Companies
Earnings, results, corporate strategy and the balance sheets of the biggest listed companies in the world.
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Airbus is backing down on its push to get workers back in the office after union strikes
The planemaker will allow staff to maintain existing two-days-a-week remote work arrangements after on-off strikes at its Spanish …
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New York is overtaking San Francisco as the top market for tech workers, driven by AI hiring
New York City's 394,300 tech talent jobs edged out the San Francisco Bay Area's 375,730, the first time NY has led in 13 years of …
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Yankees Acquire 6-Year MLB Veteran After Max Fried Injury Update
The New York Yankees have reportedly added a 30-year-old MLB veteran immediately after he cut ties with an AL Central team.
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Hyundai Motor workers staged their first full strike in 10 years over wages and AI job fears
About 40,000 union members walked off the job Friday, halting production at plants in Ulsan, Asan, and Jeonju
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Anthropic is planning to let enterprise customers store their own AI data
The AI company will still require 30-day data retention on its most powerful models, but businesses can keep that data on their ow…
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The Next Food Inflation Shock Is Being Built Before It Reaches Menus
The emerging risk is not one commodity shortage. It is compound volatility across weather, agriculture, geopolitics and already-co…
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Vibram Making A Focus On Outsoles A Growth Business
New partnerships for Italian-based Vibram with Nike, Brooks, Norda, Arc'teryx, Altra and others puts the footwear ingredient maker…
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Starbucks is laying off 224 corporate workers, including those who refused a Nashville move
The cuts mark the end of a global restructuring announced in May, as Starbucks pursues $2 billion in cost reductions
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BJ's Wholesale Club topped profit expectations and raised its full-year earnings outlook
The warehouse club operator posted adjusted EPS of $1.36 in its second quarter, topping analyst expectations of $1.17 a share
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JPMorgan says Treasury's bond buybacks are just kicking the debt problem down the road
A JPMorgan research chief compared the strategy to paying a mortgage with a credit card, warning it does nothing to reduce the und…
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Five Key Problems New Jack In The Box President Needs To Fix
Jack In The Box is leaning on the experience of two former Taco Bell execs in a bid to revive the business. There are five key iss…
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Labubu-maker Pop Mart stock sinks after overseas sales slumped — and Citi cuts its outlook
Shares fell as much as 8.9% in Hong Kong after Asia-Pacific and Americas revenue declined, and Citi lowered its price target to HK…
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Hedge funds posted their worst month against the S&P 500 in 20 years as AI bets unwound
Goldman strategists said July marked one of the sharpest hedge fund de-grossing episodes of the past decade
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Micron's CEO is arguing AI has permanently broken memory's boom-bust cycle
Sanjay Mehrotra argues persistent AI demand is replacing the industry's historic cycle of oversupply and price collapse
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Abbott agreed to pay $670 million to settle preterm baby formula lawsuits
The deal covers about 2,000 claims, including a $495 million jury verdict against Abbott that had been upheld on appeal
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Bitcoin is surging toward its best weekly gain in two years after Treasury and crypto policy boosts
A Treasury bond buyback expansion and a White House push for crypto legislation combined to lift Bitcoin nearly 23% this week
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Trump administration is ending summer gas rules early in bid to lower prices at the pump
The waiver takes effect Sept. 1, two weeks before the summer control season ends, and could add hundreds of thousands of barrels p…
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S&P 500, Nasdaq on track to snap three-week winning streaks
Rising Treasury yields and inflation fears drove a broad selloff, leaving the S&P 500 down nearly 2% for the week
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Hyundai is weighing a massive expansion of its Georgia car plant, citing tariffs
CEO José Muñoz told CNBC the move would make the Bryan County facility the largest vehicle assembly plant by capacity in the U.S.
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Jim Cramer warns of a growing market disconnect
The "Mad Money" host pointed to Walmart's 9% stock drop and rising Treasury yields as signs that macro pressures are overwhelming …
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Ross Stores stock pops after strong sales and a raised full-year outlook
The off-price retailer posted second-quarter earnings of $2.66 a share, well above its guidance of $1.85 to $1.93
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L.A. Lakers Sale Gets Even Messier Thanks To Buss Family Drama
Five of the six Buss siblings are on board with selling their remaining Lakers shares to Bob Iger and Josh Kushner, but acting gov…
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L.A. Lakers $12.5 Billion Sale Gets Even Messier Thanks To Buss Family Drama
Five of the six Buss siblings are on board with selling their remaining Lakers shares to Bob Iger and Josh Kushner, but acting gov…
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The most weatherproof e-bike covers, according to Consumer Reports
E-bike covers can let rain and UV rays through thin fabric. Consumer Reports gathered expert input to find the most weatherproof p…