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Tag: Breaking News: Business

Cava earnings beat estimates as restaurant traffic climbs nearly 10%

Customers arrive at a Cava restaurant in New York City, U.S., June 22, 2023. Brendan Mcdermid | ReutersCava on Thursday raised its full-year outlook...

Jim Cramer looks at reasons for the market decline and provides new views on 3 stocks

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last...

FDA approves updated Pfizer, Moderna Covid vaccines as virus surges; shots to be available within days

The Food and Drug Administration on Thursday approved updated Covid vaccines from Pfizer and Moderna, putting the new shots on track to reach...

Canadian rail lockout leaves billions in U.S. trade stranded, with economic impact to grow day by day

Locked out railway workers demonstrate outside of the CN Rail Brampton yard on August 22, 2024 in Brampton ON, Canada. Ian Willms | Getty...

How we’re thinking about TJX after an analyst downgraded the hot retail 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 Thursday's...

Snowflake shares sink 13% on decelerating product revenue growth

Sridhar Ramaswamy, CEO of Snowflake and formerly co-founder and CEO of startup Neeva, speaks at the Collision conference in Toronto on June 21,...

July home sales break a four-month losing streak as supply rises nearly 20% over last year

A sign is posted in front of a home for sale on August 07, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesClosed...

Peloton to start charging subscribers with used equipment $95 activation fee

Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary...

Peloton shares rise 11% as turnaround plan takes hold, losses shrink

Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in...

Oil tanker left adrift and ablaze after Red Sea attack

Aerial view of a ship at sea.Suriyapong Thongsawang | Moment | Getty ImagesA Greek-flagged oil tanker was left adrift and ablaze in the...

CNBC Daily Open: Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M....

CNBC Daily Open: Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.Michael M....

Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

Edgar Bronfman, Jr.Cameron Costa | CNBCThe future of Paramount Global is still uncertain. Paramount's special committee on Wednesday said it would extend by...

Amazon’s cloud unit may need to pass the profit growth baton to e-commerce

Amazon needs to make more money from its retail business at a time when the bar is already high and short-attention-span consumers are...

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