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   NEWS: CNBC BUSINESS
CNBC Business
Mar 28, 2025

Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat on earnings but disappointed with its 2025 guidance in its fourth-quarter earnings report.

CNBC Business
Mar 27, 2025

Lululemon shares drop more than 10% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat on earnings but disappointed with its 2025 guidance in its fourth-quarter earnings report.

CNBC Business
Mar 27, 2025

Lululemon beats on earnings but issues underwhelming guidance
Lululemon beat on earnings but disappointed with its 2025 guidance in its fourth-quarter earnings report.

CNBC Business
Mar 27, 2025

Peyton Manning's Omaha Productions sells 10% stake to new Patrick Whitesell-led platform at a valuation of more than $750 million, sources say
Peyton Manning's Omaha Productions has sold a stake to a new platform run by former Endeavor executive Patrick Whitesell and private equity giant Silver Lake.

CNBC Business
Mar 27, 2025

Detroit automaker shares fall after Trump's tariff announcement
President Donald Trump said he would place 25% tariffs on "all cars that are not made in the United States."

CNBC Business
Mar 27, 2025

Why GM stock is getting hit the hardest by Trump auto tariffs
Roughly 30% of GM vehicles sold in the U.S. during the first three quarters of 2024 were assembled in Canada and Mexico.

CNBC Business
Mar 27, 2025

How a Dungeons & Dragons livestream became a multiplatform media company
Critical Role operates a production studio, a publishing arm, a gaming division, a streaming service, a record label and a charity initiative.

CNBC Business
Mar 27, 2025

Ferrari says it will raise prices by 10% on some models to offset auto tariffs
Ferrari produces all of its cars at its Maranello factory. Last year, the company produced 13,752 cars.

CNBC Business
Mar 27, 2025

U.S. health department plans to slash 10,000 jobs as RFK Jr. upends agencies
The massive cuts at Robert F. Kennedy Jr.'s Health and Human Services Department could affect teams that respond to outbreaks and help with insurance coverage.

CNBC Business
Mar 27, 2025

GM, Stellantis shares fall after Trump's auto tariff announcement
President Donald Trump said he would place 25% tariffs on "all cars that are not made in the United States."

CNBC Business
Mar 27, 2025

Former Citi CEO Sandy Weill launches new cancer research hub focused on immunotherapy
Sandy Weill on Thursday announced a new $50 million donation to create a cancer research and treatment hub focused on immunotherapy.

CNBC Business
Mar 27, 2025

KB Home unveils its first 'fire-resilient' community in Southern California
KB Home is the first large production builder to unveil a community designed to fire-resilient standards by the Insurance Institute for Business & Home Safety.

CNBC Business
Mar 26, 2025

Dollar Tree says it's winning over higher-income shoppers and may offset tariffs with price hikes
Dollar Tree said it could use negotiations, manufacturing changes and price increases to mitigate the effects of Trump's tariffs.

CNBC Business
Mar 26, 2025

Chinese tea chain Chagee files for U.S. initial public offering
Chagee is planning to open its first U.S. store this spring in Los Angeles.

CNBC Business
Mar 26, 2025

Stephen Curry teams up with Michelle Obama to launch sports drink
NBA star Stephen Curry and former first lady Michelle Obama sought to create a healthier sports drink.

CNBC Business
Mar 25, 2025

Federal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says
The new director of the FHFA said he has no intention of shrinking the limit on loans bought and guaranteed by Fannie Mae and Freddie Mac.

CNBC Business
Mar 25, 2025

Chinese bubble tea chain Chagee files for U.S. initial public offering
Chagee is planning to open its first U.S. store this spring in Los Angeles.

CNBC Business
Mar 25, 2025

Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout
U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release.

CNBC Business
Mar 25, 2025

Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout
U.S. merchants who use JPMorgan to handle payments can now add Affirm to their checkout pages, according to a release.

CNBC Business
Mar 24, 2025

South Korea's Hyundai announces $21 billion U.S. investment
Hyundai is the latest major international conglomerate to announce investments ahead of Trump's April 2 tariff deadline.

