Business

Charlie Munger wasn’t just the vice chairman of Berkshire Hathaway: His partnership with billionaire Warren Buffett made him half of an iconic duo in the investing world. Watch the special lookback at Munger’s life by CNBC’s Becky Quick above. “I would say that every time I’m with Charlie, I’ve got at least some new slant

Bob Iger, Disney, at Apple program Source: Apple Disney Chief Executive Officer Bob Iger told employees Tuesday during an internal town hall that he is looking forward to “building again” after spending 2023 mending parts of the business that “needed attention.” “I feel that we’ve just emerged from a period of a lot of fixing

A cameraman takes video footage of a stock index board showing South Korea’s benchmark stock index (L) after a ceremony celebrating the New Year’s opening of the South Korea stock market at the Korea Exchange in Seoul on January 2, 2023. (Photo by Jung Yeon-je / AFP) (Photo by JUNG YEON-JE/AFP via Getty Images) Jung

A Shein pop-up store inside a Forever 21 store in Times Square in New York on Nov. 10, 2023. Yuki Iwamura | Bloomberg | Getty Images Shein has confidentially filed to go public in the U.S. as the Chinese-founded fast-fashion juggernaut looks to expand its global reach with a long-rumored initial public offering, CNBC has

In this article INTC GOOGL MNDY PANW DPZ Follow your favorite stocksCREATE FREE ACCOUNT Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Investors are on pace to wrap up a strong November, but it can be a challenge to pick out the

Anastasiia Krivenok | Moment | Getty Images Online spending on Thanksgiving Day jumped 5.5% compared to a year ago, according to Adobe Analytics, a reflection of holiday shoppers who are buying more of their gifts online and responding to discounts. E-commerce sales totaled $5.6 billion on the holiday. That’s nearly twice as much as the

Melis82 | Istock | Getty Images It has never been easy for small or independent music venues to turn a profit. Now, with inflated operating costs, some owners are struggling to keep ticket prices affordable for audiences and take chances on lesser-known artists. The past year has seen music fans roaring back to large stadiums

Target hosted a free “Winter Wonderland” event in New York City to show off the holiday season’s hottest toys. It’s an example of the extra effort that retailers are putting in to motivate shoppers. Melissa Repko | CNBC NEW YORK CITY — On a recent weekend in downtown Manhattan, a long line of families with

Passengers make their way through the terminal as they travel ahead of the Thanksgiving holiday at Washington Dulles International Airport in Dulles, Virginia, on Nov. 22, 2023. Kevin Lamarque | Reuters In air travel, minutes matter. A few moments could be the difference between making and missing a connection for passengers — and could avoid

A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in Washington, D.C., on Nov. 21, 2023. Saul Loeb | AFP | Getty Images There’s a dark cloud hanging over Black Friday. A slew of retailers have issued tepid, cautious or downright disappointing fourth-quarter outlooks over

Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter that the conglomerate is “built

In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Nordstrom on Tuesday said sales slid by nearly 7% year over year, echoing other retailers’ comments about weaker demand and budget-pressured consumers.

Tiger Woods of the United States and Rory McIlroy of Northern Ireland walk to the 11th fairway during a practice round prior to the 2023 Masters Tournament at Augusta National Golf Club on April 03, 2023 in Augusta, Georgia.  Christian Petersen | Getty Images Sport | Getty Images Tiger Woods and Rory McIlroy’s indoor golf

In this article OSTK Follow your favorite stocksCREATE FREE ACCOUNT Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023.  Patrick T. Fallon | AFP | Getty Images Investment firm JAT Capital sent a scathing letter to the board of the new Bed Bath &

In this article Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian passes a Wall Street subway station near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money managers betting on a sustained global rebound will be left sorely disappointed in the second half of this crushing year as

In this article LUV AAL DAL UAL Follow your favorite stocksCREATE FREE ACCOUNT Travelers wait in line to check in for their flights at a Delta Airlines ticket counter at Orlando International Airport during the busy Christmas holiday season on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Agency | Getty Images Airlines

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Jim Chanos, Chanos & Company, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Renown short seller Jim Chanos will be converting his hedge fund Chanos & Co., to a family office and advisory business, CNBC has learned. The investor, best known for

In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, Disney, at Apple program Source: Apple It’s rare for Disney Chief Executive Bob Iger to acknowledge his company has had creative missteps. So when he does, it’s probably wise to pay attention. “As I’ve looked at our overall output, meaning the studio, it’s

In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT Despite indicators like U.S. credit card debt pointing toward financial and economic pressures, another global financial crash is not imminent, UBS chief U.S. economist Jonathan Pingle believes. U.S. credit card debt soared to $1.08 trillion in the third quarter of 2023, data from the Federal