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CNBC Business
Feb 25, 2021

Biden isn't going to make Saudis a ‘pariah' despite Khashoggi, says foreign policy expert
Michael O'Hanlon explains why President Joe Biden will not make Saudi Arabia "a pariah" due to the economic and military relationship at stake.

CNBC Business
Feb 25, 2021

Fisker CEO says the EV startup is trying to do more than just take customers from Tesla
"The real market opportunity is the 80 million people who buy a new car every year," Fisker CEO Henrik Fisker told CNBC.

CNBC Business
Feb 25, 2021

As business travel falls, Airbnb sees opportunity in remote work travel
"The lines between traveling and living are starting to blur together," Airbnb CEO Brian Chesky told CNBC.

CNBC Business
Feb 25, 2021

As bond yields rise, Jim Cramer shrugs off inflation fears roiling stocks
The Nasdaq Composite suffered its worst day of trading since October as the tech sell-off continued. CNBC's Jim Cramer explained what's pressuring stocks.

CNBC Business
Feb 25, 2021

Nvidia CEO confident in company's growth prospects even if Arm acquisition does not happen
Nvidia CEO Jensen Huang told "Mad Money" host Jim Cramer that the company would "be huge no matter what."

CNBC Business
Feb 25, 2021

Twitter CFO says company is confident about strategy to double revenues in two years
As Twitter plans to double its user base and revenues by 2023, CFO Ned Segal said it seeks to tap a $150 billion addressable digital ad market.

CNBC Business
Feb 25, 2021

Nikola is paying $8.1 million in legal fees for ousted chairman Trevor Milton
The fees are part of an increased legal expenses of $27.5 million primarily related to regulatory/legal matters in connection to fraud claims by a short-seller.

CNBC Business
Feb 25, 2021

Beyond Meat strikes deals with McDonald's, Yum but shares fall on wider quarterly loss
Beyond Meat has struck deals with fast-food giants McDonald's and Yum Brands.

CNBC Business
Feb 25, 2021

Stocks making the biggest moves after the bell: Beyond Meat, Etsy, Virgin Galactic & more
These are the stocks posting the largest moves after the bell on Thursday, Feb. 25.

CNBC Business
Feb 25, 2021

Best Buy is speeding changes to adapt to a post-pandemic consumer: Smaller—and fewer—stores ahead
The retailer is reducing its headcount, testing smaller stores and evaluating the size of its store footprint across the country.

CNBC Business
Feb 25, 2021

Beyond Meat posts wider loss, but shares rise after company strikes deal with McDonald's, Yum
Beyond Meat has struck deals with fast-food giants McDonald's and Yum Brands.

CNBC Business
Feb 25, 2021

FAA fines Boeing $6.6 million over compliance and quality-control lapses
The FAA fined Boeing $6.6 million over compliance and quality control lapses.

CNBC Business
Feb 25, 2021

Relativity Space unveils a reusable, 3D-printed rocket to compete with SpaceX's Falcon 9
Relativity Space, the 3D-printing rocket builder, is making another big bet: Developing a fully reusable rocket.

CNBC Business
Feb 25, 2021

White House leaves door open to boycotting 2022 Beijing Olympics as pressure grows
Pressure is growing from activists and GOP politicians who want the U.S. to bow out of the games in protest of China's human rights record and other conduct.

CNBC Business
Feb 25, 2021

CDC study finds nursing home residents who appear to have recovered from Covid were reinfected with an even worse case
A new CDC study released on Thursday suggests some people may be susceptible to coronavirus reinfection and could have worse outcomes later on.

CNBC Business
Feb 25, 2021

Costco is raising its minimum wage to $16 an hour for its U.S. store workers
Costco is raising its minimum wage to $16 an hour, putting its starting wage above rivals like Amazon, Target and Best Buy.

CNBC Business
Feb 25, 2021

Jeff Bezos' Blue Origin delays the first launch of next-generation rocket New Glenn to late 2022
Jeff Bezos' Blue Origin delayed the first launch of its New Glenn rocket by a year, citing the loss of Pentagon contracts to competitors SpaceX and ULA.