CNBC Business
Mar 24, 2025

Eli Lilly will soon release key data on its weight loss pill. Here's why it could be a game-changer
The trial results are critical, as it brings Eli Lilly's pill one step closer to becoming a new, needle-free alternative for weight loss and diabetes.

CNBC Business
Mar 24, 2025

South Korea's Hyundai to announce $20 billion U.S. investment
Hyundai is the latest major international conglomerate to announce investments ahead of Trump's April 2 tariff deadline.

CNBC Business
Mar 24, 2025

United Airlines is raising annual fees for lounges and rewards credit cards. Here's what you need to know
United is raising annual fees on lounge memberships and credit cards

CNBC Business
Mar 23, 2025

Why it suddenly feels like every fast-food restaurant has fun, flavored drinks
Wendy's, Taco Bell and Chick-fil-A are among the restaurant chains that are looking beyond fountain soda for their drink offerings.

CNBC Business
Mar 22, 2025

Take a look inside French luxury retailer Printemps' first U.S. store
Printemps opened a 55,000-square-foot store in New York City with luxury brands and food concepts, including a restaurant and a café with French pastries.

CNBC Business
Mar 21, 2025

London's Heathrow Airport resumes flights after major fire nearby shuts down travel
London's Heathrow Airport closed on Friday after a fire at a nearby electrical substation caused a power outage, airport officials said.

CNBC Business
Mar 21, 2025

Zepbound copycats remain online despite FDA ban
Copycat versions of Eli Lilly's diabetes drug Mounjaro and obesity drug Zepbound were supposed to go away this week. They're still available on some websites.

CNBC Business
Mar 21, 2025

London's Heathrow Airport prepares to restart flights after major fire nearby shuts down travel
London's Heathrow Airport closed on Friday after a fire at a nearby electrical substation caused a power outage, airport officials said.

CNBC Business
Mar 21, 2025

Tariff fears are raising construction costs by up to 20%, says Related Group CEO
Related said the high end of the real estate market remains strong, especially in Florida.

CNBC Business
Mar 20, 2025

Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence
Nike is trying to execute a turnaround under new CEO Elliott Hill.

CNBC Business
Mar 20, 2025

Nike sales fall during key holiday quarter, driven by 17% plunge in China
Nike is trying to execute a turnaround under new CEO Elliott Hill.

CNBC Business
Mar 20, 2025

Nike will report earnings after the bell. Here's what Wall Street expects
Nike is trying to execute a turnaround under new CEO Elliott Hill.

CNBC Business
Mar 20, 2025

Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm
A group led by private equity executive Bill Chisholm is buying the NBA's Boston Celtics for $6.1 billion.

CNBC Business
Mar 20, 2025

February home resales jump much more than expected, despite higher mortgage rates
The median price of a home sold in February was $398,400, up 3.8% from the same time last year.

CNBC Business
Mar 20, 2025

Darden Restaurants sales disappoint, but Olive Garden parent sees consumers continuing to spend
Olive Garden and LongHorn Steakhouse reported weaker-than-expected same-store sales growth in Darden's latest quarter.

CNBC Business
Mar 20, 2025

Edible Arrangements' parent company is launching a marketplace for the other kind of edibles
Edible Brands is launching Edibles.com, an e-commerce marketplace for hemp drinks and gummies.

CNBC Business
Mar 19, 2025

NBA may bring back iconic highlight show 'NBA Inside Stuff'
The NBA has filed a trademark application for "NBA Inside Stuff," with intent to bring the popular show back.

CNBC Business
Mar 19, 2025

Boeing shares jump after CFO gives upbeat outlook, says cash burn is easing
Boeing's cash burn is easing this quarter and its factories are improving, the aerospace giant's CFO Brian West's said.

CNBC Business
Mar 19, 2025

Auto suppliers face more dire circumstances than automakers amid Trump tariffs
Auto suppliers face more dire circumstances than automakers over President Donald Trump's tariffs, but their problems could quickly impact the broader industry.

