Business
Some grocers are using AI to cut food waste and boost profit margins
Grocers turn to AI pricing to cut waste, protect margins and compete for deal-seeking shoppers—targeting dynamic pricing discounts.
By CNBC
Netflix was long 'a builder not a buyer.' Is that era over?
Netflix co-CEO Ted Sarandos said during an investor call that the company built its "M&A muscle" during its pursuit of WBD's assets.
By CNBC
PepsiCo earnings beat estimates as Doritos, Lay's price cuts win back shoppers
PepsiCo's quarterly earnings and revenue topped Wall Street's expectations.
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Why foreign automakers dominate the sedan market
SUVs may have taken over America, but high prices and oversaturation are pushing some customers — and automakers — back to sedans.
By CNBC
How the wealthy are planning to cut their 2026 tax bills
Lawyers and advisors to the wealthy share tax tactics from long-short equity strategies to front-loading charitable gifts.
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Airline CEOs urged by lawmaker to lower fares if fuel prices come down
Airlines have raised airfare, fuel surcharges and baggage fees this year to help cover a surge in fuel costs since the Iran war started on Feb. 28.
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RFK Jr.'s peptide policy could boost Hims & Hers as its GLP-1 business evolves
Hims may have a chance to grow peptides business as a potential revenue driver, with FDA review in 2026 shaping the opportunity.
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Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy
The CDC has been going through turmoil and several leadership shakeups under HHS Secretary Robert F. Kennedy Jr.
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Netflix stock sinks after streamer reiterates guidance, says Reed Hastings to exit board
Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.
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Walmart is refreshing the look of Great Value, its largest private-label brand
The nation's largest grocer is giving the brand a more modern and colorful spin as other retailers invest in private label.
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Bank of America tops estimates as CEO Brian Moynihan says consumer banking is 'healthy'
Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.
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Nearly 60% of U.S. farmers say their finances are getting worse as fertilizer, fuel costs rise: Survey
Rising fertilizer costs tied to global shipping disruptions are squeezing U.S. farmers, forcing cutbacks that could reduce crop yields and supply.
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Morgan Stanley tops estimates as trading revenue exceeds expectations by nearly $1 billion
Morgan Stanley's results in the quarter were powered by the firm's fixed income and equities trading operations, which produced about $8.5 billion in revenue.
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United CEO had been considering a merger last fall, months before bringing it up to the Trump administration
United Airlines CEO Scott Kirby has said the next phase for U.S. carriers is figuring out how to better compete on a global stage.
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Starbucks launches beta app in ChatGPT to fuel new drink discovery
Starbucks is trying to find ways to entice U.S. customers back to its cafes.
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For cruise lines, Iran conflict and oil prices threaten to dent profits
Even as the industry navigates choppy seas, cruise companies are looking for their next avenues for growth.
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Ford EV chief leaving automaker amid new restructuring efforts
The departure was announced alongside Ford detailing a new restructuring that includes the establishment of a "Product Creation and Industrialization" unit.
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Goldman Sachs bond traders stumbled as Wall Street rivals thrived: 'A fire is being lit under' them
Goldman's identity as a trader's firm — one expected to perform in turbulent markets — makes any stumble in the division notable.
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Spirit Airlines could liquidate as early as this week, sources say
The carrier is facing the added challenge of a spike in the price of fuel. Fuel is airlines' biggest expense after labor.
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Blackstone’s Joan Solotar says investors should separate ‘signal from the noise’ in private credit
Joan Solotar, global head of Blackstone Private Wealth, said the capital flight from private credit isn't justified by the likely returns and potential losses.
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Citigroup beats estimates, boosted by gains in fixed income
Citigroup reported its best quarterly revenue in a decade and a 56% year-over-year jump in earnings per share.
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JPMorgan tops estimates on Wall Street results, Dimon flags 'increasingly complex' economic risks
JPMorgan CEO Jamie Dimon called the economy resilient, but pointed to an "increasingly complex set of risks" across global markets.
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Lucid names auto industry outsider as CEO, expands Uber deal
Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive.
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What a United-American merger would mean, from antitrust hurdles to airfare
United Airlines CEO Scott Kirby reportedly floated a potential merger with Trump administration officials earlier this year.
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Jamie Dimon says Anthropic's Mythos reveals 'a lot more vulnerabilities' for cyberattacks
The remarks show how a technology welcomed by corporations as a productivity boon can also pose serious threats, like uncovering new ways to hack into systems.
By CNBC