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Tag: Breaking News: Business

Comcast’s potential cable networks separation will test the appetite for media reconfiguration

Mike Cavanagh, president of Comcast Corporation, at center, during the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023.David...

Uber reports third-quarter results that beat Wall Street’s revenue expectations

Uber reported third-quarter results on Thursday that beat Wall Street's expectations for revenue but missed on analysts' projections for gross bookings.Shares of the...

Starbucks’ plan to return to its roots involves 200,000 Sharpies

Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks CEO Brian Niccol said the...

Ford to halt production of electric F-150 Lightning next month until January

Ford workers produce the electric F-150 Lightning pickup at the automaker's Ford Rouge Electric Vehicle Center on Dec. 13, 2022.Michael Wayland | CNBCDETROIT...

Boeing strike will dent last jobs report before election

Boeing workers gather on a picket line near the entrance to a Boeing facility during an ongoing strike on October 24, 2024 in...

Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg...

Comcast is exploring separation of cable networks business

Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday.During the company's third-quarter earnings call with investors, Cavanagh...

Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin,...

Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Spencer Platt | Getty ImagesMerck on Thursday...

Comcast tops earnings estimates as Olympics propel the company

Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal's revenue and Peacock's subscriber count. Shares of Comcast gained...

$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’

Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida.Courtesy: ArX CreativeA team of developers including Related...

‘Slow shopping’ can save you money this holiday season. Here’s how it works

Impulse spending has a cure.So-called "slow shopping" promotes the importance of taking time to think through each purchase to make more mindful buying...

7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Brian Niccols, CEO of Starbucks, speaking with CNBC on Oct. 31st, 2024. CNBCStarbucks CEO Brian Niccol shared more details about the company's turnaround strategy...

Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter

Brian Niccol speaking on CNBC's "Squawk Box" on Oct. 30, 2018.Anjali Sundaram | CNBCStarbucks on Wednesday reported quarterly earnings and revenue that missed...

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