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CNBC Business
May 20, 2025

Toyota redesigns America's top-selling RAV4 SUV to exclusively be a hybrid
Toyota Motor will offer the 2026 RAV4 only as a hybrid or plug-in hybrid, eliminating a traditional gas engine in the vehicle.

CNBC Business
May 20, 2025

NFL's Goodell says the league could more than double international games in the coming years
Goodell said the NFL could play up to 16 international games per season in the next five years.

CNBC Business
May 20, 2025

FDA outlines stricter Covid vaccine booster approval standards for healthy people
The FDA recommended different standards of evidence for approval based on patients' risk of getting severely sick from Covid.

CNBC Business
May 20, 2025

Why Walmart decided to say it would raise prices — and risk Trump's fury
Analysts say Walmart's thinner margins and price-sensitive shoppers may have influenced the company's decision to speak out.

CNBC Business
May 20, 2025

Cadillac's EVs are attracting new buyers, including more customers trading in Teslas
Cadillac says its expanding EV lineup is attracting a record amount of new buyers to the brand, including a notable increase this year of Tesla owners.

CNBC Business
May 20, 2025

Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line
It's the second Fanatics Fest event as the sports merchandising company continues to broaden its reach in sports marketing.

CNBC Business
May 20, 2025

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group
Levi's announced plans to sell Dockers to Authentic Brands Group, the brand management firm that owns the IP for Forever 21, Reebok and other brands.

CNBC Business
May 20, 2025

Here's JPMorgan's summer reading list for the wealthy for 2025
Picks include Suzy Welch's career guide, Melinda French Gates' reflections on her life and philanthropy, and Palantir CEO Alex Karp's predictions for AI.

CNBC Business
May 20, 2025

Home Depot CFO says retailer doesn't plan to raise prices due to tariffs
Home Depot reaffirmed its full year guidance, even as it missed Wall Street's earnings estimates and customers continued to defer bigger home projects.

CNBC Business
May 19, 2025

USTA to invest $800 million in US Open facilities in New York
The USTA is making its single largest investment in U.S. Open history to transform Arthur Ashe Stadium and add a player performance center.

CNBC Business
May 19, 2025

Mortgage rates cross back over 7% after U.S. credit downgrade
The rate on the 30-year fixed mortgage crossed 7%, hitting its highest level since April 11.

CNBC Business
May 19, 2025

Novo Nordisk is betting on a CEO shake-up to regain its weight loss drug edge over Eli Lilly
Novo Nordisk's new top executive will need to help the company close the gap with Eli Lilly, fend off emerging rivals and navigate other challenges

CNBC Business
May 19, 2025

Netflix to stream 'Sesame Street' episodes beginning later this year
Netflix signed a deal for the streaming rights to new episodes of the long-standing children's show "Sesame Street," beginning later this year.

CNBC Business
May 19, 2025

Wynn Resorts drops bid for NYC casino license
Wynn Resorts has dropped its bid to win a New York City casino license.

CNBC Business
May 19, 2025

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse
JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.

CNBC Business
May 19, 2025

Paramount ousts CBS News CEO Wendy McMahon amid divide with leadership
There has been tension between McMahon and Shari Redstone in recent months, including over a potential "60 Minutes" settlement with the Trump administration.

CNBC Business
May 19, 2025

Need a home mortgage? Here's how climate change could hit your credit score
A new report finds a direct link to foreclosures from climate change and suggests as lenders factor that risk into underwriting, it could alter credit scores.

CNBC Business
May 19, 2025

Bath & Body Works names recent Nike executive as its new CEO, effective immediately
Daniel Heaf was most recently Nike's chief transformation and strategy officer until his role was eliminated by the sneaker giant's new CEO Elliott Hill.

CNBC Business
May 16, 2025

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
Boeing agreed to plead guilty to fraud charges tied to its troubled 737 Max crashes last year.

CNBC Business
May 16, 2025

How much would a 100% 'Made in the USA' vehicle cost? It's complicated
President Donald Trump wants automakers to build more vehicles in the U.S. with American parts, but it's not as easy as it might seem.

CNBC Business
May 16, 2025

Cable companies Charter and Cox agree to merge
Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have entered into an agreement to merge.

