as the backbone of your supply chain,…
Roku shares surge as company halves quarterly losses
Shares of Roku surged 14% Friday, notching a new 52-week high, on earnings that beat Wall Street expectations. In an interview on CNBC’s “Squawk Box,” CEO Anthony Wood said more…
Moderna (MRNA) Q4 earnings 2024
Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues to slash costs and demand for its Covid…
CVS earnings: (CVS) stock rises
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…
As Trump ups tariffs, GM and Hyundai increase South Korean imports
President Donald Trump welcomes South Korea’s President Moon Jae-In at the White House in Washington, U.S., May 22, 2018. Carlos Barria | Reuters DETROIT — As President Donald Trump threatens…
Are plastic toy guns safe for children?
Are plastic toy guns safe for children? Plastic toy guns are a staple in many households, providing entertainment and fostering imaginative play. However, when it comes to the safety of…
CFPB staff purge begins with dozens of employees terminated
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the White House in Washington on March 11, 2019. Jonathan Ernst…
ESPN host Stephen A. Smith ‘wouldn’t mind’ being U.S. president
Outspoken ESPN personality Stephen A. Smith is not ruling out a presidential run in his future. In an interview with CNBC Sport, Smith said, “I wouldn’t mind being in office.”…
Tequila, mezcal sales are growing but Mexico tariffs may hit industry
A seller holds up a bottle of Casamigos, tequila from Diageo, the world’s leading spirits maker, at a liquor store in Monterrey, Mexico, on Dec. 10, 2024. Daniel Becerril |…
CFPB leaders announce resignations after stop-work order
Former Office of Management and Budget (OMB) Director Russell Vought takes his seat as he arrives to testify before a US Senate Homeland Security and Governmental Affairs Committee hearing on…
Why Stellantis was the only automaker to advertise
Actor Harrison Ford touts Jeep and Americana while taking a dig at another Detroit automaker during Stellantis Stellantis DETROIT — A CEO’s exit, electric vehicles making the industry run around…
Super Bowl ads 2025 recap: All the best commercials
Yahoo gets Bill Murray some help In case you missed it (we did), Yahoo snagged a 15-second spot during the Super Bowl broadcast in which it set actor Bill Murray…
McDonald’s (MCD) Q4 2024 earnings
A McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024. Mario Tama | Getty Images McDonald’s is set to report its fourth-quarter earnings before the bell on Monday. Here is…
Ferrari-inspired mansion breaks local record in Delray Beach, Florida
A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million. Not only was the megadeal the biggest…
AEW CEO Tony Khan says he wants to keep company private
All Elite Wrestling, the upstart professional wrestling league, will remain a privately held family business instead of pursuing an initial public offering, according to founder and co-owner Tony Khan. Khan…
Skinny jeans are making a comeback
The vilified linchpin of millennial and Y2K fashion – the skinny jean – might be on its way to a comeback. Over the last few months, a range of skinny…
Beauty stocks post major losses after a week of worrying results
An Estee Lauder counter is seen on the floor of a department store in Brooklyn on Feb. 5, 2025 in New York City. Spencer Platt | Getty Images Several beauty…
Ad execs say it’s still bang for your buck
NEW ORLEANS, LOUISIANA – FEBRUARY 03: A detailed view of drink koozies seen during an event ahead of Super Bowl LIX at Caesars Superdome on February 03, 2025 in New…
E.l.f. Beauty (ELF) earnings Q3 2025
E.l.f. Beauty on Thursday cut its full-year guidance after seeing a 36% drop in profits and “softer than expected” sales trends in January, marking a rare downturn for one of…
Eli Lilly (LLY) earnings Q4 2024
Eli Lilly on Thursday reported mixed results for the fourth quarter, even as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro soared. The company’s quarterly earnings…
Ford CEO calls for ‘comprehensive’ tariff analysis for all countries
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall,…
Barbies and Hot Wheels could be more expensive under Trump tariffs
The new and old versions of the classic Barbie dolls are on display at Mattel Design Center in El Segundo, California, on Feb. 22, 2024. Mario Anzuoni | Reuters Mattel…
Disney (DIS) earnings Q1 2025
Mickey Mouse and Minnie Mouse balloons fly in front of Cinderella’s Castle at the Magic Kingdom Park in Walt Disney World in Orlando, Florida, on May 31, 2024. Gary Hershorn…
Vaccine stocks fall as Senate advances RFK Jr. HHS nomination
FILE PHOTO: Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation…
Trump tariffs could raise drug costs, worsen shortages
Shana Novak | Stone | Getty Images President Donald Trump’s steep tariffs on Canada, Mexico and China could worsen existing drug shortages in the U.S., raise health-care costs for patients…
Trump tariffs could threaten Hollywood production, box office recovery
