Business Archives - Page 7 of 7

Barington pushes Mattel to fix or sell off American Girl, Fisher-Price

The Mattel Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot

(AS) starts trading on NYSE

Wilson products at the Paragon Sports store in the Chelsea neighborhood of New York on Jan. 4, 2024. Jeenah Moon

Merck (MRK) Q4 earnings report 2023

The logo for Merck & Co. is displayed on a screen at the New York Stock Exchange (NYSE) in New

Paramount bidder Byron Allen has long history of failed media bids

Byron Allen, founder, chairman and CEO of the Allen Media Group, speaks during the Milken Institute Global Conference in Beverly

PGA Tour secures up to $3 billion U.S. investment amid LIV Golf merger

PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January

Starbucks (SBUX) Q1 2024 earnings

A Starbucks coffee cup sits on a table at one of the coffee chain’s locations in Miami, Florida, on June

JetBlue Airways (JBLU) earnings Q4 2023

JetBlue Airways swung to a loss in the fourth quarter and forecast lower capacity this year as it scrambles to

Retail return fraud is rising as consumers send back holiday purchases

As retailers tried to win shoppers and boost sales in recent years, they made their online return policies more lenient

FanDuel parent Flutter lists on the NYSE, challenging DraftKings

FanDuel parent Flutter listed on the New York Stock Exchange on Monday, offering U.S. investors an alternative to the biggest

GM Cruise probe finds poor leadership at center of accident response

Chevrolet Cruise autonomous vehicles sit parked in a lot in San Francisco, June 8, 2023. Justin Sullivan | Getty Images

Big pharma Merck, Bristol Myers, J&J prepare to lose revenue

The New York Stock Exchange welcomes Johnson & Johnson (NYSE: JNJ) to the podium. NYSE Big pharmaceutical companies such as

Three space companies at risk of running out of cash

A view from onboard the upper stage of rocket LV0009 during the company’s livestream on March 15, 2022. Astra /

Why kids streaming content is vital to subscriber growth

Tinky-Winky, Laa-Laa, Dipsy and Po pose for a photo as the Teletubbies celebrate their 25th anniversary with the Lighting of

Merck, J&J CEOs agree to testify in Senate hearing on drug prices

Sen. Bernie Sanders, I-Vt., holds his news conference with Sen. Ed Markey, D-Mass., in the Capitol on Thursday, January 25,

Levi Strauss plans to cut at least 10% of corporate workforce

Jeans are displayed at a Levi Strauss store in New York, March 19, 2019. Shannon Stapleton | Reuters Levi Strauss

WWE boss Vince McMahon sued over alleged sexual assault, trafficking

TKO Executive Chairman of the Board Vince McMahon is seen during a ceremony announcing Dwayne “The Rock” Johnson has joined

GM, Honda begin U.S. fuel cell production toward replacing diesel

An employee assembles a fuel cell system in the module final assembly at Fuel Cell System Manufacturing LLC, GM and

David Ellison’s Skydance Media explores buying Paramount Global

Shari Redstone, president of National Amusements and Vice Chairman, CBS and Viacom speaks at the WSJTECH live conference in Laguna

Chipotle aims to hire 19,000 workers ahead of spring

A “Now Hiring” sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC. Anna

Netflix (NFLX) earnings Q4 2023

LOS ANGELES — Shares of Netflix jumped in extended trading Tuesday after the company reported adding 13.1 million subscribers during

Johnson & Johnson (JNJ) earnings Q4 2023

The stock trading graph of Johnson & Johnson is seen on a smartphone screen. Rafael Henrique | SOPA Images |

United Airlines (UAL) Q4 2023 earnings

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019. Justin Sullivan

Alec Baldwin charged again in 2021 ‘Rust’ movie set shooting

An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie

Why United Airlines invested $1 billion in Denver Airport

Last year was Denver International Airport’s busiest on record. While airline stocks have yet to fully recover to pre-pandemic levels,

Shoppers deal with holiday debt

Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images When she started shopping

Nelson Peltz outlines plans for Disney proxy battle

Activist investor Nelson Peltz. David A. Grogan | CNBC Disney and its investors are going to start hearing a lot

Spirit Airlines raises fourth-quarter forecast, stock jumps

Spirit Airlines jetliners on the tarmac at Fort Lauderdale Hollywood International Airport. (Joe Cavaretta/South Florida Sun Sentinel/Tribune News Service via

JetBlue, Spirit appeal judge ruling that blocks their proposed merger

Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Nov. 1, 2023. Eva Marie Uzcategui

Home goods retailer to cut 1,650 employees

Wayfair IPO on the floor of the New York Stock Exchange. Lucas Jackson | Reuters Wayfair is cutting 13% of

