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CNBC Business
Jul 01, 2025

Medicaid cuts in Trump's 'big beautiful bill' will leave millions uninsured, threaten rural hospitals
The bill would cut $1.1 trillion in health-care spending and result in 11.8 million people losing health coverage over the next decade, according to estimates.

CNBC Business
Jul 01, 2025

Modelo owner Constellation Brands misses on earnings as aluminum tariffs hit profitability
Constellation Brands missed Wall Street's estimates for quarterly earnings and revenue, as the Modelo owner saw lower demand and paid higher aluminum tariffs.

CNBC Business
Jul 01, 2025

Medicaid cuts in Trump's 'big beautiful' bill will leave millions uninsured, threaten rural hospitals
The bill would cut $1.1 trillion in health-care spending and result in 11.8 million people losing health coverage over the next decade, according to estimates.

CNBC Business
Jul 01, 2025

Climate threat to U.S. infrastructure is accelerating. Here's what's most at risk
Climate risk to U.S. infrastructure is rising, and government cuts to climate science are only accelerating that risk.

CNBC Business
Jul 01, 2025

Ford sales jump 14% in the second quarter, well above industry forecast
Ford sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry increase, the automaker said Tuesday.

CNBC Business
Jul 01, 2025

English Premier League integrates Microsoft AI into fan app in new 5-year deal
The English Premier League and Microsoft announced a new partnership that infuses AI into the league's app, website and fantasy sports platform.

CNBC Business
Jul 01, 2025

Jewelry sales outperform as U.S. spending for most luxury goods falters, Citi report finds
Luxury spending decreased less than feared in May, but it's too early to say that upper-income consumers have reached a turning point.

CNBC Business
Jun 30, 2025

NASA plans to stream rocket launches on Netflix starting this summer
NASA will begin streaming on Netflix this summer.

CNBC Business
Jun 30, 2025

WNBA announces three new teams in Cleveland, Detroit and Philadelphia
The new WNBA franchises will grow the league to 18 teams over the next few years.

CNBC Business
Jun 30, 2025

Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros
Home Depot is trying to attract more sales from contractors and other home professionals.

CNBC Business
Jun 30, 2025

Moderna's flu vaccine shows positive late-stage trial results, paving way for combination Covid shot
The phase three study data clears the path forward for Moderna's combination jab targeting Covid-19 and influenza.

CNBC Business
Jun 27, 2025

Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon
Nike investors finally have an answer from CEO Elliott Hill about how long its turnaround plan will take, boosting confidence that upside is ahead.

CNBC Business
Jun 27, 2025

Hemi V-8 engines and mechanical bull rides: Inside Stellantis' plan to revive its Ram Trucks brand after yearslong sales declines
Ram CEO Tim Kuniskis' turnaround plan for Stellantis' truck brand includes the return of Hemi V-8 engines, mechanical bulls and many other untraditional plans.

CNBC Business
Jun 27, 2025

?Here's how the luxury real estate market is splitting up
?Here's how the luxury real estate market is splitting up

CNBC Business
Jun 26, 2025

Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and profits still have more room to fall.

CNBC Business
Jun 26, 2025

Nike sales drop 12%, but sneaker giant says the worst of its slump is behind it
Nike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and profits still have more room to fall.

CNBC Business
Jun 26, 2025

The $5 million Trump Card faces legal challenges, limited market
President Donald Trump is offering a $5 million path to citizenship for the wealthy with his Trump Card.

CNBC Business
Jun 26, 2025

Nike will report earnings after the bell. Here's what Wall Street expects
Nike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and profits still have more room to fall.

CNBC Business
Jun 26, 2025

RFK Jr.'s CDC vaccine panel backs Merck RSV shot for infants
The votes in favor of Merck's shot are a sigh of relief after Kennedy gutted the panel and tapped replacements, some of whom are well-known vaccine critics.

CNBC Business
Jun 26, 2025

Family offices double down on private credit and infrastructure during private equity slump, survey finds
Investment firms of the ultra-rich are changing their portfolios for greater liquidity and less risk.

CNBC Business
Jun 26, 2025

Pixar's 'Elio' is emblematic of a bigger headwind for Hollywood
Disney and Pixar's "Elio" had a record low opening for the studio, but its performance is emblematic of a much wider trend in Hollywood: a reliance on sequels.