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images LOS ANGELES — President Donald Trump just picked a fight with…
New York City office demand is finally back to normal
Demand for New York City office space has finally returned to pre-pandemic levels, driven by an influx of new workers as well as a drive by employers to see current…
Honda’s new EV production revolution begins with $1 billion in Ohio
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is…
Trump’s tariffs on Mexico and Canada challenge auto industry
A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan.…
FAA to restrict helicopter traffic near D.C. airport after plane crash
The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed…
Investigation looking at altitude, staffing and communication
Search and rescue teams work in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol…
Shein releases product safety data ahead of London IPO
A shopper carries a bag with promotional merchandise while visiting fashion retailer Shein’s Christmas bus tour, in Manchester, Britain, December 13, 2024. Temilade Adelaja | Reuters Shein is ramping up…
FDA approves Vertex non-opioid painkiller drug Journavx
A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston. Brian Snyder | Reuters The Food and Drug Administration on Thursday approved Vertex Pharmaceuticals’ non-opioid painkiller…
American Airlines plane crash highlights concerns with U.S. airspace
Emergency response units search the crash site of the American Airlines plane on the Potomac River after the plane crashed on approach to Reagan National Airport on January 30, 2025…
American Airlines jet collides with military helicopter near D.C. airport
A view of emergency response looking from Arlington, Va., south of Ronald Reagan Washington National Airport, across the Potomac River toward the District of Columbia, Wednesday, Jan. 29, 2025. Alex…
Frontier Airlines proposes merging with fellow budget carrier Spirit
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Bankrupt Spirit…
Top-ranked Rockefeller book at center of publishing mystery
A print copy of “The 38 Letters from J.D. Rockefeller to his son: Perspective, Ideology and Wisdom” purchased on Amazon. CNBC The mystery around a top-selling Amazon book attributed to…
General Motors (GM) earnings Q4 2024
DETROIT — General Motors stock fell more than 10% in midday trading Tuesday even as the company beat Wall Street’s top- and bottom-line expectations for the fourth quarter, while forecasting…
Nikola shares nosedive on report of potential sale
U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec.…
JetBlue offers some pilots early retirement packages, union says
A passenger arrives at Ronald Reagan Washington National Airport on November 21, 2023 in Arlington, Virginia. Alex Wong | Getty Images JetBlue Airways is offering early retirement packages to some…
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington. Lindsey Wasson |…
Trump health care plan likely good for pharmaceutical companies
U.S. President Donald Trump speaks about prescription drug prices during an appearance in the Brady Press Briefing Room at the White House in Washington, U.S., November 20, 2020. Carlos Barria…
Aerial firefighting companies now have to keep up with demand
As out-of-control wildfires threatened thousands of Los Angeles residents earlier this month, the companies that fight infernos from the air raced to send their air tankers and water bombers to…
China-made BYD Shark pickup is a predator circling global truck market
BYD Shark plug-in hybrid electric pickup truck Michael Wayland / CNBC DETROIT — There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker…
Target rolls back major DEI initiatives
Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo…
For Good’ creates a unique marketing challenge
A still from the film “Wicked.” Source: Universal Studios Universal is hoping the excitement around “Wicked” can hang around — for good. The movie studio faces a unique challenge: promote…
Airlines flex pricing power, signaling higher fares in 2025
Travelers walk through O’Hare International Airport in Chicago on Dec. 20, 2024. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even…
Top sports agent says WNBA salaries are ‘blatantly unfair’
The WNBA has a salary problem, and it’s “blatantly unfair to its players,” according to top sports agent Jeff Schwartz. Schwartz, who founded and runs Excel Sports Management, told Alex…
Stellantis chairman details U.S. investments for Jeep, Ram to Trump
Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024. Massimo Pinca…
Retail crime ‘queenpin’ Michelle Mack to pay restitution to Ulta
The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon…
Netflix (NFLX) earnings Q4 2024
Shares of Netflix soared more than 14% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines. The company surpassed 300 million paid memberships during…
Financial industry will embrace crypto if regulators allow it
Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second-largest U.S. bank by…
How Do Managed Cybersecurity Services Monitor Network Traffic?
