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CNBC Business
Sep 10, 2024

Clean energy sector looks to create even more jobs after the election — regardless of who wins
Clean energy job growth outpaced the rest of the sector last year, and companies expect to keep adding positions regardless of who wins the election.

CNBC Business
Sep 10, 2024

JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses
JPMorgan Chase shares plummeted after the bank said estimates for net interest income next year were too high.

CNBC Business
Sep 10, 2024

JPMorgan Chase shares drop 7% after bank tempers guidance on interest income and expenses
JPMorgan Chase shares plummeted after the bank said estimates for net interest income next year were too high.

CNBC Business
Sep 10, 2024

New Starbucks CEO Brian Niccol outlines priorities to end coffee chain's slump
Starbucks named Brian Niccol as CEO in August, trusting him to turn around the coffee chain's slumping sales.

CNBC Business
Sep 10, 2024

SEC charges Keurig Dr Pepper over claims about K-Cups' recyclability
In Keurig's fiscal second quarter, sales of K-Cup pods and the company's brewing systems accounted for nearly a quarter of the company's revenue.

CNBC Business
Sep 10, 2024

Federal Reserve unveils toned-down banking regulations in victory for Wall Street
Bank CEOs led by JPMorgan Chase CEO Jamie Dimon have lambasted the proposed Basel Endgame regulation since it was unveiled last year.

CNBC Business
Sep 10, 2024

SEC charges Keurig Dr Pepper for making inaccurate claims about K-Cups' recyclability
In Keurig's fiscal second quarter, sales of K-Cup pods and the company's brewing systems accounted for nearly a quarter of the company's revenue.

CNBC Business
Sep 10, 2024

Southwest Chair Kelly to step down next year as activist Elliott pushes for changes at airline
Elliott has pushed for a leadership overhaul at Southwest, which earlier this year made some of the biggest operational changes in its history.

CNBC Business
Sep 10, 2024

DirecTV customers miss 'Monday Night Football' NFL game as carriage fight with Disney continues
DirecTV's pay TV customers lost access to Disney's networks, including ESPN, last week.

CNBC Business
Sep 10, 2024

Sales of $10 million homes surge in Palm Beach and New York
The number of homes that sold for $10 million or more in the second quarter jumped 44% in Palm Beach and 16% in New York, according to Knight Frank.

CNBC Business
Sep 09, 2024

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to selling chunks of the business.

CNBC Business
Sep 09, 2024

DirecTV customers will likely miss 'Monday Night Football' NFL game as carriage fight with Disney continues
DirecTV's pay TV customers lost access to Disney's networks, including ESPN, last week.

CNBC Business
Sep 09, 2024

Big Lots files for bankruptcy protection, sells to private equity firm as it promises to keep offering 'extreme bargains'
Discount home goods retailer Big Lots filed for bankruptcy protection as low-income shoppers slow spending on new furniture and home decor.

CNBC Business
Sep 09, 2024

Nelson Peltz steps down as chair of Wendy's board, starting a new era for burger chain
Peltz's Trian Fund Management has a 10% stake in Wendy's, making it the company's second-largest shareholder.

CNBC Business
Sep 08, 2024

Alzheimer's drug Leqembi promises to give patients more time, but they face a long road to treatment
Leqembi's rollout has been slowed by bottlenecks related to reimbursement uncertainties, diagnostic test requirements and regular brain scans, among others.

CNBC Business
Sep 07, 2024

The $100,000 electric truck market is here. A guide to pickups from Tesla, GM, Rivian and Ford
The U.S. electric truck market includes the Tesla Cybertruck, Ford F-150 Lightning, Rivian R1T and GM's GMC Hummer EV, GMC Sierra Denali and Chevy Silverado.

CNBC Business
Sep 07, 2024

Automakers are getting back into advertising's biggest arena: NFL
NFL games dominate viewership on traditional TV, with an average of 17.9 million viewers per game during last year's NFL regular season, according to Nielsen.

CNBC Business
Sep 07, 2024

Boeing Starliner returns to Earth empty, months later than planned
After undocking, Starliner is expected to take about six hours to return to Earth in a landing zone at White Sands Space Harbor in New Mexico.

CNBC Business
Sep 06, 2024

Boeing Starliner leaves space station empty, months later than planned
After undocking, Starliner is expected to take about six hours to return to Earth in a landing zone at White Sands Space Harbor in New Mexico.