CNBC Business
May 16, 2025

How NFL quarterback Lamar Jackson is leveraging his horse racing team to build up Baltimore
Jackson said he has no immediate plans to take ownership in other sports teams. Instead, he hopes to bring new opportunities to the young people of Baltimore.

CNBC Business
May 15, 2025

Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Other restaurant companies have reported same-store sales declines and falling traffic as consumers have pulled back their restaurant spending.

CNBC Business
May 15, 2025

Walmart says it will hike some prices due to tariffs. Here's what that means for shoppers
Bananas, roses and toys are some of the items hit by tariffs and price hikes could come as soon as late May, according to the retailer.

CNBC Business
May 15, 2025

Walmart says it will hike some prices due to tariffs. Here's what may cost more
Bananas, roses and toys are some of the items hit by tariffs and price hikes could come as soon as late May, according to the retailer.

CNBC Business
May 15, 2025

'Shark Tank' alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Socks and t-shirt company Bombas has appointed longtime retail executive Jason LaRose to be its next CEO as it looks to scale beyond DTC roots.

CNBC Business
May 15, 2025

Here's exactly how unaffordable today's housing market is — and where it's getting worse
The housing shortage is finally easing, but even with more listings available, the market still historically unaffordable to a huge swath of buyers. Here's why.

CNBC Business
May 15, 2025

Dick's Sporting Goods to acquire Foot Locker for $2.4 billion in effort to corner Nike market
The combined company will have a competitive edge in the Nike sneaker market and will provide Dick's access to international markets, plus a younger consumer.

CNBC Business
May 15, 2025

Shark Tank alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Socks and t-shirt company Bombas has appointed longtime retail executive Jason LaRose to be its next CEO as it looks to scale beyond DTC roots.

CNBC Business
May 15, 2025

Walmart CFO says price hikes from tariffs could start later this month, as retailer beats on earnings
Walmart beat first-quarter earnings expectations but missed on revenue, and its CFO said price increases from President Donald Trump's tariffs could start soon.

CNBC Business
May 15, 2025

Walmart will report earnings before the bell. Here's what to expect
Investors and economists are trying to gauge the strength of the U.S. consumer and the impact of higher tariffs on the retail industry.

CNBC Business
May 14, 2025

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women's team
Ohanian's Chelsea deal values Chelsea FC Women at 200 million pounds, according to a person familiar with the deal.

CNBC Business
May 14, 2025

Netflix says its ad tier now has 94 million monthly active users
Netflix also touted the success of ads on its platform and said its cheapest tier reaches more 18- to 34-year-olds than any U.S. broadcast or cable network.

CNBC Business
May 14, 2025

New York AG sues Capital One after Trump-led CFPB drops similar case
New York Attorney General Letitia James sued Capital One, accusing it of "cheating" customers out of millions of dollars, after the CFPB dropped a similar suit.

CNBC Business
May 14, 2025

HBO Max is coming back — Warner Bros. Discovery is renaming its streaming service, again
The change comes as Warner Bros. Discovery seeks to scale back its volume of content and focus on quality programming and storytelling.

CNBC Business
May 14, 2025

Video podcasts are the next big pitch at media Upfronts
Podcasts, which are increasingly more popular as videos, are taking the stage at media companies' annual pitch to advertisers this year.

CNBC Business
May 13, 2025

American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
American Eagle said it expects sales to decline 5% in its fiscal first quarter after it saw slow demand and steep discounting.

CNBC Business
May 13, 2025

Spirit Airlines introduces extra legroom seats, other perks, in push for premium
Spirit Airlines announced it will offer new premium options for its travelers, including an extra-legroom seating option and a two-free-checked-bags policy.

CNBC Business
May 13, 2025

YouTube will stream NFL Week 1 game in Brazil for free
The NFL's Week 1 game between the Kansas City Chiefs and the Los Angeles Chargers in Brazil will be streamed for free on YouTube for the first time ever.

CNBC Business
May 13, 2025

Hertz shares plummet after company's disappointing first-quarter results, $250 million stock offering
Shares of Hertz plummeted Tuesday morning following the company reporting disappointing first-quarter earnings and fleet cuts amid slower bookings and tariffs.

