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Tag: Breaking News: Business

Amazon and Starbucks look to stay competitive with different approaches to pricing

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

Home prices hit record high in May as sales stall

Homes in the Issaquah Highlands area of Issaquah, Washington, US, on Tuesday, April 16, 2024. David Ryder | Bloomberg | Getty ImagesSales of previously...

Experts say Shein’s U.S. IPO is all but dead

The Shein logo can be seen on a smartphone, while the Chinese online retailer's website is open on a laptop. Monika Skolimowska | Picture...

Forever 21 seeks rent concessions as fast fashion brand faces financial woes

A fashion retail Forever 21 store is pictured in in London on September 30, 2019. Fashion retailer Forever 21 has filed for Chapter...

Carlsberg slides 8%, set for largest drop in four years, after Britvic rejects $3.9 billion takeover offer

Carlsberg shares were on course for their largest single-day decline in more than four years on Friday, after the British soft drinks maker...

SpaceX unveils backpack-sized ‘Starlink Mini’ satellite internet antenna for $599

Starlink Mini promotional image.SpaceX customer email sent June 19, 2024.SpaceX is rolling out a compact version of its Starlink antennas called "Mini," which...

Gilead’s twice-yearly shot to prevent HIV succeeds in late-stage trial

The logo of Gilead Sciences pharmaceutical company is seen in Oceanside, California, April 29, 2020.Mike Blake | ReutersGilead's experimental twice-yearly medicine to prevent...

Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says

Customers arrive at an Olive Garden location in San Antonio, Texas.Callaghan O'Hare | Bloomberg | Getty ImagesCasual-dining chains are gaining customers who have...

Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly...

Darden beats on earnings, even as Olive Garden, fine-dining sales drag

Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida. Universal Images Group | Getty...

Advertising is now a ‘meritocracy’ in the wake of social media, Resy co-founder Gary Vaynerchuk says

Gary Vaynerchuk speaks onstage during Tribeca X on June 14, 2023 in New York City.Dave Kotinsky | Getty Images Entertainment | Getty ImagesSocial...

Family films led by ‘Inside Out 2’ could reignite the box office

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar's "Inside Out 2."Disney | PixarA big piece has been...

‘Inadvertent geoengineering’: Researchers say low-sulfur shipping rules made climate change worse

Countries at the meeting of the United Nations' International Maritime Organization in London signed a deal for shipping emissions to reach net zero...

Luxury sneaker maker Golden Goose postpones IPO citing political turmoil in Europe

A general view of Golden Goose Superstar "Paint Your Love" sneakers.Icon Sportswire | Icon Sportswire | Getty ImagesItalian sportswear brand Golden Goose postponed...

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