CNBC Business

CNN CEO Chris Licht has vowed to be intolerant of disinformation, setting up a big test for the network as it prepares for Donald Trump's May 10 town hall.

Cox Automotive reported a 3% decline from March to April in its Manheim Used Vehicle Value Index.

James Gunn's last Marvel Cinematic Universe film releases Friday. Its box-office success could be good news for rival DC Studios, where Gunn is now co-CEO.

Kenvue CEO Thibaut Mongon said the spinoff's portfolio of brands, which includes Band-Aid, Tylenol and Neutrogena, has "ample opportunity" to grow. 

J&J's consumer health spinoff, Kenvue, is expected to set an initial public offering price Wednesday night and trade Thursday on the New York Stock Exchange.

The salad chain's traffic increased 2% during the quarter, helping boost same-store sales by 5%.

The Florida Chamber of Commerce has been silent on the growing feud between Disney and Ron DeSantis, as the lobbying giant has previously backed the governor.

The comments come three days after the company said it may go bankrupt if a previously announced deal with contract manufacturer Foxconn falls through.

Macy's push into smaller and off-mall stores is its answer to investors who see department stores as dull and irrelevant.

Moderna maintained its full-year guidance of around $5 billion in revenue from its Covid vaccine, its only marketable product.

Kenvue's debut is the biggest U.S. IPO since EV maker Rivian went public in 2021.

Paramount Global shares plummet as company cuts dividend and earnings miss estimates.

Peloton reported subscription growth despite its ninth straight quarter of losses.

Ferrari's EBIT profit margin, a widely-watched figure, increased a full percentage point to 26.9%.

Pop star Ed Sheeran didn't commit copyright infringement with his 2014 hit “Thinking Out Loud,” a jury decided.

The probe will eye the NFL for potential violations of state pay equity and discrimination laws, acording to the California and New York attorneys general.

Darden Restaurants believes fine-dining restaurants' sales growth will outpace that of casual-dining eateries through 2026.

The sharp selloff in regional banks sparked by the March failure of Silicon Valley Bank resumed Tuesday, catching Wall Street analysts and investors off guard.

The beer industry demonstrated "resilience even in the context of an ongoing inflationary environment," the biggest brewer in the world said.

Lawmakers asked retailers Temu, Shein, Nike and Adidas about the use of materials and labor sourced from the Xinjiang Uyghur Autonomous region of China.