Business

A year ago, Boeing posted record revenues topping $100 billion with hopes of delivering a chart-topping number of airplanes in 2019, including hundreds of 737 Max jetliners. The news isn’t going to be so rosy on its fourth-quarter earnings call this year. Those bestselling planes were grounded worldwide in March after the second of two

View of the 20th Century Fox logo during the CinemaCon Walt Disney Studios Motion Pictures Special presentation at the Colosseum Caesars Palace on April 3, 2019, in Las Vegas, Nevada. VALERIE MACON Nearly a year after acquiring 21st Century Fox’s film and television assets, Disney is dropping the Fox name from its studios’ names. The

Cashiers ring up shoppers at a Walmart store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart is shuffling its executive team after the 2019 holiday season.  The company’s chief merchant Steve Bratspies is set to depart, according to an internal memo sent to employees Friday by Walmart U.S. CEO John Furner,

Airbus looks to have taken pilotless commercial jet flight one step closer after revealing that one of its test aircraft has taken off automatically. The European planemaker said that in tests conducted at Toulouse-Blagnac airport on December 18, an A350-1000 with two pilots sitting ready to take over, conducted eight takeoffs on auto-pilot. Accompanying the

Microsoft is on a mission to become carbon negative in the next decade and CNBC’s Jim Cramer thinks the ambitious plan has some teeth to it. “I think they can do it because, remember, they are a powerful force — maybe the most powerful, especially when it comes to data centers, of almost any company

At American Apparel’s peak, the fashion retailer was synonymous with made-in-LA hipster cool and provocative advertising. It was known for manufacturing its products in Los Angeles and paying workers a proper wage in an industry known for poor working conditions. It was also known for its founder, Dov Charney. Retail experts say in some ways,

From the veranda of the Ayana Komodo Resort, a long wooden pier snakes into the rugged sea off Waecicu Beach. At sunset, the sky explodes with fiery showers of color. It’s a perfect picture for the Instagram Age, with dozens of delicious, chocolate-chip shaped islands sprinkled across the horizon. The five-star resort opened in September

Moderna Therapeutics is working with Amazon‘s cloud service to deliver a new class of medicines that apply messenger RNA, which is the “software of life,” CEO Stephane Bancel said Wednesday. The biotech company is undergoing clinical trials with mRNA, a single-stranded molecule used to make protein in cells, to develop personalized cancer vaccines. In an

Adult film actress Stormy Daniels (Stephanie Clifford) and Michael Avenatti, attorney for Stormy Daniels, speak to the media after a hearing related to Michael Cohen. Drew Angerer | Getty Images Bombastic lawyer Michael Avenatti on Wednesday lost a bid to dismiss criminal charges accusing him of trying to extort Nike for more than $20 million,

CNBC’s Jim Cramer attributed late-Tuesday’s market sell-off to China tariffs worries combined with an overbought market. The “Mad Money” host sat down with Medtronic’s outgoing CEO Omar Ishrak to get an update on robotic-assisted surgery systems. Later in the show, he broke down what climate change will impact investing on Wall Street. The rise comes

Popeyes Chicken Sandwich Source: Popeyes Louisiana Kitchen Burger King’s largest U.S. franchisee is seeing sales of the Impossible Whopper and the Popeyes chicken sandwich level out as the initial buzz around the two menu items dies down. Average daily orders of the meatless Whopper at a Burger King location owned by Carrols Restaurant Group have

For the first time in decades, Boeing’s commercial airplane business lost orders over the course of an entire year, a stark example of just how much the 737 Max crisis has hurt the company. For all of 2019, Boeing lost orders for 87 commercial airplanes, meaning it had more cancellations than new purchases, the company

Shipping containers sit stacked at Qingdao Port after snow on February 14, 2019 in Qingdao, Shandong Province of China. Visual China Group | Getty Images China’s exports and imports both rose in 2019, Reuters reported citing data from the General Administration of Customs released on Tuesday. In yuan terms, 2019 exports rose 5% from a year ago while

Alphabet is close to joining one of the most elusive clubs on Wall Street, but CNBC’s Jim Cramer said Monday that he is skeptical of the progress. Shares in Alphabet, the tech giant that owns Google, rose almost $10 to an all-time closing high of $1,440.03, pulling within 1% of reaching $1 trillion of market

Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO, Dave Calhoun, has a daunting to-do list when he takes the reins at the company’s Chicago headquarters on Monday: improving the plane-maker’s strained relationships with regulators and airline customers, winning back public trust and getting the 737 Max — grounded for almost a

“Good morning. Welcome to British Airways. Where can I take you?” The crisp female voice might belong to any woman working for BA, but it’s a robot cruising around London’s Heathrow Airport. The carrier is trying out a pair of autonomous robots that can guide passengers around Terminal 5. It’s one of the latest examples

U.S. Treasury Secretary Mnuchin announces new sanctions on Iran in the Brady Press Briefing Room of the White House in Washington, January 10, 2020. Kevin Lamarque | Reuters Treasury Secretary Steven Mnuchin said Sunday that Boeing‘s 737 Max crisis could curb U.S. GDP in 2020 by half a point, though he expects the economy should

The only thing Amber Freed ever wanted was to be a mom. Like a lot of people, she and her husband Mark had a hard time conceiving. But after two years of IVF treatments, the Denver couple got a double dose of good news: Amber was pregnant with twins. Maxwell and Riley were born on

A NFL playoff logo is seen during the NFC Divisional Playoff. Jonathan Bachman Getty Images The National Football League continues the postseason with its Divisional Round this weekend with Super Bowl LIV in Miami nearing. But player revenue shares will also be up for grabs, with one team remaining that qualifies for the playoff jackpot.

An Oscar statue is seen during a media preview of this year’s Academy’s Governors Ball in Los Angeles, California, February 15, 2019. Mario Anzuoni | Reuters The Oscar race has only just begun. On Monday, the Academy of Motion Picture Arts and Sciences will announce the nominations for its 92nd annual Academy Awards. Front runners