CNBC Business
Mar 19, 2025

How new professional sports leagues like SailGP are putting women at the fore
SailGP, the international racing league, requires each team to have at least one female athlete onboard during races.

CNBC Business
Mar 19, 2025

Boeing shares jump as CFO gives upbeat outlook, says cash burn is easing
Boeing's cash burn is easing this quarter and its factories are improving, the aerospace giant's CFO Brian West's said.

CNBC Business
Mar 18, 2025

Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS
Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.

CNBC Business
Mar 18, 2025

Watch NASA astronauts return to Earth on SpaceX capsule after months on the ISS
NASA astronauts Butch Wilmore and Suni Williams are set to splash down on Earth on Tuesday evening after spending more than nine months in space.

CNBC Business
Mar 18, 2025

Watch astronauts return to Earth on SpaceX capsule after months on the ISS
NASA astronauts Butch Wilmore and Suni Williams are set to splash down on Earth on Tuesday evening after spending more than nine months in space.

CNBC Business
Mar 18, 2025

Taco Bell parent Yum Brands partners with Nvidia to speed up its use of AI
Yum Brands and Nvidia are teaming up to bring artificial intelligence to Taco Bell, Pizza Hut and KFC restaurants.

CNBC Business
Mar 18, 2025

Nvidia, GM announce deal for AI, factories and next-gen vehicles
GM and Nvidia have inked new deals that include the carmaker utilizing several AI services from the tech giant for its vehicles, ADAS and factories.

CNBC Business
Mar 18, 2025

Frontier Airlines offers free checked bags promotion in swipe at Southwest
Budget carrier Frontier Airlines is offering free checked luggage and economy bundles that come with seat assignments and carry-on bags.

CNBC Business
Mar 18, 2025

Cadillac expects one of every three vehicle sales to be EVs in 2025
Cadillac expects up to 35% of its U.S. sales this year to be EVs, as it continues to expand its lineup despite industrywide slower-than-expected adoption.

CNBC Business
Mar 18, 2025

Boeing Starliner astronauts who were supposed to be in space for nine days returning to Earth after nine months on ISS
Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.

CNBC Business
Mar 17, 2025

Forever 21 expected to close all U.S. stores, blames Shein and Temu for demise
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de minimis exemption, a trade law loophole.

CNBC Business
Mar 17, 2025

PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion
Poppi's founders Allison and Stephen Ellsworth launched the brand back in 2018.

CNBC Business
Mar 17, 2025

PepsiCo buys prebiotic soda brand Poppi for more than $1.6 billion
Family plot; past and present; fat chance; and other highlights of recent tax cases.

CNBC Business
Mar 17, 2025

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as Klarna is set to go public.

CNBC Business
Mar 15, 2025

Goodbye to 'bags fly free' on Southwest Airlines, the last freebie in America
Southwest's customer-focused business model won it a loyal following during its half-century of flying.

CNBC Business
Mar 14, 2025

U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.

CNBC Business
Mar 13, 2025

Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.

CNBC Business
Mar 13, 2025

Ulta issues weak guidance, signaling even the beauty industry is slowing down
Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.

CNBC Business
Mar 13, 2025

Comcast expands partnership with Olympics, extends media rights through 2036
Comcast gained the rights to broadcast the Olympic Games through 2036 as part of a new $3 billion agreement with the International Olympic Committee.

CNBC Business
Mar 13, 2025

DC housing market shows signs of cracks amid mass federal layoffs
The number of active listings in the D.C. metro area is sharply higher compared with last year.

CNBC Business
Mar 13, 2025

New York AG announces bill to protect consumers from scams after Trump hobbles CFPB
With the Consumer Financial Protection Bureau frozen, consumers will have to rely on their state AGs and regulators when they have complaints.

CNBC Business
Mar 13, 2025

Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
Spirit Airlines emerged from Chapter 11 bankruptcy this week, meeting its target to exit in the first quarter.

