Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg
Dan Schulman speaking at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020.Adam Galica | CNBCVerizon announced on…
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The 2025 box office is headed for its best post-Covid haul as winter releases heat up
“Zootopia 2”, “Wicked: For Good”, and “Avatar: Fire and Ash.”Courtesy: Disney Enterprises, Inc. | Universal PicturesThe box office is about…
Nike’s turnaround will ‘take a while’ amid stock slump, CEO Elliott Hill says
Nike‘s turnaround plan is showing early signs of progress, but it will “take a while” for the company to return…
Paramount Skydance to acquire Bari Weiss-founded Free Press
CBS News studio at Times Square in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel…
Online holiday spending growth set to slow to 5.3% as shoppers seek discounts
Alistair Berg | Digitalvision | Getty ImagesOnline holiday spending in the U.S. is expected to jump 5.3% year over year…
Detroit auto stocks jump on report of tariff relief for U.S. vehicles
GM Hummer EV production in Detroit.Photo by Jeffrey Sauger for General MotorsDETROIT — Shares of the Detroit automakers closed higher…
Tesla, GM lead record U.S. EV sales this year as federal incentives end
DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric…
The wealth of the top 1% reaches a record $52 trillion
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…
Property tech ‘winter’ is over, but climate investment is still struggling, says Fifth Wall CEO
Fifth Wall co-founder and CEO Brendan Wallace.Courtesy of Fifth WallA version of this article first appeared in the CNBC Property…
Why vinyl records like Taylor Swift’s ‘The Life of a Showgirl’ are protected from tariffs
Taylor Swift performs onstage during The Eras Tour at Wembley Stadium on June 21, 2024, in London.Kevin Mazur | Getty…
Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with…
Elon Musk is telling his followers to cancel Netflix subscriptions. Here’s what’s happening
Elon Musk stands in the Oval Office to attend a press event with U.S. President Donald Trump, at the White…
Ultra-wealthy millennials and Gen Zers to displace baby boomers by 2040
Young cheerful lady enjoying on poolside. Resting in spa hotel in pine forest in summertime. Swimming pool in tourist resort.…
Trump’s threats against late-night TV could spell more trouble for advertisers
A sign is displayed outside the El Capitan Entertainment Centre in Hollywood where the “Jimmy Kimmel Live!” show will be…
Peloton revamps equipment, launches commercial unit and raises prices ahead of holidays
Peloton on Wednesday said it’s relaunching its product assortment, introducing a commercial equipment line and raising prices for both subscriptions…
Government shutdown means opportune timing for Neptune Flood IPO
The timing of Neptune Insurance Holdings’ IPO couldn’t be more opportune.Neptune, the nation’s largest private flood insurance, debuts on the…
States sue Zillow, Redfin for alleged antitrust violation in online rental housing
Rafael Henrique | Lightrocket | Getty ImagesAttorneys general from five states sued Zillow and Redfin on Wednesday, alleging the companies…
Record EV sales lead GM, Ford to 8% increases in Q3 U.S. auto sales
Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024.Danielle DeVries |…
Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns
Jim Farley, president and chief executive officer of Ford Motor Co., at Ford Pro Accelerate in Detroit, Michigan, US, on…
Spirit Airlines on track for a $475 million bankruptcy lifeline
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in…
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