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Tag: Breaking News: Business

Best Buy gets a big Wall Street endorsement that’s in-line with why we own 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 Friday's...

10 things to watch in the stock market Friday including a bullish call on Best Buy

10 things to watch Friday, Sept. 27 — Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. 1....

Why U.S. auto factories are so unproductive

Automotive factories throughout the United States and around the world are not producing nearly as many cars as they need to in order...

Why analysts are calling Cava the next Chipotle

Fast-casual Mediterranean chain Cava has had an impressive year since going public in June 2023. It posted a profit in its first quarterly...

FDA approves Bristol Myers Squibb’s schizophrenia drug, the first new type of treatment in decades

Bristol Myers Squibb's Cobenfy drugCourtesy: Bristol Myers SquibbThe Food and Drug Administration on Thursday approved Bristol Myers Squibb's highly anticipated schizophrenia drug, the...

Super Micro shares tumble 12% after DOJ reportedly opens probe into company

Jaque Silva | SOPA Images | Lightrocket | Getty ImagesSuper Micro Computer shares fell more than 12% on Thursday after the Justice Department...

U.S. new vehicle sales expected to have struggled during third quarter

New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership's lot on October 03, 2023 in Miami, Florida.Joe Raedle | Getty Images News...

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

David Tepper, founder and president of Appaloosa Management.David Orrell | CNBCAppaloosa Management's David Tepper said investors should believe the Federal Reserve when...

Hoda Kotb announces she is leaving NBC’s ‘TODAY’ show

Hoda Kotb on the set of the TODAY Show on Friday, April 12, 2024,Nathan Congleton | Nbcuniversal | Getty ImagesHoda Kotb will be...

Southwest Airlines raises summer revenue forecast, authorizes $2.5 billion in share buybacks

A Southwest Boeing 737 is at Phoenix Sky Harbor International Airport in Arizona, USA, on July 2, 2024. Robert Smith | Nurphoto | Getty...

Grubhub-owner Just Eat Takeaway to deliver sex toys in partnership with adult retailer Lovehoney

A Just Eat sign displayed at the front of a pizza takeaway shop on May 19, 2020 in Fleet, England.Alex Burstow | Getty...

H&M shares tumble 7% on profit miss and scrapped margin target

The logo of Swedish clothing retailer H&M hangs over one of its stores on March 28, 2018 in Berlin, Germany.Sean Gallup | Getty...

American Eagle sues Amazon over alleged ‘knock-offs’ of Aerie products

A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty ImagesAmerican Eagle Outfitters is suing...

New Starbucks CEO Brian Niccol commits to working with union as talks move forward

A Starbucks worker wears a t-shirt and button promoting unionization on April 7, 2022, in Chicago. John J. Kim | Chicago Tribune | Tribune...

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