February home sales spike 9.5%, the largest monthly gain in a year, as supply improves
Jeff Greenberg | Universal Images Group | Getty ImagesSales of existing homes surged 9.5% in February from January to 4.38…
Latest Business News, Market Trends & Corporate Insights
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Advisory firm ISS tells Disney shareholders to side with Nelson Peltz in proxy fight
The Walt Disney company logo is displayed on the floor of the New York Stock Exchange during morning trading on…
Intuitive Machines improves cash position to best since IPO after historic moon mission
The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024.Intuitive MachinesIntuitive Machines is building on the successes of its…
Darden posts first same-store sales decline since pandemic, offset by Ruth’s Chris acquisition
Darden Restaurants on Thursday reported mixed quarterly results as the Olive Garden owner’s same-store sales shrank for the first time…
How ESPN executives plan to survive the demise of cable TV
Disney‘s ESPN is at a crossroads.For more than 40 years, the world’s largest all-sports network has grown annual revenue by…
Former Disney CEO Bob Chapek breaks silence, says there’s no strategic need for ESPN partners
Bob Chapek, chief executive officer of Disney, speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo in Anaheim,…
Sotheby’s leans into sports with auctions of Jordan shoes, Ali trunks and Kobe jersey
Michael Jordan’s game-worn Air Jordan 11s. Worn during Game 5 of the 1996 NBA Finals.Photo: Sotheby’sSotheby’s is increasing its sports…
Nordstrom shares jump 9% on report retailer is trying to go private
Shoppers exit the Nordstrom at the Westfield Topanga mall in Canoga Park, California, on Aug. 14, 2023.Christina House | Los…
JetBlue cuts routes spanning Los Angeles to Lima in race to lower costs
A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida, on Jan.…
Nordstrom shares jump more than 10% on report retailer is trying to go private
Shoppers exit the Nordstrom at the Westfield Topanga mall in Canoga Park, California, on Aug. 14, 2023.Christina House | Los…
How an AI program can design your dream home in seconds
Artificial intelligence is moving into the housing space, specifically architecture.ICON, which developed one of the first fully 3D-printed housing developments…
George Lucas backs Disney CEO Bob Iger in proxy fight with Nelson Peltz
Filmmaker and Hollywood legend George Lucas is throwing his support behind Walt Disney CEO Bob Iger in the bitter proxy…
Banks are in limbo without a crucial lifeline. Here’s where cracks may appear next
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024.Brendan…
Bentley delays all-EV plan amid changing market conditions, vehicle development challenges
Bentley Continental GTC Speed in Kingfisher.Adam Jeffery | CNBCBentley Motors is pushing back its plans to exclusively offer all-electric vehicles…
Audi reveals new all-electric Q6 e-tron SUV, its first next-generation EV
The Audi SQ6 e-tron SUV.AudiAudi on Monday revealed its new all-electric Q6 e-tron SUV, the first production vehicle on its…
UAW says VW workers at Tennessee plant file for union election
A VW EV ID.4 cross-over at Volkswagen of America plant in Chattanooga, TN, June 8, 2022.Michael Wayland | CNBCDETROIT –…
Homebuilder sentiment turns positive for the first time since July
A two-family house is under construction November 17, 2023 in Shelburne, Vermont. Robert Nickelsberg | Getty ImagesU.S. homebuilders are feeling more…
United Airlines CEO tries to reassure customers after string of flight problems
United Airlines president Scott Kirby speaking in Chicago, Illinois, June 5, 2019.Kamil Krzaczynski | ReutersUnited Airlines CEO Scott Kirby on…
The state of women’s sports: Top executives weigh in on parity, media share and NIL regulations
Guard Caitlin Clark #22 of the Iowa Hawkeyes listens as the crowd cheers after breaking the NCAA women’s all-time scoring…
Beyoncé’s country songs are bringing new listeners to the genre, boosting streams for Black artists
Beyonce leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024…
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