Macy’s to cut jobs and close stores

Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations

Jamie Dimon warns on U.S. economy in 2024, 2025

JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of

Boehringer Ingelheim, Terns, Viking may join market

Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used

Classic car auction site Bring a Trailer sales hit record $1.4 billion

1967 Porsche 910 Source: Bringatrailer.com Bring a Trailer, the popular online auction site for collectible cars, posted record sales in

JetBlue-Spirit merger block in win for Biden’s Justice Department

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC A federal judge

Delta Air Lines (DAL) Q4 2023 earnings

Delta Air Lines closed out the year by doubling its quarterly profit as travel demand, particularly for international trips, helped

For 10-year GM CEO Mary Barra, 2024 is about change and crisis

Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly

Renewed interest in ADCs will continue in 2024

Medical personnel use a mammogram to examine a woman’s breast for breast cancer. Hannibal Hanschke | dpa | Picture Alliance

Alaska, Japan airline incidents highlight importance of safety demonstrations

A display showing the ‘fasten your seatbelt’ sign and the ‘no smoking’ sign illuminated on board an aircraft. Jeff Overs

How owner Spin Master is innovating iconic puzzle

Erno Rubik, inventor of the Rubik’s Cube, holds one of the cubes at the International Toy Fair in Nuremberg, Germany,

Flights canceled, delayed as weather, Max 9 grounding disrupt travel

A screen displays flight information at Des Moines International Airport, in Des Moines, Iowa, U.S., January 12, 2024. REUTERS/Marco Bello

Airline stocks tumble after Delta trims profit forecast

Delta Air Lines shares slipped about 9% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings

Bank of America (BAC) earnings Q4 2023

Bank of America shares fell 1.1% Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges. Here’s what

New York and California make retail theft top 2024 priority

The governors of New York and California announced sweeping plans to crack down on retail crime this week, as trade

CVS to close ‘select’ pharmacies in Target stores in the coming months

CVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail

Citigroup at risk of quarterly loss after disclosing charges

Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike

Global shipping rates set to surge as carriers avoid Red Sea

The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices

Honda teases new EVs with Space-Hub, Saloon concept cars

Honda Saloon concept electric vehicle Courtesy Honda Honda Motor revealed two concept cars Tuesday at the CES tech conference as

Radio shows surprising resilience in changing media world

Airline passengers between flights patronize the iHeartRadio facility at Denver International Airport in Denver on Jan. 19, 2014. Robert Alexander

Top 10 best-selling cars in the U.S. in 2023

2023 Ford Super Duty F-350 Limited Ford DETROIT – America maintained its love affair with pickup trucks in 2023 —

How Many Female Plumbers Are There in the UK?

Female Plumbers Are There in the UK Less than 1% of plumbers are women in the UK, despite homeowners wanting

Pat McAfee attacks ESPN executive amid Rodgers, Kimmel fight

PHOENIX, ARIZONA – FEBRUARY 09: Former NFL player and host Pat McAfee speaks on radio row ahead of Super Bowl

Blank Street Coffee bets on subscription program

Blank Street Coffee’s shops have taken over New York City as they lure in customers with cheap lattes and cold

Peloton partners with TikTok on classes, content

Peloton has launched a partnership with TikTok. Courtesy of: Peloton Peloton launched a partnership with TikTok on Thursday as part

Red Sea crisis fuels shipping costs, delays, inflation

The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023.

Ford F-150 Lightning EV price adjustments

The Ford F-150 Lightning Electric Truck. John Tlumacki | Boston Globe | Getty Images DETROIT — Ford Motor is increasing

Maersk Red Sea pause shows Operation Prosperity Guardian limits

A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29,

What’s ahead for franchises, theaters

Timothee Chalamet stars in Warner Bros.’ “Dune.” Warner Bros. Mean girls, Spider-Women and sandworms will headline the 2024 box office

‘Aquaman and the Lost Kingdom’ domestic box office opening

Jason Momoa stars as Arthur Curry, aka Aquaman, in Warner Bros.’ “Aquaman and the Lost Kingdom.” Warner Bros. Discovery “Aquaman

Medicare drug price negotiations what’s ahead in 2024

Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services (HHS)

PGA Tour, LIV Golf working to extend merger deadline into 2024

A PGA TOUR logo is seen after play was suspended due to severe storms during the third round of THE

November pending home sales unchanged, despite lower mortgage rates

Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to

Disney’s Star Wars is 2023’s top film franchise without a new movie

American actors Mark Hamill, Carrie Fisher and Harrison Ford on the set of “Star Wars: A New Hope,” written, directed

SpaceX rockets set new launch record in 2023

A SpaceX Falcon Heavy rocket with the Psyche spacecraft launches from NASA’s Kennedy Space Center in Cape Canaveral, Florida, on

Companies losing pricing power after years of unbridled spending

A FedEx worker delivers packages in New York, May 9, 2022. Andrew Kelly | Reuters After years of unbridled consumer

Boeing urges inspections of 737 Max planes for ‘possible loose bolt’

The Boeing 737 MAX aircraft is displayed at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. Peter Cziborra

Cheddar News sold by Altice USA to media company Archetype

The Cheddar News logo is seen on a smartphone and PC screen. Sopa Images | Lightrocket | Getty Images Cheddar

2024 is shaping up to be the year of the streaming bundle

The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.