CNBC Business
Jun 26, 2025

PayPal teams up with the Big Ten and Big 12 to enable payments to student-athletes
A new partnership between the Big Ten and Big 12 conferences and PayPal will allow student-athletes to receive their compensation via the fintech company.

CNBC Business
Jun 25, 2025

RFK Jr.'s CDC vaccine panel will review long-approved shots as skeptics gain sway
It is unclear how Kennedy's new members, including Dr. Robert Malone, will affect the panel's vaccine recommendations.

CNBC Business
Jun 25, 2025

Airport lounges, Europe and premium class are on the table, Southwest CEO says
Southwest CEO Bob Jordan said the airline is open airport lounges and higher-end service like Europe flights and more premium classes to woo travelers.

CNBC Business
Jun 25, 2025

Southwest airport lounges? CEO says carrier is open to even more high-end changes
Southwest CEO Bob Jordan said the airline is open airport lounges and higher-end service like Europe flights and more premium classes to woo travelers.

CNBC Business
Jun 25, 2025

Sales of new homes tanked in May, pushing supply up to a 3-year high
New home sales dropped much more than expected, as high prices, high mortgage rates and weak consumer confidence ate into demand.

CNBC Business
Jun 25, 2025

CDC vaccine panel holds first meeting since RFK Jr. put immunization critics in place
It is unclear how Kennedy's new members, including Dr. Robert Malone, will affect the panel's vaccine recommendations.

CNBC Business
Jun 25, 2025

Women's Tennis Association extends media rights deal with Tennis Channel through 2032
The Tennis Channel paid a significant increase to extend its U.S. media rights deal with the Women's Tennis Association, which includes the WTA Finals.

CNBC Business
Jun 25, 2025

ESPN renews media deal with professional lacrosse, takes an equity stake in the league
ESPN is renewing its media deal with the Premier Lacrosse League and taking an equity stake in the organization.

CNBC Business
Jun 24, 2025

FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.

CNBC Business
Jun 24, 2025

Carnival shares pop on earnings beat and raised full-year outlook
Carnival shares climbed Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance.

CNBC Business
Jun 24, 2025

Back-to-school spending persists despite economic pressure, consumer survey says
Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey.

CNBC Business
Jun 24, 2025

McDonald's and Krispy Kreme will end doughnut partnership next month
Krispy Kreme and McDonald's are ending their collaboration for good, saying the deal was not profitable for the doughnut chain.

CNBC Business
Jun 24, 2025

Home price hikes are slowing more than expected
Home prices are starting to weaken due to higher mortgage rates, more supply on the market and waning demand from homebuyers concerned about the economy.

CNBC Business
Jun 23, 2025

How Fanatics is teaching business acumen to pro athletes
More than two dozen NBA, NFL and NHL players participated in Fanatics' Athlete Immersion Program, featuring prominent CEOs and business leaders.

CNBC Business
Jun 23, 2025

Novo Nordisk ends deal with Hims & Hers over sales of Wegovy copycats; HIMS drops 34%
Novo Nordisk said Hims & Hers has "failed to adhere to the law which prohibits mass sales of compounded drugs" under the "false guise" of personalization.

CNBC Business
Jun 23, 2025

Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base
Airlines diverted flights in the Middle East on Monday after Iran's armed forces said the country launched a missile strike on a U.S. military base in Qatar.

CNBC Business
Jun 23, 2025

May home sales increase very slightly, but prices hit another record high
Sales of existing homes rose very slightly in May from April but were still weaker than they were a year ago. Prices rose, hitting a record high for May.

CNBC Business
Jun 23, 2025

Novo Nordisk ends deal with Hims & Hers over sales of Wegovy copycats; HIMS drops 28%
Novo Nordisk said Hims & Hers has "failed to adhere to the law which prohibits mass sales of compounded drugs" under the "false guise" of personalization.

CNBC Business
Jun 23, 2025

Novo Nordisk ends deal with Hims & Hers over sales of Wegovy copycats; HIMS drops 20%
Novo Nordisk said Hims & Hers has "failed to adhere to the law which prohibits mass sales of compounded drugs" under the "false guise" of personalization.

CNBC Business
Jun 23, 2025

New Stellantis CEO faces slew of challenges, vows to avoid 'mediocrity'
Antonio Filosa, a 51-year-old Italian native, is taking over as CEO as the automaker deals with fractured relationships, regulatory uncertainty and more.

