Tag: Breaking News: Business

Why a Wall Street downgrade of Costco is not a reason to sell the stock

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's...

New Starbucks CEO Brian Niccol outlines priorities to end coffee chain’s slump

Brian Niccol, incoming CEO of StarbucksAnjali Sundaram | CNBCNew Starbucks CEO Brian Niccol will focus on improving the chain's U.S. business in his...

SEC charges Keurig Dr Pepper for making inaccurate claims about K-Cups’ recyclability

Green tea pod is visible inside a Keurig brand coffee maker, Lafayette, California, December 17, 2022. Photo courtesy Sftm. Gado | Archive Photos |...

Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy

Cunaplus_m.faba | Istock | Getty ImagesInternet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable...

Southwest Chair Kelly to step down next year as activist Elliott pushes for changes at airline

A Southwest Airlines plane takes off from Hollywood Burbank Airport above other Southwest planes on July 25, 2024 in Burbank, California. Mario Tama |...

Why a Disney vacation may have gotten too pricey for the average American family

The U.S. travel sector has been surprisingly resilient when it comes to travel.Domestic travel numbers have returned to pre-pandemic levels and air travel...

SpaceX launches Polaris Dawn mission, which will attempt the first private spacewalk

A SpaceX Falcon 9 rocket with the Crew Dragon Resilience capsule, carrying the crew of the Polaris Dawn Mission.Chandan Khanna | Afp |...

Car giants are being forced to confront some hard truths over the EV transition

The Volvo logo is displayed at the Volvo Cars Hill Country dealership on September 04, 2024 in Austin, Texas.Brandon Bell | Getty Images...

Bengaluru should be one administrative unit with Kannadiga as Mayor: Ashok

A file photo of Leader of Opposition in Legislative Assembly R. Ashok. The BJP is opposing the setting up of the Greater Bengaluru Development...

DirecTV customers will likely miss ‘Monday Night Football’ NFL game as carriage fight with Disney continues

Millions of DirecTV customers will likely be unable to watch the NFL's opening "Monday Night Football" game on ESPN as the company has...

Nelson Peltz steps down as chair of Wendy’s board, starting a new era for burger chain

Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019.Adam Jeffery | CNBCNelson Peltz is stepping down...

Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown

A Northvolt building in Sweden, photographed in February 2022.Mikael Sjoberg | Bloomberg | Getty ImagesNorthvolt, a key battery producer for Europe's electric vehicle...