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May 16, 2024
Warner Bros. Discovery's latest talks with the NBA could turn into a legal battle if the league decides to sign an agreement with NBCUniversal, sources said.
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May 16, 2024
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.
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May 16, 2024
The FDA cleared the Amgen drug, called Imdelltra, as a treatment for patients with advanced small-cell lung cancer.
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May 16, 2024
Spirit AeroSystems makes fuselages at the plant for Boeing's bestselling 737 Max plane, deliveries of which have slowed in the wake of a door panel blowout.
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May 16, 2024
Warner Bros. Discovery's latest talks with the NBA could turn into a legal battle if the league decides to sign an agreement with NBCUniversal, sources said.
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May 16, 2024
United Airlines said in March that the FAA was stepping up its review of the airline after a series of safety incidents.
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May 16, 2024
Customers across incomes are looking for cheaper meals, Walmart's chief financial officer said.
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May 16, 2024
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.
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May 16, 2024
United Airlines said in March that the FAA was stepping up its review of the airline after a series of safety incidents.
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May 16, 2024
The weekly injection helped patients with obesity lose 18.8% of their weight relative to those who received a placebo, after 24 weeks in the phase one trial.
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May 16, 2024
Sales in Under Armour's largest market in North America are falling as inflation weary consumers pull back on new clothes and shoes.
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May 16, 2024
What "retail apocalypse"? Wayfair and other digitally native companies are turning to physical stores for growth as e-commerce profits become more challenging.
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May 16, 2024
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.
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May 16, 2024
As the nation's largest retailer and private employer, Walmart is often seen as a bellwether for the U.S. economy.
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May 15, 2024
Netflix's cheaper, ad-supported tier now has 40 million global monthly active users, nearly double the 23 million the company reported in January.
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May 15, 2024
The offering will include four items — a McChicken or McDouble, four piece chicken nuggets, fries and a drink.
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May 15, 2024
Automotive and trade experts say the increased tariffs are a near-term protectionism act that may delay, but won't stop, Chinese EVs from coming to the U.S.
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May 15, 2024
Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla's Model Y.
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May 15, 2024
Netflix is taking its most significant live step yet into live sports with a deal to stream NFL games on Christmas Day.
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May 15, 2024
Walgreens said it will sell a two-dose pack of its naloxone for $34.99, around $10 cheaper than over-the-counter Narcan nasal spray.
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May 14, 2024
The Justice Department said Boeing violated a 2021 deferred prosecution agreement that protected it from criminal charges over the two fatal 737 Max crashes.
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May 14, 2024
The last time these retail investors rallied around AMC, it avoided bankruptcy. Now, it has a chance to put a dent in its substantial debt load.
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May 14, 2024
The move follows the closures of the company's health clinics and comes ahead of its earnings report on Thursday.
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May 14, 2024
The WNBA regular season opens tonight with NCAA star Caitlin Clark making her debut. The game will be the first ever live sports event streamed on Disney .
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May 14, 2024
Fat Brands and its chair Andy Wiederhorn were criminally indicted for an alleged $47 million bogus loan scheme.
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May 14, 2024
The results shed light on the long-term effects of Wegovy, and could boost Novo Nordisk's case to insurers and governments to cover the costly drug.
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May 14, 2024
Fat Brands and its chair Andy Wiederhorn were criminally indicted for an alleged $47 million bogus loan scheme.
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May 14, 2024
The announcement comes as major media players, like Disney and Warner Bros. Discovery, increasingly join forces to boost subscriptions for streaming services.
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May 14, 2024
The announcement comes amid increasing geopolitical tensions surrounding China-made electric vehicles in the U.S., Europe and other regions.
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May 14, 2024
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.
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May 13, 2024
If Shein gets a stamp of approval from the NRF, it could help legitimize the retailer in the eyes of lawmakers and clear its path to a U.S. IPO.
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May 13, 2024
Trade group Airlines for America said new rule requiring earlier disclosure of add-on fees during flight booking will "confuse consumers."
