CNBC Business

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.

Ron Coughlin has served as Petco's CEO for more than five years and has been instrumental in transforming the company into a health and wellness business.

Amazon Pharmacy second online pharmacy to partner with Eli Lilly's site, and could provide faster deliveries for certain patients.

The Federal Aviation Administration on Wednesday issued SpaceX with the launch license the company needed to fly its latest Starship prototype.

Under Armour announced CEO Stephanie Linnartz is stepping down from her role just over a year after she started.

Automakers from Ford and GM to Mercedes-Benz, Volkswagen and Aston Martin are scaling back or delaying their electric vehicle plans.

United is pausing pilot hiring, Southwest is trimming its schedule and Alaska said its growth plans are in flux because of Boeing's delivery delays.

Gerald Johnson, executive vice president of global manufacturing and sustainability, will be replaced by Jens Peter "JP" Clausen, a former executive with Tesla.

Southwest joined other airlines in forecasting fewer Max deliveries from Boeing as the manufacturer struggles with a quality control crisis.

Frontier has started to sell seats at the front of the plane with blocked middle seats, starting at $49.

Boeing delivered 27 planes in February, while Airbus handed over 49.

The longtime CEO of Berkshire Hathaway's Brooks Running, Jim Weber, is stepping down, and its COO Dan Sheridan is taking over.

Kohl's announced the deal with WHP Global as it released holiday-quarter earnings.