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In this article AMGN LLY NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images Amgen‘s stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss injection.  That fueled investor concerns about new competition in the rapidly growing weight loss drug industry,

In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway, led by legendary investor Warren Buffett, has been making a confidential wager on the financial industry since the third quarter of last year.

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Peloton announced Thursday that CEO Barry McCarthy will be stepping down

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Shari Redstone, Paramount Global, attends the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 11, 2023. David A. Grogan | CNBC Sony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest

In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images Shares of Carvana popped more than 30% during after-hours trading Wednesday after the automaker reported record quarterly results and turned a profit during the

In this article SBUX CMG MCD QSR-CA YUM Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks logo is seen as members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle, Washington, D.C., on Nov. 16, 2023. Kevin Dietsch | Getty Images It’s finally here: the long-predicted consumer pullback. Starbucks

In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023.  Lee Smith | Reuters The Federal Trade Commission on Tuesday said it is challenging hundreds of alleged “junk” patents held by pharmaceutical companies for 20 brand-name drugs,

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks coffee shop in Amsterdam. Nicolas Economou | Nurphoto | Getty Images Starbucks on Tuesday reported weaker-than-expected quarterly earnings and revenue, fueled by a surprise decline in same-store sales. “In a highly challenged environment, this quarter’s results do not reflect the power of our

In this article BMY Follow your favorite stocksCREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images A federal judge in New Jersey on Monday rejected Johnson & Johnson‘s and Bristol Myers Squibb‘s legal challenges to the Biden administration’s Medicare drug-price negotiations, ruling that the program is constitutional.  The decision is another win for the

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Bob Bakish, president and chief executive officer of Viacom, attends the fourth day of the annual Allen & Company Sun Valley Conference, July 11, 2023 in Sun Valley, Idaho.  David A. Grogan | CNBC Paramount Global CEO Bob Bakish is stepping down, the company announced

The Times Square Red Lobster will be offering free all-you-can-eat lobster to a select few customers on March 28. Richard Levine | Corbis News | Getty Images Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned.  The company has considered filing for bankruptcy to

In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 7, 2023. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines is considering changes to its single-class, open-seating cabins to drive up revenue, CEO Bob Jordan told

In this article PFE Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images The Food and Drug Administration on Friday approved Pfizer‘s treatment for a rare genetic bleeding disorder, making it the company’s first-ever gene therapy to win clearance in the U.S.  The agency greenlit the drug, which will be marketed

In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on February 7, 2024. Patrick T. Fallon | AFP | Getty Images A CVS in Las Vegas has become the first location to join a new

In this article SBUX Follow your favorite stocksCREATE FREE ACCOUNT A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and Writers Guild of America (WGA) members in solidarity outside Netflix studios on July 28, 2023 in Los Angeles, California.  Mario Tama | Getty Images Starbucks

In this article BA AAL Follow your favorite stocksCREATE FREE ACCOUNT Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023.  JanValls | Nurphoto | Getty Images American Airlines on Friday said Boeing’s 787 Dreamliner delivery delays are forcing it to cut some long-haul flights in the

In this article HMC Follow your favorite stocksCREATE FREE ACCOUNT A Brand new Honda Pilot is displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Justin Sullivan | Getty Images DEROIT – Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT President of National Amusements Shari Redstone arrives at the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, on July 5, 2022. Brendan Mcdermid | Reuters Paramount Global and Skydance Media are making progress on a deal that would merge the media

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021. Andrew Kelly | Reuters Walgreens on Thursday said it will start to work directly with drugmakers to bring cell and gene therapies to U.S. patients as part of a broader expansion of its specialty

In this article F Follow your favorite stocksCREATE FREE ACCOUNT The Ford display at the New York International Auto Show on March 28, 2024.  Danielle DeVries | CNBC DETROIT — Ford Motor is announcing first-quarter earnings after the markets close Wednesday. Here is what Wall Street expects, based on average analyst estimates compiled by LSEG:

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Boeing’s quarterly report on Wednesday will be the most complete accounting to date of the fallout from the

In this article COF AFRM WMT Follow your favorite stocksCREATE FREE ACCOUNT Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida. Joe Raedle | Getty Images News | Getty Images Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the

Pedestrians walk past a Coach store and a Michael Kors store. Scott Olson | Getty Images The U.S. Federal Trade Commission on Monday sued to block the $8.5 billion acquisition of Capri Holdings by Coach and Kate Spade’s parent company, Tapestry. The move by regulators brings at least a temporary halt to a deal that would

The Walt Disney company logo is displayed on the floor of the New York Stock Exchange during morning trading on Dec. 1, 2023. Michael M. Santiago | Getty Images Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is leaving the company, according to an internal memo. LaBerge is taking a job as

A drone operator loads a Walmart package into Zipline’s P1 fixed-wing drone for delivery to a customer home in Pea Ridge, Arkansas, on March 30, 2023. Bunee Tomlinson Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it’s eyeing restaurant partnerships in its next phase of

USA Cricket Vice-Captain Aaron Jones poses next to a giant cricket ball, installed at a marketplace to mark 100 days to go for the ICC Men’s T20 World Cup, in Miami, Florida, on Feb. 22, 2024. Chandan Khanna | Afp | Getty Images A major cricket world cup is coming to U.S. soil for the

An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Images The head of the Federal Aviation Administration on Friday said the agency will increase the required amount of rest time for air

In this article MS NOVO.B-DK LLY Follow your favorite stocksCREATE FREE ACCOUNT A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images A highly popular group of weight loss and diabetes drugs is decreasing some consumers’ appetites — and

Kelcey Smith displays UAW buttons in Chattanooga, Tennessee on April 10, 2024.  Kevin Wurm | The Washington Post | Getty Images Volkswagen workers in Chattanooga, Tennessee, have overwhelmingly voted to join the United Auto Workers — marking a major milestone for the union and its first successful organizing drive of an automaker outside of Detroit’s

In this photo illustration, Pantene and Head & Shoulders hair products are displayed on July 28, 2023 in San Anselmo, California.  Justin Sullivan | Getty Images Procter & Gamble on Friday reported mixed quarterly results as it struggles to bring back shoppers after two years of hiking prices across its portfolio, from Tide detergent to Charmin