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CNBC Business
Aug 20, 2025

Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump
Fiddelke will take over as Target CEO as the big-box retailer tries to win back both customers and investors after roughly four years of stagnant sales.

CNBC Business
Aug 20, 2025

Hertz to sell used vehicles online through Amazon Autos partnership
Hertz will start selling pre-owned cars on Amazon Autos, a move meant to bolster the car rental company's retail business as it looks to bring in more profits.

CNBC Business
Aug 20, 2025

Lowe's beats on quarterly earnings, buys home pros business for $8.8 billion
The retailer has tried to attract more home professionals as a way to drive higher sales.

CNBC Business
Aug 20, 2025

Target shares tumble as retailer picks new CEO, says sales fell again
Investors are looking for signs that the struggling big-box retailer Target is getting back on track.

CNBC Business
Aug 20, 2025

Alaska Airlines launches $395 credit card in premium travel race, combines loyalty program with Hawaiian
Alaska will join other airlines in raising the requirements to earn elite status.

CNBC Business
Aug 20, 2025

FDA approves first-ever glucose monitoring system for weight loss from Signos
Any patient can access Signos' system, which uses an AI platform and an off-the-shelf continuous glucose monitor, or CGM, from Dexcom.

CNBC Business
Aug 20, 2025

Target will report earnings before the bell. Here's what to expect
Investors are looking for signs that the struggling big-box retailer is getting back on track.

CNBC Business
Aug 19, 2025

Home Depot stock rises 3% as retailer maintains full-year forecast
CFO Richard McPhail said Home Depot continues to see the effects of a "deferral mindset" from homeowners, which began in roughly mid-2023.

CNBC Business
Aug 19, 2025

From sweet treats to protein boosts, chains are banking on beverages to drive sales
Chains like McDonald's, Starbucks and Dutch Bros are banking on new beverages to drive sales, particularly from Gen Z consumers.

CNBC Business
Aug 19, 2025

'Stranger Things' creators, the Duffer Brothers, ink 4-year deal with Paramount Skydance
The Duffer Brothers signed an exclusive four-year agreement with Paramount Skydance for feature films, television and streaming projects.

CNBC Business
Aug 19, 2025

The senior living market can't keep up with demand as boomers age
More than 4 million boomers will hit 80 in the next five years, and occupancy at both active adult and assisted living communities is already rising fast.

CNBC Business
Aug 19, 2025

Robinhood launches NFL and college football prediction markets
Robinhood announced Tuesday that it is launching prediction markets for professional and college-level football, its latest move into the sports betting arena.

CNBC Business
Aug 19, 2025

Home Depot stock rises 4% as retailer maintains full-year forecast
CFO Richard McPhail said Home Depot continues to see the effects of a "deferral mindset" from homeowners, which began in roughly mid-2023.

CNBC Business
Aug 19, 2025

Viking Therapeutics shares fall 40% on disappointing obesity pill trial data
The results could reinforce Eli Lilly and Novo Nordisk's dominance in the booming market for weight loss and diabetes drugs.

CNBC Business
Aug 19, 2025

Home Depot stock rises 2% as retailer maintains full-year forecast
CFO Richard McPhail said Home Depot continues to see the effects of a "deferral mindset" from homeowners, which began in roughly mid-2023.

CNBC Business
Aug 19, 2025

Home Depot maintains full-year forecast even as it misses on earnings for second straight quarter
CFO Richard McPhail said Home Depot continues to see the effects of a "deferral mindset" from homeowners, which began in roughly mid-2023.

CNBC Business
Aug 19, 2025

Best Buy launches third-party marketplace as it looks for sales drivers
It joins other retailers that are using third-party sellers to expand their assortment, drive higher profits and attract advertising dollars.

CNBC Business
Aug 18, 2025

California legislature passes bill that gives interest on insurance payouts to homeowners
The bill, which would apply to both existing insurance payouts and to any new escrow accounts, heads to Gov. Gavin Newsom's desk for his signature.

CNBC Business
Aug 18, 2025

How retail accounting could distort profitability as tariffs take effect
As Home Depot, Target and Walmart prepare to report earnings, retail inventory method accounting could change how tariffs affect their profitability.

CNBC Business
Aug 18, 2025

Versant to rename MSNBC, drop famed peacock logos in Comcast separation
They're the first real public-facing changes in Versant's upcoming separation from Comcast's NBCUniversal.