CNBC Business
May 13, 2025

GM unveils new 'groundbreaking' EV battery tech, aims to be first to market
The new batteries and packs utilize more-prevalent, less-expensive minerals and are lighter and more cost-effective.

CNBC Business
May 13, 2025

UnitedHealth Group CEO Andrew Witty steps down, company suspends annual forecast
Witty will act as a senior advisor to his successor, Stephen Hemsley, who served as UnitedHealth Group's CEO from 2006 to 2017.

CNBC Business
May 13, 2025

ESPN's new all-access streaming app will cost $29.99 per month
ESPN will charge $29.99 per month for its full-service streaming product, or $35.99 per month when bundled with Disney and Hulu ad tiers.

CNBC Business
May 13, 2025

Toyota reveals new name, upgraded tech for its sole U.S. EV
Toyota's redesigned EV will be called the "bZ" and offer notable increases in EV technologies and capabilities.

CNBC Business
May 12, 2025

Trump's plan to slash drug prices may struggle to get off the ground - here's what to know
Health policy experts said it is still unclear how much prices will go down, which medicines will be impacted and whether the effort can be implemented at all.

CNBC Business
May 12, 2025

Toy stocks rally after Chinese tariffs slashed to 30%
Shares of Mattel, Hasbro, Jakks and Funko rallied on Monday after the U.S. agreed to temporarily reduce tariffs on China.

CNBC Business
May 12, 2025

McDonald's announces plans to hire 375,000 workers with Trump Labor secretary
Through its company-owned and franchised restaurants, McDonald's is one of the nation's largest private employers.

CNBC Business
May 12, 2025

FAA launches Newark airport task force with Verizon, L3Harris executives
The Trump administration announced an emergency task force of executives from Verizon, L3Harris and the FAA to fix the communication issues at Newark airport.

CNBC Business
May 12, 2025

GM hires ex-Tesla, Aurora exec as chief product officer
GM has hired Sterling Anderson, a former Tesla executive and co-founder of autonomous vehicle company Aurora Innovation, as its chief product officer.

CNBC Business
May 12, 2025

NBC taps Michael Jordan as NBA contributor
In July, NBC inked an 11-year deal with the NBA to broadcast games across NBC Sports and Peacock starting this fall.

CNBC Business
May 12, 2025

Fox streaming service to be called Fox One, launch before NFL season
Fox CEO Lachlan Murdoch announced on Monday the media company's upcoming streaming service, named Fox One, will launch ahead of the NFL season.

CNBC Business
May 12, 2025

Trump signs order aiming to cut some U.S. drug prices to match lower ones abroad
The order is a blow to the pharmaceutical industry, which is already bracing for Trump's planned tariffs on prescription drugs.

CNBC Business
May 12, 2025

Trump to sign order to cut some U.S. drug prices to match those abroad
The order is a blow to the pharmaceutical industry, which is already bracing for Trump's planned tariffs on prescription drugs.

CNBC Business
May 11, 2025

Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround
Walgreens is expanding the number of its retail stores served by its micro-fulfillment centers as it works to turn itself around and prepares to go private.

CNBC Business
May 11, 2025

Trump's trade war is giving renewed importance to advertising Upfronts
Media advertising chiefs say chief marketing officers across industries are making contingency plans in light of the trade war.

CNBC Business
May 10, 2025

A rare platinum Rolex is heading to auction and could fetch $1.7 million
A rare 1999 platinum Rolex Daytona, a one-of-a-kind private commission, could fetch $1.7 million at Sotheby's as luxury watch demand surges globally.

CNBC Business
May 09, 2025

ESPN will call its forthcoming flagship streaming app simply 'ESPN,' sources say
ESPN decided to name the streaming application "ESPN" to simplify what has become a confusing streaming landscape.

CNBC Business
May 09, 2025

Something 'striking' is happening with apartment renters
More renters are choosing to stay in their apartments when their leases are up.

CNBC Business
May 09, 2025

Newark air traffic controllers lost contact with planes again in overnight outage
An unclean sweep; quite an education; Ferrari fever; and other highlights of recent tax cases.

CNBC Business
May 09, 2025

Startup Teal Health wins FDA approval for at-home test for cervical cancer screening
In clinical trials, the accuracy of self-testing with Teal's wand matched that of a cancer screening performed in a doctor's office.