CNBC Business
Feb 25, 2021

Best Buy braces for rivals to slash prices and dangle deals as pandemic-fueled demand fades
The retailer and its competitors saw heavy demand during the global health crisis, creating less need to sell items at a discount.

CNBC Business
Feb 25, 2021

Pfizer director Dr. Scott Gottlieb explains how a third Covid shot may protect against variants
Pfizer is exploring two paths with its vaccine to try providing more protection against new Covid strains, according to board member Dr. Scott Gottlieb.

CNBC Business
Feb 25, 2021

McDonald's new chicken sandwich could boost Tyson Foods, Pilgrim's Pride and other poultry suppliers, analyst says
McDonald's new line of chicken sandwiches benefits Tyson Foods and Pilgrim's Pride, a Bank of America Securities report said.

CNBC Business
Feb 25, 2021

Peppa Pig theme park coming to Legoland Florida Resort in 2022
Hasbro said it has partnered with Merlin Entertainment to create a Peppa Pig theme park at the Legoland Florida Resort.

CNBC Business
Feb 25, 2021

Here's why jobless claims are the wrong way to understand unemployment in the U.S.
The U-3 is considered the standard for measuring unemployment, but not everyone agrees the metric is a comprehensive picture U.S. unemployment.

CNBC Business
Feb 25, 2021

From Dungeons & Dragons to Risk and Clue, Hasbro outlines upcoming film and TV plans
Fans of Transformers, My Little Pony and Dungeons & Dragons are going to have more ways to experience their favorite toys and games.

CNBC Business
Feb 25, 2021

China lays down another marker in the offshore wind sector, accounting for half of last year's installations
Europe is the largest market for offshore wind, but the Asia-Pacific region is catching up.

CNBC Business
Feb 25, 2021

Wayfair sales come up short, but the retailer says demand for home goods online is strong
Wayfair gained more customers during the fourth quarter, but they bought smaller, less-expensive items, dragging down average order values.

CNBC Business
Feb 25, 2021

Carlyle's Rubenstein says biggest economic risk is high unemployment, not stock market speculation
Carlyle Group's David Rubenstein told CNBC there might some stock market speculation but the bigger problem for the U.S. economy is high unemployment.

CNBC Business
Feb 25, 2021

$100 billion market cap is the blue-sky scenario for Moderna, analyst says
Moderna, a forerunner in the development of coronavirus vaccines, has the potential to reach a $100 billion-plus market capitalization, according to an analyst.

CNBC Business
Feb 25, 2021

Sweden will soon be home to a major steel factory powered by the 'world's largest green hydrogen plant'
The iron and steel sector has a significant environmental footprint.

CNBC Business
Feb 25, 2021

PepsiCo to launch line of cocktail mixers as at-home drinking booms
PepsiCo will launch a line of cocktail mixers under a new brand, Neon Zebra, next month.

CNBC Business
Feb 25, 2021

5 things to know before the stock market opens Thursday
Dow futures rose Thursday, one day after the 30-stock average closed at a record high.

CNBC Business
Feb 25, 2021

Best Buy earnings beat expectations, but shares fall as sales growth slows
Sales growth slowed, and the retailer expects the pace will weaken even further as people shift spending away from their homes.

CNBC Business
Feb 25, 2021

Covid vaccine passports are being considered. And health experts and rights groups are deeply concerned
The U.S., U.K. and EU are considering whether to introduce a digital passport that will allow citizens to show they have been vaccinated against Covid-19.

CNBC Business
Feb 25, 2021

Wayfair's sales come up short, but the retailer says demand for home goods online remains strong
Though Wayfair gained more customers during the fourth quarter, they bought smaller, less-expensive items, dragging down average order values.

CNBC Business
Feb 25, 2021

How 7-Eleven became the world's biggest convenience store
7-Eleven is betting healthier foods and new services aided by technology will help redefine its future.