Managed Cybersecurity Services Monitor Network Traffic As cyberattacks become more sophisticated, detecting them becomes increasingly challenging. To protect their network data and systems, companies require an IT security team that…
What Types of Security Protocols Are Used in Managed Print Services?
Security Protocols Are Used in Managed Print Services Printing is a critical component of many business operations, and it’s important to consider security when designing and implementing your printing workflows.…
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
A Spirit Airlines plane at New York’s LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs…
Products and companies most at risk
Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois. Scott Olson | Getty Images Many of the items that U.S. shoppers browse and buy…
Wall Street banks see deal activity picking up, even after record results
Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O’Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc…
Why 2025 is set to be a crucial year for Amazon’s Zoox robotaxi unit
A Zoox robotaxi sits outside the company’s large office and warehouse in Las Vegas. Michael Wayland / CNBC LAS VEGAS — This year is expected to be a crucial one…
FTC sues PepsiCo over price discrimination
Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024. Michael M. Santiago | Getty Images The…
FAA grounds SpaceX Starship, reports property damage in Caribbean
SpaceX’s mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, on Jan. 16, 2025. Eric Gay | AP The Federal Aviation Administration said on Friday…
Unrivaled women’s basketball league debuts Friday
Unrivaled 3-on-3 women’s basketball league Courtesy: Unrivaled Unrivaled, a new 3-on-3 women’s professional basketball league, launches Friday, presenting both a major test and opportunity for women’s sports to boost its…
Medicare drug price negotiations list includes Ozempic
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. George Frey | Reuters The Biden administration on Friday unveiled the next…
Starship rocket breaks up midflight, but SpaceX catches booster again
SpaceX’s mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, Thursday, Jan. 16, 2025. Eric Gay | AP SpaceX launched the seventh test flight of its Starship rocket…
Bank of America (BAC) earnings Q4 2024
Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income. Here’s what the company reported: Earnings: 82 cents vs. 77…
FTC sues Deere over equipment repair costs for farmers
John Deere booth signage is displayed at CES 2023 at the Las Vegas Convention Center on January 6, 2023 in Las Vegas, Nevada. David Becker | Getty Images The Federal…
JPMorgan Chase (JPM) earnings Q4 2024
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history. Here’s what the company…
Eli Lilly LLY cuts 2024 revenue outlook on weight loss drugs
The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024. Ore Huiying | Bloomberg | Getty Images Eli Lilly…
JPMorgan Chase COO Daniel Pinto stepping down in June
Daniel Pinto, president and chief operating officer of JPMorgan Chase, speaks during the Semafor 2024 World Economy Summit in Washington, DC, on April 18, 2024. Saul Loeb | AFP |…
Netflix and Comcast among companies donating to LA wildfire relief
Evacuees from the Eaton fire look through boxes of clothes at a donation center in Santa Anita Park, Arcadia, California, Jan. 13, 2025. Etienne Laurent | AFP | Getty Images…
Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation
Snow blankets the Hartsfield-Jackson Atlanta International Airport as a winter storm moves into the area on Jan. 10, 2025. Joe Raedle | Getty Images Airlines canceled more than 3,000 flights…
Airlines extend travel waivers for LA airports
In this aerial view taken from a helicopter, burned homes are seen during the Palisades fire in the Malibu area of Los Angeles county, California, on Jan. 9, 2025. Josh…
Chuck E. Cheese makes comeback after bankruptcy
Chuck E. Cheese’s parent company has spent $230 million renovated its stores. Source: CEC Entertainment Four years after exiting bankruptcy, Chuck E. Cheese is making a comeback, thanks to a…
JWN raises sales outlook after better holiday season