CNBC Business
Mar 13, 2025

White House pulls Trump's nomination for CDC director hours before confirmation hearing
The White House pulled Weldon's nomination just hours before the former Florida lawmaker was set to appear before the U.S. Senate for confirmation.

CNBC Business
Mar 13, 2025

Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Tariffs and potential changes to government entitlement programs present potential further headwinds for core customers, said CEO Todd Vasos.

CNBC Business
Mar 13, 2025

Women's sports firm Monarch Collective ups fund size to $250 million
Monarch investors Melinda French Gates' Pivotal Ventures and Hello Sunshine CEO Sarah Harden recently upped their funding.

CNBC Business
Mar 13, 2025

Dollar General store review and closures dent fourth-quarter earnings
As part of the reevaluation, the dollar-store chain said it will close 96 Dollar General stores and 45 Popshelf stores and will convert six other locations.

CNBC Business
Mar 12, 2025

American Eagle says consumer is slowing down, issues weak guidance
American Eagle warned that consumers are slowing down as recession fears swirl.

CNBC Business
Mar 12, 2025

Take a look inside the world's largest 3D printed housing development
The world's largest 3D printed community is now open and mostly sold. Take a look inside the homes and hear from residents about what it's like to live there.

CNBC Business
Mar 12, 2025

RFK Jr. pressures Big Food to remove artificial dyes in meeting with CEOs
Health Secretary Robert F. Kennedy Jr. told top food CEOs that he wants "the worst ingredients" out of food.

CNBC Business
Mar 12, 2025

Boeing plane prices could increase by millions with tariffs, says AerCap CEO
AerCap CEO Aengus Kelly joined CNBC's "Squawk Box" to discuss how tariffs could impact Boeing production.

CNBC Business
Mar 11, 2025

Kohl's shares plunge 20% as retailer gives rough outlook for the year ahead
Kohl's posted a beat on revenue for the fourth quarter on Tuesday, but issued disappointing guidance for the year ahead.

CNBC Business
Mar 11, 2025

Southwest Airlines as we know it is over. Here's what's changing, from bag fees to basic economy
Southwest will start charging customers to check bags, launch basic economy tickets in a bid to drive up revenue.

CNBC Business
Mar 11, 2025

Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.

CNBC Business
Mar 11, 2025

Southwest Airlines will charge to check bags for the first time, launch basic economy tickets
Southwest is getting rid of its policy for free checked bags, ending a more than 50-year perk.

CNBC Business
Mar 11, 2025

Kohl's shares plunge 15% as retailer gives rough outlook for the year ahead
Kohl's posted a beat on revenue for the fourth quarter on Tuesday, but issued disappointing guidance for the year ahead.

CNBC Business
Mar 11, 2025

Airline CEOs warn domestic travel demand is slowing
Airline CEOs say a economic uncertainty and a drop in government travel is driving down domestic travel demand.

CNBC Business
Mar 11, 2025

Ad spending on women's sports more than doubled last year
Ads during women's sports programs were 40% more impactful than the average primetime advertisement, according to EDO.

CNBC Business
Mar 10, 2025

Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.

CNBC Business
Mar 10, 2025

Delta Air Lines slashes earnings outlook citing weaker U.S. demand, sending shares down
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.

CNBC Business
Mar 10, 2025

Trump finds unexpected ally in auto union leader over tariffs
UAW President Shawn Fain showed support for President Donald Trump's tariffs, which include 25% levies on automobiles and supporting parts.

CNBC Business
Mar 10, 2025

Here's why banks don't want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.

CNBC Business
Mar 09, 2025

RFK Jr. could further deter childhood vaccinations as rates fall in the U.S.
Some health policy experts say Kennedy's early moves as HHS Secretary are concerning and suggest that he could undermine immunizations in less direct ways.

CNBC Business
Mar 08, 2025

Goodyear Tire's transformation plan is underway — in the sky and on the ground
Goodyear Tire & Rubber Co. is facing a rapidly changing business with new technologies and increased competition from low-cost countries such as China.

