Business

Shoppers seek closeout sale discounts at Party City in Stamford, Conn. July 3, 2023.  Tyler Sizemore | Albany Times Union | Hearst Newspapers | Getty Images Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly

In this article BAER Follow your favorite stocksCREATE FREE ACCOUNT As out-of-control wildfires threatened thousands of Los Angeles residents earlier this month, the companies that fight infernos from the air raced to send their air tankers and water bombers to the area. It was supposed to be the off-season. The California Department of Forestry and

BYD Shark plug-in hybrid electric pickup truck Michael Wayland / CNBC DETROIT — There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck. Without the vehicle’s branding badge, the BYD Shark could pass as an American-made

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Adrian Brody in “The Brutalist” Source: A24 Two films facing controversy over their use of artificial intelligence led the nominees for the Academy Awards announced Thursday. “The Brutalist,” a drama about a Hungarian-Jewish architect who survives the Holocaust and flees to the U.S., garnered 10

In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Customers exit a Target store on November 20, 2024 in Austin, Texas.  Brandon Bell | Getty Images Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT A still from the film “Wicked.” Source: Universal Studios Universal is hoping the excitement around “Wicked” can hang around — for good. The movie studio faces a unique challenge: promote and release two build-on films just one year apart. Part one of the “Wicked” cinematic

In this article UNH Follow your favorite stocksCREATE FREE ACCOUNT UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images UnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive, Brian

In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec. 3, 2019. Massimo Pinca | Reuters DETROIT — Shares of Nikola closed Thursday down 27.8%

In this article BTC.BS=-USS MS BAC GS Follow your favorite stocksCREATE FREE ACCOUNT Morgan Stanley CEO Ted Pick said Thursday that his bank will be working with U.S. regulators to examine whether it can deepen its involvement in cryptocurrency markets. Pick was asked about his views on digital currencies under the pro-crypto Trump administration. On

In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024. Massimo Pinca | Reuters DETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the Transatlantic automaker

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT The stage is set for the first 2024 presidential debate between U.S. President Joe Biden and former U.S. President Donald Trump, in Atlanta on June 26, 2024. John Nowak | CNN | Via Reuters Warner Bros. Discovery’s CNN plans to lay off hundreds of employees

In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to pay those retailers back as part of her sentence. Michelle Mack,

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs GS AI Assistant Courtesy: Goldman Sachs Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee,

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT The word “Netflix” shines brightly at the presentation of the new season (3) of the Netflix series “Bridgerton” in the Flora. Rolf Vennenbernd | Picture Alliance | Getty Images Netflix is hiking the price of most of its plans in the U.S. The streaming giant

In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT This photo provided by Janssen Global Services shows Spravato nasal spray. Janssen Global Services via AP The Food and Drug Administration on Tuesday approved Johnson & Johnson‘s nasal spray to be used alone in adults with a major depressive disorder that is difficult to treat,

In this article STLA GM STZ GOOS-CA MAT Follow your favorite stocksCREATE FREE ACCOUNT Customers shop for food at a grocery store on Jan. 15, 2025 in Chicago, Illinois.  Scott Olson | Getty Images Many of the items that U.S. shoppers browse and buy in retailers’ aisles come from far-away factories or farms — a

A Spirit Airlines plane at New York’s LaGuardia Airport Leslie Josephs/CNBC Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11 bankruptcy protection in November. “These decisions were not made lightly, as we know they impact professional and personal lives,”

New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California.  Justin Sullivan | Getty Images DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green”

In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A Zoox robotaxi sits outside the company’s large office and warehouse in Las Vegas. Michael Wayland / CNBC LAS VEGAS — This year is expected to be a crucial one for Amazon’s autonomous vehicle unit Zoox, as the company plans to grow its operations and

In this article GSK ABBV BMY PFE NVO NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023.  George Frey | Reuters The Biden administration on Friday unveiled the next 15 prescription drugs that will be subject to price negotiations