Shoppers walk into a Nordstrom department store in Austin, Texas, on March 3, 2023. Brandon Bell | Getty Images Nordstrom on Friday raised its full-year sales outlook, after holiday shopping…
McDonald’s to close three CosMc’s locations — and open two more
A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s, in Bolingbrook, Illinois, on Dec. 11, 2023. Scott Olson | Getty Images McDonald’s will shutter three…
Disney, Fox and Warner Bros. Discovery call off Venu sports streaming service
Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After careful consideration, we have…
Medicare can cover Eli Lilly’s Zepbound for sleep apnea: Health Department agency
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Medicare drug plans can now cover…
From Japan to St. Lucia, here’s where airfare is falling in 2025
Tourists take photos in Shinsekai with Tsutenkaku tower in sight in Osaka, Japan, on December 12, 2024. Kichul Shin | Nurphoto | Getty Images Planning an international trip this year?…
VW Scout has more than 50,000 reservations for upcoming EVs
Scout Terra pickup truck and Scout Traveler SUV concepts Scout LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs,…
Frontier plans new flights from JFK to Miami, Los Angeles and Dallas
Frontier Airlines Nurphoto | Nurphoto | Getty Images Discount carrier Frontier Airlines is beefing up service in New York, planning new nonstop routes to major American Airlines hubs with fares…
Delta to link loyalty program to Uber, ending partnership with Lyft
Travelers wait for an Uber ride-share vehicle at Los Angeles International Airport in Los Angeles on Feb. 8, 2023. Mario Tama | Getty Images Delta Air Lines will link its…
Fed’s Michael Barr clears way for gentler banking regulator
Federal Reserve Governors Michelle Bowman and Christopher Waller pose for a photo, during a break at a conference on monetary policy at Stanford University’s Hoover Institution, in Palo Alto, California,…
Toyota exploring orbital rocket development, makes startup investment
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno…
Disney Hulu+ Live TV and Fubo to combine
The FuboTV app on a television arranged in New York, US, on Wednesday, Feb. 21, 2024. Gabby Jones | Bloomberg | Getty Images Disney’s Hulu+ Live TV will be combined…
Surgeon general issues new advisory
A customer drinks a glass of beer at the Saxton Pub in Austin, Texas, April 5, 2023. Brandon Bell | Getty Images The U.S. surgeon general issued a new advisory…
Manufacturer still faces tough recovery
Boeing 737 Max aircraft are assembled at the company’s plant in Renton, Washington, on June 25, 2024. Jennifer Buchanan | Via Reuters Boeing is embarking on another rebuilding year. A…
DraftKings tests subscription service in New York
Sports betting company DraftKings’ logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images DraftKings is upping the ante. The sportsbook is testing out a new…
GM, Ford 2024 U.S. sales are best since 2019
Attendees view the 2025 Ford Bronco Stroppe Special Edition during the AutoMobility LA 2024 auto show at the Los Angeles Convention Center on November 21, 2024. Robyn Beck | Afp…
Rivian has its best day ever after 2024 production, deliveries report
Rivian electric vehicles (EV) are parked at the Rivian Venice Hub on November 13, 2024 in Venice, California. Mario Tama | Getty Images Shares of Rivian Automotive recorded their best…
DOT fines JetBlue for ‘chronically delayed flights’
JetBlue Airways aircraft are pictured at departure gates at John F. Kennedy International Airport in New York on June 15, 2013. Fred Prouser | Reuters The Department of Transportation fined…
Hindenburg shorts Carvana, calls turnaround a ‘mirage’
CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used-car retailer’s recent turnaround is a “mirage” that…
These airlines were the most on time in 2024
Travelers view the arrival and departure boards at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images…
Housing market supply is ‘stale’ to end 2024
There’s good news in the housing market to close out 2024: there’s a lot more supply. The bad news: a lot of that supply is stale, sitting unsold for much…
Wendy’s, Denny’s, Red Lobster close locations in 2024
A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years to come. Inflation-weary consumers…
Horse racing set for a resurgence in the U.S.
