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   NEWS: CNBC BUSINESS
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.

CNBC Business
Jun 07, 2025

Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos
Slate Auto hopes its modular, stripped-down vehicle will be the future of affordable EVs, but it has a long road ahead.

CNBC Business
Jun 06, 2025

Lululemon shares tumble 20% as it cuts full-year earnings guidance, citing 'dynamic macroenvironment'
Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."

CNBC Business
Jun 06, 2025

Used vehicle prices ease from tariff fear-buying highs but remain elevated
Used vehicle prices last month eased from a recent high in April as consumers who needed a vehicle but feared price hikes due to tariffs purchased one quickly.

CNBC Business
Jun 05, 2025

Walmart plans to expand drone deliveries to three more states
The big-box retailer has already tested drone deliveries in Arkansas and expanded them in the Dallas-Forth Worth area.

CNBC Business
Jun 05, 2025

Lululemon shares tumble 23% as it cuts full-year earnings guidance, citing 'dynamic macroenvironment'
Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."

CNBC Business
Jun 05, 2025

Lululemon shares tumble 20% as it cuts full-year guidance, citing 'dynamic macroenvironment'
Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."

CNBC Business
Jun 05, 2025

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in headcount adjustments.

CNBC Business
Jun 05, 2025

'Car Wars': Five auto insights investors should know from top BofA analyst
Key topics include billions of dollars in expected EV write-downs, a retrench to "core" businesses for automakers and a collapse of the auto industry in China.

CNBC Business
Jun 05, 2025

Ram resurrects Hemi engine for popular pickup trucks in 'Symbol of Protest'
Stellantis is resurrecting its well-known V-8 Hemi engine for its Ram 1500 full-size pickup trucks beginning this summer.

CNBC Business
Jun 05, 2025

Disney says its theme parks generate $67 billion in annual U.S. economic impact
Disney's economic impact report arrives on the heels of its announcement of a new theme park in Abu Dhabi and the opening of rival Universal's Epic Universe.

CNBC Business
Jun 05, 2025

Procter & Gamble to cut 7,000 jobs as part of broader restructuring
CFO Andre Schulten said more details about the job cuts will be shared on the company's fiscal fourth-quarter earnings call in July.

CNBC Business
Jun 05, 2025

Brown-Forman shares plummet as whiskey maker warns of tariff uncertainty
Sales for Brown-Forman's whiskey products — Jack Daniel's and Woodford Reserve — were flat, while the company's tequila and ready-to-drink portfolios declined.

CNBC Business
Jun 05, 2025

Wealthy inheritors plan to fire their parents' wealth advisors
Millennials and Gen Zers said they were unimpressed with poor digital offerings or a lack of services and products from their parents' firms.

CNBC Business
Jun 05, 2025

NBA team sponsorship revenue up 8% to $1.6 billion, boosted by jersey patches
Growth in sponsorships comes on the heels of the NBA's landmark $77 billion media rights deal, which begins next season.

CNBC Business
Jun 05, 2025

Here's how tariffs could affect the price of goods like shoes and sweaters
A model from AlixPartners shows what items like sweaters and shoes imported from Vietnam could cost under President Donald Trump's tariff plans.

CNBC Business
Jun 04, 2025

Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
The blitz involved more than 100 jurisdictions and over 30 retailers including Home Depot, Macy's, Target, Ulta Beauty, Walgreens, Kroger and Meijer.

CNBC Business
Jun 04, 2025

Steph Curry's Thirty Ink generated $174 million in revenue last year, and all of its businesses are profitable, company says
Curry is the CEO of Thirty Ink, which generated $174 million in revenue last year, and all of its business units are profitable, the company told CNBC Sport.

CNBC Business
Jun 03, 2025

Dollar General is shaking off tariff fears and winning over higher-income consumers
Dollar General said it's attracting more middle- and higher-income shoppers who are seeking value.

CNBC Business
Jun 03, 2025

Ford reports 16% sales increase in May amid employee pricing, tariffs
Ford on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an employee pricing program amid rising tariff costs.

CNBC Business
Jun 03, 2025

McDonald's is bringing back the snack wrap to U.S. restaurants next month
McDonald's customers have been clamoring for the return of the snack wraps for years.

CNBC Business
Jun 03, 2025

Peloton launching resale market for used bikes, treadmills
Peloton is already winning over customers who have bought a secondhand bike or treadmill, but now it's going to get a slice of the resale market.

CNBC Business
Jun 03, 2025

Alaska Airlines to make Europe debut with Rome flights next year
Alaska Airlines is planning to offer flights to Rome

CNBC Business
Jun 03, 2025

Hims & Hers to acquire European telehealth platform in global expansion
Hims & Hers Health will acquire Zava, expanding the company's services to Ireland, France and Germany and growing its active customer base by roughly 50%.