CNBC Business
Aug 18, 2025

Novo Nordisk offers diabetes drug Ozempic for less than half the price for cash-paying U.S. patients
Patients can pay $499 in cash per month for three dose sizes of Ozempic through the company's direct-to-consumer pharmacy and GoodRx, among other platforms.

CNBC Business
Aug 18, 2025

When 'invest like the 1%' fails: How Yieldstreet's real estate bets left customers with massive losses
Customers of the private markets startup Yieldstreet said they face huge losses on real estate investments that turned out to be far riskier than they thought.

CNBC Business
Aug 15, 2025

Insurance firm Gallagher taps pro athletes for summer internships, preparing them for life off the field
In six-week internships, athletes gain business experience, professional skills and career mentorship, while also learning the ins and outs of insurance.

CNBC Business
Aug 15, 2025

AI is moving into the apartment market, taking over work orders, lease renewals, showings and more
Work orders, lease renewals, tours and even investor due diligence are being taken over by software and AI.

CNBC Business
Aug 15, 2025

Summer travel isn't as easy as it used to be for airlines
Airlines are seeing an earlier drop-off in summer travel as children return to school earlier.

CNBC Business
Aug 15, 2025

Family offices flock to private markets with allocations surging over 500% in nearly a decade
Private investment firms of the wealthy are doubling down on alternatives like private credit and infrastructure, per Preqin.

CNBC Business
Aug 14, 2025

Tapestry shares plunge nearly 16% as Coach parent says tariffs will bite into profits
Tapestry said costs from higher duties will total $160 million for the full year and hit its profit outlook.

CNBC Business
Aug 14, 2025

Nike co-founder Phil Knight to donate $2 billion to OHSU's Knight Cancer Institute
The Knight Foundation said the gift that will be used to shift the scientific approach to cancer treatment, research and patient care outcomes.

CNBC Business
Aug 14, 2025

Nike co-founder Phil Knight to donate $2 billion to University of Oregon's Cancer Institute
The Knight Foundation said the gift that will be used to shift the scientific approach to cancer treatment, research and patient care outcomes.

CNBC Business
Aug 14, 2025

Tapestry shares plunge 15% as Coach parent says tariffs will bite into profits
Tapestry said costs from higher duties will total $160 million for the full year and hit its profit outlook.

CNBC Business
Aug 14, 2025

John Deere forecasts $600 million in tariff impacts this year
John Deere beat on the top and bottom lines Thursday but said that the company is taking a large hit from tariffs.

CNBC Business
Aug 14, 2025

Eli Lilly hikes price of diabetes drug Mounjaro in UK as Trump pressures pharma to align drug costs
It comes as President Donald Trump pressures drugmakers to lower U.S. drug prices while hiking them abroad under a policy called "most favored nation."

CNBC Business
Aug 14, 2025

Ulta and Target will end deal for in-store beauty shops next year
Target had opened hundreds of mini Ulta beauty shops in its big-box stores.

CNBC Business
Aug 14, 2025

Cadillac unveils 'Elevated Velocity' electric crossover concept car
General Motors unveiled the Cadillac Elevated Velocity, a new concept car aimed at building on the brand's all-electric luxury crossover segment.

CNBC Business
Aug 14, 2025

Monterey classic car auctions kick off, and sales expectations are tepid
An estimated 1,140 classic cars will come up for sale at Monterey Car Week, the annual gathering of classic car collectors from around the world.

CNBC Business
Aug 14, 2025

Kodak faces financial struggles even as Gen Z sparks a film resurgence
Film camera company Kodak indicated it may need to file for bankruptcy, but Gen Z is showing a renewed interest in retro tech and aesthetics.

CNBC Business
Aug 13, 2025

Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown
After bucking industry trends, fast-casual chains like Chipotle and Cava are finally feeling the consumer slowdown.

CNBC Business
Aug 13, 2025

New York Attorney General James sues Zelle parent company, alleging it enabled fraud
New York Attorney General Letitia James sued the parent company of payments network Zelle, alleging it enabled fraud.

CNBC Business
Aug 13, 2025

Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns
Walmart said it's extending its employee discount to the grocery aisles.

CNBC Business
Aug 13, 2025

Spirit Airlines warns it might not be able to survive a year without more cash
Spirit AIrlines issued a going-concern warning in its quarterly report.

CNBC Business
Aug 13, 2025

New York AG James sues Zelle parent company for alleged fraud
New York Attorney General Letitia James sued the parent company of payment network Zelle for allegedly enabling fraud.