CNBC Business
May 09, 2025

Candy giant Ferrero adds American twists to Nutella, Ferrero Rocher to fuel U.S. growth
Ferrero has been investing in growing its U.S. sales for the last decade through an acquisition spree and introducing its iconic brands to consumers stateside.

CNBC Business
May 08, 2025

The AI startup that stood out in an otherwise drab month for family office deals
Billionaire family offices including Ray Dalio's have flocked to SandboxAQ.

CNBC Business
May 08, 2025

Saudi sovereign wealth fund PIF deepens investment in women's professional golf
The Public Investment Fund will become the title partner of five events that will take place on the the Ladies European Tour.

CNBC Business
May 08, 2025

Bill Gates doubles giving to $200 billion, says philanthropists can't cover government cuts
The Microsoft billionaire criticized Elon Musk for his role in crucial cuts to foreign aid.

CNBC Business
May 08, 2025

Krispy Kreme stock plunges after doughnut chain pauses McDonald's rollout, pulls outlook
Krispy Kreme is pausing its nationwide rollout with McDonald's to focus on profitability.

CNBC Business
May 08, 2025

Family offices still betting on AI startups during deal slowdown
Billionaire family offices including Ray Dalio's have flocked to SandboxAQ.

CNBC Business
May 08, 2025

Restaurant Brands earnings miss as Burger King, Popeyes and Tim Hortons post same-store sales declines
Restaurant Brands International missed first-quarter earnings and revenue estimates as same-store sales fell at Burger King, Popeyes and Tim Hortons.

CNBC Business
May 08, 2025

FC Mother wants to leverage global soccer fandom to improve maternal health
The organization is kicking off what it's calling the "World Cup of Healing" — a competition that measures health outcomes of the participating women.

CNBC Business
May 07, 2025

Saudi sovereign wealth fund deepens investment in women's professional golf
The Public Investment Fund will become the title partner of five events that will take place on the the Ladies European Tour.

CNBC Business
May 07, 2025

March Madness drags down Flutter first-quarter results
CEO Peter Jackson said he anticipates customers will maintain their spending on online sports and casino games amid global economic concerns

CNBC Business
May 07, 2025

Carvana's record quarterly results top Wall Street expectations
Carvana's first-quarter results easily topped Wall Street's expectations as the company reported record sales.

CNBC Business
May 07, 2025

Netflix unveils revamped homepage and app with OpenAI-powered search tool
The new features will include more visible shortcuts to finding content and real-time recommendations that respond to viewers' moods and interests.

CNBC Business
May 07, 2025

Why U.S. air traffic control is stretched so thin — and the fight to fix it
An outage of radio and radar systems controllers use to guide planes into Newark last week exposed decades of underinvestment and staffing shortages.

CNBC Business
May 07, 2025

Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs
Manheim's Used Vehicle Value Index that tracks used vehicle prices sold at U.S. wholesale auctions increased 4.9% last month to its highest level since 2023.

CNBC Business
May 07, 2025

Disney shares climb 10% on surprise uptick in streaming subscribers, earnings beat
Disney upped some of its fiscal 2025 guidance and posted revenue growth in all three of its business segments.

CNBC Business
May 07, 2025

Disney announces an Abu Dhabi theme park and resort
The Abu Dhabi park will be Disney's seventh theme park resort and it will be fully developed and built by partner Miral.

CNBC Business
May 07, 2025

Disney reports surprise uptick in streaming subscribers, beats on top and bottom lines
Disney upped some of its fiscal 2025 guidance and posted revenue growth in all three of its business segments.

CNBC Business
May 07, 2025

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year.

CNBC Business
May 07, 2025

Here's what to expect when Disney reports earnings before the bell
Disney will report its fiscal second-quarter earnings before the bell on Wednesday.

CNBC Business
May 06, 2025

Rivian cuts 2025 delivery target, ups expected spending amid tariff pressures
Rivian's new guidance includes deliveries of between 40,000 units and 46,000 units and expenditures of between $1.8 billion and $1.9 billion.

CNBC Business
May 06, 2025

Former LPGA golfer Michelle Wie West invests in women's sports company Togethxr
CNBC caught up with former LPGA star Michelle Wie-West about retirement and her passion for pushing women's sports forward.

