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CNBC Business

Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag

Starbucks shares sink 12% as coffee chain slashes ...

1 year ago 234

Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint

Yum Brands earnings miss estimates as Pizza Hut, K...

1 year ago 198

To train car dealers on EVs and other topics, Ford turns to gamification and AI-powered education

To train car dealers on EVs and other topics, Ford...

1 year ago 194

NBC Sports could buy back rights to iconic theme song 'Roundball Rock' if it airs NBA games again, composer John Tesh says

NBC Sports could buy back rights to iconic theme s...

1 year ago 182

McDonald’s earnings miss estimates as diners pull back, Middle East boycotts hit sales

McDonald’s earnings miss estimates as diners pull ...

1 year ago 173

Coca-Cola tops earnings estimates, hikes revenue outlook on higher prices

Coca-Cola tops earnings estimates, hikes revenue o...

1 year ago 171

Paramount and Skydance inch closer to a merger as key hurdle looms, sources say

Paramount and Skydance inch closer to a merger as ...

1 year ago 180

Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025

Southwest cuts growth plans, warning effect of Boe...

1 year ago 183

Open seating no more? Southwest CEO says airline is weighing cabin changes

Open seating no more? Southwest CEO says airline i...

1 year ago 160

Professional pickleball signs first international deal, looks to grow the sport in India

Professional pickleball signs first international ...

1 year ago 192

Comcast beats earnings estimates even as it sheds more broadband subscribers

Comcast beats earnings estimates even as it sheds ...

1 year ago 159

American Airlines swings to a loss, but tops estimates for Q2 forecast

American Airlines swings to a loss, but tops estim...

1 year ago 187

Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Red Lobster seeks a buyer as it looks to avoid ban...

1 year ago 157

Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes

Chipotle abandons Farmesa Fresh Eatery spinoff aft...

1 year ago 155

Chipotle posts big earnings beat as diners shake off higher prices

Chipotle posts big earnings beat as diners shake o...

1 year ago 165

Ford tops first-quarter earnings estimates as commercial unit offsets EV losses

Ford tops first-quarter earnings estimates as comm...

1 year ago 211

Boeing reports better-than-feared quarter, says supply chain is stabilizing amid 737 Max crisis

Boeing reports better-than-feared quarter, says su...

1 year ago 169

Starbucks resumes bargaining with union after two sides thaw relationship

Starbucks resumes bargaining with union after two ...

1 year ago 173

Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence

Foot Locker debuts 'store of the future' as it loo...

1 year ago 159

JetBlue shares tumble nearly 19% after airline lowers 2024 revenue outlook

JetBlue shares tumble nearly 19% after airline low...

1 year ago 180

General Motors raises 2024 guidance after big first-quarter earnings beat

General Motors raises 2024 guidance after big firs...

1 year ago 187

E.W. Scripps exploring sale of Black-culture broadcast network Bounce TV

E.W. Scripps exploring sale of Black-culture broad...

1 year ago 153

PepsiCo earnings beat estimates but product recalls, weaker lower-income consumer hurt U.S. sales

PepsiCo earnings beat estimates but product recall...

1 year ago 185

FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings

FTC sues to block Coach parent Tapestry's acquisit...

1 year ago 193

Boeing expects slower production increase of 787 Dreamliner because of parts shortages

Boeing expects slower production increase of 787 D...

1 year ago 147

Disney technology executive Aaron LaBerge to leave company for personal reasons

Disney technology executive Aaron LaBerge to leave...

1 year ago 135

Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens

Inside the organized crime rings plaguing retailer...

1 year ago 214

Ulta CEO says e-commerce sites can do more to stop the sale of stolen goods

Ulta CEO says e-commerce sites can do more to stop...

1 year ago 203

Wall Street isn't pleased that Kevin Plank is returning as Under Armour's CEO, shares plunge 12%

Wall Street isn't pleased that Kevin Plank is retu...

1 year ago 209

'Dollars up, donors down': More charity money is coming from the ultra-wealthy

'Dollars up, donors down': More charity money is c...

1 year ago 197

Shares of Dick's Sporting Goods soar 15% on holiday earnings beat, dividend raise

Shares of Dick's Sporting Goods soar 15% on holida...

1 year ago 198

Home Depot will open four distribution centers as it looks to home pros to drive sales growth

Home Depot will open four distribution centers as ...

1 year ago 177

Petco CEO Ron Coughlin is out, former Best Buy exec to step in as interim chief executive

Petco CEO Ron Coughlin is out, former Best Buy exe...

1 year ago 205

SpaceX cleared to attempt third Starship launch Thursday after getting FAA license

SpaceX cleared to attempt third Starship launch Th...

1 year ago 173

Kevin Plank returns as Under Armour CEO, Mohamed El-Erian named board chair

Kevin Plank returns as Under Armour CEO, Mohamed E...

1 year ago 162

Boeing Max crisis forces airlines to cut flights, pause hiring, CEOs say

Boeing Max crisis forces airlines to cut flights, ...

1 year ago 180

GM hires ex-Tesla, Google exec to replace retiring head of manufacturing

GM hires ex-Tesla, Google exec to replace retiring...

1 year ago 202

Southwest Airlines cuts capacity and rethinks 2024 financial forecast, citing Boeing problems

Southwest Airlines cuts capacity and rethinks 2024...

1 year ago 187

Frontier's newest upsell: Empty middle seats, more legroom at the front of the plane

Frontier's newest upsell: Empty middle seats, more...

1 year ago 178

Airbus widens aircraft delivery lead over Boeing as Max crisis deepens

Airbus widens aircraft delivery lead over Boeing a...

1 year ago 186

Longtime CEO of Berkshire Hathaway's Brooks Running will step down, hand the reins to company veteran

Longtime CEO of Berkshire Hathaway's Brooks Runnin...

1 year ago 169

Babies R Us is coming to about 200 Kohl's stores

Babies R Us is coming to about 200 Kohl's stores

1 year ago 190

Lego revenue ticks higher in 2023, despite trade-downs and China pullback

Lego revenue ticks higher in 2023, despite trade-d...

1 year ago 188

How NWSL Commissioner Jessica Berman led the league out of crisis to revive women's soccer

How NWSL Commissioner Jessica Berman led the leagu...

1 year ago 190

McDonald’s and other restaurant chains look to the Sun Belt for growth as population soars

McDonald’s and other restaurant chains look to the...

1 year ago 168

Novo Nordisk's Wegovy wins FDA approval for cutting heart disease risks, in move that could expand insurance coverage

Novo Nordisk's Wegovy wins FDA approval for cuttin...

1 year ago 158

Abercrombie & Fitch beats holiday estimates as sales soar again, helped by higher prices

Abercrombie & Fitch beats holiday estimates as sal...

1 year ago 430

Foot Locker shares fall after heavy promotions lead to holiday-quarter losses

Foot Locker shares fall after heavy promotions lea...

1 year ago 421

Nordstrom shares fall 10% as retailer warns of potential sales declines in 2024

Nordstrom shares fall 10% as retailer warns of pot...

1 year ago 222

Target launches paid membership program as it chases new revenue streams

Target launches paid membership program as it chas...

1 year ago 225