Business

The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop.  Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce company Shein’s hopes of going public in the United States are growing slimmer by the day, according to experts, as rising tensions between Beijing and

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly on Friday said it applied for U.S. approval of its weight loss drug Zepbound for the treatment of the most common sleep-related

Sales of previously owned homes are sitting at a 30-year low and didn’t move much in May as prices hit a new record and mortgage rates remain high. So-called existing home sales in May were essentially flat, down 0.7% from April to a seasonally adjusted, annualized rate of 4.11 million units, according to the National

Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep up with savvier competitors, CNBC has learned. The retailer, which has more than 380 stores in the U.S., has asked some landlords to cut its rent by as much as 50%, people familiar

In this article GILD Follow your favorite stocksCREATE FREE ACCOUNT The logo of Gilead Sciences pharmaceutical company is seen in Oceanside, California, April 29, 2020. Mike Blake | Reuters Gilead‘s experimental twice-yearly medicine to prevent HIV was 100% effective in a late-stage trial, the company said Thursday. None of the roughly 2,000 women in the

In this article WSC Follow your favorite stocksCREATE FREE ACCOUNT Starlink Mini promotional image. SpaceX customer email sent June 19, 2024. SpaceX is rolling out a compact version of its Starlink antennas, which the company is advertising as a mobile option for its satellite internet customers. “Starlink Mini is a compact, portable kit that can

Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in Dirksen Building on Tuesday, October 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth Warren is accusing Fed Chair Jerome Powell of doing the financial

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.” Disney | Pixar A big piece has been missing from the box office — family films. A handful of kid-friendly hits — Universal’s “Super Mario Bros.” chief among them — have boosted ticket sales. But many family features

In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd. April 6, 2005 in Haikou, Hainan Province, China. China Photos | Getty Images DETROIT – The traditional Detroit automakers

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with senators about recent safety issues including the grounding of the 737 MAX 9 planes. Tom Williams | Cq-roll Call, Inc.

In this article MRK Follow your favorite stocksCREATE FREE ACCOUNT Zoom In IconArrows pointing outwards Merck’s new pneumococcal vaccine. Courtesy: Merck The Food and Drug Administration on Monday approved Merck‘s new vaccine designed to protect adults from a bacteria known as pneumococcus that can cause serious illnesses and a lung infection called pneumonia, the drugmaker

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT A pharmacist holds boxs of Eli Lilly & Co. Mounjaro brand tirzepatide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023.  George Frey | Bloomberg | Getty Images Skyrocketing demand for a class of weight loss and diabetes treatments has

In this article F Follow your favorite stocksCREATE FREE ACCOUNT An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023. Nathan Howard | Getty Images Ford Motor is ending a controversial electric vehicle dealership program that initially asked store owners to invest upward of $1 million to

In this article ANF Follow your favorite stocksCREATE FREE ACCOUNT Abercrombie & Fitch has transformed itself from a dying mall brand into a Wall Street darling after spending years revamping its product assortment, overhauling its supply chain and rebranding as an inclusive retailer.  Shares of the apparel company have surged over the last year as

In this article BA LMT Follow your favorite stocksCREATE FREE ACCOUNT A mass simulator version of a New Glenn rocket is moved for testing in November 2021. Blue Origin The Pentagon announced the first winning bidders in its rocket launch contract sweepstakes on Thursday, with Jeff Bezos‘ Blue Origin grabbing a spot for the first

In this article @CC.1 JJSF MDLZ HSY Follow your favorite stocksCREATE FREE ACCOUNT Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024.  Ferley Ospina | Bloomberg | Getty Images There’s pricing pressure taking hold of a specific corner of global agriculture

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. Maxar Technologies | Via Reuters Boeing‘s Starliner capsule “Calypso” will stay at the International Space Station twice as long as the mission originally planned, NASA announced

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT In Disney and Pixar’s “Inside Out 2,” Joy, Sadness, Anger, Fear and Disgust meet new emotions. Disney | Pixar Disney is looking to bring a little joy to theaters with its upcoming release of Pixar’s “Inside Out 2.” Current expectations see the animated sequel easily

In this article STLA STLA Follow your favorite stocksCREATE FREE ACCOUNT Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company’s investor day at its North American headquarters in Auburn Hills, Mich. Michael Wayland / CNBC AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant”

In this article DIS PARA NFLX CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada.  Michael Reaves | Getty Images

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds by claiming

In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – Since spearheading a merger to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. That’s beginning to

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT – General Motors is trimming its expected sales and production of all-electric vehicles this year, as U.S. adoption of EVs occurs slower

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California, on March 9, 2023. Getty Images National Amusements has stopped talks with Skydance on a proposed merger with Paramount Global, CNBC’s David Faber reported Tuesday. National Amusements, which is owned by

United Auto Workers President Shawn Fain testifies about the toll of working hours on laborers before the Senate Health, Education, Labor and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill in Washington, D.C., on March 14, 2024. Chip Somodevilla | Getty Images DETROIT — United Auto Workers President Shawn Fain is under

In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. Eli Lilly & Co.’s shares climbed in early US trading after its experimental drug for Alzheimer’s slowed the progress of the disease in a final-stage trial, paving the way for the company to

Cricket may not be as popular a sport in the U.S. as elsewhere in the world, but some high-profile CEOs and investors are trying to change that. As the Men’s T20 Cricket World Cup, co-hosted by the U.S. for the first time, ramps up, investors have pumped nearly a billion dollars into their American ambition.

In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT Passengers on a Boeing 737 Max-8 plane during a United Airlines flight departing from Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Wednesday, March 13, 2024. Bing Guan | Bloomberg | Getty Images Now playing on United Airlines‘ seat-back screens: personalized ads.

In this article GSK-GB GSK Follow your favorite stocksCREATE FREE ACCOUNT A view shows GlaxoSmithKline headquarters in London, Britain, January 17, 2022. Hannah Mckay | Reuters The Food and Drug Administration on Friday expanded the approval of GSK‘s respiratory syncytial virus vaccine to adults ages 50 to 59 who are at increased risk of getting

Vadym Buinov | Moment | Getty Images The Covid-19 pandemic brought to the surface both cracks and resilience in the American economy, with child care taking center stage as day cares shuttered, schools went remote and parents attempted to juggle their children with their jobs. While employment in the child care sector has made a