CNBC Business

General Motors, Ford Motor and Stellantis have offered proposals that include 23% hourly pay increases during the terms of the four and a half-year deal.

CVS is voluntarily removing certain cough and cold medicines that contain phenylephrine as the only active ingredient from stores. 

South Florida's mansion boom is being driven by the continued flight of millionaires and billionaires from high-tax states such as New York and California.

With Singapore exceeding pre-pandemic levels and Macao recovering, Las Vegas Sands announced $2 billion in buybacks and a plan to put its pile of cash to work.

Shein, the Chinese-founded fashion giant that has taken the retail industry by storm, will have to clear a slew of hurdles if it wants to go public in the U.S.

Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising defaults on loans, lenders are poised to make deeper cuts.

Morgan Stanley shares fell even as the bank posted better-than-expected profits.

Netflix reported earnings after the bell. Here are the results.

American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.

The effort comes after Sanofi, Eli Lilly and Novo Nordisk announced sweeping insulin price cuts earlier this year.

TGL announces a San Francisco ownership group led by Marc Lasry and Steph Curry.

Procter & Gamble's shares have fallen 3.7% this year, dragging its market value down to $344 billion.

Philip Morris beat quarterly earnings estimates and missed revenue expectations, but sales of heated tobacco and oral nicotine products were strong.

Disney is slightly altering how it shares its detailed financials for its theme park division.

Netflix said its ad-based tier saw a 70% jump in subscribers.

The holiday season is the first overseen by Kohl's new CEO, Tom Kingsbury, and chief merchant Nick Jones.

There were 1.13 million homes for sale at the end of September, down more than 8% from a year ago.

Paxlovid will transition to the private market in November as demand for Covid vaccines and treatments slumps nationwide.

Netflix will hold its first-ever live sports event, a golf competition featuring PGA Tour members and Formula 1 racers, in November.

Disney reorganized its corporate structure earlier this year, splitting ESPN and sports apart from its entertainment segment.