How retail accounting could distort profitability as tariffs take effect
As more tariffs take effect on goods imported into the U.S., a specific accounting method could have major implications for…
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Versant to rename MSNBC, drop famed peacock logos in Comcast separation
The brand logo for My Source News Opinion WorldCourtesy of VersantMSNBC will change its name later this year and drop…
Novo Nordisk offers diabetes drug Ozempic for less than half the price for cash-paying U.S. patients
A box of Ozempic made by Novo Nordisk, at a pharmacy in London on March 8, 2024.Hollie Adams | ReutersNovo…
When ‘invest like the 1%’ fails: How Yieldstreet’s real estate bets left customers with massive losses
Yieldstreet customer Justin Klish, who said he faces $400,000 in losses from investing on the platform.Courtesy: Justin KlishWhen Justin Klish…
Insurance firm Gallagher taps pro athletes for summer internships, preparing them for life off the field
Insurance firm Gallagher is tapping into a new kind of summer intern: professional athletes.Last year, the insurance giant expanded its…
AI is moving into the apartment market, taking over work orders, lease renewals, showings and more
Angel Santana Garcia | Istock | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter…
Summer travel isn’t as easy as it used to be for airlines
People move through a crowded JFK International Airport days before the 4th of July holiday on July 02, 2024 in…
Family offices flock to private markets with allocations surging over 500% in nearly a decade
Westend61 | Westend61 | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank,…
Tapestry shares plunge nearly 16% as Coach parent says tariffs will bite into profits
People walk past a Coach store on Madison Avenue in New York. Carlo Allegri | ReutersShares of Coach and Kate…
Ulta and Target will end deal for in-store beauty shops next year
Target has added new brands to its beauty department. At a growing number of stores, it also has mini Ulta…
Nike co-founder Phil Knight to donate $2 billion to OHSU’s Knight Cancer Institute
Phil KnightMatthew Staver | Bloomberg | Getty ImagesNike co-founder Phil Knight is donating $2 billion to the Oregon Health and…
Monterey classic car auctions kick off, and sales expectations are tepid
A general view at Pebble Beach Concours d’Elegance on August 18, 2024 in Monterey, California. Since 1950, the annual Pebble…
Tapestry shares plunge 15% as Coach parent says tariffs will bite into profits
People walk past a Coach store on Madison Avenue in New York. Carlo Allegri | ReutersShares of Coach and Kate…
Eli Lilly hikes price of diabetes drug Mounjaro in UK as Trump pressures pharma to align drug costs
Mounjaro manufactured by Eli Lilly and Company packaging is seen in this illustration photo taken in a pharmacy in Krakow,…
Cadillac unveils ‘Elevated Velocity’ electric crossover concept car
The Cadillac Elevated Velocity concept car.Courtesy: CadillacGeneral Motors on Thursday unveiled the Cadillac Elevated Velocity, a new concept car aimed…
Kodak faces financial struggles even as Gen Z sparks a film resurgence
Rolls of Kodak Gold film hang on a shelf at the Precision Camera & Video store on August 12, 2025…
Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown
Cava stock tumbled 16% in afternoon trading on Wednesday, making it the latest fast-casual chain to feel Wall Street’s wrath…
New York Attorney General James sues Zelle parent company, alleging it enabled fraud
New York Attorney General Letitia James speaks outside New York Supreme Court in New York City ahead of former President…
Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | AFP | Getty ImagesAs…
Spirit Airlines warns it might not be able to survive a year without more cash
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in…
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