CNBC Business
Jun 02, 2025

Private equity firm Roark Capital invests in fast-growing restaurant chain Dave's Hot Chicken
Roark's investment follows a boom for chicken-focused restaurants and a rising tolerance for spice among younger consumers.

CNBC Business
Jun 02, 2025

More office space is being removed than added for the first time in at least 25 years
More office space is now being removed than is being added. That should help the recovery in a real estate sector that was crushed by the pandemic.

CNBC Business
Jun 02, 2025

Byron Allen puts broadcast TV stations up for sale
Byron Allen is putting his 28 broadcast TV stations up for sale in a bid to reduce his company's debt load.

CNBC Business
Jun 02, 2025

SailGP launches sports betting with DraftKings and Bet365
SailGP's sports betting push is part of a broader strategic plan to attract new fans, drive deeper engagement and grow the league's popularity

CNBC Business
Jun 02, 2025

Stephen Curry considers broadcasting, team ownership and PGA Tour Champions as NBA retirement inches closer
Stephen Curry is already thinking about his post-NBA plans, which could include broadcasting, team ownership and even playing on the senior PGA Tour.

CNBC Business
Jun 02, 2025

4-time NBA champion Stephen Curry says even he suffers from impostor syndrome
In addition to his basketball accolades, Curry owns a media company, a bourbon brand, a golf league for kids and a philanthropic foundation.

CNBC Business
Jun 02, 2025

How Under Armour signed Stephen Curry away from Nike
In 2023, Under Armour signed a long-term extension with Stephen Curry and made him president of the newly formed Curry Brand, housed under the company's banner.

CNBC Business
May 31, 2025

Here are the retailers raising prices as Trump tariffs take hold
Retailers including Costco and Best Buy have already raised prices as a way to mitigate the tariff impact.

CNBC Business
May 30, 2025

This is why Jamie Dimon is always so gloomy on the economy
JPMorgan Chase CEO Jamie Dimon has regularly warned that the U.S. economy faces perils, but even as he sounds the alarm, his bank is doing better than ever.

CNBC Business
May 30, 2025

Caviar and privacy: Airlines' business-class wars are here
American and United are revamping their international business class

CNBC Business
May 29, 2025

Costco tops earnings and revenue estimates as sales jump 8%, shares still dip
Costco is poised to benefit from tariff volatility as it offers competitive prices and bulk discounts.

CNBC Business
May 29, 2025

Gap shares plummet as retailer says tariffs could cost between $100 million and $150 million
Gap beat Wall Street's expectations on the top and bottom lines but said new tariffs could cost it hundreds of millions of dollars.

CNBC Business
May 29, 2025

Gap shares plummet as retailer says tariffs could cost between $100 and $150 million
Gap beat Wall Street's expectations on the top and bottom lines but is expecting new tariffs to cost hundreds of millions of dollars.

CNBC Business
May 29, 2025

Costco tops earnings and revenue estimates as sales jump 8%
Costco is poised to benefit from tariff volatility as it offers competitive prices and bulk discounts.

CNBC Business
May 29, 2025

American Eagle issues downbeat quarterly guidance as earnings miss expectations
AEO reported quarterly earnings that missed expectations, reflecting a $75 million merchandise write-down, following the company pulling its full-year guidance.

CNBC Business
May 29, 2025

Non-alcoholic beer projected to overtake ale as the second-largest beer category worldwide this year
Major beer brands like Guinness, Budweiser and Heineken have rolled out non-alcoholic alternatives over the last five years.

CNBC Business
May 29, 2025

Jeep reveals new Cherokee SUV, confirms hybrid model
Jeep has reported six consecutive years of U.S. annual sales declines, with a 10% decline through the first quarter of this year.

CNBC Business
May 29, 2025

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says
Boeing's airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said.

CNBC Business
May 29, 2025

Best Buy cuts profit outlook due to tariffs, says it already hiked some prices
Best Buy posted better-than-expected first-quarter earnings but cut its outlook as President Donald Trump's tariffs raise the cost of imported electronics.

CNBC Business
May 29, 2025

Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Best Buy posted better-than-expected first-quarter earnings but cut its outlook as President Donald Trump's tariffs raise the cost of imported electronics.

CNBC Business
May 29, 2025

United Airlines plans to return to JFK — again — in new partnership with JetBlue
United and JetBlue announced a new partnership that will allow customers to earn and burn frequent flyer points on each other's airline.