Barbie, Oppenheimer, Taylor Swift: 2023’s most important films

Movie posters for “Barbie” and “Oppenheimer” are pictured outside the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, in

‘The Color Purple’ scores second-best Christmas debut box office ever

Taraji P. Henson stars in Warner Bros. “The Color Purple.” Warner Bros. Discovery It was a very Merry Christmas for

October home prices post biggest gain of 2023

A “sale pending” sign is posted in front of a home for sale on November 30, 2023 in San Anselmo,

AI is giving Santa a boost this holiday season

Manonallard | E+ | Getty Images For many Americans, it’s the first holiday season when most of the family may

Warner Bros., Paramount merger talks may draw out NBCUniversal

Let’s say you have a crush on two people and you find out one of them may like you back.

13 media executives make 2024 predictions

NYT Columnist Andrew Ross Sorkin and C.E.O. of The Walt Disney Company Bob Iger speak during the New York Times

$100 million New Jersey deli stock fraud case guilty plea

Your Hometown Deli in Paulsboro, N.J. Google Earth A North Carolina ex-convict pleaded guilty to securities fraud in connection with

Health sector themes to watch in 2024

An employee works on the production line of pharmaceutical company Zentiva in Prague, Czech Republic, May 6, 2021. David W.

Bristol Myers Squibb to buy Karuna Therapeutics

Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or

Are the Contractors at Alps Roofing Certified and Trained?

Roofing Certified and Trained The roof is an important part of your home, protecting you and your loved ones from

Migration could boost Universal dominance over Disney

Universal and Illuminations latest animated film centers on a family of ducks who decides to leave the safety of a

Nike, Foot Locker shares plunge on weak sales outlook

Nike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer

Nike (NKE) earnings Q2 2024

A customer enters a Nike store along the Magnificent Mile shopping district in Chicago on Dec. 21, 2022. Scott Olson

Boeing hands over first 787 Dreamliner to China since 2019

The Boeing 787 Dreamliner sits on the tarmac at Boeing Field in Seattle, Washington. Robert Sorbo | Reuters Boeing on

Shein grilled on China relationship, data privacy ahead of IPO

A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023. Scott Olson | Getty Images The

Over a half-billion dollars in rail freight stuck at Texas border

Major railroads Union-Pacific and BNSF, a subsidiary of Berkshire Hathaway, are urging the reopening of El Paso and Eagle Pass

Shippers divert $35 billion in cargo from Red Sea

So far, shippers have diverted about more than $30 billion worth of cargo away from the Red Sea as they

Theft and crime higher nearby

Target’s shuttered small-format store on Folsom Street in San Francisco’s SoMa neighborhood, November 2023. Gabrielle Fonrouge | CNBC On Sept.

How Houthi attacks in Red Sea threaten global supply chain

A container ship sails through the new section of the Suez Canal in the Egyptian port city of Ismailia, 135

Nikola founder Trevor Milton sentenced to 4 years in prison

Nikola founder Trevor Milton was sentenced Monday to four years in prison in connection to defrauding investors of the embattled

Delta beefs up Austin flights in battle for fast-growing airport

Angel Di Bilio | iStock Editorial | Getty Images Delta Air Lines is adding more flights next year at Austin-Bergstrom

2024 expectations for Wegovy, Ozempic, Zepbound

George Frey | Bloomberg | Getty Images Weight loss drugs exploded into the public eye this year, and 2024 will

Darden Restaurants (DRI) Q2 2024 earnings

An Olive Garden restaurant in Fremont, California, on Sept. 14, 2023. Bloomberg | Getty Images Darden Restaurants on Friday reported

Shipping giants Hapag-Lloyd and Maersk pause Red Sea travel

The Hamburg flag flies in front of Hapag-Lloyd containers on the Hapag-Lloyd containership “Berlin Express” at Burchardkai in the Port

Pro pickleball players form collective amid pay cuts, merger

Major League Pickleball finals at Pickle & Chill on October 16, 2022 in Columbus, Ohio. Emilee Chinn | Getty Images

Cruise autonomous vehicle venture in danger of becoming latest GM flop

DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or

Timothée Chalamet’s ‘Wonka’ could open with $35 million

Timothee Chalamet stars as a young Willy Wonka in Warner Bros.’ “Wonka.” Warner Bros. Discovery A younger, sweeter Willy Wonka

