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Tag: Business

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How private equity played a role in Red Lobster and TGI Fridays bankruptcies

Private equity has expanded its influence on the bar and restaurant industry, investing $94.5 billion between 2014 and 2024, according to data from...

Unilever CEO Schumacher to step down after less than two years in the job

Tubs of Ben & Jerry's ice cream in a store freezer.Bloomberg | Bloomberg | Getty ImagesUnilever CEO Hein Schumacher is stepping down after...

Eli Lilly is selling higher-dose vials of Zepbound at a lower price to boost weight loss drug access

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan McDermid | ReutersEli...

Home Depot will report earnings before the bell. Here’s what to expect

A Home Depot store in Louisville, Kentucky, on Aug. 14, 2023.Jon Cherry | Bloomberg | Getty ImagesHome Depot will report its fiscal fourth-quarter...

Chegg sues Google for hurting traffic with AI as it considers strategic alternatives

Chegg seen at the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBCChegg on Monday filed suit in federal district court...

Jamie Dimon calls U.S. government ‘inefficient’ and says Elon Musk’s DOGE effort ‘needs to be done’

JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates...

These are the 2025 CNBC Changemakers: See the full list of women transforming business

The second annual CNBC Changemakers list of women who are transforming business and philanthropy showcases biotech breakthroughs, AI advances, women's health, and both...

Microsoft reiterates plan to invest $80 billion in AI, but may ‘adjust our infrastructure in some areas’

Satya Nadella, CEO of Microsoft, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry...

Starbucks to lay off 1,100 corporate workers as sales sag

Starbucks' corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty ImagesStarbucks will...

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day:1. Rocky runInvestors hope U.S. stocks will rally after...

Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion

Just Eat Takeaway said it was delisting its shares from the London Stock Exchange due to the "low liquidity and trading volumes" of...

MSG Networks reaches deal with Altice USA to bring back New York Knicks, Rangers games

Jalen Brunson, #11 of the New York Knicks, drives to the basket during the game against the Indiana Pacers in Round 2, Game...

How rising health care claim denials are hurting Americans

The targeted killing of UnitedHealthcare CEO Brian Thompson in December became a turning point in the public's growing frustration with the health insurance...

Cramer’s week ahead: Earnings from Nvidia, Dell and Home Depot

CNBC's Jim Cramer on Friday walked investors through next week on Wall Street and highlighted earnings reports from Home Depot as well as...

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