America’s oldest horse racetrack is closing after running its last race on the final weekend of 2024. Freehold Raceway in New Jersey, co-owned by Penn Entertainment, tried for decades to…
Boeing 737-800 is among world’s most common aircraft
A Jeju Air Boeing 737-800 taking off from Osaka Kansai airport. Fabrizio Gandolfo | Lightrocket | Getty Images Accident investigators are trying to figure out what caused a Jeju Air…
Why was there a wall at the end of the runway
The wreckage of the Jeju Air aircraft that went off the runway and crashed lies at Muan International Airport, in Muan, South Korea, December 30, 2024. Kim Hong-ji | Reuters…
Darden Restaurants (DRI) Q2 2025 earnings
Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts’ expectations and better-than-expected same-store sales growth at Olive Garden and LongHorn Steakhouse. Shares of the company closed up 14% on…
FAA puts temporary ban on drones over part of New York, New Jersey
A drone or SUAV, Small Unmanned Aerial Vehicle. Richard Newstead | Moment | Getty Images The Federal Aviation Administration on Friday added more temporary bans on drone flights over 30…
CEO departures at U.S. companies hit a record this year
Clockwise from top: Former Boeing CEO Dave Calhoun (CNBC), Starbucks former CEO Laxman Narasimhan (Getty Images), former Nike CEO John Donahoe (Reuters), former Intel CEO Pat Gelsinger (Getty Images) TL:…
College sports valuations: Top 75 athletic programs
With major college sports programs collectively generating billions in revenue each year, private investors are looking to get a piece of the action. But how much is a college sports…
Lego brick sets take new shape, keep toy industry afloat
A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on March 7, 2022. Bloomberg | Getty Images The toy industry…
Netflix sets streaming record with Christmas Day NFL games
A detailed view of a Netflix Christmas Gameday sign during the regular season NFL football game between the Kansas City Chiefs and Pittsburgh Steelers on December 25, 2024 at Acrisure…
Ad revenue should stabilize for media companies in 2025
The New York Liberty celebrate after wining the 2024 WNBA Championship against the Minnesota Lynx during Game 5 of the 2024 WNBA Finals on October 20, 2024 at Barclays Center…
A look back at U.S. airlines’ wild 2024, from door plugs to bankruptcy
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It’s…
Nordstrom to go private in $6.25 billion deal with founding family
A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Monday announced it will become a private…
U.S. sues Walmart, Branch Messenger over driver payment accounts
A Walmart truck pulls out of a Walmart Distribution Center in Hurricane, Utah, on May 30, 2024. George Frey | Afp | Getty Images The Consumer Financial Protection Bureau filed…
Soaring athlete salaries attract wealth advisors
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…
American Airlines temporarily grounded flights due to technical glitch
American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida. Joe Raedle | Getty Images American Airlines briefly grounded its U.S.…
FDA Zepbound shortage ends, impacts patients, compounding pharmacies
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters The roughly $1,000 monthly price tag…
Trump’s 25% tariffs an existential threat to Canada’s auto industry
Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg…
2025 media predictions from 13 anonymous executives
Bob Iger, CEO of Disney (L), and Brian Roberts, CEO of Comcast (R). Getty Images Ho, ho, ho! It’s a holiday tradition: Anonymous media executives make their 2025 industry predictions.…
Netflix to stream FIFA Women’s World Cup in 2027, 2031
Esther Gonzalez of Spain kisses the FIFA Women’s World Cup Trophy after the team’s victory in the FIFA Women’s World Cup Australia & New Zealand 2023 Final match between Spain…
Starbucks workers strike in LA, Chicago and Seattle ahead of Christmas
Starbucks Workers United members picket outside a Starbucks store in Chicago, Illinois, US, on Friday, Dec. 20, 2024. Vincent Alban | Bloomberg | Getty Images Starbucks baristas in some locations…
Party City to close all of its stores, report says
A sign in a Party City store in Miami, Florida, on Jan. 18, 2023. Joe Raedle | Getty Images Party City on Friday announced it will close all of its…
What a government shutdown could mean for air travel
A lone traveler makes his way past a nearly deserted TSA security screening area at Orlando International Airport ahead of the arrival of Hurricane Milton, on October 9, 2024 in…
FDA approves Eli Lilly’s weight loss drug Zepbound for sleep apnea
An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024. Shelby Knowles | Bloomberg | Getty Images The…
Pro pickleball players are getting a higher salary than WNBA players
NEW YORK CITY, NY – SEPTEMBER 21: Anna Leigh Waters of the New Jersey Fives rallies the ball during a Major League Pickleball match on September 21, 2024 at Wollman…
