CNBC Business

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

Electric truck maker Nikola said Friday that its CEO, Michael Lohscheller, will step down effective immediately due to a "family health matter."

Struggling space company Astra is cutting 25% of its workforce and restructuring to focus more on its spacecraft engine business.

The company and its manufacturing partner struggled to get the electric Ocean SUV into full production during the period amid supplier issues.

Americans are expected to spend a record amount on school supplies this year. They're feeling sticker shock as inflation continues to push up prices.

Home prices in June hit record highs in 60% of U.S. markets, according to a new report from Black Knight, set to be released Monday.

Florida State University has been looking for opportunities to join other conferences and exit the Atlantic Coast Conference division of the NCAA.

Pfizer's Rocky Mount facility supplies 8% of all sterile injectable medicines used in U.S. hospitals, including anesthesia, analgesia and anti-infectives.

The shift overseas is driving up international airfares and room rates, while domestic growth lags.

Utilizing third-party studios and distributors to create TV and film content minimizes financial risk for Hasbro, as it did Mattel.

The vote paves the way for Nikola to raise funds to support its fuel-cell-powered electric Tre semitruck and the buildout of a hydrogen refueling network.

Warner Bros. Discovery reported second-quarter results that fell below Wall Street expectations and revealed decreasing subscriber totals.

Moderna and its rivals Pfizer and Novavax have all seen a steep drop in sales of Covid vaccines and treatments as the world moves on from the pandemic.  

Experts had warned that a bubble could burst along with cryptocurrency and other trendy pandemic booms. But the recent declines appear to mark a stabilization.

Core profit rose 5% year on year, smashing expectations despite a boycott that led to a sharp fall in sales of its bestselling Bud Light beer.

WWE boss Vince McMahon has been under investigation over millions of dollars paid to women after he was accused of sexual misconduct.

High mortgage rates, soaring home prices, a meager supply of homes for sale and a strong dollar make homes less financially attractive for international buyers.

EVgo's second-quarter results beat Wall Street estimates, as revenue from deals to provide chargers to other businesses surged.

In the wide-ranging interview, Dimon touched on topics including geopolitics, bank regulation, artificial intelligence and the direction of the economy.

It's the first sign of movement in a stalemate between the two sides which began in early May when talks broke down and the strike began.