Business

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT The Paris 2024 logo representing the Olympic Games is displayed near the Eiffel Tower in Paris on April 21, 2024, in anticipation of the 2024 Paris Olympic Games and Paralympic Games. Chesnot | Getty Images The Paris Olympics will offer Comcast another chance to lift

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines on Thursday forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to discount tickets during what is usually the most lucrative period of the year. Southwest said unit revenue for the current quarter

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck

Feverpitched | Getty Images Bipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices of drug supply chain middlemen who are widely accused of inflating prescription medication prices and harming U.S. patients and pharmacies. The legislation aims to ensure community pharmacies can provide care to patients enrolled in

Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024. Steve Pfost | Newsday | Getty Images Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of

Rana Robillard, an Oakland-based tech executive, in front of the home in Orinda, CA that she attempted to purchase earlier this year. Courtesy: Rana Robillard After a yearlong search, Rana Robillard was elated to learn she’d beaten three other bidders for a house in the leafy California suburb of Orinda, just outside of San Francisco. So

In this article SGMO PFE Follow your favorite stocksCREATE FREE ACCOUNT Kena Betancur | Corbis News | Getty Images Pfizer on Wednesday said its experimental gene therapy for a rare genetic blood-clotting disorder succeeded in a large late-stage trial, paving the way for a potential approval. The treatment for hemophilia A could become the company’s

In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment on Wednesday warned investors of declines in key metrics during the second quarter, sending shares down more than

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.” Disney | Pixar Disney is back on top at the box office. On Tuesday, “Inside Out 2” surpassed $1.46 billion in global ticket sales, making it the highest-grossing

Luka Doncic, #77 of the NBA’s Dallas Mavericks, shoots the ball against the Boston Celtics during Game 5 of the 2024 NBA Finals at the TD Garden in Boston on June 17, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images The National Basketball Association has rebuffed longtime media partner Warner Bros. Discovery‘s

In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT A Chipotle restaurant in New York on July 3, 2023. Jeenah Moon | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking an industry slowdown. Shares of

In this article F Follow your favorite stocksCREATE FREE ACCOUNT The Ford display at the New York International Auto Show on March 28, 2024.  Danielle DeVries | CNBC DETROIT – Ford Motor is set to report second-quarter earnings after the markets close Wednesday. The Detroit automaker’s results are expected to be relatively healthy, although down

This photograph shows the takeoff of the European Space Agency satellite launcher Ariane 6 rocket from its launch pad, at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. Jody Amiet | AFP | Getty Images The powerful European-built Ariane 6 rocket made its long-awaited liftoff on Tuesday, as the region returned

Anyone out shopping for a home today knows there is still precious little for sale. The housing market is just beginning to come out of its leanest few years in history. Inventory of both new and existing homes is finally rising, but there is something suddenly strange in the numbers: The supply of newly built

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Automated distribution centers for Walmart grocery business. Courtesy: Walmart Walmart said Wednesday that it will open five automated distribution centers for fresh food across the country, as the retailer chases efficiency and its online grocery business grows. The discounter’s new facilities are roughly 700,000 square

In this article RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT In the world of luxury, Hermès is arguably the gold standard. Its sales are growing double digits even as other luxury companies post declines or dramatically slower growth. Wealthy customers lucky enough to be anointed as Birkin-bag worthy can purchase a Birkin 25 for about $11,000

Women’s soccer is bringing private equity off the sidelines. While other major U.S. sports leagues – Major League Soccer, the National Basketball Association, Major League Baseball and the National Hockey League – have allowed private equity investors to take passive, minority stakes, only the National Women’s Soccer League has allowed these firms to take majority

Saks Fifth Avenue store at the Waterside Shops.  John Greim | Lightrocket | Getty Images Saks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers. The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’

In this article GFS Follow your favorite stocksCREATE FREE ACCOUNT The semiconductor industry is recruiting workers in a tight labor market as the competition for talent ramps up and funding from the CHIPS and Science Act designed to spur domestic production continues to be dispersed. It is also staring down a projected shortfall of as

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images More consolidation, more problems — that’s the latest fear gripping the theatrical industry. After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. While the