Business

Clothes displayed at the Shein headquarters in Singapore on June 19, 2023. Ore Huiying | Bloomberg | Getty Images Shein has bought British fast fashion brand Missguided from the Frasers Group as the company looks to expand its market share and global reach ahead of a rumored U.S. initial public offering, the companies announced Monday. 

In this article CMG MCD Follow your favorite stocksCREATE FREE ACCOUNT Chipotle and McDonald’s fast-food restaurants in Chinatown in Washington, D.C. Jeff Greenberg | Universal Images Group | Getty Images McDonald’s and Chipotle Mexican Grill will raise their menu prices in California next year to offset the state’s minimum wage increase for fast-food workers, executives

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT — The United Auto Workers and General Motors have agreed to a deal that will put an end to collective bargaining talks between the union and Detroit automakers following more than six weeks of targeted U.S. labor strikes, sources told CNBC. GM is the final

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC As a result, it’s postponing about $12 billion in planned spending on new EV manufacturing capacity. Customers’ reluctance to pay

In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Comcast Xfinity cable television installation truck parked on a street in front of a suburban home, San Ramon, California, May 17, 2018. (Photo by Smith Collection/Gado/Getty Images) Smith Collection/Gado | Archive Photos | Getty Images Comcast has tried to move investors away from focusing on

Eisai | via Reuters Eisai on Wednesday said an injectable version of the Alzheimer’s drug Leqembi showed promising initial results in a clinical trial, potentially paving the way for a new and more convenient option for administering the antibody treatment.  However, the injection did not cause lower rates of brain swelling and bleeding, which are

In this article F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain (right) and UAW Secretary-Treasurer Margaret Mock (left) lead a march outside Stellantis’ Ram 1500 plant in Sterling Heights, Michigan after the union called a strike at the plant on Oct. 23, 2023. Michael Wayland / CNBC DETROIT – The

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing’s new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, U.S., Feb. 13, 2017. Jason Redmond/Reuters Boeing said Wednesday it will deliver fewer 737 Max aircraft than it previously expected this year as it works through production flaws detected on

In this article WMT AMZN Follow your favorite stocksCREATE FREE ACCOUNT Photo courtesy of Amazon Amazon is considering an expansion into veterinary telehealth in its latest bid to compete with Walmart, which began offering the service to Walmart+ subscribers earlier this year, people familiar with the matter told CNBC.  The e-commerce giant, which has already

DETROIT – The United Auto Workers union on Tuesday expanded its strike against General Motors to a highly profitable full-size SUV plant in Texas — a swift response to healthy profits and record third-quarter revenue for the automaker. The Tuesday strike escalation includes roughly 5,000 workers at GM’s Arlington Assembly plant, which produces the Cadillac

In this article KO Follow your favorite stocksCREATE FREE ACCOUNT A Coca-Cola truck in New York City. Alexi Rosenfeld | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations and hiked its full-year outlook. Shares of the company rose 1.5% in premarket trading. Here’s what the company reported compared with

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT It’s been nearly two years since Netflix first announced its foray into gaming. Yet, as Netflix has more than tripled its game library from 24 to 77 games in the last year, subscribers have largely shrugged their shoulders. This is all a part of the

In this article STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023. Rebecca Cook | Reuters DETROIT — The United Auto Workers union is expanding its strike

Travelers wait to check-in at the Alaska Airlines counter at San Francisco International Airport (SFO) in San Francisco, California. David Paul Morris | Bloomberg | Getty Images An Alaska Airlines flight operated by a subsidiary diverted to Portland International Airport on Sunday because of a security threat “related to an authorized occupant” in the cockpit

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023. David A. Grogan | CNBC Shari Redstone may have missed her window. Paramount

In this article F GM Follow your favorite stocksCREATE FREE ACCOUNT Jim Farley, CEO, Ford, left, and Mary Barra, CEO, General Motors Reuters; General Motors DETROIT — Ready for a tightrope walk? General Motors and Ford Motor report third-quarter earnings and future guidance this week amid ongoing strikes and contract negotiations with the United Auto

In this article PM Follow your favorite stocksCREATE FREE ACCOUNT Philip Morris International’s Marlboro brand cigarettes are arranged for a photograph in Shelbyville, Kentucky, on Oct. 2, 2015. Luke Sharrett | Bloomberg | Getty Images Philip Morris International on Thursday reported quarterly earnings that topped Wall Street’s expectations but revenue that missed estimates, as sales

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT A picture of a woman starting Netflix on a TV inside her apartment. Artur Widak | NurPhoto | Getty Images Netflix shares surged 16% on Thursday following a promising quarterly earnings report. The streaming giant reported a number of victories including a 70% jump in

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Visitors can avoid lines at Disney World if they buy into the system. Joseph Prezioso | Anadolu Agency | Getty Images Disney‘s restructuring has triggered some changes in how the company shares its financial details, shedding light on just how strong its theme park business

In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT Cold and flu medicine including NyQuil sit on a store shelf in Miami on Sept. 12, 2023. Joe Raedle | Getty Images CVS is removing some of the most common cough and cold medicines from its store shelves and will no longer sell them, a