Trian nominates Peltz and former Disney exec to media giant’s board

Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit

Manhattan rents fall for first time in over two years

A view of clouds over Manhattan skyline in New York, United States on August 08, 2023. (Photo by Fatih Aktas/Anadolu

Pfizer 2024 revenue, profit forecast disappoints

Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street’s expectations, as it sees

Netflix releases viewing stats for nearly all titles for first time

Rege-Jean Page and Phoebe Dynevor star in Netflix’s “Bridgerton.” Netflix Creators rejoice: Netflix is finally revealing viewership statistics on nearly

Hasbro lays off 1,100 workers amid weak holiday toy sales

Hasbro is laying off about 1,100 employees as the toy maker struggles with soft sales that have carried into the

UAW files labor practice charges against Hyundai, Honda, VW

United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on

Wells Fargo mortgage lenders probed over racial discrimination

People pass by a Wells Fargo bank on May 17, 2023 in New York City. Spencer Platt | Getty Images

National Retail Federation walks back key organized retail crime claim

The leading retail lobbying group has walked back a key claim about shrink, or inventory losses from various sources, after

Starbucks tells union it wants to resume contract talks in January

Members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle in Washington, D.C., on

First CRISPR gene-editing treatment approved in U.S.

The U.S. Food and Drug Administration on Friday approved the country’s first gene-editing treatment, Casgevy, for use in patients with

McDonald’s investor day highlights and top risks in 2024

The Ronald McDonald balloon floats down Central Park West during the Macy’s Thanksgiving Day Parade on November 23, 2023, in

Automakers turn to hybrids in the middle of the EV transition

2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow

Paramount PARA shares jump after reports of takeover interest

Paramount logo is seen on the building in Los Angeles, United States on November 13, 2023. Nurphoto| Getty Images Paramount

Lululemon (LULU) earnings Q3 2023

Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey. Mike Calia | CNBC Lululemon

A Boho Jewelry Box is a Great Gift For a Bohemian Girl

Boho Jewelry Box A boho jewelry box can make a great gift for a girl who loves to wear bohemian-inspired

PGA Tour star Jon Rahm gearing up to join Saudi-backed LIV

Jon Rahm of Spain celebrates making a putt for birdie on the 18th green during the final round of the

McDonald’s to open first CosMc’s spinoff restaurant this week

McDonald’s CosMc’s Restaurant. Courtesy: McDonald’s McDonald’s will open the first location of its new spinoff brand CosMc’s this week in

Walmart CEO Doug McMillon talks about deflation

Holiday shoppers are turning to Walmart for groceries and gifts, but CEO Doug McMillon said it’s hard to predict how

CVS to change how it prices prescription drugs

A person walks by a CVS pharmacy store in Manhattan, New York, U.S., November 15, 2021. Andrew Kelly | Reuters

Activist investor urges Disney to add Nelson Peltz to board

Disney World’s Magic Kingdom in Orlando, Florida. Joe Raedle | Getty Images News | Getty Images Activist investor Ancora on

Retailers, Covid-era nostalgia revive the vinyl records industry

A stack of freshly pressed gold vinyl records at United Record Pressing. CNBC This story is part of CNBC’s new

Alaska Airlines to acquire Hawaiian Airlines in $1.9 billion deal

Alaska Air Group has agreed to buy rival Hawaiian Airlines in a $1.9 billion deal, setting up another potential regulatory

Amazon buys SpaceX rocket launches for Kuiper satellite internet project

A Falcon 9 rocket launches a Starlink mission on January 31, 2023 from Vandenberg Space Force Base in California. SpaceX

What strong Black Friday retail sales mean for holiday spending

Shoppers walk around Twelve Oaks Mall on November 24, 2023 in Novi, Michigan. Emily Elconin | Getty Images Retailers are

Apple, Paramount streaming bundle report boosts media stocks

Jakub Porzycki | Nurphoto | Getty Images Media stocks jumped Friday following a Wall Street Journal report that Apple and

Pfizer weight loss pill joins list of obesity drug flops

Sopa Images | Lightrocket | Getty Images Pfizer’s twice-daily version of its experimental weight loss pill has now joined a

Panera Bread IPO filing

A Panera Bread mango yuzu citrus charged lemonade is displayed at a Panera Bread restaurant in Novato, California, on Nov.

Pfizer to discontinue twice-daily version of weight loss pill

Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients

Ulta Beauty (ULTA) Q3 2023 earnings

Shares of Ulta Beauty rose in after-hours trading Thursday, as the company said its third-quarter sales rose while shoppers showed

Major League Pickleball asks players to take 40% pay cut

Thomas Wilson of the LA Mad Drops hits a volley shot during the MLP Mesa Premier League Championships at Legacy

UAW launches union campaigns at Tesla, 12 other automakers in the U.S.

United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South