CNBC Business

GM CEO Mary Barra on Thursday said she has no plans to retire any time soon, citing a need to ensure the company's transformation is on "a good path."

The data retailers have on customers — from one-time buyers to loyalists — is extremely valuable to advertisers who want to optimize their exposure.

Frontier CEO Barry Biffle said he has seen flights where 20 people were brought in wheelchairs at departure, with only three using them upon arrival.

The lawsuit follows a DOJ probe bolstered by fan complaints following a botched rollout for tickets to Taylor Swift's Eras Tour.

Boeing's aircraft deliveries won't recover in the second quarter from the first, as the manufacturer deals with a host of production challenges, its CFO said.

E.l.f. Beauty grew sales in the high double-digit percentages again, but it expects that growth to start to moderate in the coming fiscal year.

Warner Bros. Discovery may be more interested in going after an NBA package earmarked for Amazon than on games slated for NBCUniversal, sources say.

Synapse is a middle man between customer-facing fintech brands and FDIC-backed banks, but it has had disagreements about how much in customer balances it owed.

Higher mortgage rates were hampering sales of newly built homes in April.

The mass wealth migration to Florida from New York and other high-tax states has created record demand for household staff in elite Florida enclaves.

Warner Bros. Discovery will carry two College Football Playoff games on TNT and Max's sports tier starting in December.

The buy now, pay later market is dominated by fintech firms like Affirm, Klarna and PayPal.

Big-box retailer Target reported first-quarter earnings days after it said it would lower prices on thousands of groceries and everyday items.

Target's weak results show the fierce battle between retailers trying to outmatch each other on deals.

Pfizer is also carrying out another $4 billion cost-cutting effort, which it announced last year as demand for its Covid vaccine and drug Paxlovid slumped. 

The IRA includes incentives for EV buyers as well as support for carmakers and suppliers to produce all-electric vehicles and their components in North America.

Inventory in April rose 9% month to month and was up 16% from the year before, but still just a 3.5-month supply at the current sales pace.

Affordable entry-level EV pricing has long been a goal for GM, Tesla and others as Chinese rivals like BYD and Nio grow their sales beyond China.

Pickleball courts have become big business as franchises, country clubs and fitness clubs build and convert space.

The $5 value meal will hit menu boards beginning June 25 and will last roughly a month.