Business

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Members of the Writers Guild of America and the Screen Actors Guild walk the picket line outside of Disney Studios in Burbank, California, on July 18, 2023.  Robyn Beck | AFP | Getty Images When the markets close Wednesday, all eyes will be on Bob

Rocket Lab Rocket Lab on Tuesday reported second-quarter results that largely met Wall Street’s expectations, and the company said it added contracts for 10 more launches in 2023 and 2024. “The second quarter saw strong performance across Rocket Lab’s launch and space systems businesses with three successful Electron [rocket] launches, more than 17 spacecraft featuring

In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT During a Facebook Live on Aug. 8, 2023, UAW President Shawn Fain Screenshot The leader of the United Auto Workers on Tuesday adamantly defended lofty demands for the union’s members who work for the Detroit automakers, while calling recent contract proposals from Stellantis

In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Tuesday reported a loss for the second quarter that was narrower than expected and raised its production guidance for the

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT When Dr. Tra’chella Johnson Foy greets her patients, she sits across from them facing away from the computer in the exam room. Then, she pulls out her phone, and asks for permission to record the appointment. “It listens in on our visit so I can

There’s no denying automation will eliminate certain jobs in the coming years. But as companies adopt robots on manufacturing floors, in kitchens and on delivery routes, workers have a growing opportunity to join the ranks in helping to build and implement the technology. Both humanoid and nonhumanoid robots are set to reduce employment in the

Affirmative action supporters and counterprotesters shout at each other outside the U.S. Supreme Court building in Washington, D.C., June 29, 2023. Kent Nishimura | Los Angeles Times | Getty Images Even before the Supreme Court‘s ruling on affirmative action policies in college admissions, the nation’s top business leaders expressed concern over how the decision could

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images Entertainment | Getty Images Goldman Sachs is known

Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting stingier with customer rewards. Airlines are making it harder to earn elite status. Retailers have tightened return windows and tacked on fees. Dunkin’ and Sephora are

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Barbie The Movie Courtesy: Warner Bros.  “Barbie” is less than $100 million away from topping $1 billion at the global box office. Heading into the weekend, the bubblegum pink flick from Warner Bros. Discovery and Mattel has tallied $916.1 million. It’s expected to hit the

In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola TRE FCEV2 Courtesy: Nikola Electric truck maker Nikola said on Friday that its CEO, Michael Lohscheller, will step down effective immediately due to a “family health matter.” Nikola’s current board chair, former General Motors vice chairman Steve Girsky, will take over as CEO. Lohscheller

In this article MAT HAS Follow your favorite stocksCREATE FREE ACCOUNT A Hasbro Monopoly board game arranged in Dobbs Ferry, New York, Feb. 6, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Images Four years after acquiring Toronto-based production studio eOne, Hasbro is selling it off to Lionsgate. The deal, announced Thursday, is valued at $500

In this article MAR LUV JBLU ULCC Follow your favorite stocksCREATE FREE ACCOUNT Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022.  Guglielmo Mangiapane | Reuters The competition for travel dollars is heating up, and the

Disney CEO Bob Iger speaking with CNBC’s David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho.  David A. Grogan | CNBC Disney CEO Bob Iger has taken the unusual step of paying former executives Kevin Mayer and Tom Staggs a consulting fee to help him solve a complex problem: what to do with

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Co. fuel powered F-150 trucks under production at their Truck Plant in Dearborn, Michigan on September 20, 2022. Jeff Kowalsky | AFP | Getty Images Ford Motor said that its U.S. sales rose 5.9% in July from a year ago, as demand for

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks logo is seen on a cup in this illustration photo taken in the cafe at the airport in Charleroi, Belgium on July 27, 2023.  Jakub Porzyck | Nurphoto | Getty Images Starbucks on Tuesday reported quarterly earnings that beat analysts’ expectations, but its same-store

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart is turning more parts of its stores into advertising opportunities. For example, brands can buy a spot on its self-checkout screens. Walmart One of Walmart‘s latest offerings at its SuperCenters isn’t a hot new toy, snack flavor or sundress. It’s advertising. Shoppers will soon

In this article CMCSA WBD Follow your favorite stocksCREATE FREE ACCOUNT Movie posters for Barbie and Oppenheimer are pictured outside of the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, 2023. Hannah Beier | The Washington Post | Getty Images “Barbenheimer” remains red-hot at the box office. The combined force of Warner Bros.’ “Barbie”

In this article CMCSA WBD Follow your favorite stocksCREATE FREE ACCOUNT An employee adds letters for upcoming film releases “Oppenheimer” and “Barbie” to a marquee at the Colonial Theater on July 16, 2023 in Phoenixville, Pennsylvania. Hannah Beier | The Washington Post | Getty Images Hollywood’s biggest weekend at the box office in years wasn’t