CNBC Business
Aug 12, 2025

Cava stock plummets after company lowers forecast on disappointing same-store sales growth
Cava also announced an investment in Hyphen, a restaurant automation startup.

CNBC Business
Aug 12, 2025

FDA may pull authorization of Pfizer's Covid vaccine for children under 5, company says
The potential move to rescind authorization of Pfizer's vaccine could leave some kids in the U.S. with no available shots against Covid.

CNBC Business
Aug 12, 2025

FDA may pull authorization of Pfizer's Covid vaccine for children under 5
The potential move to rescind authorization of Pfizer's vaccine could leave some kids in the U.S. with no available shots against Covid.

CNBC Business
Aug 12, 2025

Quantum computing could be commercial real estate's next big tailwind
Quantum computing is advancing quickly and becoming commercially viable. As a result, it now needs its own real estate.

CNBC Business
Aug 12, 2025

SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites
AST SpaceMobile, a satellite designer and manufacturer, said the company will deploy fully-funded satellites by 2026 in a rival to Elon Musk's SpaceX.

CNBC Business
Aug 12, 2025

Shares of Swiss sneaker company On jump as it posts 32% sales growth, hikes outlook
Swiss sneaker maker On posted another quarter of strong growth as it leans on innovation to drive sales.

CNBC Business
Aug 12, 2025

Shares of Swiss sneaker company On spike as it posts 32% sales growth, hikes outlook
Swiss sneaker maker On posted another quarter of strong growth as it leans on innovation to drive sales.

CNBC Business
Aug 12, 2025

Spirit Airlines warns it might not be able to survive without more cash
Spirit AIrlines issued a going-concern warning in its quarterly report.

CNBC Business
Aug 12, 2025

Aaron Rodgers-backed startup aims to be the IMDb for pro athletes
AthleteAgent.com was created to improve access to athletes, offering a more streamlined way for organizations to connect with them.

CNBC Business
Aug 12, 2025

Swiss sneaker company On beats sales estimates, raises guidance despite Vietnam tariffs
Swiss sneakermaker On posted another quarter of strong growth as it leans on innovation to drive sales.

CNBC Business
Aug 11, 2025

Sinclair is exploring merger options for its broadcast business
Sinclair, one of the largest owners of broadcast stations in the U.S., is launching a strategic review of its broadcast business that could result in a merger.

CNBC Business
Aug 11, 2025

Sinclair is exploring mergers for its broadcast business
Sinclair, one of the largest owners of broadcast stations in the U.S., is launching a strategic review of its broadcast business that could result in a merger, CNBC has learned.

CNBC Business
Aug 11, 2025

AMC significantly narrows losses, posts second-quarter revenue growth
AMC Entertainment posted strong second-quarter results Monday, reporting revenue growth of 35%.

CNBC Business
Aug 11, 2025

ESPN, Fox to bundle upcoming streaming services for $39.99 a month
ESPN and Fox will offer their upcoming direct-to-consumer streaming services as a bundle beginning in October.

CNBC Business
Aug 11, 2025

Ford announces $2 billion investment in Louisville assembly plant aimed at cheap EVs
The Detroit automaker plans to produce a midsize, four-door electric pickup at the Louisville Assembly Plant, slated for 2027.

CNBC Business
Aug 11, 2025

AMC shares surge as movie theater chain narrows losses
AMC Entertainment posted strong second-quarter earnings Monday, sending shares higher in early trading.

CNBC Business
Aug 11, 2025

Paramount buys UFC rights in $7.7 billion, 7-year deal in first major move post-Skydance merger
The Paramount deal will eliminate the pay-per-view model used by ESPN in its current UFC deal, making all events available for no extra charge on Paramount .

CNBC Business
Aug 11, 2025

Can Stitch Fix make a comeback? Inside the company's return to growth
Pandemic darling Stitch Fix has seen its stock price crater since its 2021 highs, but the company is in the midst of a comeback under new CEO Matt Baer.

CNBC Business
Aug 11, 2025

Here's what U.S. automakers are saying about Trump's changing EV policies
As a result of the changing EV landscape under President Trump, U.S. automakers are evaluating their product lineups and calculating the dollar impacts.

