Ford said the changes are meant to provide customers with more choice and help expand sales of key models, a strategy CEO Jim Farley has touted.
CNBC Business
·
business
·
4h
Ribbit this
The gift to Providence St. Vincent Medical Center will support the creation of an all-women’s hospital as well as advance cardiovascular care across Oregon.
CNBC Business
·
business
·
6h
Ribbit this
Digital Realty and Equinix, two of the largest data center REITs, saw their stocks slump after warnings over AI advancements.
CNBC Business
·
business
·
9h
Ribbit this
The new system comes as vehicles are becoming more digital, leading GM to also redesign its organizational processes.
CNBC Business
·
business
·
10h
Ribbit this
Despite growing speculation that it won't be long until Chinese autos are sold in the U.S., John Murphy doesn't expect that to happen by 2030.
CNBC Business
·
business
·
11h
Ribbit this
Philadelphia will release more cream cheese flavors as part of Kraft Heinz's turnaround.
CNBC Business
·
business
·
11h
Ribbit this
Children's clothing brand Carter's is announcing a rebrand as it tries to keep up with the modern parent and its core customer base.
CNBC Business
·
business
·
11h
Ribbit this
The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.
CNBC Business
·
business
·
Sep 14
Ribbit this
The Danish drugmaker called the changes the beginning of a new chapter for the company, which faces stiff competition from Eli Lilly.
CNBC Business
·
business
·
Sep 14
Ribbit this
Most battery cells currently rely on raw materials from China. GM is seeking to establish domestic supply chains both for EVs and energy storage.
CNBC Business
·
business
·
Sep 12
Ribbit this
The largest outbreak, linked to shredded iceberg lettuce from Taylor Farms, sickened more than 12,000 people.
CNBC Business
·
business
·
Sep 11
Ribbit this
Total assets invested in so-called tax-aware long-short strategies — or TALS — have surged to more than $170 billion, according to Tax Alpha Insider.
CNBC Business
·
business
·
Sep 11
Ribbit this
Years after 9/11, the U.S. government is walking back some security screenings as threats and technology evolve.
CNBC Business
·
business
·
Sep 11
Ribbit this
OpenAI launched ChatGPT for Financial Services, targeting the labor-intensive research, modeling, and pitchbook tasks traditionally handled by junior bankers.
CNBC Business
·
business
·
Sep 10
Ribbit this
Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial truck plant in Kentucky.
CNBC Business
·
business
·
Sep 10
Ribbit this
ABC has come under increased pressure from the FCC, and the Trump administration has raised concerns about equal air time for political candidates.
CNBC Business
·
business
·
Sep 10
Ribbit this
Home sales slowed again despite the highest supply of homes for sale in over a decade. Prices, however, continue to rise.
CNBC Business
·
business
·
Sep 10
Ribbit this
The NFL has an opt-out clause at the end of the 2029-30 season in which it can resell and redistribute its media rights.
CNBC Business
·
business
·
Sep 10
Ribbit this
The Iran war and the AI boom have created a crowded market for mineral rights and other energy assets.
CNBC Business
·
business
·
Sep 10
Ribbit this
Goodell spoke with CNBC Sport ahead of the league's first-ever, regular-season game in Australia this week.
CNBC Business
·
business
·
Sep 10
Ribbit this
Macy's posted strong second fiscal quarter results on Thursday and raised its full-year guidance.
CNBC Business
·
business
·
Sep 10
Ribbit this
The domestic box office posted a record-breaking summer movie season which was bolstered by an extra week of ticket sales and higher priced premium screenings.
CNBC Business
·
business
·
Sep 9
Ribbit this
The Rams spent five years building their brand in Australia. This week, Los Angeles will face San Francisco in the NFL’s first regular-season game Down Under.
CNBC Business
·
business
·
Sep 9
Ribbit this
It's a stark example of a growing reality on Wall Street as firms test the benefits and limits of AI in finance and on their employees.
CNBC Business
·
business
·
Sep 8
Ribbit this
CNBC Business
·
business
·
Sep 8
Ribbit this
In a letter to Ford CEO Jim Farley, U.S. DOT Secretary Sean Duffy questioned the automaker's strategic trajectory involving Chinese companies.
CNBC Business
·
business
·
Sep 8
Ribbit this
As U.S. rent prices rise, more tenants are relocating to cheaper markets, according to a new report by Zillow.
CNBC Business
·
business
·
Sep 8
Ribbit this
The Department of Energy has given grants to small battery tech companies. But the U.S. has a few years to do what took China decades.