CNBC Business
Sep 06, 2024

Starboard moves to collapse News Corp's dual class stock in challenge to Rupert Murdoch
CNBC ranks the 32 NFL teams on overall franchise value, calculated by CNBC senior sports reporter Michael Ozanian. How does your football team stack up?

CNBC Business
Sep 06, 2024

Top 10 people most likely to reach trillionaire status
At least a half-dozen companies have hit the $1 trillion mark and now the question is: Who could be the first individual person to become a trillionaire?

CNBC Business
Sep 06, 2024

Home listings are up more than 60% in some cities. Here's where
Nationwide, active listings in August were up 36% compared with the same month last year, according to a new report from Realtor.com.

CNBC Business
Sep 06, 2024

Boeing Starliner prepares to leaves space station empty, months later than planned
After undocking, Starliner is expected to take about six hours to return to Earth in a landing zone at White Sands Space Harbor in New Mexico.

CNBC Business
Sep 06, 2024

NFL's games in Brazil, Europe are key to more revenue growth, Goodell says
The NFL is banking on international markets for growth as it plays its first ever game in Brazil.

CNBC Business
Sep 06, 2024

U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree
Hiring by U.S. airlines is cooling after the industry added tens of thousands of jobs to build up for the post-Covid travel surge.

CNBC Business
Sep 06, 2024

The Kansas City Chiefs are the NFL's current dynasty — here's why they are worth less than teams that regularly miss the playoffs
The Kansas City Chiefs, despite having won three of the last five Super Bowls, are only the 18th most valuable team in the league at $6.07 billion.

CNBC Business
Sep 06, 2024

The Green Bay Packers are the one NFL team owned by its fans. Here's how it works
The Green Bay Packers, No. 12 on CNBC's Official 2024 NFL Team Valuations list, are the only publicly owned NFL team.

CNBC Business
Sep 05, 2024

Red Lobster cleared to exit Chapter 11 bankruptcy protection
A group of investors under the name RL Investor Holdings will acquire Red Lobster by the end of the month.

CNBC Business
Sep 05, 2024

Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030
The number of single-family offices is expected to rise from 8,000 to 10,720 by 2030, according to Deloitte Private.

CNBC Business
Sep 05, 2024

CNBC's Official NFL Team Valuations 2024: Here's how the 32 franchises stack up
CNBC ranks the 32 NFL teams on overall franchise value, calculated by CNBC senior sports reporter Michael Ozanian. How does your football team stack up?

CNBC Business
Sep 05, 2024

Here's where American Airlines is adding flights to Europe in summer 2025
American is boosting service to Italy, Spain and Greece.

CNBC Business
Sep 05, 2024

Ford truck, hybrid models lead to 13% increase in August sales
Ford Motor's U.S. vehicle sales jumped 13.4% last month, led by increases in the company's F-Series trucks and hybrid models.

CNBC Business
Sep 05, 2024

Private equity will be able to invest in the NFL but won't have much say in team decisions
NFL team owners voted to allow private equity firms to acquire up to 10% of teams. But the firms' involvement does not stretch beyond the cash.

CNBC Business
Sep 05, 2024

NFL team sales are likely to stall as valuations soar
The Seattle Seahawks will likely sell in the coming years, but rising valuations and modernized estate planning may slow down other full NFL team sales.

CNBC Business
Sep 05, 2024

Beyond Meat to launch new steak alternative as it focuses on health
Shares of Beyond Meat have lost a third of their value this year, dragging its market value down to less than $400 million.

CNBC Business
Sep 05, 2024

Rising NFL valuations mean massive returns for owners. Here's how good the investment is
The returns NFL owners have seen on their initial investments dwarf the gains of traditional stocks over matching time periods.

CNBC Business
Sep 05, 2024

Why the LA Rams are worth $2 billion more than the LA Chargers
The Rams have a recent Super Bowl to their name and the Chargers don't, but the gap in value is about much more than performance. It's about stadium economics.

CNBC Business
Sep 05, 2024

The Cowboys are worth $11 billion. Here's how Dallas went from losing $1 million a month to topping the NFL in value
The Cowboys are the most profitable team in the NFL, ahead of the New England Patriots, according to CNBC's 2024 Valuations list.

CNBC Business
Sep 05, 2024

CNBC's Official 2024 NFL Team Valuations: Here's how the 32 franchises stack up
CNBC ranks the 32 NFL teams on overall franchise value, calculated by CNBC senior sports reporter Michael Ozanian. How does your team stack up?

