2 years 10 months ago
The discounter Walmart has attracted more high-income households because of inflation and investments in its stores and website.
2 years 10 months ago
Fain plans to use record contracts recently won with GM, Ford and Stellantis to assist in the union's embattled organizing efforts elsewhere.
2 years 10 months ago
Burger King parent Restaurant Brands International's quarterly revenue fell short of Wall Street's expectations.
2 years 10 months ago
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.
2 years 10 months ago
E-cigarette usage among U.S. high school students has fallen as the government pursues aggressive action against companies selling illegal vape products.
2 years 10 months ago
The media conglomerate reported a 38% increase in revenue and 63 million subscribers on Paramount+.
2 years 10 months ago
DraftKings reported 2.3 million monthly unique payers in the third quarter, representing a 40% increase year over year.
2 years 10 months ago
The announcement marks the latest stage in the company's broader "reinvention" strategy, which was laid out by former CEO Howard Schultz.
2 years 10 months ago
Live Nation's revenue surged on high prices, pent-up demand and blockbuster tours from superstars Taylor Swift and Beyoncé.
2 years 10 months ago
The remarks suggest that Eli Lilly's initial efforts to expand manufacturing capacity for Mounjaro are paying off as demand for the diabetes treatment soars.
2 years 10 months ago
Wall Street celebrated Roku's third-quarter report, in which the company reported strong trends in content distribution and advertising.
2 years 10 months ago
The National Association of Realtors announced its CEO stepped down days after a federal jury ruled that the group artificially inflated commissions.
2 years 10 months ago
The remarks come as U.S. health insurers balk at the extreme cost of Wegovy and other obesity drugs and drop them from their plans.
2 years 10 months ago
Amazon is rolling out its first buy now, pay later checkout option for small business owners via fintech player Affirm, CNBC has learned.
2 years 10 months ago
Eli Lilly reported revenue and adjusted earnings that topped expectations, lifted by $1.4 billion in sales from its blockbuster diabetes drug Mounjaro.
2 years 10 months ago
The company's same-store sales rose 8%, fueled by higher average checks and a 3% increase in customer traffic to its cafes.
2 years 10 months ago
Moderna's total revenue for the third quarter still topped Wall Street's expectations despite plummeting demand for its Covid-19 shot.
2 years 10 months ago
Fox Sports drove higher consumption overall for Fox last quarter. But sports programming also drove up expenses.
2 years 10 months ago
Nissan chief Makoto Uchida said it's important for EV makers to tailor their approach to specific markets.
2 years 10 months ago
SpaceX CEO Elon Musk announced Thursday that the company's Starlink satellite internet business "achieved breakeven cash flow."
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