CNBC Business
·
business
·
Sep 8
Ribbit this
General Motors and Ford are looking for new potential growth areas, including by seeking military contracts and getting into energy storage businesses.
CNBC Business
·
business
·
Sep 5
Ribbit this
Maria Bartiromo, the longtime host of Fox News and Fox Business programming, has disputed reports she was fired from the cable TV networks.
CNBC Business
·
business
·
Sep 4
Ribbit this
Engelbert oversaw a period of unprecedented growth for the WNBA, but has faced criticism from players over her leadership.
CNBC Business
·
business
·
Sep 4
Ribbit this
Wealthy travelers are moving their typical summer getaways to autumn.
CNBC Business
·
business
·
Sep 4
Ribbit this
The NBA also fined the Los Angeles Clippers $30 million and said the team will forfeit five first-round picks, one in each year in drafts starting in 2029.
CNBC Business
·
business
·
Sep 4
Ribbit this
The global billionaire count hit a record of 3,795 people last year, with the biggest wealth gains for the richest of the rich, per a recent Altrata report.
CNBC Business
·
business
·
Sep 4
Ribbit this
THC drinks are booming as an alcohol alternative, but a looming federal crackdown is squeezing makers, distributors and consumers.
CNBC Business
·
business
·
Sep 4
Ribbit this
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
CNBC Business
·
business
·
Sep 3
Ribbit this
The infrastructure company is toward the end of a three-year business plan that has boosted revenue and significantly cut the company's losses.
CNBC Business
·
business
·
Sep 3
Ribbit this
The San Francisco 49ers and the L.A. Rams are playing the NFL's first-ever game in Australia, marking an expanded push to grow the game internationally.
CNBC Business
·
business
·
Sep 3
Ribbit this
The personal investment firms of titans like Stanley Druckenmiller are backing innovations in gene editing, drug discovery and more.
CNBC Business
·
business
·
Sep 3
Ribbit this
The airline is partnering with Chase on the effort, saying it wants to build on that company's Sapphire Reserve Lounge Network.
CNBC Business
·
business
·
Sep 2
Ribbit this
Ford reported its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August.
CNBC Business
·
business
·
Sep 2
Ribbit this
American Airlines is adding its most premium seats to its largest planes, which it uses for its most popular long international flights.
CNBC Business
·
business
·
Sep 2
Ribbit this
Kroenke Sports and Entertainment was valued at more than $26 billion in CNBC's most recent list of the world's most valuable sports empires.
CNBC Business
·
business
·
Sep 1
Ribbit this
Mike Gordon of Harrison Street Asset Management said funding cuts and enrollment trends are making specialization more vital than ever.
CNBC Business
·
business
·
Sep 1
Ribbit this
The tire maker has an ongoing turnaround plan as the company tries to restructure its business, refinance and pay down years of debt.
CNBC Business
·
business
·
Sep 1
Ribbit this
Whatnot and TikTok are tapping into its potential livestream shopping in the U.S. after a decade of massive success in China.
CNBC Business
·
business
·
Sep 1
Ribbit this
Last-mile delivery company OneRail is launching a new platform with Nvidia to use AI to help retailers make faster and more efficient delivery decisions.
CNBC Business
·
business
·
Sep 1
Ribbit this
When Toyota announced the new version of its SUV, it said the RAV4 would only be available as a hybrid and that production would be limited at first.
CNBC Business
·
business
·
Sep 1
Ribbit this
The string of deals builds on the Trump administration's push to link the nation's drug prices to cheaper ones abroad.
CNBC Business
·
business
·
Aug 31
Ribbit this
The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.
CNBC Business
·
business
·
Aug 31
Ribbit this
Retailers have diverged on how they've reported tariff refunds in their earnings this quarter, with some choosing to lower prices and others boosting margins.
CNBC Business
·
business
·
Aug 31
Ribbit this
New York City brokers said they've seen a surge in the number of wealthy renters, which is driving Manhattan rents to new records.
CNBC Business
·
business
·
Aug 31
Ribbit this
The new pill is also aimed at people who are doing well on a single-tablet regimen, including Biktarvy, and want to switch to a new treatment.
CNBC Business
·
business
·
Aug 28
Ribbit this
Taylor Farms and other suppliers have become larger and more integral to the U.S. food system, complicating foodborne illnesses such as cyclosporiasis.
CNBC Business
·
business
·
Aug 28
Ribbit this
Imax's stock and box office are breaking records, but studio conflicts and a soaring valuation complicate the list of who could bid for the company.
CNBC Business
·
business
·
Aug 28
Ribbit this