CNBC Business

Johnson & Johnson said it would pay an $8.9 billion settlement over claims that its talc-based baby powder caused cancer.

General Motors pulled ahead of Ford Motor to become the country's second-best seller of electric vehicles during the first quarter.

Cuba will likely face more suits over billions of dollars' worth of unpaid commercial debts from the 1980s after a decision by a UK High Court judge.

An email from Virgin Orbit's outgoing Chief Operating Officer Tony Gingiss appears to call out CEO Dan Hart, although not by name.

About 5,000 white-collar workers at GM opted to participate in a buyout program to lower the automaker's global head count and fixed costs.

One Million Black Women launched in March 2021 with the bigger goal of having a positive impact on the lives of 1 million Black women by 2030.

Ford sold 475,906 vehicles during the first three months of the year, up 10.1% compared with subdued levels a year earlier due to supply chain problems.

Virgin Orbit filed for Chapter 11 bankruptcy protection after failing to secure a funding lifeline.

Walmart will hold an investor event this week in Tampa, Florida.

The National Women's Soccer League has awarded a 14th franchise to an investor group in California's Bay Area for a record $53 million fee.

Manhattan real estate sales fell 38% in the first quarter, as buyers and sellers battled over prices and mortgage rates remained volatile.

Florida Gov. Ron DeSantis wants the state's inspector general to look actions taken by a Disney-backed board to retain control of the Reedy Creek district.

WWE, which is controlled by Vince McMahon, has spent months seeking a buyer.

WWE and Endeavor's UFC agreed to merge this year, giving both sports entertainment properties more leverage just as key media rights deal negotiations begin.

GM confirmed Monday that it expects to build 50,000 EVs in the first half of 2023 and "double that" in the second half of the year.

McDonald's had said in January that it would cut jobs as part of a broader restructuring.

Artemis II will launch on NASA's Space Launch System rocket, with the Orion capsule carrying the astronauts on a 10-day journey to the moon and back.

The EV maker's first-quarter deliveries were in line with Wall Street's expectations.

After falling since last summer, home prices suddenly turned higher due to lower mortgage rates.

Online sales now drive a more meaningful part of Walmart's business, especially after a pandemic-fueled push.