McDonald’s Corp. signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 25, 2025. Michael Nagle | Bloomberg | Getty Images McDonald’s on Wednesday announced plans for its own media network, pricey restaurant upgrades and ways to win over GLP-1 users during an investor presentation at its
Business
Royal Caribbean has agreed to take a 50% equity stake in Sandals for $3 billion, the companies announced Wednesday. The deal values the Caribbean resort chain at $6 billion and is expected to boost growth for both companies. The transaction is expected to close early next year. Royal Caribbean’s stock is down roughly 25% over
Qantas Airways plans to start selling seats on its first nonstop between New York and Sydney next August, with flights set to launch in 2028, as the Australian carrier fills out the details for another marathon route with a special Airbus plane. The route will take about 18 hours, which puts it close to what
An Obamacare sign is displayed outside an insurance agency on Nov. 12, 2025, in Miami. Joe Raedle | Getty Images News | Getty Images The Centers for Medicare and Medicaid Services said on Tuesday it canceled roughly 315,000 Affordable Care Act marketplace enrollments covering about 760,000 people last month, alleging unauthorized enrollments, characterized by Vice
Peloton is betting that revamped treadmills, AI and new distribution channels can bring it back to sustained growth. The connected fitness company on Tuesday unveiled three new treadmills and new features for its Peloton IQ artificial intelligence platform with tools for runners, walkers and hikers. Peloton aims to widen its customer base, from people looking
Take a drive in Texas on Interstate 45 between Houston and Dallas or I-20 between Fort Worth and El Paso, and you will see dozens and dozens of tractor trailers.They are two of the busiest highways in the country for trucks — and two routes where Aurora Innovation is operating completely autonomous semis. “It’s using
McDonald’s Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois. Richa Naidu | Reuters McDonald’s is expected to share more details about its new strategy to win back diners at its investor day on Wednesday in Chicago. The company unveiled its new global growth plan, called McDonald’s > NEXT,
Hundreds of flights to and from the New York area and Philadelphia were canceled, delayed or diverted Monday after a Verizon fiber cable was accidentally cut during construction in New Jersey, severing a backup feed of key data for air traffic controllers, officials said. The Federal Aviation Administration halted flights bound for Newark, New Jersey,
Paramount Skydance’s $110 billion merger with Warner Bros. Discovery will move forward as the company settled Monday with a group of state attorneys general that sought to block the deal on antitrust grounds. The lawsuit, brought by a group led by California’s Rob Bonta, was previously set to head to trial in March and would
Eli Lilly CEO Dave Ricks told CNBC on Monday that 700,000 new seniors have started GLP-1 treatments since Medicare coverage of obesity drugs launched in July, and 70% of those patients are on Lilly medicines. In an exclusive interview with CNBC, Ricks called the rollout of coverage “very encouraging” so far, saying its expansion of
Eli Lilly CEO Dave Ricks told CNBC on Monday that one-third of new GLP-1 pill patients are taking the drugmaker’s Foundayo, as the company tries to catch up to a lead in the space established by rival Novo. In an exclusive interview, he said the company’s share of the oral market is growing week over
Nissan at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC Nissan Motor is looking to increase its U.S. production as it launches the 2027 Rogue crossover, including with a new hybrid model that the company views as a crucial offering for American consumers. “We’re now
Jim Nielsen puts the finishing touches on a radial arm saw at Original Saw Co. in Britt, Iowa. Photo: Jennifer Eden Fewer, pricier flights. Freight surcharges. Manufacturers hoarding inventory. Even bankruptcy. For American companies large and small, the combination of tariffs imposed under President Donald Trump‘s trade policies, surging fuel prices from the Iran war
Bill Franke, co-founder of Indigo Partners and chairman of Frontier Airlines Inc., speaks during an interview in New York, Oct. 28, 2022. Jeenah Moon | Bloomberg | Getty Images SCOTTSDALE, Ariz. — For decades, William Augustus Franke, Frontier Airlines‘ chairman and a serial airline investor, made a killing selling cheap plane tickets and charging fees
French soccer phenom Kylian Mbappé signed his new endorsement deal with On after Nike chose not to renew its deal with the international superstar, a person familiar with the matter told CNBC. Earlier Friday, the Swiss sportswear company On said it reached an agreement with Mbappé, marking the brand’s first signing in football. The company
Macklemore’s removal from Ed Sheeran’s tour is having ripple effects on the ticket market. Ticket prices for an upcoming Macklemore performance are climbing after the rapper was dropped from the remainder of Sheeran’s Loop tour for making pro-Palestine comments onstage earlier this month. Meanwhile, secondary market prices for the remainder of Sheeran’s concerts have dipped.
President Donald Trump greets Vice President of China Han Zheng as SpaceX CEO Elon Musk, U.S. Ambassador to China David Perdue and Nvidia CEO Jensen Huang look on at Beijing Capital International Airport on May 13, 2026. Alex Wong | Getty Images The American automotive industry wants President Donald Trump to maintain policies that make
Thomas Fuller | Lightrocket | Getty Images Disney is looking to increase its foothold in the technology space with its latest hire. The media giant said Friday it hired Karandeep Anand, most recently CEO of Character.AI, effective Oct. 2 as senior executive vice president and chief technology officer. The newly created position in the Mouse
Close-up of fast-food packaging with Wendy’s logo. Smith Collection/gado | Archive Photos | Getty Images Meritage Hospitality, one of Wendy’s largest U.S. franchisees, filed for Chapter 11 bankruptcy protection on Thursday. The filing comes as the burger chain has struggled to win over diners who have become increasingly focused on value. For six straight quarters,
A customer shops for makeup at a Walmart store in Secaucus, New Jersey, March 5, 2024. Gabby Jones | Bloomberg | Getty Images As consumers become more educated about the products they’re buying and look to make more holistic purchases, a new retail category is emerging. What were once three separate sections — beauty, health