Business

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Brian Niccols, CEO of Starbucks, speaking with CNBC on Oct. 31st, 2024.  CNBC Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday. For three straight quarters, Starbucks has reported declining sales. But the coffee

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday. During the company’s third-quarter earnings call with investors, Cavanagh said the company is exploring creating “a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT NBCUniversal kicks off it’s new Peacock streaming service. Todd Williamson | Peacock | NBCUniversal | Getty Images Comcast reports its third-quarter earnings before the bell Thursday. Wall Street will once again be focused on subscriber numbers and growth for both broadband and streaming platform Peacock.

An Airbus A321XLR Neo passenger aircraft performs a flying display at the Paris Air Show in Le Bourget, Paris, France, on Monday, June 19, 2023.  Nathan Laine | Bloomberg | Getty Images Airbus said Wednesday that it has handed over its first extra-long-range narrow-body aircraft, the A321XLR, marking another step in an era of smaller

Signed contracts to buy existing homes in September jumped a surprising 7.4% compared with August, according to the National Association of Realtors. Analysts had been expecting about a 1% gain. These so-called “pending” sales were at the highest level since March and 2.6% higher than September of last year. Since pending sales are based on

In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT Weight loss syringes of the brands “Wegovy”, “Ozempic” and “Mounjaro” are sold at In der Achat Apotheke in Mitte, Germany. Picture Alliance | Picture Alliance | Getty Images All doses of Novo Nordisk‘s highly popular weight loss injection Wegovy and diabetes drug Ozempic are now

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks’ Oleato coffee beverages. Starbucks Starbucks’ controversial line of olive oil-infused drinks will leave U.S. stores in early November. The decision to remove the Oleato drinks from domestic menus predates newly installed CEO Brian Niccol, who arrived at Starbucks in early September, a company spokesperson

In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024. Kevin Carter | Getty Images United Airlines customers will have to spend more to reach frequent flyer status next year, the latest move by the

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024.  Shelby Knowles | Bloomberg | Getty Images Eli Lilly’s blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro posted weaker-than-expected sales for the

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter, weighed down by disappointing sales of its blockbuster weight loss drug Zepbound and

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT Starbucks offers oat milk as a dairy-free option. Source: Starbucks Starbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks. The change goes into effect Nov. 7 and follows years of pleading from

In this article CPRI TPR Follow your favorite stocksCREATE FREE ACCOUNT Coach and Michael Kors. Michael M. Santiago | Eduardo Parra | Europa Press | Getty Images A federal judge blocked Tapestry’s acquisition of Capri on Thursday following a brief trial last month in New York. In her order, Judge Jennifer Rochon granted the Federal

In this article WWE EDR Follow your favorite stocksCREATE FREE ACCOUNT TKO Group, the company that owns WWE and UFC, is expanding into sports-adjacent properties by acquiring three businesses for $3.25 billion from its controlling owner, Endeavor Group. The businesses are Professional Bull Riders, On Location, and IMG, the companies announced Thursday. The deal is all

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT David Einhorn speaking at the 2024 Sohn Conference in New York City on April 3, 2024. Adam Jeffery | CNBC Shares of Peloton spiked more than 11% on Wednesday after Greenlight Capital’s David Einhorn said shares of the company are significantly undervalued, CNBC has learned. 

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A customer walks out of a McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024. Mario Tama | Getty Images The Centers for Disease Control and Prevention told McDonald’s late last week about a potential link to an E. coli outbreak, company spokespeople said Wednesday.

In this article MCD KO Follow your favorite stocksCREATE FREE ACCOUNT Coca-Cola President and CEO James Quincey attends a press conference with International Olympic Committee (IOC) president and China Mengniu Dairy CEO and Executive Director, as part of the 134th Session of the International Olympic Committee (IOC) at the SwissTech Convention Centre in Lausanne, on

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s located on Route 66 in Azusa, California, on April 1, 2024. Robert Gauthier | Los Angeles Times | Getty Images McDonald’s shares dropped in extended trading Tuesday after the Centers for Disease Control and Prevention said an E. coli outbreak linked to McDonald’s

Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022. Carlo Allegri | Reuters Starbucks on Tuesday posted preliminary quarterly results that showed its sales fell again as the coffee chain tries to execute a turnaround. “Our fourth quarter performance makes it clear that we need to fundamentally change our

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The General Motors headquarters inside the Renaissance Center in Detroit on April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday. Here is what Wall Street is expecting, according to

A sign hangs outside of a Chick-fil-A restaurant on May 06, 2021 in Chicago, Illinois.  Scott Olson | Getty Images Chicken sandwiches, waffle fries, milkshakes – and now TV shows and podcasts? Chick-fil-A plans to launch a new app on Nov. 18, with a slate of original animated shows, scripted podcasts, games, recipes and e-books