CNBC Business
Mar 07, 2025

Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk's X
The Senate request is one of the first signs of scrutiny on Visa after a late January announcement that it had agreed to provide services to X.

CNBC Business
Mar 07, 2025

FAA briefly halts flights to several Florida airports after SpaceX rocket testing failure
It's the second time this year that SpaceX experienced a mishap during a flight test of Starship resulting in debris raining down.

CNBC Business
Mar 06, 2025

Costco reports mixed second-quarter earnings, comparable sales growth
Costco on Thursday reported mixed earnings for the fourth quarter.

CNBC Business
Mar 06, 2025

Walgreens to go private in roughly $10 billion deal with Sycamore Partners
The historic transaction ends Walgreens' tumultuous run as a public company, which began in 1927.

CNBC Business
Mar 06, 2025

Costco reports mixed second-quarter earnings
Costco on Thursday reported mixed earnings for the fourth quarter.

CNBC Business
Mar 06, 2025

Gap shares spike 17% as retailer blows away expectations again, showing turnaround has staying power
Gap has been in the midst of a turnaround under CEO Richard Dickson and has blown away Wall Street expectations for four quarters in a row.

CNBC Business
Mar 06, 2025

Women's pro tennis introduces paid maternity leave funded by Saudi sovereign wealth fund
Eligible players will receive up to 12 months of paid maternity leave and will have access to grants to cover fertility conception and egg freezing treatments.

CNBC Business
Mar 06, 2025

Applebee's owner Dine Brands to lean on value, marketing to reverse sales declines
Dine Brands is trying to boost sales in 2025 after reporting its fourth straight quarter of domestic same-store sales declines for Applebee's and IHOP.

CNBC Business
Mar 06, 2025

Macy's turnaround hinges on revamping some stores and closing others. It appears to be working
Macy's is in the midst of an aggressive strategy to close underperforming stores and invest in better performing locations as it looks to reverse sales slump.

CNBC Business
Mar 06, 2025

Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction
Sotheby's is auctioning off Michael Jordan and Kobe Bryant rookie jerseys. The sale comes as rookie memorabilia sees a surge in popularity and pricing.

CNBC Business
Mar 06, 2025

Macy's turnaround starts to take shape, but ailing stores weigh on quarterly results
Macy's is in the midst of an aggressive strategy to close underperforming stores and invest in better performing locations as it looks to reverse sales slump.

CNBC Business
Mar 05, 2025

Trump grants automakers one-month exemption from tariffs
The White House said it granted a one-month delay for tariffs on automakers whose cars comply with USMCA, which was negotiated during Trump's first term.

CNBC Business
Mar 05, 2025

These are the most competitive rental markets in the U.S.
Even with a record amount of new supply, demand for rental apartments is soaring. That has the competition heating up.

CNBC Business
Mar 05, 2025

Amgen starts two critical late-stage trials for weight loss drug MariTide
MariTide is a monthly injection that investors hope could compete against existing weight loss drugs from Novo Nordisk and Eli Lilly.

CNBC Business
Mar 05, 2025

Abercrombie & Fitch shares plunge 15% after star retailer posts weak guidance for year ahead
Abercrombie & Fitch's business may be leveling out after two years of explosive growth.

CNBC Business
Mar 05, 2025

NHL commissioner says league could be affected by U.S.-Canada tariffs
NHL Commissioner Gary Bettman noted players in both countries are paid in U.S. dollars.

CNBC Business
Mar 05, 2025

Abercrombie & Fitch shares fall after star retailer posts weak guidance for year ahead
Abercrombie & Fitch's business may be leveling out after two years of explosive growth.

CNBC Business
Mar 05, 2025

Novo Nordisk offers Wegovy for less than half the price through new direct-to-consumer pharmacy
The pharmacy, called NovoCare, will allow patients to pay $499 in cash per month for the blockbuster weight loss drug.

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