Business

Chairman & CEO Paramount David Ellison attends the UFC 324 event at T-Mobile Arena on January 24, 2026 in Las Vegas, Nevada. Jeff Bottari | Ufc | Getty Images If there’s one thing that Paramount Skydance CEO David Ellison knows well, it’s an impossible mission. Ellison, producer of five of the “Mission: Impossible” films, has

Cava, the fast-casual Mediterranean restaurant chain, reported record-breaking revenue for fiscal year 2025 on Tuesday and forecast sales growth for fiscal year 2026. Shares closed more than 25% higher on Wednesday. “While there are a lot of factors around us that are creating pressures from a margin perspective, our model has allowed us to be

Now available on your favorite food delivery app: restaurant reservations. The still-simmering reservation wars of the last decade could fully reignite this year, as a shifting tech landscape pits some of the biggest players against each other to capture businesses and users alike. Reservation incumbents, delivery app newcomers and premium credit card partnerships are all

A Lowe’s store in Concord, California, US, on Monday, Nov. 17, 2025. David Paul Morris | Bloomberg | Getty Images Lowe’s topped Wall Street’s quarterly revenue and earnings expectations and posted more than 10% sales growth year over year on Wednesday even as the home improvement market’s struggles showed few signs of ending. In an

A steak sandwich and French onion soup from Panera Bread Co. arranged in the Queens borough of New York, US, on Tuesday, Dec. 12, 2023. Bing Guan | Bloomberg | Getty Images Panera Bread is entering the so-called value wars with its new “Mix & Match” deals in a bid to win back price-conscious diners.

A Lucid Gravity coming off the line at the company’s factory in Casa Grande, Arizona. Lucid Group reported mixed fourth-quarter results Tuesday as the electric vehicle maker continues to face challenging market conditions and internal struggles. The company widely missed Wall Street’s quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also

Warner Bros. Discovery on Tuesday said Paramount Skydance had raised its takeover offer to $31 per share, up from $30 per share, in a proposal that could “reasonably be expected” to top an existing deal with Netflix. Last week, WBD announced it would reengage Paramount in deal talks under a seven-day waiver from Netflix. WBD

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines is gearing up to shrink to a tiny version of its former self, focusing on high-demand travel periods and routes as

Jamie Dimon, chairman and CEO of JPMorgan Chase, attends the ribbon-cutting ceremony opening the firm’s new headquarters at 270 Park Ave., in New York, Oct. 21, 2025. Eduardo Munoz | Reuters JPMorgan Chase CEO Jamie Dimon said the bank is taking steps to address the impact of artificial intelligence on its workers, and part of

Home Depot on Tuesday posted a roughly 4% quarterly sales decline, as a sluggish real estate market and selective spending by homeowners continued to weigh on home improvement demand. The company also stuck by the current fiscal year forecast that it shared in December at an investor day. It said it expects full-year total sales

DETROIT – Ford Motor reported its largest quarterly earnings miss in four years in its fourth-quarter results released Tuesday, while guiding for 2026 to be a rebound year for the automaker. Ford’s 2026 guidance includes adjusted EBIT of between $8 billion and $10 billion, up from $6.8 billion last year; adjusted free cash flow of

The Food and Drug Administration has refused to start a review of Moderna‘s application for its experimental flu shot, the company announced Tuesday, in another sign of the Trump administration’s influence on tightening vaccine regulations in the U.S. The company’s stock fell roughly 7% in after-hours trading Tuesday. Moderna said the move is inconsistent with

Walmart Inc. signage during the company’s listing at the Nasdaq MarketSite in New York, US, on Tuesday, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Estée Lauder sued Walmart in California federal court over allegations the big-box retailer sold counterfeit beauty products on its website and didn’t do enough to ensure only authorized

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Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called ticking fee to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30

Coca-Cola on Tuesday reported weaker-than-expected quarterly revenue, falling short of Wall Street’s projections for the first time in five years. However, demand for its drinks in North America and Latin America is beginning to show signs of improvement. Looking ahead to 2026, the company is projecting organic revenue growth of 4% to 5% and comparable

A pedestrian walks by a CVS store in Greenbrae, California, on July 31, 2025. Justin Sullivan | Getty Images CVS Health on Tuesday reported fourth-quarter earnings and revenue that beat estimates and reaffirmed the 2026 profit guidance that impressed investors, signaling steady progress in the health-care giant’s turnaround plan. “’24 was a tough year for

Kalshi saw more than $1 billion in trading volume on Super Bowl Sunday, reaching a daily record high, according to CEO Tarek Mansour. That volume was up 2,700% year-over-year, according to the company. The platform allows users to buy event contracts for outcomes in politics, pop culture, financial markets and sports. “It was an incredible

Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs at distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines. In an internal employee memo obtained by CNBC, the big-box retailer said it’s making changes to