CNBC Business

The firm is now predicting global auto sales to slump 2.5% in 2020 from 0.9% previously expected.

Steven Spielberg will not direct the fifth movie in the Indiana Jones franchise, and director James Mangold ("Ford v. Ferrari") is now in talks to take the helm, Variety reports.

Democratic presidential candidates at Tuesday's debate took aim at the Trump administration's response to the coronavirus outbreak.

Billionaires should be grateful for their good fortune and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya said Wednesday.

Mike Bloomberg has released an ad that rips President Donald Trump's handling of the spread of the deadly coronavirus.

Lowe's CEO Marvin Ellison said the "really clunky" website has held back sales online and in stores.

A Los Angeles auction house will sell off a game-worn Kobe Bryant jersey from the 1998-99 season, along with other Bryant memorabilia.

Elizabeth Warren wants Blackrock's Larry Fink to put more force behind his pledge to have the world's largest money manager to tackle climate change, and detail how he expects to do it.

Retail sales are forecast to rise between 3.5% and 4.1%, topping $3.9 trillion, in 2020, the industry's trade group said Tuesday.

Billionaire investor Chamath Palihapitiya disagrees with Berkshire Hathaway chairman Warren Buffett on the value of bitcoin.

As Wendy's readies itself to launch breakfast nationwide on Monday, the chain is preparing to go head-to-head against rivals like McDonald's with a menu that touts its quality.

Stringent travel restrictions imposed on inbound flights from China to contain the coronavirus outbreak become "irrelevant" in a potential pandemic because "you can't keep out the entire world," a top U.S. health official said.

Rian Johnson, the writer and director of "Knives Out," revealed that Apple will permit film productions to use its products onscreen, but with one very big caveat: Villains can't have an iPhone on camera.

There's a sense of urgency and crisis at Ford Motor that is reminiscent of the automaker's near-bankruptcy during the Great Recession, according to its incoming chief operating officer.

The Seattle-based coffee chain said it will add a breakfast sandwich with Beyond Meat's sausage, egg and cheddar cheese to its Canadian stores' spring menu on Tuesday.

In the face of a global health emergency, some university study abroad programs are sending students home immediately. Others are staying open — for now.

Discover is one of the largest credit card issuers in the U.S. and consistently tops a customer satisfaction survey. However, in the past five years the stock has underperformed that of the S&P 500 and competitors.

"The sudden increases of cases in Italy, the Islamic Republic of Iran and the Republic of Korea are deeply concerning," WHO's Tedros Adhanom Ghebreyesus said.

Leon Cooperman said he's been a net buyer of stocks and is seeing "a lot of value in the market" over the last few days.

Lowe's, which is undergoing a turnaround led by CEO Marvin Ellison, missed expectations for same-store sales and revenue.