CNBC Business

Eli Lilly's stock has been on a tear, driven by positive trial results for its Alzheimer's drug and progress with its promising obesity drug pipeline. 

Activist investment firm Barington Capital Group wants to Hanesbrands to reduce its debt and lower costs amid soft sales and shrinking margins.

The move comes at a key time for Goldman CEO David Solomon, who has endured criticism over a failed consumer banking effort, his DJ hobby and other missteps.

The MBA's monthly index measuring credit availability dropped in July to the lowest level since 2013, indicating lending standards are tightening even further.

Wells Fargo, a relatively small player on Wall Street, racked up the most fines Tuesday, with a total of $200 million in penalties.

GM has called the Escalade IQ, which is expected to share little to nothing with the traditional models, the "reinvention of an icon."

Aircraft deliveries from rival Airbus have outpaced Boeing's so far this year.

Paramount Global has agreed to sell Simon & Schuster to private equity giant KKR for $1.62 billion, the company said as it reported quarterly earnings.

Space infrastructure company Redwire reported second-quarter results Monday, as it nearly erased its net losses.

The dispute comes down to licensing rights for NBA and NFL trading cards.

Lucid's second-quarter revenue fell short of expectations, but a recent cash raise extended the EV maker's runway into 2025.

Starliner continues to be a costly and behind-schedule endeavor for Boeing, with the company absorbing about $1.5 billion in cost overruns to date.

Hospitals are looking at ways to leverage artificial intelligence to cut down on administrative tasks which contribute to burnout for nurses and doctors.

Warner Bros. Discovery plans to brand its new sports tier under the Bleacher Report name and aims to launch by the start of the Major League Baseball playoffs.

The FDA approved the pill zuranolone, developed by Sage and Biogen, for postpartum depression but declined to approve it for major depressive disorder.

"Barbie" is expected to hit a billion-dollar benchmark before Monday, making Greta Gerwig the first solo female director to have a film cross the mark.

Automation is taking hold at more companies, and businesses building the robots are looking for workers.

Business leaders and academic experts expect that the end of affirmative action will result in a less diverse applicant pool from which to recruit new workers.

Goldman Sachs CEO David Solomon has hitched his fortunes to asset and wealth management after dropping his ill-fated retail banking effort.

Companies from Dunkin' to Delta, Netflix to Sephora are pulling back on freebies and perks as they chase higher margins.