CNBC Business
Feb 25, 2021

Retirees eager to travel should check their Medicare coverage before hitting the road
Whether health services will be covered by your plan depends partly on your destination, as well the specifics of your coverage.

CNBC Business
Feb 25, 2021

Domino's Pizza earnings miss as U.S. same-store sales growth slows, pizza chain's shares fall
Domino's Pizza on Thursday reported quarterly earnings missed estimates as pandemic costs weighed on earnings and U.S. same-store sales growth slowed.

CNBC Business
Feb 25, 2021

Papa John's earnings miss, weighed down by higher costs, but chain sees strong pizza demand
Papa John's earnings fell short of estimates as higher food costs and employee bonuses weighed on profits even as demand for its pizza remains high.

CNBC Business
Feb 25, 2021

Moderna expects $18.4 billion in 2021 sales from Covid vaccine, chief medical officer to depart
Moderna also said its chief medical officer, Tal Zaks, will leave the company in late September.

CNBC Business
Feb 25, 2021

Target to open mini Apple shops inside 17 stores in latest move to woo customers
The retailer is trying to hang on to market share gains as the pandemic wanes and customers may feel comfortable returning to the mall or other competitors.

CNBC Business
Feb 25, 2021

Fanatics pairs with Hillhouse Capital to start $1 billion sports retail unit in China
Fanatics China will be a joint venture with investment firm Hillhouse Capital, an Asia-focused private equity fund.

CNBC Business
Feb 25, 2021

The wealthy are borrowing billions against their art collections and lenders are reselling the debt
The move to borrow against collections creates the risk of a leveraged boom and bust in the art market.

CNBC Business
Feb 25, 2021

Hasbro looks to Entertainment One to turn the toymaker into a media contender
Hasbro's Entertainment One acquisition promises to change it from a toy manufacturer that dabbles in film and television into a full-blown media empire.

CNBC Business
Feb 25, 2021

A tale of two Europes? Covid infections fall for some but others fear a 'third wave'
While the number of new coronavirus infections is falling dramatically in some countries in Europe, others fear a "third wave."

CNBC Business
Feb 25, 2021

Virgin Galactic replaces CFO, adds new engineering leadership ahead of earnings report
Virgin Galactic announced a shakeup of its executive leadership, with the space tourism company set to report its fourth quarters earnings after the bell.

CNBC Business
Feb 25, 2021

38% of Americans would give up sex for a year just to travel again, survey finds
After staying home for nearly a year, Americans said they would willingly give up love, sex or money in exchange for a vacation, according to a recent survey.

CNBC Business
Feb 25, 2021

Travel restrictions have no end in sight as European leaders worry about new variants
European leaders will say on Thursday that all non-essential travel needs to remain restricted as the health situation remains "serious".

CNBC Business
Feb 25, 2021

This record-breaking stock has the ‘perfect stay-at-home story,' portfolio manager says
Dow stock Disney is rallying to records this week. Two market analysts break down what's behind the surge.

CNBC Business
Feb 24, 2021

U.S. should expedite AstraZeneca vaccine authorization before new Covid variants spread, Dr. Peter Hotez says
Dr. Peter Hotez warned that people should not become complacent due to dropping Covid cases, especially amid reports of B.1.526 spreading in New York.

CNBC Business
Feb 24, 2021

Tiger Woods suffered ‘a high energy fracture' that makes his injuries ‘more difficult to heal,' says orthopedic surgeon
Orthopedic Surgeon Dr. Scott Boden explains the scope of Tiger Woods' injuries and what his recovery could look like following the golfer's devastating crash.

CNBC Business
Feb 24, 2021

These fractional stocks, not GameStop, can outdo hedge funds at their own game, Jim Cramer says
"Mad Money" host Jim Cramer laid out a list of a dozen quality, high-dollar stocks that he said retail investors can hold to outperform Wall Street pros.

CNBC Business
Feb 24, 2021

Paramount leans heavy on reboots and spin-offs for streaming service slate
ViacomCBS is leaning hard into old favorites when it comes to padding its upcoming streaming service Paramount .

