CNBC Business

Hollywood actors aren't totally on board with the latest labor agreement pitch.

Citigroup CEO Jane Fraser may preside over some of Wall Street's deepest job cuts in years as she faces mounting pressure to fix the third-largest U.S. bank.

The talks between Fenway and the PGA Tour raise concerns about the tour's proposed business combination with Saudi-backed LIV Golf.

LVMH is buying Barton Perreira as it expands its portfolio in the growing luxury eyewear space and tries to rebound from a recent downturn.

The CEO of the new Bed Bath & Beyond suddenly left the position Monday, the same day the company's planned corporate name change took effect.

Hugh Johnston, PepsiCo's longtime finance chief, will take on the same role at Disney.

Struggling space company Astra warned in a securities filing on Friday that it may not be able to raise needed cash as funds dwindle.

Taylor Swift's The Eras Tour concert film has shattered records and helped the theater industry weather a light release calendar.

Amazon Prime Video has secured the rights to one of the hottest box office releases of 2023: Angel Studios' "Sound of Freedom."

The proliferation of online sports betting and casino gaming across the U.S. has led to record revenue for sportsbook companies such as DraftKings and Fan Duel.

Paramount Global posted higher revenue and profit, as well as improving results for its streaming business.

Starz is laying off more than 10% of employees and is exiting UK and Australia.

The discounter Walmart has attracted more high-income households because of inflation and investments in its stores and website.

Fain plans to use record contracts recently won with GM, Ford and Stellantis to assist in the union's embattled organizing efforts elsewhere.

Burger King parent Restaurant Brands International's quarterly revenue fell short of Wall Street's expectations.

The largest investments under the deal include $1.5 billion each for Belvidere Assembly in Illinois, a Dodge-Jeep plant in Detroit and a Jeep complex in Ohio.

E-cigarette usage among U.S. high school students has fallen as the government pursues aggressive action against companies selling illegal vape products.

The media conglomerate reported a 38% increase in revenue and 63 million subscribers on Paramount+.

DraftKings reported 2.3 million monthly unique payers in the third quarter, representing a 40% increase year over year.

The announcement marks the latest stage in the company's broader "reinvention" strategy, which was laid out by former CEO Howard Schultz.