CNBC Business

High interest rates and rising losses on commercial real estate threaten hundreds of U.S. banks, mostly smaller regional lenders and community institutions.

Nordstrom is reportedly considering going private weeks after it gave a gloomy sales outlook for 2024.

JetBlue is under increased pressure to reduce expenses and return to profitability.

Vitruvius has been trained on building codes, building methods and structural engineering.

CEO Adrian Hallmark said the carmaker remains committed to carbon neutrality and exclusively offering EVs, but it now plans to offer plug-in hybrids past 2030.

The filing comes after a "supermajority of Volkswagen workers have signed union cards in just 100 days," the UAW said.

Homebuilders are seeing better demand despite stubbornly high interest rates.

Women's sports reached an inflection point in 2023, propelled by major new broadcast deals, once-in-a-lifetime players and record-breaking audiences.

United Airlines CEO said the company will use findings from a series of flight problems to inform training and procedures for staff.

Some health plans and employers are still reluctant to cover Wegovy due to its hefty price tag, which they say could significantly strain their budgets.

Her new album is highlighting the genre's lack of representation among artists of color at a time when country music finds growing interest from new listeners.

The FDA's decision means Madrigal has succeeded in a disease area that several larger companies have failed — or are still trying to break into.

The move shows the rising importance of AI in financial services, sparked by the rise of generative AI tools that create human-like responses to queries.

Organized retail crime rings can involve groups that sell stolen goods at flea markets and more sophisticated networks that resell stolen goods on Amazon.

Ulta Beauty CEO Dave Kimbell said online marketplaces are contributing to organized retail crime and need to do more to deter the sale of stolen goods.

Stephanie Linnartz, a former Marriott executive who took over at Under Armour in February 2023, is the second CEO UAA has cycled through in less than two years.

Charitable donations are becoming hyper-concentrated among a small group of ultra-wealthy mega-donors.

Dick's Sporting Goods said its holiday quarter was the strongest sales period in the company's history, leading it to raise its dividend by 10%.

SpaceX launched the third test flight of its Starship rocket on Thursday, as the company pushed development of the mammoth vehicle past new milestones.

Home Depot is building out the facilities as it looks to pros, which make up about half its business, for revenue growth this year.