CNBC Business
Sep 04, 2024

Dollar Tree shares plunge 22% after discounter cuts full-year forecast
Dollar stores, in particular, have felt pinched as their core customer makes trade-offs after a prolonged period of pricier food and everyday costs.

CNBC Business
Sep 04, 2024

Summer box office bounced back thanks to 'Inside Out 2,' 'Deadpool & Wolverine'
The summer box office secured $3.6 billion in ticket sales, a 10% drop from the same period in 2023, but a better outcome than expected.

CNBC Business
Sep 04, 2024

Molson Coors pumps the brakes on DEI practices
Molson Coors is joining a growing list of companies bidding farewell to DEI practices like supplier quotas and DEI-based training programs.

CNBC Business
Sep 04, 2024

Dollar Tree shares plunge 20% after discounter cuts full-year forecast
Dollar stores, in particular, have felt pinched as their core customer makes trade-offs after a prolonged period of pricier food and everyday costs.

CNBC Business
Sep 04, 2024

NFL's next big media rights payday is years off — and subject to a shifting industry
The NFL and other leagues are waiting to see how the turmoil in the media industry shakes out before determining their future TV rights deals.

CNBC Business
Sep 04, 2024

Airplane engines are in short supply. The business of fixing older ones is booming
Engine repair shops have swelled to a $58 billion business, according to Alton Aviation Consultancy, and are cash cow for engine makers like GE Aerospace.

CNBC Business
Sep 04, 2024

Dollar Tree shares slide after discounter cuts full-year forecast
Dollar stores, in particular, have felt pinched as their core customer make tradeoffs after a prolonged period of pricier food and everyday costs.

CNBC Business
Sep 04, 2024

Dick's Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election
Theft at Dick's Sporting Goods had previously impacted its profits but the company now appears to be past those issues.

CNBC Business
Sep 03, 2024

Steph Curry says he wants to be an NBA owner in the future
Golden State Warriors superstar Steph Curry spoke to CNBC about his plans for after his NBA career.

CNBC Business
Sep 03, 2024

NFL season expected to spur record $35 billion in legal sports wagers
Licensed sportsbooks like DraftKings, FanDuel and ESPN Bet are working to claim a bigger share of the action.

CNBC Business
Sep 03, 2024

Soaring sports team values create new pressure for owners on taxes, succession
Succession and taxes have become especially important in the NFL, where the average age of team owners is now over 72 and team values are all surging.

CNBC Business
Sep 03, 2024

Tesla Cybertruck is in a category of its own for better or worse
The Cybertruck, which in many ways is more "cyber" than "truck," has created a new segment in the automotive industry that it solely holds.

CNBC Business
Sep 01, 2024

NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off
NBCUniversal's bet on the Olympics paid off in Paris this summer, for the company as a whole, but also its streaming platform Peacock.

CNBC Business
Sep 01, 2024

These 10 restaurant chains filed for bankruptcy this year
Chapter 11 filings have climbed 49% this year, according to BankruptcyWatch, and big-name restaurants such as Red Lobster and Buca di Beppo are among them.

CNBC Business
Aug 31, 2024

A look at the behind-the-scenes business of Hollywood studio lot tours
Universal, Warner Bros., Sony and Paramount use tours to show off the movie-making process from set design and sound recording to costumes and props.

CNBC Business
Aug 31, 2024

Cannabis industry targets luxury consumers with Fifth Avenue marijuana dispensary, Hamptons presence
In the 3½ years since New York state legalized adult-use marijuana, licensed cannabis sales have taken off, topping $100 million last year.

CNBC Business
Aug 30, 2024

FDA authorizes Novavax's updated Covid vaccine, paving way for fall rollout
The decision comes only a week after it approved a new round of messenger RNA shots from Pfizer and Moderna, which both target an offshoot of JN.1 called KP.2.

CNBC Business
Aug 30, 2024

Where are low-cost airlines cutting back now? New planes
Some discount and low-cost airlines are looking to put off big expenses on

CNBC Business
Aug 29, 2024

Ulta misses Wall Street expectations first time in 4 years, trims guidance after quarterly sales decline
Comparable sales for the second quarter fell 1.2%, compared to an 8% increase a year earlier.

CNBC Business
Aug 29, 2024

Lululemon cuts guidance, misses sales estimates after botched product launch
Lululemon's growth in its largest market, the Americas, has slowed from the highs it saw last year as it contends with product rollout challenges.

CNBC Business
Aug 29, 2024

Ulta misses Wall Street expectations, trims guidance after quarterly sales decline
Comparable sales for the second quarter fell 1.2%, compared to an 8% increase a year earlier.