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May 13, 2024
Novavax said the deal with Sanofi allows it to remove its "going concern" warning, which it first issued last year due to doubts about staying afloat.
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May 13, 2024
The parent company of CycleBar and Pure Barre studios said CEO Anthony Geisler would be suspended indefinitely and also disclosed a federal investigation.
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May 13, 2024
Media giants are gearing up to woo advertisers at the annual Upfronts this week. Here's what the media landscape looks like in a moment of disruption.
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May 13, 2024
If Shein gets a stamp of approval from the NRF, it could help legitimize the retailer in the eyes of lawmakers and clear its path to a U.S. IPO.
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May 11, 2024
The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would've saved Americans $10 billion a year.
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May 11, 2024
A group of Latino executives are starting an organization to promote Hispanic advancement within the sports industry.
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May 11, 2024
Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.
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May 10, 2024
It can be challenging to juggle raising a family while working full time. Just Capital's research points to five leading companies where it might be possible.
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May 10, 2024
Shares of the salad chain surged 34% Friday after the company's revenue beat analysts' expectations during its fiscal first quarter.
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May 10, 2024
The deal will allow Novavax to lift its "going concern" warning, which it first issued in 2023 due to having "substantial doubt" about its ability to survive.
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May 10, 2024
The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands.
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May 10, 2024
Fat Brands' portfolio includes Fatburger, Johnny Rockets and Twin Peaks.
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May 10, 2024
Shares of the salad chain surged 35% Friday after the company beat Wall Street's forecast for first-quarter results.
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May 10, 2024
Fat Brands' portfolio includes Fatburger, Johnny Rockets and Twin Peaks.
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May 10, 2024
Ford named the former CFO of electric-vehicle startup Lucid to replace its current CFO, who is being promoted to closely oversee the company's turnaround plan.
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May 10, 2024
Rivian, Lucid and Nikola this week each detailed plans to reduce costs while attempting to grow operations and make their first profits.
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May 10, 2024
The boxing fight between Mike Tyson and Jake Paul is already sparking high ticket prices and significant bettor interest.
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May 10, 2024
The deal will allow Novavax to lift its "going concern" warning, which it first issued in 2023 due to having "substantial doubt" about its ability to survive.
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May 10, 2024
While the spring sales typically have more than a dozen works offered for more than $30 million each, this year there are just a few.
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May 10, 2024
The FDA has not informed Moderna of any issues related to the vaccine's safety, efficacy or quality that would prevent its approval, the biotech company said.
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May 09, 2024
The boxing fight between Mike Tyson and Jake Paul is already sparking high ticket prices and significant bettor interest.
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May 09, 2024
Starting this summer, classic card membership will be priced at $15 per month for new members, up from $10 per month.
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May 09, 2024
Advocates for smoking bans point to research by C3 Gaming that concluded smoke-free casinos generate more revenue and outperform competitors that allow smoking.
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May 09, 2024
Sinclair is looking to sell a chunk of its 185 broadcast stations, according to people familiar with the matter.
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May 09, 2024
Connected rowing company Hydrow is growing and Peloton is shrinking as fitness buffs move away from cardio in favor of weights.
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May 09, 2024
McDonald's has previously said it wants to reach 100 million loyalty program members by 2027.
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May 09, 2024
The credit card regulation is part of President Joe Biden's broader election-year war against what he deems junk fees.
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May 09, 2024
Warner Bros. Discovery reported first-quarter earnings before the bell on Thursday.
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May 09, 2024
Connected rowing company Hydrow is growing and Peloton is shrinking as fitness buffs move away from cardio in favor of weights.
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May 09, 2024
GM's market share in China has plummeted from roughly 15% as recently as 2015 to 8.6% last year — the first time it has dropped below 9% since 2003.
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May 08, 2024
Disney and Warner Bros. Discovery plan to bundle their streaming services, Disney , Hulu and Max.
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May 08, 2024
Two New Yorkers were charged with possessing and reselling more than $1 million in stolen goods through their business in Midtown Manhattan.
