Manonallard | E+ | Getty Images For many Americans, it’s the first holiday season when most of the family may know the term “artificial intelligence” if it comes up during Christmas dinner. Just don’t expect AI to do the heavy lifting for Santa quite yet. The rise of generative AI — and the use of
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In this article QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT A Chick-fil-A meal is displayed at a Chick-fil-A restaurant in Novato, California, on June 1, 2023. Justin Sullivan | Getty Images Every restaurant chain from McDonald’s to Popeyes wants to take down Chick-fil-A, but its hold over customers is tighter than ever. Since its founding
An employee works on the production line of pharmaceutical company Zentiva in Prague, Czech Republic, May 6, 2021. David W. Cerny | Reuters The health-care sector has wiped out much of its losses for the year during the December market rally. Beaten-down biotech and medical device makers have seen the biggest rebound this month, and
In this article KRTX BMY Follow your favorite stocksCREATE FREE ACCOUNT Bristol Myers Squibb on Friday announced it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash, or $330 per share. Karuna’s stock popped more than 47% on the news Friday morning, hitting around $317 a share. Bristol Myers Squibb shares rose
In this article NKE FL Follow your favorite stocksCREATE FREE ACCOUNT Nike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer Foot Locker also feeling the blow. Nike fell more than 10%. Foot Locker, which relies heavily on Nike products in its stores, was down
In this article CMCSA DIS Follow your favorite stocksCREATE FREE ACCOUNT Universal and Illuminations latest animated film centers on a family of ducks who decides to leave the safety of a New England pond for an adventurous trip to Jamaica. However, their well-laid plans quickly go awry when they get lost and wind up in
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT The Boeing 787 Dreamliner sits on the tarmac at Boeing Field in Seattle, Washington. Robert Sorbo | Reuters Boeing on Thursday handed over a 787 Dreamliner directly to a Chinese airline for the first time since November 2019, a milestone that could open up the
In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT A customer enters a Nike store along the Magnificent Mile shopping district in Chicago on Dec. 21, 2022. Scott Olson | Getty Images Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered its sales
New Kia cars are displayed on the sales lot at San Leandro Kia on May 30, 2023 in San Leandro, California. Justin Sullivan | Getty Images DETROIT – Sales of new vehicles in the U.S. are expected to increase slightly next year, as the automotive industry continues to normalize from the coronavirus pandemic and other
In this article C Follow your favorite stocksCREATE FREE ACCOUNT A trader works underneath a monitor displaying Citigroup Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on June 3, 2016. Michael Nagle | Bloomberg | Getty Images Citigroup is shuttering another Wall Street business as CEO Jane
In this article PARA WBD CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Let’s say you have a crush on two people and you find out one of them may like you back. Do you just start dating that person, or do you find out what the other person thinks, too? That’s where Warner Bros. Discovery
In this article WBD CMCSA DIS PARA Follow your favorite stocksCREATE FREE ACCOUNT NYT Columnist Andrew Ross Sorkin and C.E.O. of The Walt Disney Company Bob Iger speak during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images It’s the most wonderful time
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines ranked as the second best domestic airline, according to Bounce’s 2023 Airline Index. Aaronp/bauer-griffin | Gc Images | Getty Images Southwest Airlines and its pilots’ union have reached a new preliminary labor agreement, ending months of tense negotiations. Southwest is the last of
In this article FDX Follow your favorite stocksCREATE FREE ACCOUNT A FedEx plane lands at Shanghai Pudong International Airport in Shanghai on April 27, 2023. Vcg | Visual China Group | Getty Images FedEx shares tumbled 8% in after-hours trading Tuesday after the package delivery giant lowered its revenue forecast as weaker demand hit sales.