CNBC Business
Feb 24, 2021

Aphria CEO hopes weed is fully legalized in U.S. in 2 to 3 years, touts global growth prospects
"We'll have the balance sheet, ... we'll have the technology to be able to make a major impact once legalization happens," Aphria CEO Irwin Simon told CNBC.

CNBC Business
Feb 24, 2021

Covid variants could 'undermine all of our efforts' if virus spreads globally, CDC director says
The head of the CDC warned on Wednesday that Covid variants "stand to reverse the progress that has been made to control this pandemic."

CNBC Business
Feb 24, 2021

Cramer: 10 SPAC stock ideas worth buying on a decline
"The next time these higher quality SPACs get hit ... you need to be ready to buy," the "Mad Money" host said Wednesday.

CNBC Business
Feb 24, 2021

Gen Z and millennials seeking flexibility are changing corporate America, Upwork CEO says
Growing interest in freelance and independent work has only been compounded by pandemic remote work trends, Upwork CEO Hayden Brown said.

CNBC Business
Feb 24, 2021

Watchdog calls for stronger FAA oversight after flawed Boeing 737 Max certification
The Transportation Department's watchdog called for stronger FAA oversight after lapses ahead of the deadly Boeing 737 Max crashes.

CNBC Business
Feb 24, 2021

Stocks making the biggest moves after the bell: GameStop, Nvidia, ViacomCBS & more
These are the stocks posting the largest moves after the bell on Wednesday, Feb. 24.

CNBC Business
Feb 24, 2021

L Brands shares rise on Victoria's Secret owner's earnings beat, strong first-quarter outlook
Victoria's Secret parent L Brands reported fourth-quarter earnings that topped analysts' estimates, but sales fell short due to weakness at its lingerie brand.

CNBC Business
Feb 24, 2021

Shares of SPAC for electric-car company Lucid plummet 20% more after merger announcement
The stock closed down 18.5% to $28.70 a share, adding to a tumultuous week for the special purpose acquisition company, also known as a SPAC.

CNBC Business
Feb 24, 2021

Shares of SPAC for electric car company Lucid plummet another 20% after merger announcement
The stock closed down 18.5% to $28.70 a share, adding to a tumultuous week for the special purpose acquisition company, also known as a SPAC

CNBC Business
Feb 24, 2021

General Motors says worst of global chip shortage may be behind it
General Motors believes the worst of a global chip shortage that's forced automakers to cut production and close plants could be behind it.

CNBC Business
Feb 24, 2021

Moderna to begin clinical trials of Covid booster shots for variant from South Africa, sends to NIH for study
Moderna said it has shipped to the NIH doses of a new Covid-19 vaccine designed to provide better protection against the South Africa variant.

CNBC Business
Feb 24, 2021

First COVAX vaccine shipment arrives in Ghana as developing world hopes to catch up
The news is a hopeful turning point for poorer countries that risk being left behind in the global race for vaccinations.

CNBC Business
Feb 24, 2021

Marvel's 'Loki' series will debut on Disney starting June 11
The long-awaited "Loki" series, which takes place after the events of "Avengers: Endgame," stars Tom Hiddleston and arrives June 11 on Disney .

CNBC Business
Feb 24, 2021

Dr. Fauci says new data suggests 'long' Covid symptoms can last up to 9 months
New data suggests that people with Covid-19 can continue to suffer from symptoms for up to nine months after the initial infection, Dr. Anthony Fauci said.

CNBC Business
Feb 24, 2021

U.S. is ready to roll out J&J vaccine 'without delay,' pending FDA clearance, Biden health officials say
President Joe Biden's Covid czar Jeff Zients said the administration is ready to deliver J&J's vaccine "without delay" if granted FDA emergency authorization.

CNBC Business
Feb 24, 2021

Gap to invest $140 million to build Texas warehouse as online sales swell
The Longview, Texas, warehouse will be able to process 1 million packages per day as Gap tries to double its online business over the next two years.