CNBC Business
Jun 23, 2025

Major U.S. health insurers say they will streamline controversial process for approving care
Insurers such as CVS and UnitedHealthcare will implement the changes across commercial, Medicare and Medicaid plans, benefiting 257 million Americans.

CNBC Business
Jun 20, 2025

Kroger's shares rise as grocer says shoppers seek lower prices, cook more at home
The supermarket operator said it's trying to attract value-driven shoppers with coupons

CNBC Business
Jun 20, 2025

JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in assets
JPMorgan, the biggest U.S. bank by assets and a leader across most major categories of finance, is relatively puny among online brokerages.

CNBC Business
Jun 20, 2025

Darden Restaurants beats earnings estimates, as Olive Garden parent predicts growth in 2026
Darden Restaurants on Friday beat Wall Street's earnings and revenue estimates, while the Olive Garden parent predicted solid growth for the fiscal year 2026.

CNBC Business
Jun 19, 2025

The U.S. added a thousand new millionaires a day in 2024: Report
America's millionaire population totals 23.8 million, the most of any country, according to a new study by UBS.

CNBC Business
Jun 18, 2025

Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation
The Buss family has agreed to sell a majority stake of the Los Angeles Lakers to businessman Mark Walter.

CNBC Business
Jun 18, 2025

Nike pushes back Skims launch with Kim Kardashian due to production delays
Nike is delaying the launch of its highly anticipated NikeSKIMS activewear line, according to a person familiar with the matter.

CNBC Business
Jun 18, 2025

FDA approves Gilead's twice-yearly HIV prevention injection, offering a powerful and convenient new option
The launch of the injection faces potential threats, including the Trump administration's proposed cuts to federal funding for HIV prevention efforts.

CNBC Business
Jun 18, 2025

RFK Jr.'s new vaccine advisors will vote on flu shots containing mercury
It is the panel's first meeting with Kennedy's newly appointed members, many of whom are well-known vaccine critics.

CNBC Business
Jun 18, 2025

Stellantis' Ram brand to offer industry-leading pickup truck warranty as part of turnaround plan
The warranty covers the engine, transmission, transfer case, driveshafts, differentials, and axles for 10 years or 100,000 miles, whichever comes first.

CNBC Business
Jun 17, 2025

Streaming surpasses combined broadcast and cable viewing for the first time
Streaming has outpaced the combined share of broadcast and cable TV viewing for the first time ever, according to a new Nielsen report.

CNBC Business
Jun 17, 2025

Streaming surpasses combined broadcast and cable viewing for first time ever
Streaming has outpaced the combined share of broadcast and cable TV viewing for the first time ever, according to a new Nielsen report.

CNBC Business
Jun 17, 2025

Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
Sentiment among the nation's homebuilders fell due to stubbornly higher mortgage rates, tariff concerns and economic uncertainty among consumers.

CNBC Business
Jun 17, 2025

Democrats press Pfizer, J&J and others over low tax bills and lobbying as Senate debates Trump's plan
The lawmakers accuse Pfizer, Merck, J&J, AbbVie and Amgen of paying little to nothing in federal taxes despite generating billions of dollars annually.

CNBC Business
Jun 17, 2025

GM unveils quickest Corvette ever with ZR1X 'hypercar' going 0-60 mph in less than two seconds
GM on Tuesday revealed the 2026 Chevrolet Corvette ZR1X "hypercar" — a souped-up version of the Corvette E-Ray hybrid that went on sale in 2023.

CNBC Business
Jun 17, 2025

PGA Tour names NFL's Brian Rolapp as CEO to succeed Commissioner Jay Monahan
As the NFL's Chief Media and Business Officer, Brian Rolapp oversaw the league's commercial, broadcast and digital rights.

CNBC Business
Jun 17, 2025

JetBlue to cut more flights, other costs with break-even 2025 'unlikely' due to weaker travel demand
JetBlue Airways CEO Joanna Geraghty told staff that the carrier is implementing a host of new cost cuts as softer-than-expected travel demand is making break-even operating margins this year unlikely.

CNBC Business
Jun 17, 2025

Yum! Brands names CFO Chris Turner as its next CEO
Yum Brands has named CFO Chris Turner as its next CEO. He is expected to take over October

CNBC Business
Jun 17, 2025

JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee
JPMorgan, the biggest U.S. bank by assets, shook up the card industry with the launch of the Sapphire Reserve almost a decade ago.

