Business

People walk past a Lululemon store on April 03, 2025 in Miami Beach, Florida. Joe Raedle | Getty Images Lululemon is ending its feud with founder Chip Wilson. The athletic apparel company entered into an agreement with Wilson on Wednesday that ended a messy proxy contest the founder started late last year as its largest

Foot Locker is slowly getting back to growth, but the costly turnaround of the legacy sneaker store is still weighing on the bottom line of its parent, Dick’s Sporting Goods, as the company posted an earnings miss on Wednesday. In the three months ended May 2, Dick’s incurred $96.5 million in charges related to the

An AutoZone store in Richmond, California, Feb. 26, 2026. David Paul Morris | Bloomberg | Getty Images AutoZone Inc. on Tuesday recorded its worst trading day in more than four years despite the retailer beating Wall Street’s estimates for its third-quarter fiscal results. AutoZone stock closed off 9%, marking its worst decline since a 9.5%

Tayfun Coskun | Anadolu | Getty Images American Airlines plans to outfit more than 500 of its narrow-body aircraft with Starlink, handing another win to Elon Musk‘s SpaceX unit that has made inroads with major carriers for in-flight Wi-Fi. American was evaluating Starlink and Amazon Leo as recently as March for the service. The airline

Surfside drinks on display at the trade show during CinemaCon 2026 at Caesars Palace in Las Vegas on April 15, 2026. Travis P Ball | AP About a decade ago, sales of LaCroix began to skyrocket. Soon, flavored seltzers were everywhere, from grocery store refrigerators to liquor store shelves. But the era of bubbles looks

Travelers walk through the terminal at Ronald Reagan Washington National Airport on May 1, 2026. Leslie Josephs | CNBC Higher fuel prices are testing how badly consumers want to travel this summer, whether flying or driving. Airfare hasn’t been this high since May 2022, when airlines stumbled out of the pandemic with aircraft and employee

Rolfo | Moment | Getty Images This summer, mega artist Harry Styles will take the stage at Madison Square Garden in New York City for an exclusive 30-show residency – his only planned stop in the country and a show that’s garnered intense attention since its announcement. Despite her best efforts, Shira Elfassy won’t be

Still from “Star Wars: The Mandalorian and Grogu.” “Star Wars” returns to the big screen for the first time in seven years this weekend, riding the contrails of a Mandalorian’s jetpack. Disney’s “Star Wars: The Mandalorian and Grogu” tallied $12 million in Thursday night preview sales, the lowest collection of advance tickets in the franchise’s

A Walmart store in Austin, Texas, Feb. 3, 2026. Brandon Bell | Getty Images Two top Walmart executives are departing the company, nearly four months after CEO John Furner took over, according to internal memos viewed by CNBC on Friday. Tom Ward, the chief operating officer of Walmart’s warehouse chain Sam’s Club, is retiring, and

President Donald Trump suggested last month he would look out for companies that didn’t seek tariff refunds after the Supreme Court struck down his wide-ranging global duties. At first, some major firms like Amazon appeared to be holding off on asking for money back over concerns they’d offend the often transactional president and end up

Moviegoers watch the film Ne Zha 2 at an IMAX GT Cinema on February 23, 2025 in Guiyang, Guizhou Province of China. China News Service | China News Service | Getty Images Wall Street is buzzing following reports that IMAX is exploring a sale. Shares of the movie theater technology company were up roughly 14%

Customers shop for eggs at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | Getty Images Egg prices are finally cooling in a welcome shift for consumers. But now a new challenge is sending producers scrambling: they have too many eggs at a time when their input costs are rising.

The AvalonBay Communities Inc. Park Loggia condominium, center, is reflected in a building in New York, U.S. Mark Abramson | Bloomberg | Getty Images The biggest ever merger of real estate investment trusts — the combination of Equity Residential and AvalonBay, announced Thursday — has investors and analysts alike left with dropped jaws. The all-stock

Stellantis CEO Antonio Filosa listens as U.S. President Donald Trump announces new fuel economy standards, in the Oval Office at the White House in Washington, D.C., U.S., December 3, 2025. Brian Snyder | Reuters AUBURN HILLS, Mich. — Stellantis CEO Antonio Filosa said he believes there’s opportunity to expand the automaker’s partnerships in North America

An Imax private screening for the movie “First Man” at an AMC theater in New York on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images Shares of premium theater company IMAX jumped after the closing bell Thursday following a report that it’s exploring a sale. A source familiar with the company

President Donald Trump speaks during an announcement with Environmental Protection Agency Administrator Lee Zeldin (not pictured) in the Oval Office at the White House, in Washington, May 21, 2026. Kevin Lamarque | Reuters President Donald Trump on Thursday announced a delay of two Biden-era EPA refrigerant rules, arguing the move will cut costs for companies

AUBURN HILLS, Mich. — Stellantis said Thursday it plans to invest 60 billion euros ($69.7 billion) under a new five-year strategic plan by CEO Antonio Filosa that also targets positive free cash flow by 2027. The plan includes putting 36 billion euros toward the company’s massive portfolio of automotive brands, with 60% of the investment

Samuel Boivin | Nurphoto | Getty Images For most media companies, recent upfront presentations — the annual slate of content pitches to advertisers — have been shaped by uncertainty, whether it be macroeconomic or geopolitical. This year, the shifts are coming largely from within. Media executives told CNBC that while they have been cognizant of

The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT – General Motors is laying off hundreds of salaried employees in its information technology operations as the automaker reevaluates its workforce needs and cuts costs, CNBC has learned. The global reductions began Monday and will impact about

The US Supreme Court in Washington, DC, US, on Monday, April 20, 2026. Graeme Sloan | Bloomberg | Getty Images TheU.S.SupremeCourtcleared the way onMondayfor Alabama Republicans to pursue a congressional voting map more favorable to their party ahead of November’s midterm elections, the latest fallout from thecourt’s seismicvoting rights ruling. The justices lifted a lowercourt’s