CNBC Business

The restaurant company is planning to spend $2.2 billion to revive Burger King's U.S. business.

The decision is another win for the Biden administration in a bitter legal fight with several drugmakers over the constitutionality of the price talks.

Paramount Global CEO Bob Bakish is out, the company announced Monday, as merger negotiations with Skydance Media continue.

A potential dealbreaker is whether to hold a so-called "majority of the minority" vote on the deal, which would grant common shareholders potentially sway.

Comcast's streaming service Peacock will see a price increase of $2 this summer.

The regional sports network that airs Pirates and Penguins game is launching a streaming service priced at $17.99 a month.

The surge in wealth among millennial heirs is creating new markets for wealth-management firms, luxury companies, travel firms and real estate brokers.

American is the latest carrier to tweak its growth plan, citing late-arriving planes from Boeing.

Dozens of pharmacy staff at the Las Vegas branch of CVS's Omnicare will now join the Pharmacy Guild, which will represent them in labor negotiations with CVS. 

Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.

The agency greenlighted the drug, which will be marketed as Beqvez, for adults with moderate to severe hemophilia B. 

Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.

Southwest Airlines is one of Boeing's biggest customers and flies only 737s.

Southwest stands apart from other large airlines because it does not have seat assignments.

Pro pickleball is looking to world's most populous country for its continued growth.

Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.

Comcast beat first-quarter earnings expectations on Thursday.

American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.

Beleaguered seafood chain Red Lobster is looking for a buyer to avoid filing for bankruptcy as it contends with slower sales and costly leases.

Walgreens posted a steep net loss for the quarter as it recorded a hefty goodwill impairment charge related to its primary-care provider VillageMD.