CNBC Business
Aug 29, 2024

Stephen Curry signs $62.6 million, one-year contract extension with Warriors
NBA superstar Stephen Curry has agreed to sign a one-year, $62.6 million extension with the Golden State Warriors, his agent confirmed to CNBC.

CNBC Business
Aug 29, 2024

Gap beats earnings and revenue estimates, hikes profit margin outlook as results are posted early
Gap beat earnings and revenue estimates, as it posted its second-quarter results early.

CNBC Business
Aug 29, 2024

GM folding its all-electric BrightDrop vans into Chevrolet brand
GM will fold its electric BrightDrop commercial vans into the Chevrolet brand in an attempt to increase sales, accessibility and recognition of the vehicles.

CNBC Business
Aug 29, 2024

Gap shares halted after apparent early earnings release
Gap shares were halted after the apparent early release of its earnings, which are due after the closing bell Thursday.

CNBC Business
Aug 29, 2024

Best Buy shares surge on profit beat and guidance hike
Best Buy now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of $5.75 to $6.20.

CNBC Business
Aug 29, 2024

Best Buy shares jump on profit beat and guidance hike
Best Buy now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of $5.75 to $6.20.

CNBC Business
Aug 29, 2024

American Eagle saw profits grow nearly 60% as costs come down
American Eagle missed sales targets for a second quarter in a row but its profits were 60% higher as inflationary costs begin to tick down.

CNBC Business
Aug 28, 2024

YES Network, MSG Networks to launch combined New York regional sports app
The joint venture between the networks that locally air seven New York area sports teams is launching a combined streaming app.

CNBC Business
Aug 28, 2024

YES Network, MSG Networks to launch bundled New York regional sports app
The joint venture between the networks that locally air seven New York area sports teams is launching a bundled streaming app.

CNBC Business
Aug 28, 2024

Foot Locker shares drop 10% despite first comparable sales growth in six quarters
Foot Locker has spent two years transforming its business, and it's now seeing sales and margins expand, indicating its efforts are finally starting to work.

CNBC Business
Aug 28, 2024

Ford joins list of companies walking back DEI policies
Ford joins other companies walking back previous DEI commitments on supplier quotas and LGBTQ corporate equality practices.

CNBC Business
Aug 28, 2024

Foot Locker shares drop 12% despite first comparable sales growth in six quarters
Foot Locker has spent two years transforming its business, and it's now seeing sales and margins expand, indicating its efforts are finally starting to work.

CNBC Business
Aug 28, 2024

Shares of Abercrombie & Fitch plunge 15% after CEO warns of 'increasingly uncertain environment'
Abercrombie & Fitch has become one of Wall Street's biggest retail winners and the company plans to keep up the growth by expanding into international markets.

CNBC Business
Aug 28, 2024

Abercrombie & Fitch posts 21% sales gain, hikes outlook despite 'increasingly uncertain environment'
Abercrombie & Fitch has become one of Wall Street's biggest retail winners and the company plans to keep up the growth by expanding into international markets.

CNBC Business
Aug 28, 2024

Foot Locker comparable sales grow for the first time in six quarters
Foot Locker has spent two years transforming its business, and it's now seeing sales and margins expand, indicating its efforts are finally starting to work.

CNBC Business
Aug 28, 2024

Foot Locker posts comparable sales growth for the first time in six quarters
Foot Locker has spent two years transforming its business, and it's now seeing sales and margins expand, indicating its efforts are finally starting to work.

CNBC Business
Aug 28, 2024

Lego revenue jumps 13% in first half of 2024, boosted by Lego Fortnite and diverse brick sets
Lego said revenue during the first six months of the year jumped 13%, reaching 31 billion Danish krone, or about $4.65 billion.

CNBC Business
Aug 27, 2024

Nordstrom shares climb 5% as earnings top estimates, but retailer issues cautious guidance
Nordstrom has been working to cut costs and improve operations as it contends with softening demand for luxury goods.

CNBC Business
Aug 27, 2024

NFL wants a cut of private equity investment profits
NFL owners are planning to vote on a proposal Tuesday that would allow private equity firms to take a maximum 10% stake in teams.

CNBC Business
Aug 27, 2024

NFL owners vote in favor of private equity investment; select firms commit $12 billion
The NFL is the last major sports league to allow private equity investment as rising valuations make it harder for owners to buy in.