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May 08, 2024
Low-income consumers visited less frequently and spent more carefully when they did eat out in the first quarter, Dine Brands CEO John Peyton said.
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May 08, 2024
This summer's box office, hampered by dual Hollywood labor strikes, could have the lowest movie ticket haul since 2000.
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May 07, 2024
Beauty stocks fell last month after Ulta CEO Dave Kimbell said beauty demand was cooling, but cosmetics upstart Oddity Tech said the industry is just changing.
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May 07, 2024
Disney reported a loss of just $18 million in its direct-to-consumer businesses as earnings topped analyst estimates.
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May 07, 2024
The U.S. is increasing its lead as the largest creator of millionaires and billionaires in the world.
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May 07, 2024
Amgen, Viking Therapeutics, Altimmune, AstraZeneca, Boehringer Ingelheim and Zealand Pharma are making encouraging progress on their own treatments.
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May 07, 2024
Disney's second-quarter results showed an improving streaming business and a rapidly declining linear TV unit
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May 07, 2024
Private equity firms have been circling Peloton for a potential buyout as it grapples with slowing sales and losses.
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May 07, 2024
The upscale fitness company is trying to grow its brand by investing in America's fastest-growing sport, pickleball.
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May 07, 2024
Disney reported a loss of just $18 million in its direct-to-consumer businesses as earnings topped analyst estimates.
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May 07, 2024
Home Depot and Walmart kick off first-quarter retail earnings next week.
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May 07, 2024
This will be the company's first earnings call since it won a proxy fight against Trian Partners.
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May 06, 2024
Dozens of former employees plan to sue Bowlero for discrimination and retaliation after the EEOC declined to bring a lawsuit against the company.
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May 06, 2024
Citigroup CEO Jane Fraser joined CNBC's Sara Eisen on Monday for an interview on the economy.
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May 06, 2024
"Optimize by Equinox" is a personalized health program that includes everything from personal training and nutrition to sleep coaching and massage therapy.
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May 06, 2024
In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.
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May 06, 2024
In its latest quarter, Starbucks reported a surprise decline in same-store sales and slashed its full-year forecast.
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May 04, 2024
The Star Wars license was the first of its kind for Lego. Now, it has become a blueprint for the company's other brand deals.
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May 03, 2024
An Illinois lawmaker is proposing legislation to prevent wagering at family entertainment venues, saying such companies don't have proper safeguards in place.
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May 03, 2024
Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.
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May 03, 2024
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.
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May 03, 2024
Wealthy families are spending an average of $3 million to run their family offices, according to a J.P. Morgan Private report, and the biggest cost is staffing.
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May 03, 2024
Skydance is likely to walk away from its Paramount offer unless controlling shareholder Shari Redstone reaffirms her commitment following the Apollo-Sony bid.
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May 03, 2024
Amgen's update fueled concerns about potential new competition in the weight loss drug market, sending shares of Novo Nordisk and Eli Lilly lower.
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May 02, 2024
Amgen is among several drugmakers racing to join the red-hot weight loss drug space dominated by Novo Nordisk and Eli Lilly.
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May 02, 2024
Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.
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May 02, 2024
Sony and Apollo expressed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.
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May 02, 2024
Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.
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May 02, 2024
Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.
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May 02, 2024
Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.
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May 02, 2024
The company reiterated its full-year 2024 sales guidance of roughly $4 billion, which includes revenue from the expected launch of its RSV vaccine.
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May 01, 2024
The company's initial public offering coincides with a strong rebound in cruise bookings.
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May 01, 2024
Carvana reported record first-quarter results Wednesday that beat Wall Street's top- and bottom-line earnings expectations for the online used car retailer.
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May 01, 2024
Starbucks, Pizza Hut and KFC are among the chains that reported same-store sales declines this quarter.
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May 01, 2024
Carriage negotiations between Comcast and Diamond Sports broke down, leaving cable customers without access to Bally Sports regional networks during MLB season.
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May 01, 2024
The pharmaceutical giant's quarterly results also benefited from a smaller-than-feared drop in sales for its Covid antiviral pill Paxlovid.
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