CNBC Business
Feb 24, 2021

U.S. retail sales to rise 6.5% to 8.2% in 2021, as Covid vaccine triggers fastest economic growth in over two decades, NRF says
Retail sales are expected to grow in 2021 between 6.5% and 8.2%, amounting to more than $4.33 trillion, the National Retail Federation said Wednesday.

CNBC Business
Feb 24, 2021

Bruce Springsteen pleads guilty to public drinking - but prosecutor drops DWI charge
Springsteen, 71, was arrested in November at Gateway National Recreation Area in New Jersey, also known as Sandy Hook.

CNBC Business
Feb 24, 2021

Marriott CEO says leisure travel will rebound as vaccines roll out, but business travel will return too
Hotels have been suffering during the pandemic from less tourism, but Marriott CEO Tony Capuano expects the industry to recover with the help of vaccines.

CNBC Business
Feb 24, 2021

Mattel outlines plan for 2021 and beyond, expects sales to grow by mid-single digits through 2023
During Mattel's investor day Wednesday the company reiterated its expectations for growth in the coming year and laid out its forecast for 2022 and 2023.

CNBC Business
Feb 24, 2021

These are the most common side effects from J&J's one-shot Covid vaccine
Roughly 40% of people who took J&J's Covid vaccine reported headaches and just over 38% reported feeling fatigued, the FDA staff said.

CNBC Business
Feb 24, 2021

Watch live: Biden Covid team holds briefing after FDA staff releases positive review of J&J vaccine
President Joe Biden's Covid-19 response team is holding a news briefing Wednesday on the coronavirus pandemic.

CNBC Business
Feb 24, 2021

Fisker shares surge on electric car deal with Apple iPhone assembler Foxconn
Shares of electric vehicle start-up Fisker surged more than 20% in trading Wednesday morning after the company announced a manufacturing deal with Foxconn

CNBC Business
Feb 24, 2021

Former Tesla exec signs new recycling deal as battery costs soar
The booming EV plans may mean the industry has to look at recycling batteries as a new source for key minerals.

CNBC Business
Feb 24, 2021

Drugmakers are ramping up Covid vaccine production after fixing initial manufacturing delays
"We've been in the process of developing a manufacturing process for a vaccine product that we've never made before," Pfizer Chief Business Officer John Young said.

CNBC Business
Feb 24, 2021

'Major rise' in public support for Covid vaccines but doubts remain, UK study finds
More than three quarters of people in the U.K. now say they are "very likely" to have a coronavirus vaccine, a survey by the University of Oxford has found.

CNBC Business
Feb 24, 2021

5 things to know before the stock market opens Wednesday
U.S. stock futures turned lower Wednesday, a day after Wall Street's wild ride that saw the Nasdaq claw back nearly all of a nearly 4% loss.

CNBC Business
Feb 24, 2021

FDA staff endorses J&J's single-shot Covid vaccine for emergency use — clearing way for third vaccine in U.S.
The FDA's staff endorsed Johnson & Johnson's Covid-19 vaccine for emergency use, a critical step in bringing a third shot to the U.S. marketplace.

CNBC Business
Feb 24, 2021

Lowe's tops earnings estimates as same-store sales jump 28%, warns that some DIY trends could fade
Lowe's said fourth-quarter same-store sales climbed 28.1%, as consumers spent money on home projects during the pandemic.

CNBC Business
Feb 24, 2021

Op-ed: Here's what to evaluate before investing in the SPACs boom
Special purpose acquisition companies are an alternative way for companies to go public that differs from a standard IPO. What to evaluate before investing.

CNBC Business
Feb 24, 2021

Premier League's 'most inclusive, accessible and sustainable stadium' wins approval
A growing number of sporting arenas are integrating sustainable features into their design.

CNBC Business
Feb 24, 2021

Lowe's earnings top estimates as same-store sales jump 28%, warns some DIY trends could fade
Lowe's said Wednesday that its fourth-quarter same-store sales climbed 28.1%, as consumers continued to spend money on home projects during the pandemic.

