Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction
Michael Jordan of the Chicago Bulls (L) eyes the basket as he is guarded by Kobe Bryant of the Los…
Latest Business News, Market Trends & Corporate Insights
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Macy’s turnaround starts to take shape, but ailing stores weigh on quarterly results
Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can…
Trump grants automakers one-month exemption from tariffs
In an aerial view, brand new Subaru cars sit in a storage lot at Auto Warehouse Co. on March 4,…
Novo Nordisk offers Wegovy for less than half the price through new direct-to-consumer pharmacy
Novo Nordisk’s Wegovy weight loss drug has seen a meteoric rise in popularity. Nurphoto | Getty ImagesNovo Nordisk on Wednesday said…
NHL commissioner says league could be affected by U.S.-Canada tariffs
National Hockey League Commissioner Gary Bettman said Wednesday that the league could be affected by the current tensions between the…
These are the most competitive rental markets in the U.S.
Residential apartment buildings in the Brooklyn borough of New York, US, on Wednesday, July 17, 2024. Yuki Iwamura | Bloomberg |…
Amgen starts two critical late-stage trials for weight loss drug MariTide
The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023.Mario Tama | Getty ImagesAmgen…
Kenvue settles proxy fight with activist Starboard, adding three directors to its board
Kenvue settled its proxy fight with activist Starboard Value, adding three new directors to its board.Starboard’s Jeff Smith will join…
Abercrombie & Fitch shares plunge 15% after star retailer posts weak guidance for year ahead
Abercrombie & Fitch‘s growth story is starting to slow down.Shares of the apparel retailer plummeted 15% on Wednesday after the…
David’s Bridal taps new CEO as it looks to become media company, build online marketplace
David’s Bridal has tapped a new CEO to lead the company as it looks to transform from a legacy retailer…
U.S. Olympic committee announces $100 million grant to fund athletes into their future
USA’s delegation sail in a boat along the river Seine during the opening ceremony of the Paris 2024 Olympic Games…
Foot Locker results show the sneaker industry — and Nike — still have more pain ahead
Foot Locker said Wednesday it expects another year of deep discounts in the sneaker industry as its largest brand partner…
Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump‘s tariffs on Mexican imports,…
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget…
Airline stocks fall as possible economic ‘soft patch’ raises demand concerns
United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki |…
Trump’s tariffs could quickly cut North American auto production by a third
Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and…
Here’s how tariffs will hit the U.S. housing market
New homes being built in Englewood Cliffs, N.J. on Sept. 24th, 2024. Adam Jeffery | CNBCFrom lumber to drywall to appliances…
Southwest Airlines closing 2 crew bases in cost-cutting push
A Southwest Airlines aircraft at a gate at Austin-Bergstrom International Airport in Austin, Texas, Feb. 16, 2023.Jordan Vonderhaar | Bloomberg…
Starbucks poaches Nordstrom CFO as executive shake-up continues
Cathy Smith in 2019.Mark Lennihan | APStarbucks announced Tuesday that Nordstrom Chief Financial Officer Cathy Smith will join the company…
Aviation industry pushes Congress for air traffic improvements, more hiring
File photo shows the air traffic control tower at Chicago’s Midway International Airport.M. Spencer Green | APAviation industry members on…
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