Business

A Dave & Buster’s location in the Gateway Center shopping complex in the Brooklyn borough of New York, US, on Saturday, March 30, 2024.  Bing Guan | Bloomberg | Getty Images Arcade chain Dave and Buster’s plan to allow customer betting isn’t winning over everyone. Software company Lucra Sports announced on Tuesday that it was

Star Wars Lego models are seen at the Bricks & Figs museum in Krakow, Poland, on April 15, 2023. Anadolu | Anadolu | Getty Images If you are a Star Wars fan, Jens Kronvold Frederiksen may have crafted your childhood. A design director at the Denmark-based Lego company, he has spent the past 25 years creating

The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age out of the labor force and birth rates remain low, economists and the Federal Reserve are touting the importance of immigrant workers for overall future economic growth. Immigrant workers made up 18.6% of the workforce

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Shari Redstone, chair of Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on Tuesday, July 11, 2023. David A. Grogan | CNBC Skydance Media is prepared to walk away from its offer for Paramount Global unless it receives

In this article AMGN LLY NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images Amgen‘s stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss injection.  That fueled investor concerns about new competition in the rapidly growing weight loss drug industry,

In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT Nikos Pekiaridis | Nurphoto | Getty Images Moderna on Thursday posted a narrower-than-expected loss for the first quarter as the company’s cost-cutting efforts took hold and sales of its Covid vaccine, its only commercially available product, topped estimates.  The results come as Moderna inches closer

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Shari Redstone, Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 11, 2023. David A. Grogan | CNBC Sony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Peloton announced Thursday that CEO Barry McCarthy will be stepping down

In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images Shares of Carvana popped more than 30% during after-hours trading Wednesday after the automaker reported record quarterly results and turned a profit during the

In this article SBUX CMG MCD QSR-CA YUM Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks logo is seen as members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle, Washington, D.C., on Nov. 16, 2023. Kevin Dietsch | Getty Images It’s finally here: the long-predicted consumer pullback. Starbucks

In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of lawsuits in the U.S. claiming its talc-based products caused ovarian cancer, pending approval of the claimants. Those cases have for decades caused

In this article 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.  Lee Smith | Reuters The Federal Trade Commission on Tuesday said it is challenging hundreds of alleged “junk” patents held by pharmaceutical companies for 20 brand-name drugs,

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks coffee shop in Amsterdam. Nicolas Economou | Nurphoto | Getty Images Starbucks on Tuesday reported weaker-than-expected quarterly earnings and revenue, fueled by a surprise decline in same-store sales. “In a highly challenged environment, this quarter’s results do not reflect the power of our

In this article KO Follow your favorite stocksCREATE FREE ACCOUNT A Coca-Cola building in Zagreb, Croatia, Nov. 8, 2023. Denis Lovrovic | AFP | Getty Images Coca-Cola reported its first-quarter earnings before the bell Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings per share: 72

In this article BMY Follow your favorite stocksCREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images A federal judge in New Jersey on Monday rejected Johnson & Johnson‘s and Bristol Myers Squibb‘s legal challenges to the Biden administration’s Medicare drug-price negotiations, ruling that the program is constitutional.  The decision is another win for the

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Bob Bakish, president and chief executive officer of Viacom, attends the fourth day of the annual Allen & Company Sun Valley Conference, July 11, 2023 in Sun Valley, Idaho.  David A. Grogan | CNBC Paramount Global CEO Bob Bakish is stepping down, the company announced

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Bob Bakish, CEO of Paramount, speaks with CNBC’s David Faber on Sept. 6, 2023. CNBC In what could easily be a plotline from HBO’s hit show “Succession,” Paramount Global plans to replace Chief Executive Officer Bob Bakish with a cohort of existing division heads on

A pickleball paddle and balls at the pickleball courts in Tropical Park on March 23, 2023, in Miami. (Jose A. Iglesias/El Nuevo Herald/Tribune News Service via Getty Images) Jose A. Iglesias | El Nuevo Herald | Getty Images America’s fastest-growing sport, pickleball, is going after a new frontier: India. The United Pickleball Association and Global

The Times Square Red Lobster will be offering free all-you-can-eat lobster to a select few customers on March 28. Richard Levine | Corbis News | Getty Images Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned.  The company has considered filing for bankruptcy to

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 7, 2023. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines is considering changes to its single-class, open-seating cabins to drive up revenue, CEO Bob Jordan told