Nike (NKE) earnings Q2 2025
Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024. Frederic J. Brown | Afp | Getty Images Nike’s turnaround will take a bit…
How Vuori is taking on Lululemon
When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to give it the time of day. Now, the…
American homeowners are wasting more space than ever before
Tim Kitchen | The Image Bank | Getty Images There may not be a lot of homes for sale these days, but there is a lot of housing space sitting…
Grubhub to pay $25 million in FTC settlement over harmful practices
An app-based delivery worker waits outside of a restaurant in New York City on July 7, 2023. Spencer Platt | Getty Images Grubhub will pay $25 million to settle a…
Japan’s Honda and Nissan to reportedly begin merger talks
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Kyodo | Via…
Unrivaled women’s basketball league closes $28 million Series A
Chicago Sky coach Teresa Weatherspoon calls out to players during the first half of the team’s WNBA basketball game against the New York Liberty, May 23, 2024, in New York.…
Family offices face hidden risks in making direct investments
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,…
UnitedHealth Group CEO Andrew Witty addresses Brian Thompson death
Andrew Witty, CEO of UnitedHealth Group, testifies during the Senate Finance Committee hearing titled “Hacking America’s Health Care: Assessing the Change Healthcare Cyber Attack and What’s Next,” in the Dirksen…
GM’s Cruise robotaxi business is latest growth initiative to falter
A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and…
Agent Scott Boras says it wasn’t just about money
Major League Baseball super agent Scott Boras just negotiated the biggest contract of his life. On Thursday, the New York Mets signed four-time All-Star Juan Soto to a record-breaking $765…
Why it’s getting harder to get a free first-class flight upgrade
Passengers deplane through the business class seating area on an American Airlines flight, London Heathrow Airport, Aug. 14, 2018. Jeff Greenberg | Universal Images Group | Getty Images Cheap seats…
Restaurant winners and losers include McDonald’s, Chili’s, Taco Bell
A “location closed” sign hangs in the window of a closed Red Lobster restaurant in Torrance, California on May 14, 2024. Patrick T. Fallon | AFP | Getty Images A…
More than $100 trillion in wealth set to be inherited
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,…
Flushing Financial seeks to raise $70 million
Flushing Bank in New York City. Google Earth Flushing Financial, a New York-based commercial real estate lender, is seeking to raise $70 million to shore up its capital, CNBC has…
Costco (COST) earnings Q1 2025 earnings
A Costco Wholesale store in Connecticut. Lindsey Nicholsonp | Getty Images Costco on Thursday beat Wall Street’s quarterly earnings and sales estimates, as it got a boost in part from…
Health-care stocks fall after Warren PBM bill, Brian Thompson shooting
UnitedHealth Group signage is displayed on a monitor on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Shares of major health-care companies fell…
Whoopi Goldberg’s All Women’s Sports Network aims to raise awareness
Hollywood icon Whoopi Goldberg hopes her newly launched All Women’s Sports Network will bring more attention to women’s sports. Goldberg started the network with George Chung, co-founder of international media…
C.H. Robinson CEO says logistics business can weather Trump tariffs
Dave Bozeman, chief executive officer of C.H. Robinson. Source: C.H. Robinson As Dave Bozeman takes the stage at his first investor day as CEO of C.H. Robinson, he’ll have to…
Adidas’ German headquarters raided tax investigation
The “Arena” office building at the headquarters of the sporting goods manufacturer adidas AG is reflected in an artificial lake. Daniel Karmann | Picture Alliance | Getty Images Adidas’ German…
Comcast shares tumble as executive calls broadband ‘intensely competitive’
View from behind a Comcast truck parked on a residential street in Lafayette, California, on Sept. 28, 2021. Smith Collection/gado | Archive Photos | Getty Images Comcast Cable CEO Dave…
Mondelez made a takeover approach for Hershey, sources say
The logo of Hershey’s in Manhattan on Sept. 16, 2023. Michael Kappeler | Picture Alliance | Getty Images Cookie and snack giant Mondelez has made a preliminary takeover approach for…
Southwest and American airlines raise sales outlooks, shares jump
A Southwest Airlines plane takes off from Hollywood Burbank Airport in Burbank, California, July 25, 2024. Mario Tama | Getty Images Southwest Airlines and American Airlines raised their fourth-quarter forecasts…
Dollar General tests same-day delivery as discounter chases Walmart
The exterior of a Dollar General convenience store on August 30, 2024 in Austin, Texas. Brandon Bell | Getty Images Dollar General is testing same-day delivery to customers’ homes as…
