Business

In this article BOWL Follow your favorite stocksCREATE FREE ACCOUNT The Bowlero location at Chelsea Piers in New York City. CNBC A former executive at Bowlero, the world’s largest owner and operator of bowling centers, has asked a court’s permission to countersue his former employer for extortion and retaliation, after an executive on a recorded

In this article KHC Follow your favorite stocksCREATE FREE ACCOUNT Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett. The sale marks the end of an era for 3G.

March Madness branded Powerade bottles before the game between the Maryland Terrapins and the South Carolina Gamecocks during the Elite Eight round of the 2023 NCAA Women’s Basketball Tournament held at Bon Secours Wellness Arena in Greenville, South Carolina, on March 27, 2023. Grant Halverson | NCAA Photos | Getty Images The NCAA Women’s Championship

General view of the sunset on the boardwalk ahead of this Monday’s eclipse on April 07, 2024 in Mazatlan, Mexico.  Hector Vivas | Getty Images Monday’s solar eclipse is giving some of the country’s smaller airports their moment in the sun. The Federal Aviation Administration reported arriving flights at airports from Burlington, Vermont, to southern

In this article SAVE Follow your favorite stocksCREATE FREE ACCOUNT A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and furlough about 260 pilots

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Visitors wearing emblematic Mickey Mouse and Minnie Mouse ears walk in front of the Sleeping Beauty-inspired castle at Disneyland Paris, Oct. 16, 2023. Ian Langsdon | Afp | Getty Images Three years ago, Josh D’Amaro stood in a nearly empty Disneyland. The California theme park’s Main

In this photo illustration, a package of Opill is displayed on March 22, 2024 in San Anselmo, California.  Justin Sullivan | Getty Images CVS Health on Thursday said its drug plans will cover the first over-the-counter birth control pill in the U.S. at no cost for many health plan sponsors, a decision that could open

In this article SPIR NVDA Follow your favorite stocksCREATE FREE ACCOUNT Spire Global at the New York Stock Exchange, August 17, 2021. Source: NYSE Artificial intelligence has been instrumental to weather forecast modeling for years, and recent breakthroughs in generative AI dangle the possibility of it becoming more accurate. That’s what Spire Global is betting

In this article KO PEP Follow your favorite stocksCREATE FREE ACCOUNT A smattering of products housed under the Gatorade brand Source: Gatorade As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. Since its founding in 1965, Gatorade has been the dominant

The Mandalorian and the Child (Grogu) on Disney+’s “The Mandalorian.” Disney The Walt Disney Company on Friday revealed its new theatrical schedule, which will feature a film about the Mandalorian and Grogu, a fifth “Toy Story” film, and another “Tron” flick before the end of 2026. The company’s theatrical business has struggled in the wake

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, DC, on January 24, 2024, before meeting with a group of senators. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s pay fell to $5 million last year from $7

Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters Skydance Media’s offer to acquire National Amusements and merge its studio with Paramount Pictures isn’t a conventional takeover. The question for Paramount Global shareholders might be: Is it better than

In this article HYUO-GB GEL Follow your favorite stocksCREATE FREE ACCOUNT Michael Wayland / CNBC NEW YORK — When Hyundai Motor launched its Genesis luxury brand domestically in 2016, many were skeptical the South Korean automaker — recognized mainly for budget vehicles at the time — knew what it was doing. Among the skeptics were

In this article BBWI EXPR PTON Follow your favorite stocksCREATE FREE ACCOUNT In the months before Bed Bath & Beyond declared bankruptcy last April, the former home goods titan was trapped in a crushing cycle. The retailer had been failing to pay its vendors on time, if at all. During the pivotal holiday season, some

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz’s proxy battle was a “distraction” and Disney can now focus on trying to turn a streaming profit and planning its succession, its CEO Bob Iger said on CNBC’s “Squawk on the Street” on Thursday, just one day after handing a stinging defeat to

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, CEO, Disney at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho David A. Grogan | CNBC Disney shareholders overwhelmingly voted to keep the company’s current board intact during Wednesday’s annual meeting, suggesting they believe current CEO

In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT People walk past an Ulta Beauty store in the Manhattan borough of New York City, New York, U.S., March 8, 2022.  Carlo Allegri | Reuters Ulta Beauty shares tumbled about 13% on Wednesday as CEO Dave Kimbell warned of cooling demand for beauty products. Other

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney shareholders on Wednesday will settle a long-simmering proxy battle led by billionaire investor Nelson Peltz. Voters

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China. Visual China Group | Getty Images Disney’s largest shareholder, index-fund manager Vanguard, plans to

The Spring housing market is defying expectations that prices would cool and competition would ease. Higher mortgage rates usually cool both prices and demand, as they did last year, but that’s not the case now. There are still too few homes for sale because current homeowners can’t afford to move, and it’s keeping prices high.