CNBC Business
Jun 17, 2025

Kraft Heinz to remove artificial dyes from U.S. products by end of 2027
Kraft Heinz also said it will not launch any new products in the U.S. with artificial dyes, effective immediately.

CNBC Business
Jun 17, 2025

Targeted cancer drugs may replace chemo for some patients — and drugmakers say they're getting closer
Companies like AstraZeneca, Daiichi Sankyo, Pfizer and Merck are learning from previous setbacks in the ADC space to improve their efficacy and safety.

CNBC Business
Jun 16, 2025

Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards
The long-running rivalry between the country's top premium credit cards is about to heat up again.

CNBC Business
Jun 15, 2025

Starbucks moves to the next phase in its turnaround: Winning over employees
Starbucks CEO Brian Niccol pitched his turnaround strategy to store managers at the company's Leadership Experience in Las Vegas.

CNBC Business
Jun 15, 2025

Boeing Dreamliner crash, military escalations darken mood at Paris Air Show
The trade event is a big draw for the industry every year, as Boeing, Airbus and other aerospace giants host parties, sign deals and show off new aircraft.

CNBC Business
Jun 13, 2025

Shares of scandal-plagued Brazilian meat giant JBS rise 3% in U.S. public debut
Brazilian meat giant JBS is making its U.S. public market debut on the New York Stock Exchange under the ticker "JBS."

CNBC Business
Jun 13, 2025

Airlines divert, suspend flights after Israel's strike on Iran closes airspace in Middle East
Several flights diverted after Israel's Iran strikes early Friday while Delta and United canceled their service to Tel Aviv.

CNBC Business
Jun 13, 2025

Air India plane crash kills at least 241 people, 1 passenger survives
The cause of the crash wasn't immediately known and could take months to determine.

CNBC Business
Jun 13, 2025

WNBA renews media rights deal with Scripps
The new agreement comes after Ion has seen huge growth with the WNBA and as the league gains in popularity thanks to stars like Caitlin Clark and Angel Reese.

CNBC Business
Jun 13, 2025

Shares of scandal-plagued Brazilian meat giant JBS open at $13.65 in U.S. public debut
Brazilian meat giant JBS is making its U.S. public market debut on the New York Stock Exchange under the ticker "JBS."

CNBC Business
Jun 13, 2025

Airlines divert, cancel flights after Israel's strike on Iran closes airspace in Middle East
Several flights diverted after Israel's Iran strikes early Friday while Delta and United canceled their service to Tel Aviv.

CNBC Business
Jun 13, 2025

Battle over Jimmy Buffett's $275 million estate highlights risks of family trusts
The late singer's widow, Jane, and the co-trustee of the estate, Richard Mozenter, have filed lawsuits against one another.

CNBC Business
Jun 12, 2025

Air India crash: What to know about the first fatal Boeing Dreamliner tragedy
An Air India jet flying from Ahmedabad to London crashed shortly after takeoff into a fireball with 242 people aboard.

CNBC Business
Jun 12, 2025

Air India confirms plane crash killed at least 241 people, 1 passenger survives
The cause of the crash wasn't immediately known and could take months to determine.

CNBC Business
Jun 12, 2025

Prices for common baby items are rising due to Trump's tariffs, congressional analysis says
The analysis tracked the prices of five popular baby gear categories: car seats, bassinets, strollers, high chairs and baby monitors.

CNBC Business
Jun 12, 2025

Fed's inspector general is reviewing Trump administration's moves to dismantle CFPB
Key oversight arms of the U.S. government are examining the whirlwind of activity at the CFPB after Trump's acting head Russell Vought took over in February.

CNBC Business
Jun 12, 2025

Most retail executives expect Trump to walk back 'reciprocal' tariffs, survey finds
As negotiations with China continue, retail executives are optimistic that reciprocal tariffs could be walked back.

CNBC Business
Jun 12, 2025

Hundreds feared dead after Air India jet crashes after takeoff
The cause of the crash wasn't immediately known and could take months to determine.

CNBC Business
Jun 12, 2025

Air India Boeing 787 bound for London with 242 aboard crashes after takeoff in India
The cause of the crash wasn't immediately known and could take months to determine.

CNBC Business
Jun 12, 2025

RFK Jr. names some vaccine critics to key CDC committee after ousting entire panel
The new members will join the Advisory Committee on Immunization Practices, or ACIP, which advises the Centers for Disease Control and Prevention.