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Target’s shuttered small-format store on Folsom Street in San Francisco’s SoMa neighborhood, November 2023. Gabrielle Fonrouge On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them
In this article BP.-GB HLAG-DE Follow your favorite stocksCREATE FREE ACCOUNT A container ship sails through the new section of the Suez Canal in the Egyptian port city of Ismailia, 135 kms northeast of the capital Cairo on October 10, 2019. Khaled Desouki | AFP | Getty Images Attacks by Iran-backed Houthi militants on ships
In this article SIG WMT Follow your favorite stocksCREATE FREE ACCOUNT SECAUCUS, N.J. — Here, shoppers can browse engagement rings, tennis bracelets and pendant necklaces displayed behind glass. Then, they can walk a few yards to grab milk, cereal or socks. Welcome to Walmart. During recent inflation, the world’s largest retailer attracted new and higher-income
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Trevor Milton, founder of Nikola Corp., exits court in New York, US, on Monday, Sept. 12, 2022. Stephen Yang | Bloomberg | Getty Images Nikola Founder Trevor Milton is set to be sentenced Monday in a New York courtroom on three charges related to defrauding
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT — General Motors plans to lay off about 1,300 workers in
In this article PFE NOVO.B-DK LLY Follow your favorite stocksCREATE FREE ACCOUNT George Frey | Bloomberg | Getty Images Weight loss drugs exploded into the public eye this year, and 2024 will bring more change to the evolving market. The drugs skyrocketed in popularity in 2023 as they helped patients shed significant weight, despite hefty
Major League Pickleball finals at Pickle & Chill on October 16, 2022 in Columbus, Ohio. Emilee Chinn | Getty Images Dozens of professional pickleball players have formed a collective to voice their concerns about recent pay cuts and the future of the sport. In a letter obtained by CNBC, the collective shared their dissatisfaction with
In this article DRI Follow your favorite stocksCREATE FREE ACCOUNT An Olive Garden restaurant in Fremont, California, US, on Thursday, Sept. 14, 2023. Darden Restaurants Inc. is scheduled to release earnings figures on September 21. Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly earnings that beat expectations and raised its annual guidance, helped
The Hamburg flag flies in front of Hapag-Lloyd containers on the Hapag-Lloyd containership “Berlin Express” at Burchardkai in the Port of Hamburg. Marcus Brandt | Picture Alliance | Getty Images Two shipping giants, Hapag-Lloyd and Maersk, are pausing their travel through the Red Sea and the Bab el-Mandeb Strait in the Middle East following a
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Jane Fraser, CEO of Citigroup, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images Citigroup told most of its employees that they can work remotely the final two weeks
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Sydney Boyo DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing in such growth areas in 2016. Cruise, its majority-owned autonomous vehicle subsidiary, is
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT Angel Di Bilio | iStock Editorial | Getty Images Delta Air Lines is adding more flights next year at Austin-Bergstrom International Airport, in a bid to gain market share in one of the country’s fastest-growing airports. The carrier plans to add 11 nonstop flights from
In this article LUV Follow your favorite stocksCREATE FREE ACCOUNT Southwest Airlines CEO Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange on Dec. 9, 2021. Brendan McDermid | Reuters With the peak Christmas travel season just days away, Southwest Airlines‘ CEO vowed that the carrier will not have
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Timothee Chalamet stars as a young Willy Wonka in Warner Bros.’ “Wonka.” Warner Bros. Discovery A younger, sweeter Willy Wonka enters theaters this weekend. Oh, and he does a lot more singing. Expectations are high that “Wonka” will deliver families to theaters, as the film
In this article MRK MRNA Follow your favorite stocksCREATE FREE ACCOUNT An exterior view of Moderna’s clinical manufacturing facility. David L. Ryan | Boston Globe | Getty Images Moderna and Merck‘s experimental cancer vaccine, when used in combination with Merck’s blockbuster therapy Keytruda, reduced the risk of death or relapse in patients with the most
A view of clouds over Manhattan skyline in New York, United States on August 08, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency | Getty Images Manhattan rents fell for the first time in over two years, as the supply of empty apartments grew and renters held out for
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