CNBC Business
Aug 10, 2025

AI is creating new billionaires at a record pace
With time, and IPOs, many of today's private AI fortunes will eventually become more liquid, providing a historic opportunity for wealth management firms

CNBC Business
Aug 09, 2025

From Starbucks to Smoothie King, restaurants seek to cash in on consumers' protein frenzy
Chains like Starbucks are adding protein-packed options, while Chick-fil-A and Panda Express are highlighting existing menu items that fit the trend.

CNBC Business
Aug 09, 2025

How one real estate startup is taking on record heat this summer
Runwise combines future weather algorithms with a wireless temperature sensor network that speaks to a central control system.

CNBC Business
Aug 08, 2025

Sweetgreen shares drop 23% after salad chain cuts outlook for the second time in two quarters
Sweetgreen said it saw issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges.

CNBC Business
Aug 08, 2025

Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more
Bed Bath & Beyond has been resurrected after filing for bankruptcy in 2023 and liquidating. Its new owners are looking to open dozens of stores through 2026.

CNBC Business
Aug 08, 2025

Dodge unveils additions to 2026 muscle car lineup: 'It's about choice'
Stellantis subsidiary Dodge announced two new muscle cars, flexing its 2026 model year lineup and touting customization options for its customers.

CNBC Business
Aug 08, 2025

Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters
Sweetgreen said it saw issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges.

CNBC Business
Aug 08, 2025

Crocs CEO says consumer environment is 'concerning,' will reduce orders in the second half
Shares of Crocs shed nearly 30% Thursday after the company issued the stark warnings.

CNBC Business
Aug 07, 2025

Flutter tops second-quarter earnings expectations, raises full-year guidance
Flutter, which owns FanDuel, reported second-quarter earnings that beat Wall Street expectations Thursday.

CNBC Business
Aug 07, 2025

Eli Lilly shares drop after obesity pill shows modest late-stage trial results
Eli Lilly's pill, orforglipron, is one step closer to becoming the first new, needle-free alternative in the booming market for weight loss and diabetes drugs.

CNBC Business
Aug 07, 2025

American adds Budapest, Prague and Buenos Aires flights for summer 2026
American Airlines is reviving several routes it flew before the Covid-19 pandemic.

CNBC Business
Aug 07, 2025

Craveworthy Brands becomes managing partner of Gregorys Coffee
As part of Craveworthy Brands, New York City-based Gregorys Coffee plans to expand nationwide by franchising its locations.

CNBC Business
Aug 07, 2025

Warner Bros. Discovery film studios lift second-quarter results
Warner Bros. Motion Pictures releases "A Minecraft Movie," "Sinners," "Final Destination: Bloodlines," and "F1," together generated over $2 billion so far.

CNBC Business
Aug 07, 2025

Restaurant Brands earnings miss estimates, but international division shines
Restaurant Brands International on Thursday reported mixed quarterly results.

CNBC Business
Aug 07, 2025

Companies are monitoring and enforcing office attendance at the highest rate in 5 years
Nearly three quarters of the 184 companies surveyed by CBRE said they have met their attendance goals, up from 61% last year.

CNBC Business
Aug 07, 2025

Eli Lilly hikes 2025 outlook, tops quarterly estimates as Mounjaro, Zepbound sales soar
Eli Lilly hiked its 2025 guidance and posted second-quarter earnings that topped estimates on strong demand for its blockbuster weight loss and diabetes drugs.

CNBC Business
Aug 07, 2025

Peloton posts surprise profit, announces yet another round of layoffs impacting 6% of staff
Peloton posted a surprise profit in its fiscal fourth quarter but said it still has plans to cut costs by reducing its workforce and renegotiating contracts.

CNBC Business
Aug 07, 2025

The Giving Pledge was meant to turbocharge philanthropy. Few billionaires got on board.
The world's rich keep getting richer. Few are willing to publicly promise to give away a majority of their wealth.

CNBC Business
Aug 07, 2025

Eli Lilly's obesity pill led to around 12% weight loss in closely watched late-stage trial; shares drop
Eli Lilly's pill, orforglipron, is one step closer to becoming the first new, needle-free alternative in the booming market for weight loss and diabetes drugs.

CNBC Business
Aug 07, 2025

Burger King parent Restaurant Brands sees profit fall, but international division shines
Restaurant Brands International on Thursday reported mixed quarterly results.

CNBC Business
Aug 06, 2025

E.l.f. Beauty's profits fall 30% as China tariffs weigh on bottom line
E.l.f. Beauty sources about 75% of its products from China and the cost of new tariffs is weighing on its bottom line.

