Business

Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters Skydance Media’s offer to acquire National Amusements and merge its studio with Paramount Pictures isn’t a conventional takeover. The question for Paramount Global shareholders might be: Is it better than

In this article HYUO-GB GEL Follow your favorite stocksCREATE FREE ACCOUNT Michael Wayland / CNBC NEW YORK — When Hyundai Motor launched its Genesis luxury brand domestically in 2016, many were skeptical the South Korean automaker — recognized mainly for budget vehicles at the time — knew what it was doing. Among the skeptics were

In this article BBWI EXPR PTON Follow your favorite stocksCREATE FREE ACCOUNT In the months before Bed Bath & Beyond declared bankruptcy last April, the former home goods titan was trapped in a crushing cycle. The retailer had been failing to pay its vendors on time, if at all. During the pivotal holiday season, some

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz’s proxy battle was a “distraction” and Disney can now focus on trying to turn a streaming profit and planning its succession, its CEO Bob Iger said on CNBC’s “Squawk on the Street” on Thursday, just one day after handing a stinging defeat to

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, CEO, Disney at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho David A. Grogan | CNBC Disney shareholders overwhelmingly voted to keep the company’s current board intact during Wednesday’s annual meeting, suggesting they believe current CEO

In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT People walk past an Ulta Beauty store in the Manhattan borough of New York City, New York, U.S., March 8, 2022.  Carlo Allegri | Reuters Ulta Beauty shares tumbled about 13% on Wednesday as CEO Dave Kimbell warned of cooling demand for beauty products. Other

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney shareholders on Wednesday will settle a long-simmering proxy battle led by billionaire investor Nelson Peltz. Voters

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The 2024 Buick Envista. GM DETROIT — General Motors on Tuesday reported a 1.5% decline in first-quarter U.S. vehicle sales compared to a year ago, as the overall auto industry normalizes after years of disruptions and volatile results. The Detroit automaker said the decline to

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China. Visual China Group | Getty Images Disney’s largest shareholder, index-fund manager Vanguard, plans to

In this article EDR SLR-AU Follow your favorite stocksCREATE FREE ACCOUNT Ariel Emanuel, Chief Executive Officer, Endeavor, at the New York Stock Exchange, April 29, 2021. Source: NYSE Private equity firm Silver Lake announced Tuesday that it’s acquiring entertainment company Endeavor Group Holdings for $27.50 a share. Endeavor’s stock rose more than 2% Tuesday afternoon

In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023.  JanValls | Nurphoto | Getty Images United Airlines is asking pilots to take unpaid time off next month, citing late-arriving aircraft from Boeing, according to a note

In this article KSS TGT M Follow your favorite stocksCREATE FREE ACCOUNT Macy’s hasn’t yet shut the approximately 150 stores it plans to close. But retail competitors already smell opportunity. In recent interviews with CNBC, Target CEO Brian Cornell and Kohl’s CEO Tom Kingsbury said the department store’s decision to shrink its footprint gives them

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Dana Walden, co-chair of Disney Entertainment Rich Polk | Getty Images In 1994, a captain of the media and entertainment industry saw something in Dana Walden that made him think she was capable of a bigger role. Thirty years later, that may happen again. That

In this article F Follow your favorite stocksCREATE FREE ACCOUNT 2024 Ford Mustang Source: Ford DETROIT — Ford Motor sees opportunity to grow Mustang sales as it becomes the last American muscle car with a traditional V8 engine, playing to generations of gearheads who’ve been drawn to the performance vehicles. The optimism comes after Mustang’s

In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT Nikos Pekiaridis | Lightrocket | Getty Images Moderna has more to offer beyond its Covid vaccine. The biotech company Wednesday announced positive clinical trial data on three experimental vaccines against other viruses. The company is moving those shots to final stage studies, it said. The

In this article TM Follow your favorite stocksCREATE FREE ACCOUNT 2024 Toyota Tacoma Trailhunter Toyota NEW YORK — Toyota Motor is evaluating an expansion of its U.S. truck lineup that could include all-electric or plug-in hybrid electric versions of its Tacoma and Tundra pickups. Jack Hollis, executive vice president of Toyota Motor North America, said

In this article HD Follow your favorite stocksCREATE FREE ACCOUNT A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California.  Justin Sullivan | Getty Images Home Depot on Thursday said it is acquiring SRS Distribution in a $18.25 billion deal, the latest and largest

A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023.  Lee Smith | Reuters The blockbuster diabetes drug Ozempic could be manufactured for less than $5 a month, even as Novo Nordisk charges close to $1,000 per month for the injection in the U.S. before insurance, a

In this article .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT Hyundai CEO Jae Hoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York International Auto Show Michael Wayland | CNBC NEW YORK – Hyundai Motor is reevaluating its plans to exclusively produce all-electric vehicles at a new

In this article BJ Follow your favorite stocksCREATE FREE ACCOUNT A BJ’s Wholesale Club is shown in Falls Church, Virginia, May 23, 2023. Win Mcnamee | Getty Images BJ’s Wholesale Club said Wednesday that it will open four clubs in the Southeast and one in the Midwest this year, as it tries to expand and