CNBC Business
Feb 24, 2021

Quarantine-free travel may be one step closer with new travel industry app
A new app from the International Air Travel Association could mark the first step in resuming quarantine-free international travel.

CNBC Business
Feb 24, 2021

Billionaire investor Rakesh Jhunjhunwala reveals how he's playing India's electric vehicle market
The billionaire investor said he is a large shareholder in Tata Motors and is betting the firm will be a big winner in India's electric vehicle market.

CNBC Business
Feb 24, 2021

Tiger Woods is 'awake, responsive and recovering' after car crash and emergency surgery
Golf superstar Tiger Woods was injured Tuesday in Los Angeles when his car crashed and rolled over, authorities said.

CNBC Business
Feb 23, 2021

‘We got to do a better job' vaccinating underserved communities, says Connecticut governor
Connecticut Governor Lamont explains why his state must "do a better job" when it comes to delivering Covid vaccines to underserved communities.

CNBC Business
Feb 23, 2021

Cash usage has increased amid the pandemic, Brinks CEO says
"Potential investors confuse that cash is going down," but "the strength of cash is just as strong as it was before" the pandemic, Brinks CEO Doug Pertz said.

CNBC Business
Feb 23, 2021

Jim Cramer on how to approach growth stocks after inflation worries shake up market
CNBC's Jim Cramer said investors have two choices to make on growth stocks after Federal Reserve Chair Jerome Powell reaffirmed his monetary policy plans.

CNBC Business
Feb 23, 2021

Tiger Woods lucky to be alive after car crash leaves him with serious leg injuries, officials say
Golf superstar Tiger Woods was injured Tuesday in Los Angeles when his car crashed and rolled over, authorities said.

CNBC Business
Feb 23, 2021

P&G CEO expects higher demand for cleaning products to outlast pandemic
"I think we've all gotten in habits of cleaning. We've got in the habit of the home being a bigger part of our life," P&G CEO David Taylor told CNBC.

CNBC Business
Feb 23, 2021

Stocks making the biggest moves after the bell: GameStop, Square, Intuit & more
These are the stocks posting the largest moves after the bell on Tuesday, Feb. 23.

CNBC Business
Feb 23, 2021

Workhorse Group drops nearly 50% after EV company is passed over for USPS contract
Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service.

CNBC Business
Feb 23, 2021

Crocs became a pandemic staple, but CEO Andrew Rees optimistic its new fans will stick around
Some have called Crocs the "it" shoe of the pandemic, as the clog became a closet staple for consumers seeking comfort.

CNBC Business
Feb 23, 2021

High-profile SPAC craters after announcing plan to merge with electric car company Lucid
Lucid plans to go public through a reverse merger with a blank-check company started by veteran investment banker Michael Klein.

CNBC Business
Feb 23, 2021

Here's what investors should know about rocket builder Astra as it prepares to go public
Rocket builder Astra is preparing to go public via a SPAC in the second quarter, with CEO Chris Kemp telling CNBC how the company plans to scale its business.

CNBC Business
Feb 23, 2021

Tiger Woods in surgery after suffering leg injuries in major rollover car crash
Golf superstar Tiger Woods was injured Tuesday in Los Angeles when his car crashed and rolled over, authorities said.

CNBC Business
Feb 23, 2021

Kia unveils 2022 Carnival as new SUV-inspired minivan with VIP lounge seating
Kia Motors is replacing its Sedona minivan with a new SUV-inspired model called the Carnival beginning in the second quarter of this year.

CNBC Business
Feb 23, 2021

High profile SPAC craters after announcing plan to merge with electric car company Lucid
Lucid plans to go public through a reverse merger with a blank-check company started by veteran investment banker Michael Klein.

CNBC Business
Feb 23, 2021

President Biden to visit Texas on Friday following deadly winter storm
President Biden said he will travel to Houston, Texas on Friday. He will be joined by first lady Jill Biden.

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