CNBC Business
Jun 11, 2025

Howard Schultz says he 'did a cartwheel' when Starbucks CEO Niccol coined 'back to Starbucks' strategy
Former Starbucks CEO Howard Schultz made a surprise appearance at the company's Leadership Experience in Las Vegas.

CNBC Business
Jun 11, 2025

State AGs led by NY's Letitia James pressure Meta to clean up investment scams on Facebook
Meta, the parent company of Facebook, Instagram and Whatsapp, is struggling to control the rise of cyber scams on its platforms.

CNBC Business
Jun 11, 2025

Women's Tennis Association unveils rule protecting players' rankings during fertility procedures
The Women's Tennis Association has introduced a rule allowing players to protect their rankings during fertility treatments.

CNBC Business
Jun 11, 2025

GM to invest $4 billion in U.S. plants amid tariffs for Mexican-produced vehicles
GM plans to invest $4 billion in three American assembly plants, including moving or increasing production of two Mexican-produced vehicles to U.S. plants.

CNBC Business
Jun 10, 2025

Starbucks to roll out Microsoft Azure OpenAI assistant for baristas
Starbucks will launch "Green Dot Assist" in stores in the U.S. and Canada in fiscal 2026.

CNBC Business
Jun 10, 2025

In China, fears grow of an EV financial crisis amid pricing war
Electric vehicle makers in China, led by the country's market leader BYD, have been engaged in a bruising price war.

CNBC Business
Jun 10, 2025

RFK Jr.'s firing of CDC vaccine panel undermines science, could threaten public health, experts say
Some experts say the move undermines science, disrupts a trusted regulatory process and could sow public distrust in vaccinations and federal health agencies.

CNBC Business
Jun 10, 2025

FanDuel adds 50-cent surcharge on Illinois bets to offset state taxes, DraftKings may follow
The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.

CNBC Business
Jun 10, 2025

Boeing airplane orders rise to highest level since late 2023 ahead of Paris Air Show
Boeing booked 303 gross orders in May, the most since December 2023.

CNBC Business
Jun 10, 2025

Paramount to cut 3% of U.S. workforce as it deepens cost-cutting
It's the latest round of layoffs at Paramount as it contends with cord-cutting and prepares to merge with Skydance Media.

CNBC Business
Jun 09, 2025

Disney to pay Comcast $438.7 million to take full control of Hulu, ending lengthy valuation process
Disney will pay Comcast an additional $438.7 million to acquire its stake in streaming service Hulu.

CNBC Business
Jun 09, 2025

RFK Jr. removes all members of CDC panel advising U.S. on vaccines
It's the latest move by Kennedy - a prominent vaccine skeptic - to change and potentially undermine vaccinations in the U.S. since he took the helm at HHS.

CNBC Business
Jun 09, 2025

FDA approves Merck's RSV shot for infants, ramping up competition with Sanofi and AstraZeneca
Merck's shot will compete against a similar blockbuster treatment from Sanofi and AstraZeneca called Beyfortus.

CNBC Business
Jun 09, 2025

Warner Bros. Discovery split throws the future of TNT Sports into question
Warner Bros. Discovery CEO David Zaslav suggests TNT Sports may move away from HBO Max in the future.

CNBC Business
Jun 09, 2025

Walmart is using its own fintech firm to provide credit cards after dumping Capital One
Walmart had leaned on Capital One as exclusive provider of its credit card since 2018, but sued the bank in 2023 so that it could exit the relationship.

CNBC Business
Jun 09, 2025

Chipotle to launch Adobo Ranch dip after sluggish start to the year
Adding Adobo Ranch to one of Chipotle's burrito bowls will cost 75 cents extra.

CNBC Business
Jun 09, 2025

Sports agency Elevate launches $500 million college investment as payment landscape evolves
A rapidly evolving college sports landscape has led to many schools seeking out new ways to generate revenue.

CNBC Business
Jun 09, 2025

Warner Bros. Discovery to split into two public companies by next year
The move comes as consumers cut cords from their cable plans and companies focus on streaming.

CNBC Business
Jun 08, 2025

Trump wants to bring manufacturing jobs back. The aviation industry can't hire fast enough
The aviation industry is facing a retirement wave of workers who make and fix airplanes.

CNBC Business
Jun 07, 2025

Why it's getting even harder to get into airport lounges now
Capital One was the latest company to issue new restrictions on getting into airport lounges.

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