CNBC Business

UAW President Shawn Fain says the union wants a "just transition" for workers, as the government uses taxpayer money to subsidize the EV industry.

Yum's same-store sales increased 8% in the quarter as KFC, Taco Bell and Pizza Hut outperformed expectations.

Two 10-year-olds were among over 300 minors found to be working in violation of federal labor laws at McDonald's franchises across Kentucky and other states.

The FDA's approval is a victory for GSK in a race against Pfizer and Moderna to bring a shot that targets respiratory syncytial virus to the market.

CVS lowered its earnings outlook due to costs associated with recent acquisitions.

Ruth's Chris Steak House has more than 150 locations worldwide and generated $505.9 million in revenue in 2022.

Donanemab, a monthly antibody infusion made by pharmaceutical company Eli Lilly, also significantly reduced brain plaque associated with Alzheimer's disease.

Mortgage demand dropped last week despite a slight easing in interest rates, while trouble in the banking sector makes jumbo loans more expensive.

Ford will lower pricing of the Mach-E by $1,000 to $4,000. The cuts will make the starting price of the vehicle be between $42,995 and $59,995.

Ford is reporting its quarterly financial results by business unit, instead of by region, for the first time.

Starbucks said its same-store sales climbed 11% in its fiscal second quarter.

Pfizer's quarterly earnings topped analysts' expectations, despite a sales decline driven by the lower demand for the company's Covid vaccine.

The U.S. claims Gilead's drugs Truvada and Descovy infringe on CDC patents.

Writers are seeking more compensation to reflect the content boom driven by streaming over the past several years.

Shein, a major fast-fashion brand, is under fire for allegedly selling clothes made by forced labor in China.

The losses accelerated the trend of high-earners relocating to lower-tax states like Florida and Texas.

Burger King's U.S. same-store sales climbed 8.7%, an early sign that its turnaround is taking hold.

A sharp drop in new listings, adding to an already meager supply of homes for sale, is leading to renewed bidding wars.

Players from the NFL, NBA, MLB and other sports are calling attention to mental health in May.

For Morgan Stanley and others, the cuts show Wall Street is wrangling with a slump that's dragging on for longer than expected