Tag: Business

With corners of the media industry in upheaval, Netflix makes clear it’s staying out of the fray

A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesNetflix's second-quarter earnings...

Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March...

Netflix reports earnings after the bell. Here’s what to expect

The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty ImagesNetflix reports its...

Penn lays off about 100 employees as it focuses on ESPNBet growth

The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty ImagesPenn...

Why outlets are lagging behind other mall categories in the U.S.

Outlet malls have been an American staple for shoppers since the 1930s. But they're not doing as well as they once were.Historically, outlets...

Ford to spend $3 billion to expand large truck production to a plant previously set for EVs

2023 Ford Super Duty F-350 LimitedFordDETROIT – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that...

Can Boeing get back to its glory days?

An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was...

Op-ed: How well can AI chatbots mimic doctors in a treatment setting? We put 5 to the test

Dr. Scott Gottlieb is a physician and served as the 23rd Commissioner of the U.S. Food and Drug Administration. He is a CNBC...

Olympic track and field gold medalists are about to receive prize money for the first time ever

Grant Fisher and Abdihamid Nur compete in the men's 5000 meter final on Day Ten of the 2024 U.S. Olympic Team Track &...

Darden Restaurants to acquire Chuy’s for approximately $605 million

Igor Golovniov | Getty ImagesDarden Restaurants will acquire Chuy's Holdings for approximately $605 million in cash, the companies announced jointly on Wednesday.Darden agreed...

Chaos at Copa America raises doubts over U.S. 2026 World Cup readiness

Fans of Colombia and Argentina the CONMEBOL Copa America 2024 Final match between Argentina and Colombia at Hard Rock Stadium on July 14,...

United profit grows more than 20% on strong travel demand

United Airlines planes at Denver International Airport.Leslie Josephs | CNBCUnited Airlines' second-quarter profit rose more than 20% over last year as strong demand...

GM to increase production of high-performance Cadillac Escalade V8 SUV

2025 Cadillac Escalade V-Series SUVCadillacDETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to...

The Mirage closes in Las Vegas to make way for Hard Rock Guitar Hotel

The volcano attraction in front of The Mirage Hotel & Casino erupts on July 16, 2024, in Las Vegas, Nevada. Hard Rock International...

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