Business

Tahir Johnson said he’s on track to be one of the first people with a marijuana related conviction to open a licensed dispensary in New Jersey. “The generational wealth this will create for my family is surreal,” he said. Stefan Sykes for CNBC TRENTON, N.J. — Tahir Johnson has been arrested on marijuana possession charges

In this article AN Follow your favorite stocksCREATE FREE ACCOUNT Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images A solid fourth-quarter earnings report from AutoNation on Friday propelled the car dealer’s stock to a new all-time high and its best day

Procter & Gamble (PG), Estee Lauder (EL) and Constellation Brands (STZ) can navigate any economic slowdown in the short term while offering long-term growth opportunities, according to Citi in a new research note. The bullish call on these consumer-tied companies aligns with our view and comes as defensive stocks have fallen out of favor in

In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Fox News Channel Host Sean Hannity speaks at the Conservative Political Action Conference (CPAC) in Dallas, Texas, August 4, 2022. Shelby Tauber | Reuters Rupert Murdoch and Fox News hosts expressed disbelief in former President Donald Trump’s false election fraud claims, according to evidence released

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT 07 December 2022, Berlin: Pam Kaufman, President & CEO Paramount, joins us for the Paramount+ launch event. The Paramount+ streaming service is now available in Germany. Jörg Carstensen | Picture Alliance | Getty Images Paramount Global said it saw its streaming business grow during the

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Senator Bernie Sanders (I-VT) (L), Starbucks CEO Howard Schultz Reuters (L) | Getty Images (R) Sen. Bernie Sanders hinted that lawmakers could subpoena Howard Schultz to compel the outgoing Starbucks CEO to testify in front of a Senate panel about how the coffee chain is

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan,

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 737 MAX 10 airliner pauses while taxiing on the flight line before its first flight at Renton Municipal Airport on June 18, 2021 in Renton, Washington. Stephen Brashear | Getty Images Boeing‘s aircraft orders and deliveries slipped in January from a month earlier.

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has paused production and shipments of its electric F-150 Lightning pickup due to a potential battery

In this article F Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. The anticipated announcement of the deal between Ford and Contemporary Amperex Technology Co.,

In this article CMCSA DIS Follow your favorite stocksCREATE FREE ACCOUNT Boston Celtics forward Jayson Tatum (0) attempts a basket in front of Golden State Warriors forward Draymond Green (23) in the second half during game three of the 2022 NBA Finals at TD Garden. Kyle Terada | USA Today Sports Cue up John Tesh’s

Arizona Sen. Mark Kelly speaks at the annual Commercial Space Transportation conference on Feb. 9, 2023. Michael Sheetz | CNBC Arizona Sen. Mark Kelly, who flew to space four times over a 15-year career as an astronaut, praised the growth of the space industry and gave a rallying cry for intensified competition. “Some of the

In this article STLA STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT Ram’s 2023 Super Bowl ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale late-next year. Screenshot DETROIT – Stellantis will air a 60-second Super Bowl ad for its Ram brand to indirectly take shots

In this article DIS CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Disney CEO Bob Iger’s apparent openness to selling Hulu marks a stark reversal in strategy for the company — and an even more surprising shift if Iger sells the streaming service to Comcast. Iger said Thursday in an exclusive CNBC interview with David Faber

In this article COCO Follow your favorite stocksCREATE FREE ACCOUNT Vita Coco water. Tim P. Whitby | Getty Images For nearly two decades, Vita Coco has sold its coconut water to health-conscious consumers as a fresh way to hydrate. This year, it’s changing the pitch. The beverage company is pushing its namesake brand into new

An aerial view from a drone shows homes in a neighborhood on January 26, 2021 in Miramar, Florida. According to two separate indices existing home prices rose to the highest level in 6 years. Joe Raedle | Getty Images The U.S. housing market cooled off pretty dramatically last year, after mortgage rates more than doubled

In this article NFLX STLA-IT GM Follow your favorite stocksCREATE FREE ACCOUNT General Motors and Netflix partnered for a 60-second ad starring actor and comedian Will Ferrell driving GM electric vehicles in popular Netflix shows and movies to promote the streaming service using more EVs in its productions. Screenshot Automakers — historically among the largest

In this article CMCSA DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney CEO Bob Iger said Thursday that “everything is on the table” with streaming service Hulu. Disney owns two thirds of the streaming service, which focuses on more adult-oriented general entertainment content such as the series “Only Murders in the Building” and the sci

In this article GFS GM Follow your favorite stocksCREATE FREE ACCOUNT The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which includes most of its streaming and media