CNBC Business
May 29, 2025

High school sports at PBS stations could be at risk with potential federal funding cuts
High school sports has become a core part of the local offering for PBS stations over the years. That could be at risk if federal funding gets cut.

CNBC Business
May 28, 2025

E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in deal valued up to $1 billion
E.l.f. Beauty is acquiring Hailey Bieber's skincare brand Rhode for up to $1 billion as it looks to reach higher-income shoppers.

CNBC Business
May 28, 2025

Abercrombie & Fitch soars more than 14% even as retailer slashes profit outlook due to tariffs
Abercrombie & Fitch's growth is slowing at its namesake brand and the company is expecting tariffs to reduce its earnings by $50 million.

CNBC Business
May 28, 2025

Auto giant Stellantis appoints Antonio Filosa as new CEO
Auto giant Stellantis on Wednesday appointed North American boss Antonio Filosa as its new chief executive.

CNBC Business
May 28, 2025

Abercrombie & Fitch soars more than 15% even as retailer slashes profit outlook due to tariffs
Abercrombie & Fitch's growth is slowing at its namesake brand and the company is expecting tariffs to reduce its earnings by $50 million.

CNBC Business
May 28, 2025

Abercrombie & Fitch soars 27% even as retailer slashes profit outlook due to tariffs
Abercrombie & Fitch's growth is slowing at its namesake brand and the company is expecting tariffs to reduce its earnings by $50 million.

CNBC Business
May 28, 2025

Dick's Sporting Goods stands by full-year guidance — even with tariffs looming
Dick's Sporting Goods reaffirmed its sales and profit guidance for fiscal 2025 and said the figures take into account all current tariffs in effect.

CNBC Business
May 28, 2025

Macy's CEO says retailer will hike some prices as tariffs cut into profits
Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook as tariffs complicate its turnaround strategy.

CNBC Business
May 28, 2025

Abercrombie & Fitch soars 25% even as retailer slashes profit outlook due to tariffs
Abercrombie & Fitch's growth is slowing at its namesake brand and the company is expecting tariffs to reduce its earnings by $50 million.

CNBC Business
May 28, 2025

Hybrid leader Toyota targets major growth in plug-in vehicles amid industry's EV uncertainty
Company sources said Toyota plans to increase PHEVs from 2.4% last year to roughly 20% of its U.S. sales volume by 2030.

CNBC Business
May 27, 2025

Movie theater stocks soar after record-breaking Memorial Day box office
The domestic box office tallied in an estimated $326 million in ticket sales over Memorial Day Weekend, the highest haul for the holiday period ever.

CNBC Business
May 27, 2025

JPMorgan Chase is heading upmarket to woo America's millionaires
The new locations, dubbed J.P. Morgan Financial Centers, have a feel and earth-tone color palette that sets them apart from the nearly 5,000 Chase branches.

CNBC Business
May 27, 2025

Southwest Airlines will start charging $35 for a checked bag tomorrow
Southwest on May 28 will start selling basic economy tickets and charging for checked bags for the first time in its history.

CNBC Business
May 26, 2025

It's the last chance for Southwest plane tickets with two free checked bags, as policy ends in days
Southwest on May 28 will start selling basic economy tickets and charging for checked bags for the first time in its history.

CNBC Business
May 23, 2025

United Airlines reaches 'industry-leading' labor deal with flight attendants, union says
United has reached a tentative agreement with flight attendants for a new contract.

CNBC Business
May 23, 2025

Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes
Boeing and DOJ reached an agreement that will allow the aircraft maker to avoid prosecution for fraud over the deadly 737 Max charges.

CNBC Business
May 23, 2025

Personal finance app Monarch raises $75 million despite 'nuclear winter' for fintech startups
Monarch aims to provide an all-in-one mobile app for tracking spending, investments and money goals.

CNBC Business
May 22, 2025

Insurers brace for impact as NOAA predicts above-average hurricane season
Government scientists predict an above average hurricane season with 3-5 major hurricanes.

CNBC Business
May 22, 2025

American Airlines CFO says some travelers are avoiding Newark airport
American Airlines' CFO says some travelers have avoided Newark in favor of other area airports, but cautioned the impact was modest.

CNBC Business
May 22, 2025

Universal leans into theme parks with multibillion-dollar Epic Universe, even as economic uncertainty looms
Universal Studios opened its new theme park Epic Universe and it hopes the five new worlds will help it take on rival Disney and bring in millions of visitors.

CNBC Business
May 22, 2025

April home sales dropped to the slowest pace for that month since 2009
Home sales in April dropped, as consumers faced high home prices and growing concern over the economy and employment.

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