Morgan Stanley is launching an investing index tied to sports leagues
The Morgan Stanley headquarters in New York on Dec. 27, 2023.Angus Mordant | Bloomberg | Getty ImagesMorgan Stanley is introducing…
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Comcast is exploring separation of cable networks business
Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday.During the company’s third-quarter earnings call…
7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
Brian Niccols, CEO of Starbucks, speaking with CNBC on Oct. 31st, 2024. CNBCStarbucks CEO Brian Niccol shared more details about the…
Starbucks will stop charging extra for dairy alternatives
Starbucks offers oat milk as a dairy-free option.Source: StarbucksStarbucks said Wednesday that it will remove the surcharge for dairy substitutes,…
Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations
A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCCarvana on Wednesday raised its 2024 earnings guidance…
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Brian Niccol speaking on CNBC’s “Squawk Box” on Oct. 30, 2018.Anjali Sundaram | CNBCStarbucks on Wednesday reported quarterly earnings and…
Novo Nordisk’s Ozempic and Wegovy now available in the U.S. after shortages, FDA says
Packages containing syringes of the medications Wegovy, Ozempic and Mounjaro at a shop in Mitte, Germany, July 11, 2024.Picture Alliance…
Eli Lilly’s Zepbound and Mounjaro are no longer in shortage. Here’s where their sales still disappointed
Eli Lilly’s blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro posted weaker-than-expected sales for the third quarter, even as…
United Airlines raises spending requirements to earn frequent flyer status
A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024.Kevin…
Pending home sales took an unexpected leap higher last month, but rates have climbed back up
Signed contracts to buy existing homes in September jumped a surprising 7.4% compared with August, according to the National Association…
Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther
An Airbus A321XLR Neo passenger aircraft performs a flying display at the Paris Air Show in Le Bourget, Paris, France,…
Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November
Starbucks’ Oleato coffee beverages.StarbucksStarbucks’ controversial line of olive oil-infused drinks will leave U.S. stores in early November.The decision to remove…
Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance
Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023.Mike Blake | ReutersEli Lilly on Wednesday fell…
Eli Lilly stock tumbles 10% after drug giant misses estimates and slashes profit guidance
Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023.Mike Blake | ReutersEli Lilly on Wednesday fell…
Chipotle misses revenue estimates as same-store sales growth disappoints
A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024.Angus Mordant…
Chipotle shares fall as same-store sales growth disappoints
A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024.Angus Mordant…
McDonald’s executives say E. coli outbreak is ‘behind us’
McDonald’s Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois.Richa Naidu | ReutersA week…
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales
The PAXLOVID antiviral medications nirmatrelvir co-packaged with ritonavir were developed by Pfizer to treat the virus.Patrick T. Fallon | Afp…
Harris vs. Trump: Auto insiders weigh in on both candidates, top issues
New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn,…
Gatorade signs Duke basketball’s Cooper Flagg to NIL deal
Cooper Flagg, #2 of the Duke Blue Devils, moves the ball against the Arizona State Sun Devils during the game…
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