Hormuz disruptions hit China’s Christmas capital — and holiday spending
Christmas is still eight months away, but artificial tree maker Lou Liping is already worried about a bad holiday season…
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How Trump’s psychedelics executive order could unlock stalled cannabis reform
Advocates attend a news conference about the “impact of incarcerating those charged with marijuana-related offenses,” and policy reform ideas, outside…
Rivian’s factory damaged by tornado amid crucial R2 EV launch
A view shows a second-generation R1S at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, on June 21, 2024.Joel…
Sandwich chain Jersey Mike’s confidentially files for IPO
A Jersey Mike’s restaurant in Walnut Creek, California, Nov. 21, 2024.David Paul Morris | Bloomberg | Getty ImagesJersey Mike’s has…
Eli Lilly agrees to acquire cancer drug maker Kelonia in deal worth up to $7 billion
The Eli Lilly logo appears on the company’s office in San Diego, California, U.S., Nov. 21, 2025.Mike Blake | ReutersEli…
‘It’s just scale’: Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers
Derek Sylvester with members of his family, team and mascot Molly, who was featured on the dealership’s logo.Courtesy Sylvester ChevroletDerek…
Some grocers are using AI to cut food waste and boost profit margins
As grocery chains face mounting pressure from inflation-weary shoppers and growing competition, some in the industry are starting to rely…
Netflix was long ‘a builder not a buyer.’ Is that era over?
The Netflix logo is pictured at the company’s offices on Vine in Los Angeles, Dec. 5, 2025.Patrick T. Fallon |…
Netflix stock sinks after streamer reiterates guidance, says Reed Hastings to exit board
Reed Hastings, Netflix’s co-founder and then-CEO, in Sydney to meet with executives of other subscription streaming services on Feb. 25,…
Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy
Rear Admiral Erica G. Schwartz.U.S. Department of Health and Human ServicesPresident Donald Trump on Thursday nominated Erica Schwartz to serve…
Netflix stock sinks despite earnings beat, streamer says Reed Hastings to exit board
Reed Hastings, Netflix’s co-founder and then-CEO, in Sydney to meet with executives of other subscription streaming services on Feb. 25,…
RFK Jr.’s peptide policy could boost Hims & Hers as its GLP-1 business evolves
Piotr Swat | Lightrocket | Getty ImagesAs its high-margin compounded GLP-1 business evolves, Hims & Hers Health may be finding…
How the wealthy are planning to cut their 2026 tax bills
The U.S. Internal Revenue Service (IRS) building stands after it was reported the IRS will lay off about 6,700 employees,…
Airline CEOs urged by lawmaker to lower fares if fuel prices come down
A JetBlue aircraft lands under the DC skyline featuring the U.S. Capitol building, near United Airlines, American Airlines and Delta…
Why foreign automakers dominate the sedan market
The biggest American automakers all but abandoned sedans and coupes in recent years as they rushed to compete in the…
Spirit Airlines could liquidate as early as this week, sources say
Spirit Airlines airplanes taxi on the tarmac at New York’s Laguardia Airport in the Queens borough of New York City,…
For cruise lines, Iran conflict and oil prices threaten to dent profits
The Carnival Miracle cruise ship is anchored of the Big Island of Hawaii on Jan. 14, 2024.Kevin Carter | Getty…
Goldman Sachs bond traders stumbled as Wall Street rivals thrived: ‘A fire is being lit under’ them
David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan.…
Ford EV chief leaving automaker amid new restructuring efforts
Doug Field, the chief EV, digital and design officer at Ford Motor, speaks at Louisville Assembly Plant as Ford shares…
Walmart is refreshing the look of Great Value, its largest private-label brand
Walmart‘s largest private brand, Great Value, is getting a fresh look.Starting in May, the brand’s approximately 10,000 items that span…
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