CNBC — Business
Ford wants more customers to customize vehicles to boost profits as it eyes 'Nike shoe drop' moments
"Think like a 'Nike dropping a sneaker' is the vision," Simpson told CNBC during an event at the Michigan…
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CNBC — Business
JetBlue overhauls fare options, from basic first to flexible economy. Here's what to know
Those airlines have made similar moves to break up premium economy by offering different fares even at the front of the cabin. United this month said that on some aircraft it will charge a premium for a blocked middle…
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CNBC — Business
Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others
Software costs little to replicate, yielding fat profit margins and fortress balance sheets. Generative AI, by…
CNBC — Business
Boom in tech wealth is fueling record prices for dinosaur bones, art and watches, auction houses say
Christie's had its best first half since 2021, reporting sales of $4.5 billion, up 71%. Phillips, Heritage and other…
CNBC — Business
Southwest Airlines put Texas jet fuel on a boat to LA for the first time amid supply worries
Southwest Airlines hired a ship this spring to send jet fuel from Texas to California, where prices are much higher…
CNBC — Business
As the largest World Cup ever kicks off, health officials are focused on more than Ebola
Health officials are preparing for the challenges posed by this year's World Cup, particularly in light of recent…
CNBC — Business
As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth
Honeywell Aerospace is preparing for its standalone debut with optimistic growth forecasts. The company aims for…
CNBC — Business
'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT
The rise of AI technologies like ChatGPT has significantly impacted startups that were thriving before its…
CNBC — Business
Sellers are pulling homes off the market at the fastest pace since 2020
Home sellers are increasingly withdrawing their listings from the market, with 5.8% of homes delisted in April, the…
CNBC — Business
Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents
Morgan Stanley is expanding its wealth management services by integrating AI agents to manage employee stock…
CNBC — Business
Investors and labels are buying into the growing South Asian music business in the U.S.
The South Asian music business is gaining traction in the U.S., driven by the streaming era and changing demographics.…
CNBC — Business
Will Gen Z be the generation to revive moviegoing?
Gen Z is showing a renewed interest in moviegoing, driven by affordability and loyalty programs. This generation,…
CNBC — Business
'Our flavors are on the shelf': The evolution of Asian grocery beyond the 'ethnic aisle'
Asian grocery products are increasingly being integrated into mainstream grocery stores, moving beyond the traditional…
CNBC — Business
Disney files early broadcast licenses renewal 'under protest' against the FCC
Disney has filed for early renewal of broadcast licenses for eight of its stations while expressing objections to the…
CNBC — Business
Costco sales jump 11%, revenue tops Wall Street expectations
Costco Wholesale reported an 11.6% increase in net sales for its fiscal third quarter, surpassing Wall Street…
CNBC — Business
Gap cuts sales guidance after disappointing Old Navy performance
Gap has lowered its sales guidance after Old Navy's performance fell short of expectations in the fiscal first…
CNBC — Business
American Eagle's Aerie is booming, but its namesake brand is lagging despite Sydney Sweeney ads
American Eagle's two brands are experiencing contrasting performance, with Aerie seeing significant growth while the…
CNBC — Business
AutoZone stock on pace for worst trading day since March 2020, despite retailer beating Wall Street estimates
AutoZone's stock is experiencing significant declines, marking its worst trading day since March 2020, despite the…
CNBC — Business
American Airlines picks SpaceX's Starlink for in-flight Wi-Fi on more than 500 planes
American Airlines has chosen SpaceX's Starlink to provide in-flight Wi-Fi for over 500 of its narrow-body aircraft.…
CNBC — Business
Move over, seltzer. Non-carbonated drinks are taking the spotlight
The beverage industry is witnessing a notable shift towards non-carbonated drinks, with brands like Celsius expanding…
CNBC — Business
High fuel prices test limits of summer vacation spending