CNBC Business
May 06, 2025

Comcast's cable spinoff to be named Versant, picked to emphasize corporate versatility
Comcast's SpinCo, which will include USA, MSNBC, CNBC and E!, will be renamed Versant to emphasize corporate versatility and adaptability, the company said.

CNBC Business
May 06, 2025

Comcast's Xfinity Mobile takes over naming rights of Philadelphia arena
Comcast's Xfinity Mobile will become the new name of the Wells Fargo Center in Philadelphia, which is home to the NHL's Flyers and NBA's 76ers.

CNBC Business
May 06, 2025

Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit
Luxury carmaker Ferrari on Tuesday reported a significant upswing in first-quarter profit, citing robust demand for personalized vehicles.

CNBC Business
May 06, 2025

Mattel CEO says toy manufacturing won't come to America, but price hikes will
Mattel CEO Ynon Kreiz says toy manufacturing won't come to America, but price increases will.

CNBC Business
May 06, 2025

Hispanic shoppers are spending less on groceries, putting pressure on consumer companies
Coca-Cola, Constellation Brands and Colgate-Palmolive reported that Hispanic consumers are spending less, which weighed on their North American sales.

CNBC Business
May 05, 2025

Newark air traffic controllers couldn't see or talk to planes, leading to last week's airport meltdown
The FAA said air traffic controllers took time off to recover from the stress of the event.

CNBC Business
May 05, 2025

Trump signs order to boost domestic drug manufacturing as pharma tariffs loom
The order comes ahead of Trump's planned tariffs on pharmaceuticals imported into the U.S.

CNBC Business
May 05, 2025

Air traffic controllers couldn't see or talk to planes in equipment failure that led to Newark meltdown
The FAA said air traffic controllers took time off to recover from the stress of the event.

CNBC Business
May 05, 2025

Skechers to be acquired by 3G Capital in take-private deal, shares soar 24%
Footwear giant Skechers will be acquired by 3G Capital for $63 per share, a 30% premium to its current valuation on the public markets.

CNBC Business
May 05, 2025

Trump signs order to boost domestic drug manufacturing as pharma tariff threat looms
The order comes ahead of Trump's planned tariffs on pharmaceuticals imported into the U.S.

CNBC Business
May 05, 2025

Ford suspends 2025 guidance amid $2.5 billion tariff impact
Ford Motor beat Wall Street's first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year from tariffs.

CNBC Business
May 05, 2025

FanDuel Sports Network touts streaming subscriber growth for regional games
FanDuel Sports Network, the company behind regional channels for 30 NBA, NHL and MLB teams, now counts 650,000 paid streaming subscribers.

CNBC Business
May 05, 2025

Ford Motor is set to report earnings after the bell. Here's what Wall Street expects
Wall Street analysts expect Ford to report adjusted earnings per share of 2 cents and automotive revenue of $36.21 billion.

CNBC Business
May 05, 2025

Hollywood studio stocks briefly fall after Trump proposes foreign film tariff
Shares of Netflix, Disney, WBD, Paramount and Comcast fell after President Donald Trump proposed a tariff on films shot outside the U.S.

CNBC Business
May 05, 2025

Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%
Footwear giant Skechers will be acquired by 3G Capital for $63 per share, a 30% premium to its current valuation on the public markets.

CNBC Business
May 05, 2025

MLS sponsorships spike as U.S. soccer gains popularity
The addition of soccer superstar Lionel Messi has helped boost the league, and the upcoming 2026 World Cup is expected to give a lift to fandom in the U.S.

CNBC Business
May 05, 2025

Hollywood studio stocks fall after Trump proposes foreign film tariff
Shares of Netflix, Disney, WBD, Paramount and Comcast fell in premarket hours after President Donald Trump proposed a tariff on films shot outside the U.S.

CNBC Business
May 05, 2025

MLS signs a deal with EA to stream four soccer matches on mobile gaming platform
MLS games will be offered on EA's mobile platform in the coming months, as the U.S.' top soccer league looks to expand its audience.

CNBC Business
May 05, 2025

Inside GM's decade-long battle to revive Cadillac as the quintessential American luxury car brand
Here's how the brand is trying to get its portfolio back into shape and boost its status in the competitive luxury vehicle market.

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