CNBC Business
Aug 27, 2024

Nordstrom shares jump 10% as earnings top estimates, but retailer issues cautious guidance
Nordstrom has been working to cut costs and improve operations as it contends with softening demand for luxury goods.

CNBC Business
Aug 27, 2024

Washington Commanders strike stadium naming rights deal with Northwest Federal Credit Union
The home of the Washington, D.C., NFL team has been without a naming rights partner since FedEx ended its deal with the Commanders in February.

CNBC Business
Aug 27, 2024

Home prices hit record high in June on S&P Case-Shiller Index
On a three-month running average ending in June, prices nationally were 5.4% higher than they were in June 2023, according to data released Tuesday.

CNBC Business
Aug 27, 2024

NFL expected to vote in favor of private equity ownership; select firms to commit $12 billion
The NFL is the last major sports league to allow private equity investment as rising valuations make it harder for owners to buy in.

CNBC Business
Aug 27, 2024

Bitcoin rally helps create more than 84,000 new crypto millionaires in a year
The surge reflects the rapid growth of bitcoin exchange-traded funds, which now have more than $50 billion in assets since their launch in January.

CNBC Business
Aug 27, 2024

Eli Lilly releases new form of weight loss drug Zepbound for half the price to boost access, supply
Eli Lilly is offering 2.5-milligram and 5-milligram single-dose vials of Zepbound for $399 per month and $549 per month, respectively.

CNBC Business
Aug 27, 2024

Bitcoin rally helps create more than 84,000 new crypto billionaires in a year
The surge reflects the rapid growth of bitcoin exchange-traded funds, which now have more than $50 billion in assets since their launch in January.

CNBC Business
Aug 26, 2024

Mavericks, Pelicans games are leaving their local sports networks ahead of NBA season
The Dallas Mavericks and New Orleans Pelicans terminated their deals with Diamond Sports ahead of the NBA season, which begins in October.

CNBC Business
Aug 24, 2024

Boeing Starliner returning empty as NASA turns to SpaceX to bring astronauts back from ISS
Boeing will return its capsule from the International Space Station without the NASA astronauts that Starliner delivered to orbit.

CNBC Business
Aug 24, 2024

Restaurants fight back against the FTC crackdown on 'junk fees' as diners balk at new charges
The FTC is trying to crack down on "junk fees." Restaurants are fighting to keep fees and surcharges on their checks.

CNBC Business
Aug 23, 2024

Bronfman's Paramount bid could keep Shari Redstone involved at the company
Edgar Bronfman Jr. is open to having Shari Redstone remain involved at Paramount if the special committee accepts his consortium's bid for a controlling stake.

CNBC Business
Aug 23, 2024

U.S. will again offer free at-home Covid tests starting in late September
Americans will soon be able to use COVIDtests.gov to request four free tests, Biden administration officials said.

CNBC Business
Aug 23, 2024

Delta chief operations officer departing for another company after just over a year on the job
Delta's COO Mike Spanos, a company outsider, was hired in May 2023.

CNBC Business
Aug 23, 2024

Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company, investors
The shifts in the automaker's electric vehicle strategy will cost the Detroit automaker up to $1.9 billion in expenses and write-downs.

CNBC Business
Aug 23, 2024

Classic car sales stall in Monterey auctions as new generation takes charge
The average sale price was $476,965, down slightly from last year's average of $477,866.

CNBC Business
Aug 22, 2024

Walmart adds a Burger King benefit to its membership program
Walmart announced a new partnership with Burger King that will offer Walmart members 25% off any Burger King order made through the BK app.

CNBC Business
Aug 22, 2024

Cava earnings beat estimates as restaurant traffic climbs nearly 10%
The Mediterranean restaurant chain Cava said its fiscal second-quarter traffic climbed 9.5%, bucking industry trends.

CNBC Business
Aug 22, 2024

Peloton shares soar 35% as turnaround plan takes hold, losses shrink
Peloton has been working to generate free cash flow and return to profitability, and has made cuts to sales and marketing budgets to improve its balance sheet.

CNBC Business
Aug 22, 2024

NWSL eliminates draft, grants unrestricted free agency to players
The new collective bargaining agreement, announced Thursday, also raises the minimum salary from $48,500 in 2025 to $82,500 by 2030.

CNBC Business
Aug 22, 2024

FDA approves updated Pfizer, Moderna Covid vaccines as virus surges; shots to be available within days
The Covid jabs target a strain called KP.2, a descendant of the highly contagious omicron subvariant JN.1 that began circulating widely in the U.S. this year.

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