High fuel prices are impacting leisure travel intentions in the U.S., which have slightly decreased compared to last…
CNBC — Business
‘Blue dot fever’? What's really behind a tricky summer dynamic for live music
This summer, rising ticket prices for live music are causing some fans to feel priced out of attending concerts. A…
CNBC — Business
Two top Walmart executives leave company under new CEO John Furner
Walmart is experiencing a leadership change as two top executives depart the company under new CEO John Furner. Tom…
CNBC — Business
Disney's 'Star Wars: The Mandalorian and Grogu' tallies lowest Thursday preview sales in franchise history
Disney's latest film, 'Star Wars: The Mandalorian and Grogu,' has recorded the lowest Thursday preview sales in the…
CNBC — Business
Stellantis CEO sees opportunity in growing partnerships, bringing China-branded vehicles to North America
Stellantis CEO sees potential in expanding partnerships, particularly with Chinese automakers, to enhance their market…
CNBC — Business
What the AvalonBay, Equity Residential megamerger means for the apartment industry and rents
AvalonBay and Equity Residential have merged, creating a larger entity in the apartment industry. This consolidation…
CNBC — Business
Trump administration says new EPA rules will save you money at the supermarket. It's not clear they will
The Trump administration has announced a delay to two Biden-era EPA refrigerant rules, claiming it will save consumers…
CNBC — Business
LIV Golf seeks to raise up to $350 million from investors as post-PIF reality sets in
LIV Golf is seeking to raise between $250 million and $350 million from investors to sustain operations beyond the…
CNBC — Business
Billionaire families bet on semiconductor and energy stocks in first quarter during Iran war
Billionaire family offices have increased their investments in semiconductor and energy stocks during the first…
CNBC — Business
Sinkhole shuts runway at LaGuardia Airport, delaying flights, Port Authority warns
A sinkhole has caused the shutdown of a runway at LaGuardia Airport, leading to flight delays. The Port Authority is…
CNBC — Business
E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer 'suffering'
E.l.f. Beauty plans to reverse some recent price increases due to declining consumer demand amid rising gas prices.…
CNBC — Business
Ram unveils lineup of Hemi V-8 engine-powered 'muscle trucks' despite high gas prices
Ram has introduced a new lineup of Hemi V-8 engine-powered muscle trucks despite concerns over high gas prices. The…
CNBC — Business
Wendy's taps former Potbelly CEO to lead struggling burger chain
Wendy's has appointed Bob Wright as its new CEO amid ongoing struggles for the burger chain. The company has faced…
CNBC — Business
Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months
Mercury, a fintech firm catering to startups, has achieved a valuation of $5.2 billion following a $200 million…
CNBC — Business
Startup backed by American Eagle CEO reaches unicorn status in latest funding round
Radar, a startup focused on inventory management for retailers, has achieved unicorn status after raising $170 million…
CNBC — Business
The AI economy is rewriting the American Dream — and blue-collar workers are poised to win
The rise of AI technology is reshaping the job landscape, particularly for entry-level positions in various…
CNBC — Business
CDC says American tests positive for Ebola in Africa, risk in the U.S. remains low
An American has tested positive for Ebola in the Democratic Republic of Congo amid an ongoing outbreak. The CDC is…
CNBC — Business
Creator content made the main stage at TV's 'upfront' pitches — and not just for YouTube
Creator content is increasingly featured in media companies' presentations to advertisers, sharing the spotlight with…
CNBC — Business
Meet the pilots flying Spirit Airlines' yellow jets to the desert
Nomadic Aviation is responsible for transporting and repossessing aircraft, including those from Spirit Airlines…
CNBC — Business
This bank CEO let his AI clone handle an earnings call — now he's signing an OpenAI deal
Customers Bank CEO Sam Sidhu revealed that an AI clone delivered his remarks during a recent earnings call, marking a…
CNBC — Business
Starbucks is about to report earnings. Here's what to expect
Starbucks has raised its full-year outlook for comparable earnings and same-store sales growth following a successful…
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