CNBC Business
Aug 06, 2025

Candy giant Mars partners with biotech firm to gene-edit cocoa supply
The goal is to create cacao plants that can better withstand disease, heat and other climate-related stresses that can put global chocolate supply at risk.

CNBC Business
Aug 06, 2025

ESPN flagship streaming service to launch Aug. 21
ESPN's all-in-one streaming service with all content from its live TV network will launch on Aug. 21.

CNBC Business
Aug 06, 2025

Sen. Warren asks FTC to consider blocking Dick's-Foot Locker merger over antitrust concerns
Sen. Elizabeth Warren asked the FTC and DOJ to consider blocking Dick's Sporting Goods proposed acquisition of Foot Locker over antitrust concerns.

CNBC Business
Aug 06, 2025

Tween accessories retailer Claire's files for bankruptcy again as debt pile looms
Tween retailer Claire's, known for its ear piercing services, filed for bankruptcy protection for the second time in seven years as it faces mounting debt.

CNBC Business
Aug 06, 2025

McDonald's sees U.S. sales rebound, but concerns about low-income consumers linger
Shares of McDonald's have risen roughly 3% this year. The fast-food giant has a market cap of nearly $220 billion.

CNBC Business
Aug 06, 2025

What the end of Energy Star could mean for commercial real estate
More than 8,800 commercial buildings earned the Energy Star last year, saving more than $2 billion and preventing more than 5.7 million metric tons of emissions.

CNBC Business
Aug 06, 2025

McDonald's sees U.S. sales rebound, led by promotions
Shares of McDonald's have risen roughly 3% this year. The fast-food giant has a market cap of nearly $220 billion.

CNBC Business
Aug 06, 2025

ESPN inks five-year deal for WWE's live premium events including WrestleMania, Royal Rumble
ESPN is paying an average of $325 million per year for five years of WWE's premium live events, including WrestleMania, SummerSlam and Royal Rumble.

CNBC Business
Aug 06, 2025

Disney earnings top expectations as streaming, parks offset TV headwinds
Disney reported quarterly results Wednesday, posting earnings that topped expectations but revenue that came in just shy of analyst projections.

CNBC Business
Aug 06, 2025

ESPN flagship streaming service to launch August 21
ESPN's all-in-one streaming service with all content from its live TV network will launch on August 21.

CNBC Business
Aug 06, 2025

Disney reports earnings before the bell. Here's what to expect
Disney will report its quarterly earnings before the bell on Wednesday. Here's what investors will be paying attention to.

CNBC Business
Aug 06, 2025

McDonald's is about to report earnings. Here's what to expect
Shares of McDonald's have risen roughly 3% this year. The fast-food giant has a market cap of nearly $220 billion.

CNBC Business
Aug 05, 2025

AI is already impacting the labor market, starting with young tech workers, Goldman economist says
Unemployment rates among tech workers between 20 and 30 years old jumped by 3 percentage points since the start of this year, said Goldman Sachs' Joseph Briggs.

CNBC Business
Aug 05, 2025

Roku launches ad-free streaming service, Howdy, for $2.99 a month
The service runs alongside the free, ad-supported Roku Channel, and adds to Roku's growing content lineup.

CNBC Business
Aug 05, 2025

Fox One streaming service to launch ahead of NFL season on Aug. 21, at $19.99 per month
Fox One will include all of Fox's sports and news programming that appears on its broadcast and cable TV networks.

CNBC Business
Aug 05, 2025

Yum Brands is cooking up more than fast food. It's preparing the industry's next CEOs
CEOs like Brian Niccol, Kevin Hochman and Julie Felss Masino spent years at Yum Brands before leaving to lead other restaurant companies.

CNBC Business
Aug 05, 2025

Trump says JPMorgan Chase, Bank of America rejected him as a customer
President Donald Trump said Tuesday that the two largest U.S. banks rejected him as a bank customer, reviving claims of debanking against conservatives.

CNBC Business
Aug 05, 2025

Trump says pharma tariffs could eventually reach up to 250%
Trump said he will initially impose a "small tariff" on pharmaceuticals, but then in a year to a year and a half, he will raise that rate to 150% and then 250%.

CNBC Business
Aug 05, 2025

Alaska Airlines to launch London, Iceland flights, debut new livery for international expansion
Alaska Airlines is adding to its international expansion with new flights to London and Iceland.

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