Why direct-to-consumer darlings such as Casper, Allbirds and Peloton are now struggling
Once booming, direct-to-consumer companies such as Casper, Allbirds and Peloton now struggle with profitability, layoffs and the cost of advertising.
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Weight loss drugs are still hard to find — but Novo Nordisk and Eli Lilly are trying to change that
Novo Nordisk and Eli Lilly have given positive supply updates, aiming to reassure investors that they can continue to capitalize on the success of their drugs.
Amazon's Prime Video lands exclusive NFL playoff game next season
Amazon is going deeper into the NFL after agreeing in 2021 to pay about $1 billion a year for the exclusive rights to Thursday Night Football.
Trader Joe's appeals dismissal of lawsuit claiming labor union violated trademark
Trader Joe's has strongly opposed organizing efforts by a labor union, Trader Joe's United, which
Delta to open a new tier of 'premium' airport lounges this year in high-end travel push
Delta will join American and United in offering a top-tier lounge separate from it's regular club network.
OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: Report
OpenAI CEO Sam Altman wants to overhaul the global semiconductor industry with trillions of dollars in investment, The Wall Street Journal reported.
Inflation in December was even lower than first reported, the government says
Revisions to the consumer price index showed that the broad basket of goods and services measured increased 0.2% on the month.
Biden 'willfully' kept classified materials, had 'poor memory': Special counsel
Special counsel Robert Hur declined to prosecute President Joe Biden in the probe. Donald Trump is being prosecuted for retaining classified documents.
Biden says 'my memory is fine,' disputes special counsel's report in national address
President Joe Biden drew a sharp contrast between himself and Donald Trump, who has been criminally charged with retaining classified documents.
Putin hints at swapping detained Wall Street Journal reporter for Russian prisoner
Russia maintains that Wall Street Journal reporter Evan Gershkovich was practicing espionage when he was detained — a charge the WSJ vehemently denies.
Trump Media SPAC insider trading defendant hit with new money laundering count
Donald Trump said in October 2021 that his social media company hoped to merge with a SPAC and become publicly traded. That deal has yet to happen.
Arm's post-earnings pop leaves stock trading at over 100% premium to Nvidia
While analysts like Arm's backlog and royalties business, it's the company's role in AI that's pushing up its market multiple.
Pinterest shares drop on weak outlook, revenue miss
Pinterest issued a weaker-than-expected forecast on Thursday and also missed on revenue.
Cloudflare stock jumps 21% on earnings beat as the company wins larger deals
Fourth-quarter results and guidance for the current quarter came in higher than expected, with Cloudflare big deals adding up.
Wall Street is overreacting to new sports joint venture, says EW Scripps CEO
Investors are miscalculating the bundle's popularity and incorrectly pricing in that local stations won't be included, EW Scripps CEO Adam Symson told CNBC.
Hawaiian Airlines debuts free inflight Wi-Fi from SpaceX's Starlink
Hawaiian Airlines is the first major U.S. airline to offer the satellite-based service.
J&J, Merck and Bristol Myers CEOs defend high drug prices in Senate hearing, as Biden tries to cut costs
The push to cut drug prices is one of those rare hot-button issues that unites the two major political parties.
Supreme Court skeptical of Trump ballot disqualification by Colorado
The Supreme Court, despite having a conservative supermajority of justices, has not always voted in favor of former President Donald Trump.
New Kia Carnival minivan will be offered as a hybrid and maintain its SUV design
Kia is adding a hybrid model to its Carnival minivan to meet increasing consumer demand for the technology and assist in meeting federal fuel economy standards.
Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments
Americans are increasingly leaning on credit to make ends meet, boosting balances and total debt to fresh highs.
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