LSU star Flau’jae Johnson signs equity deal with Unrivaled basketball league
BATON ROUGE, LOUISIANA – NOVEMBER 9: Flau’jae Johnson #4 of the LSU Tigers in action during a game against the Northwestern State Demons at the Pete Maravich Assembly Center on…
Why developers are building housing at shopping malls
Say hello to life at the mall. The classic American mall is undergoing a dramatic transformation as real estate developers swap out dying department stores for apartments, ushering in an…
Lululemon (LULU) earnings Q3 2024
Lululemon‘s U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. The yoga pants…
United Healthcare CEO shooting: Executives worry about safety
Closed circuit screenshots of a person of interest in the UnitedHealthcare CEO killing. Source: NYPD UnitedHealthcare CEO Brian Thompson was fatally shot Wednesday doing something countless other American executives routinely…
Court rejects Boeing plea deal in 737 Max crashes, citing DEI concerns
Nadia Milleron, whose daughter Samya Stumo was killed in the crash of Ethiopian Airlines Flight 302, holds a sign with photos of the crash victims during a Senate Commerce, Science…
Ulta Beauty (ULTA) earnings Q3 2024
Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare. The retailer hiked its full-year outlook slightly…
JetBlue cuts more unprofitable routes, tweaks Europe flights
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport…
American Eagle (AEO) earnings Q3 2024
A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty Images American Eagle shares dropped about 13% in extended trading Wednesday…
Airline executives set to defend seat fees before Senate panel
Seats in the economy class cabin on board an American Airlines Boeing Co. 777-300ER aircraft. Brent Lewin | Bloomberg | Getty Images U.S. airline executives are set to defend their…
CDC says McDonald’s E. coli outbreak is over
In this photo illustration, a McDonald’s Quarter Pounder hamburger meal is seen at a McDonald’s on October 23, 2024 in the Flatbush neighborhood in the Brooklyn borough of New York…
Jaguar reveals ‘Type 00’ concept car, first in controversial rebrand
Image of Jaguar Type 00 concept vehicle Jaguar Famed British carmaker Jaguar revealed its new vehicle design direction Monday night with the introduction of an all-electric concept car called “Type…
GM to sell stake in battery cell plant to LG partner for $1 billion
General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors…
Stellantis CEO Carlos Tavares resigns amid problems in U.S.
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg…
Dick’s Sporting Goods (DKS) earnings Q3 2024
The Dick’s Sporting Goods logo is displayed on the floor of a store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods raised…
Walmart pulls back on DEI efforts, removes some LGBTQ merchandise
A Walmart Supercenter in Burbank, California, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Walmart on Monday confirmed that it’s ending some of its diversity…
Retail winners pull away from the pack
Shoppers outside a Target store ahead of Black Friday, in Clifton, New Jersey, Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images As the holiday season heats up,…
College Football Playoff expansion boosts ESPN, Disney
Donovan Edwards #7 of the Michigan Wolverines hurdles a tackle attempt by Michael Taaffe #16 of the Texas Longhorns during the first half of a college football game at Michigan…
How the 2024 election will impact Black Friday, holiday spending
A “Keep America Great” hat tops off a Christmas tree at a “Merry Christmas” rally hosted by President Donald Trump at the Kellogg Arena in Battle Creek, Michigan, Dec. 18,…
Trump tariff plan threatens to make Modelo more expensive
Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty Images Shares of Constellation Brands…
Amgen says obesity drug MariTide caused up to 20% weight loss after a year
The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023. Mario Tama | Getty Images Amgen on Tuesday said its experimental weight loss injection…
Best Buy (BBY) earnings Q3 2025
Best Buy on Tuesday cut its full-year sales forecast and missed Wall Street’s quarterly revenue expectations, as early holiday shopping and a fresh batch of iPhones and AI-enabled laptops weren’t…
‘Moana 2’-led Thanksgiving box office could be best in years
Auliʻi Cravalho voices Moana in Disney Animation’s “Moana 2.” Disney The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a…
GM, Stellantis shares fall on Trump tariff threat for Mexico, Canada
A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31,…
Nordstrom (JWN) earnings Q4 2024
A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday beat Wall…
Kohl’s CEO Tom Kingsbury to step down, replaced by Ashley Buchanan
Incoming Kohl’s CEO Ashley Buchanan and current CEO Tom Kingsbury. Courtesy: Michael’s | Kohl’s Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO…